Investment Q&A

Q: Preferreds have slowly recovered however the ones from Brookfield infrastructure seem to be stalled out. Is there something in the set up of these ones that i am missing.

thanks as always

Q: I would appreciate your comments on ENG's earnings release.

Thank you, Peter

Q: I am currently researching the Vanguard Conservative ETF Portfolio. I would like to confirm that I understand the total fees properly.

The Vanguard website indicates that the MER for this product is 0.25%, and "For any Vanguard fund which invests in underlying Vanguard fund(s), there shall be no duplication of management fees chargeable in connection with the Vanguard fund and its investment in the Vanguard fund(s)."

VCNS holds a portfolio of other Vanguard ETFs. I interpret the above paragraph to mean that the total fees paid to Vanguard is 0.25% (ie. that there is no stacking, that I do not pay the separate MERs for the underlying portfolio ETFs, PLUS an additional 0.25% for the VCNS ETF). Can you please confirm that my understanding is correct?

Thank you for your help and your insightful advice.

Q: Lightspeed, what are your thoughts on $16 IPO price? Is it recommended as a buy, considering normal IPO risks? Do you know when it will start trading? Overall, what are your thoughts on prospects?

Q: Hi Team,
I know your focus is equities. I would appreciate any thoughts you may have about the risk of buying Morguard's 5 year corporate bonds on offer to retail investors? They would be part of a diversified 5 year bond ladder of corporates rated BBB or higher.
Many thanks. Michael

Q: Further to the question on Brookfield prefs, the 5i response likely refers to BIK.PR.A (the Investment corp). I hold BIP.PR.C (Series 3) in a registered account because as can be seen from the link:
https://bip.brookfield.com/~/media/Files/B/Brookfield-BIP-IR-V2/2018-tax/2018%20Canadian%20Taxable%20Income%20Calculation%20Preferred%20-%20Series%203.pdf
the majority of income is foreign. All BIP.PRs are the same and I believe BEP also.

Q: Good Day Team,

Between VEEV and AYX which would you prefer for long term and why? Would you please compare them on their:
1- Quality of management, 2- Software competitiveness, 3- Potential for growth, 4- Current valuation, 5- Balance Sheet.

Much appreciated as always!

Q: I have been waiting for the bleeding to stop on NVDA. Down over 40% and still falling, time to move on? I have about 1.5% in COV and thinking about bringing back up to 3% with selling NVDA

Q: I currently have TOY at 1.6% weight. It was higher but with the recent decline in price this had made my weight lower. Would you be comfortable buying this stock for the long term for at least 3 years or wait to see how the next 2 quarters are? I am thinking of buying to increase it to 2.6% weight.
Thanks

Q: Hi team,

As you know from my questions, I like tech and am a growth investor. I do own some lower beta non-tech stocks as a counter-balance; I just don’t ask a lot of questions on them. The cloud is working these days, with a few normal hiccups. I follow a ton of stocks in the space, so I will ask about five (down from ten) that were bid very high going into earnings, that is, TEAM, TTD, SPLK, AYX, WDAY. Earnings and guidance, as far as I can recall were great, yet the stocks sold off. I attribute it to normal profit taking after big run-ups. I own TTD and TEAM. I owned WDAY in the past, but sold it prematurely. I am a bit shocked and impressed today how AYX shot up about 5% when the market had an awful day. I could see no news on that on the websites I check. Any reason for that? How would you rank these five for growth prospects over the next several years and are there any red flags or undue risks for any so that you would avoid that company?

Thanks again,
Dave

Q: Hi,
I have approx 10% weight in these in a long term RRSP following your porfolios(Only 1% WN as spin off)
I have about $!0,000 to add. What are your thoughts?
Add to a few laggards or add new?

Q: I have been contributing to my TFSA since inception and I currently have $90,000. I just put in $6000 as my 2019 contribution and I'm wondering what stocks I should look at. I'm 27 years old, have a long term time horizon, and I'm very comfortable with a lot of risk. Looking mainly for growth at this point. I currently have 30% of my account in the following (wxm, iwo, xsu, tdb3055 and RBF1035) (pretty well equal amounts). In addition I hold T, rY, BNS, JE, Enb, dol, ala, cjr, and fts all set up in Drips in roughly equal amounts. I also hold about 10% of my tfsa in ABM, EDT, loto and GQ for risky plays, all of which are down 50% except abm which is up 50%. what do you suggest adding at this point? Thanks so much!

Q: Your thought on earnings coming out tomorrow

Q: My question revolves around Peter's webinar and the thought we should know when to sell our losers. I bought the above just before the decline last year. All outpaced (negatively)the market decline considerably. During the recent market rally 2 have not participated with the market, the others have basically market performed. Leaving the value at this point -23%. There have been some misses in the last reports for these companies. As an investor what am I looking for now to continue to hold these positions or be a seller.
Thank you,
Mike

Q: Would AQN be a long term hold.

Q: My Technicals tell me this is in a very bullish pattern. BUT my senses tell me when looking at the charts it is overbought, is hitting 5 year highs and has certainly broken the 5 year pattern channel between 18 and 21.

Bit confused if this chart looks like a buy to you at this point?

Thanks

Sheldon

Q: Hi 5i team,

Of the stocks that have recently hit 52 week highs in 2019, which of these stocks are you comfortable buying/holding and you feel have the most conviction of hitting further 52 week highs?
I prefer Canadian stocks but if you feel there are US listed stocks worth mentioning that follow this trend...that would be a nice bonus. :)

I realize this might be considered momentum investing (or trading) but stocks hitting 52 week highs generally continue that ride for a bit.
And for those good companies that are missing earnings (KXS, GC, TOY), they seem to be getting no love at all....even though this is likely a quarterly event...hopefully.

Is there a site where we can get this info, maybe on a weekly/monthly basis? G&M used to have this but it is a paid feature now. :(
I did find https://www.tradingview.com/markets/stocks-canada/highs-and-lows-monthly-high/ but there are only a few filters to be applied. It does however have an earnings calendar that might be useful to some.

Your site has the daily highs but unless we are watching this daily it can be a task. Can a filter be added in the future to at least view monthly or YTD highs?

Cheers,
Steve

Q: I am interested in increasing my US content, but do not wish to purchase directly from the US. I am looking for some Canadian ETFs based on US Equities to add to my otherwise balanced TFSA for a 5yr+ hold. I currently hold ZWH. Wondering if you could give me your top 5 picks for growth. I would be interested in your best suggestion to play FAANG stocks as well in a Canadian ETF..

Q: Today's question from Sheldon re picks from Rick Rule - SSI is the wrong symbol.
It should be SSL.

Q: Hi,

What do you make of EIF's latest bought deal ? The market does not seem to appreciate.

Thanks