Investment Q&A

Q: Peter & Team, thanks for your calm in this stormy market. With Amzn, Goog, Msft etc indicating >$500B in Capex spend, who are the beneficiaries ? The chips are obvious but who else ? Are the copper companies part of the list ? What are the best names based upon valuation here ? Thank you.

Q: I have mostly income holdings with some large growth stocks (GOOG, META, AMGN, MSFT). Having sold UMAX now looking at HHIS or HDIV. HHIS seems to fit the bill of both growth and income. In a mostly value portfolio I would hold 1% or $16,000 of HHIS for income. Is this reasonable with some risk or is adding to HDIV a better choice? HHIS has a total value now of over 1B up from its initial few million. 80 year old income investor with a 5-10 year horizon.

Q: Good morning Peter and Team,

Something I've always wondered: Do negative news items about the founder of a particular company — Microsoft in this case — have any effect on the performance of the stock? Last night on the news, I heard Melinda Gates talk about her ex-husband's apparent relationship with Epstein, certainly not helping Bill's image.

Or are these stories just “noise” and should be ignored?

Q: Hello Team 5i,

Apart from the immense spending MSFT is continuing to undertake to beef-up their Azure capabilities can you comment :
(1).On the other reasons the shares have been severely punished since coming up with what appeared to be some reasonably good earnings for the past quarter? Also can you please explain :
(2). Why less than a few months ago MSFT renegotiation of their new terms with Open AI was heralded as a very good move (their stock value popped up the same day close to a new maximum) whereas the same relationship now seems to have become detrimental to MSFT, maybe even compounding their precipitous share price drop (from 550 to 410) among other reasons?. As always thank for sharing your always very good insights. Adel

Q: Hi There. Please correct me if I am wrong but I understand that Google, Microsoft and Amazon are stake holders of Anthropic. Can you please tell how much % ownership they have in Anthropic? Do you think this is a reasonable way of getting exposure to Anthropic? If yes, which stock if any would you purchase? Many thanks.

Q: Would you buy GlXY on this pullback?
Also can you comment on the reasons for the decline in MSFT and Shopify ?

Q: Hello Peter & team

Tried searching the database to see what questions had been asked about this new technology and failed. Please provide an analysis of the photonic crystal market in Canada, encompassing various aspects such as market size, segmentation, growth drivers, challenges, and emerging trends. Also which companies you might recommend and if you think now is the time to begin building a position in a portfolio. Has 5i started a position in any of their mock portfolios?

Thanks for all you do

gm

Q: The market keeps going up with high valuations for many stocks. What are your current top 5 Canadian and 5 US stocks with high convictions, good valuation and growth for the next 3 to 5 yeas in TFSA account. Please provide your rationale for each pick with risk level (H, M, L) and entry price if possible. Thanks.

Q: What do you make of the markets today? Tech, gold, silver, metals, and cryto really getting hammered. Is this a result of these specific sectors just running too hot, as well as disappointing MSFT earnings, slowing growth and larger cap ex. Aside from MSFT, META had larger cap ex and the stock got rewarded for larger rev guidance. We can see how these tech companies will get punished on less than above average earnings and guidance. Is this market priced to perfection and expectations are just too high? Is it time to raise more cash and be defensive?

What do you think of the comments below from Powell and Macquarie and the potential for US rate hikes within the next year? We know markets are forward looking and are they expecting this potentially later this year? We all know Trump wants to appoint a dovish Fed chair after Powell. If we do expect rate hikes, this would of course take the air out of tech, risk assets, gold and silver. I hold many growth names that you mention and would like to limit the drawdown.

Lots to unpack here, but what would be your assesssment for the remainder of the year. Thank you!


**U.S. central bank chief Jerome Powell described as a solid economy and diminished risks to both inflation and employment.

**"While the outlook remains uncertain, particularly given the appointment of a new Fed Chair in coming months, our baseline remains that the rate cutting cycle is complete, as labour improvement lies ahead," said David Doyle, head of economics at Macquarie Group.

Q: Good morning,

I thought I would pile on to what I am sure is a significant number of questions on MSFT today. Seems that the quarterly numbers were not all that bad, but clearly the data centre focus/spend, without the commensurate returns on AI, have spooked the market.

Would you see today's move as an opportunity to slowly add to an existing 2-3% position, or would you suggest waiting a few days to see if things stabilize?

Thanks as always.

Q: I only hold MSFT for technology sector. What 2or 3 more technology stock would you recommend for a RRSP which will be converted into a RRIF in 5 years?

Thanks

Q: Could I please have you rank the above stocks in terms of must have in a portfolio constructed today for the long term.

Q: I have just started an RESP for my grandson and will be contributing the max $2500 per year. What would you recommend as my first stock purchases.
Thank you

Q: Hello Team 5i & Everyone,

With regard to the A.I. theme: If you had to pick 9 American stocks to watch that have been already running since 2023 because of A.I., which stocks would they be?

Nividia & Microsoft seem obvious. Maybe VST, AVGO… Gemini provided a list, but I’d like to know what you think please.

I find that the MAGS etf is a simple way to track the big tech stocks, but I’m not sure if the SMH etf would be too specific to track the A.I. stocks/theme?

Thank you for your help!

Sandra

Q: Any reason for the drop in MSFT?? Thanks Jim

Q: With regards to 5i AI special report is there any advice for members as to where to start. There are a lot of companies in your report. Maybe if you could narrow things down to 5 or 6 companies from different areas of AI that could be a core holding.Thank-you for the report and helping me to understand theAI process.
THX

Q: For a portfolio overweight in Tech, which would you suggest trimming? The highest weights are VGT and NVDA, with less in GOOGL and MSFT, and a small portion in each of CSU and SHOP. Thanks for all you do!

Q: with the intention of buying on a pullback or dip of the market 10 % or more, I am unsure has to how to gage the price / earnings ratio of the following: apple, amazon, microsoft. What would be the 3 key metrics to look at and how do they compare to historical values for each one?

Q: I own these 3 low dividend paying stocks on the USD side of my RRIF. All of them have done well. For my mandatory 2026 withdrawal, I plan to do a transfer in kind to my TFSA of whichever one you believe has the best growth going forward. All three will continue to be long-term holds either way.
Thank you for your wonderful service! I seldom ask questions but I benefit from reading the question section daily.
JaneN

Q: I currently own CLS, GOOG, NBIS, CSU, APP, NVDA, SHOP, AVGO, UBER, JBL, MSFT, QBTS, and IONQ in my portfolio. I would like to reduce the number of tech stocks. Can you please rank them in terms of growth potential over the next 12 months.