Investment Q&A

Q: If you had to pick two of these three consumer non-cyclicals to buy, which two would you choose?

Q: Hello 5i, firstly let me echo other comments about how nice it is to have an experienced voice of reason on our side during these turbulent times. Thank you!!
I'm considering selling AVO now to free up some cash to buy a few beaten down names. My question is...if the offer for AVO was increased would it likely to be 5-10% or maybe more?
I know this is pure speculation but I am interested in your opinion.
Thank you
Dave

Q: Hi Team, Re: AVO what other company could make a bid for it and how much better could the offer get. Within reason how much would another company offer based on AVO's valuation. Thanks, Nick

Q: This one has corrected quite a bit. Has your view changed, still a good buy ? Good growth expected ? Cheap on a p/e ratio basis.
Thanks,

Q: Just doing some more work on ZWE...confused on some beta #s. Globefund has the beta = 2.07. Fundata has a 3 year beta of 0.53. 5iR has it at 0.91. Can you please provide some insight...is it simply different timeframes? I am trying to derisk my portfolio (reduce beta), while at the same time increase dividend income...adding to ZWE seems logical, but the beta numbers are confusing. Thanks...Steve

Q: During market drops/volatility like what has happened the last couple of days is it a good approach to buy some small cap to make quick gains when the markets recover? Your advice is much appreciated. Thanks. Shyam

Q: Good Afternoon
ARX is almost touching the lows not seen since the great recession and financial crisis of 2008/09. It is my understanding that the environment for energy companies is not favourable but no other energy company has performed as bad as ARX. Are there any other reasons unknown to us?
I will appreciate your comments with respect to ARX going forward. The dividend has been cut only once since the 2008 recession. Do you see any possibility for a dividend cut?
At this level is the stock a hold/sell or buy?
Thank you

Q: Would now be a good time to had to my position in CPD ?

Q: As per last answer, what is the book value on EFN? Looking like another CBL

Q: The market response to the Wasaya deal looks negative. Is the market's response justified?

Q: Considering the big drop is a great buying opportunity, which would be your top picks from the income portfolio ?

Q: Hi folks, view on Q results,guidance & new CEO for Element Financial. Stock getting hit 30%, do you still like company and would it be a buy,hold or sell. Thanks as always, jb

Q: Hello,

I realize that you don’t focus on the US market but I have cash to deploy and would appreciate your opinion.
I am looking for 4-5 stocks regardless of sector to buy into this market dip. What would you suggest?

Thank you!

Q: Good morning Team 5i,
It looks like a good market correction this week.
What would be your top 5 picks be ( for a 1 to 2 year hold ) over the next few days ?

Thanks
Paul

Q: Good Evening
Today's decline in the TSX and Dow was due primarily due to the increase in interest rates.
Can you please comment as to why several rate reset preferred shares like slf.pr.i and bam.pr.z declined as well? CPD also declined by .7%. It is widely believed that the increase in interest rates will favour the rate reset preferred shares.
Thank you

Q: I am trying to trim my portfolio from 38 equity holdings down to about 30. Largest # of holdings is in the Tech Sector which is 19% of my total portfolio. They are:
SYZ, OTEX, ENGH, DSG (held in my 'balanced' RRSP)
ABT, ET (held in my RIF for income)
ITC,PHO,SHOP (held in my TFSA for growth)

All are between 2% and 4% of my total portfolio with the exception of ET at 1.7% and ITC @ 0.7%

I would also like to purchase KXS !! I am turning myself into knots trying to decide what I should drop in order to buy it (if you think it would be beneficial ?) . Plus what other stocks could I sell/increase/purchase in order to trim the # of holdings and still have a robust tech portfolio.
Any suggestions would be appreciated... Thank goodness you are there as an experienced and wise sounding board !!

Q: I currently own GPS at only a 1.65% weight and in a loss position and wonder if I should buy more to bring it up to 2.0%-2.5%. My weight in the technology is good.
Thanks

Q: I have a half position in ZWE...good time to add to it? My understanding is increased volatility is good for the covered call option. Is there any chance of the dividend being reduced? I am retired.

Thanks...Steve

Q: Last week , with the prospect of a correction and growing speculation (esp. in pot and crypto), I sold many equities to lock in profits (retaining a few gold names) and bought some HVU (double volatility index) as a bit of insurance. It paid off handsomely, with a 68% spike yesterday alone. Looking at the long term chart of HVU, volume is unprecedented and it looks like the period of reverse volatility ran long and deep. I know none of us can predict the future, but does it make sense to hang on to HVU as insurance for awhile in the face of what could be a stormy period in the global markets (even without a geo-political catalyst!).

Q: Hi Peter.
What are your thoughts on Nemaska at present & have you heard when or if they will get financing in the near future ? Thank you.