Investment Q&A

Q: I've owned this stock for over a year now. It moves with BTC and sometimes goes up and down proportionally and many times moves at a premium to BTC.

Over the last week it has performed very differently to how it has over the past year VASTLY underperforming the underlying asset.

I know all about the company and its holdings of BTC, don't spend time explaining that.

I've searched everywhere and cannot determine why MSTR is so underperforming BTC in the past 7 trading days where BTC has moved very bullishly.

eg.

Currently BTC is up 5.47% and MSTR is up 1.2%

Over the past 5 days BTC is up 9.75% and MSTR is down 8.9%

Can you advise why the major discrepency?


Thanks


Sheldon

Q: I've got these laggards in a TFSA or RRSP, down between 15-36%! I want to dump a bunch (all?) as I feel I've given them enough time to perform and they haven't. Does 5i see catalysts in the next 12 months for any of these that i should keep some?

In which order would you drop them.

Q: You touted this stock some time ago and I have done quite well by it ever since. However, you have not mentioned it lately. Is there any reason to suspect that it will not continue to grow despite it being in what I consider to be a growth area - HVAC both residential and commercial? Or is there another US industrial you feel provides better prospects?

Appreciate your insight.

Paul F.

Q: Hi 5i,
I'm hoping you can give me some advice respecting my grandson's RESP.
I've just drawn out $6300 for his winter semester, and accessed that cash by selling the last of the BCE i had held in the RESP.
The next draw out will be in September, for the same amount ($6300) and there is presently $4300 in cash in the account.
The present holdings are ENB, CM and POW in roughly equal proportions. Between now and September the dividend payments will yield enough cash - when added to the cash presently in the account - to cover the $6300 I'll need to draw out in September, so if I do nothing the cash needed for my grandson's fall semester will be sitting in the account when that time rolls around.
However, I don't like letting the $4300 presently sitting in cash in the RESP just languish there until that cash is needed in September and would like to put it to work until I need the cash in approximately 9 months' time.
Based on the above, can you offer your suggestions about what best to do with that relatively small amount of cash for 9 months? Put it into any or all of ENB, CM and POW to take out when necessary? Or is there something else you might recommend?
Thank you 5i!
Peter

Q: Happy New year to you and your staff !!! A brand new year, a brand new challenge. It would seem that small caps are the cheapest part of the market these days. Would something like CALF be a good way to take advantage of the small cap market without the obvious risk of picking individual winners in this space ?

Q: BEPC seems to have a dividend history of about 3 years so i find it hard to know circumstances under which they'd lower it but i assume it could include climate related factors. BAM on the other hand looks to have reduced (or adjusted due to a spinoff or restructuring, etc) their dividend in 2007, 2014, 2015 and 2020. Then in 2023, it increased by 128%. As the Brookfield name seems to have a lot of cash, it appears that it might be hard to predict when the BEPC dividend could be cut. Would you please guide on how to assess the sustainability of dividend payments for BEPC? Do you think there is much risk of the present dividend being cut? Thanks for your usual market wisdom.

Q: More questions on BEPC
When it launched, it grew rapidly from 07/2020 to 01/2021, then it began a steady decline which seems to have abated in 09/2023. Are there specific reasons that you know of for its 6 month climb and the following 31 month decline? And do you know of the reason(s) for its gradual climb from 09/2023 to today, which looks like the second longest climb since it was launched? I would think there’d be a story but maybe its only known to BAM. I read once in the G&M that one of the downsides of owning Brookfield companies was the complexity of ownership and the difficulty sometimes in understanding the attribution of consequences among the firms.
On 5 Dec/23 you were asked for your top 3 utility pics and replied with FTS, BEPC, H. Would the 3 be the same today and would the order be different?
Many thanks and please serve yourself and the credits -- i don't seem to use them up fast enough !

Q: Another question regarding Martin Pelletier's Financial Post article about using oil to hedge against possible serious geopolitical events:

Would HUC work in this scenario? Please suggest at least three other Canadian-listed oil ETFs that could also work.

Thanks.

Q: Would you own both, or which one is the best value and with maybe less risk?
Thanks again

Q: Tax Q - Are distributions from a money market ETF like ZMMK taxed as income or dividends?

If it's income, are there any tax differences in picking the Canadian ZMMK vs BIL, which is a US name?

Q: Hi, Any ideas, why ATS is stuck at $54-55 level , for a while, except brief interludes, and fails to get any traction on a consistent basis, even though most of Technology as well as Industrial sector ( small and mid cap ) is behaving very well ? What is market worried about and should we be concerned with its recent muted performance ? Thank You

Q: Would you have a recommendation to replace ZUH, which would have more growth, with the understanding that it would also be higher risk either a stock or an ETF?

Thanks for your service!

Q: I am overweight in energy with CNQ, TOU and ENB and underweight in consumer everything. I am down about 8% on the last two and up about 15% on CNQ. Suggestions for reducing?

What would you suggest for consumer?

I am just asking for thoughts/suggestions.

Thanks.

Q: Now that Shopify is hitting new fifty-two week highs, do you expect it to keep going up for a while or just consolidate at some point, thanks?

Q: Hi 5i Team Could you tell me what is driving Meta? I have a small position in it and was planning on trading it for MSFT but it seems to be performing better recently. Do you think the trade is a good move or should I hang on to META.
TIA

Q: Which do you prefer BAM or TSU for growth? Or another, in the same sector?

Thanks for your service!

Q: Do you have the date of the next quaterly result and the market expections?

Thanks

Q: When recommending CROX 5i makes it crystal clear that volatility is to be expected.
That has certainly been true.
i like the company, less so the stock given most of the vol has been down since my purchase.
it is now showing some decent upside M.

Does 5i expect 6 month to one year M to be more biased to up than down.

I am inclined to hold and add if the risk reward justifies it…. otherwise I would look for an opportunity to sell it and move the money into one of your current higher conviction suggestions.

Thanks yet again for your advice.

Q: Hello,
I have built up a TRI position in a registered account since 2006, and it has now grown to become just under 10% of the portfolio. I plan on continuing to hold for many more years unless something changes.
Bearing in mind your usual advice about position sizing and over concentration, and understanding that you can't provide personal recommendations, is TRI a company that you would be more comfortable holding in an 8-10% weight, or a 6-8% weight?
Thanks.

Q: I am overweight in financials with BNS, TD, SLF, POW, Visa and underweight in Utilities. I was thinking of letting POW go. Thoughts on this?

For Utilities, I looked at TA with its very low P/E but it is still stuck in non-renewables at the moment. Thoughts on this? What utility (ies) would you suggest?

I am just asking for thoughts/suggestions.
Your advice is greatly appreciated.