Investment Q&A

Q: I do have a sizeable chunk of TD and am just wondering if y'all think a different bank is better suited for upside over the next 4 years or so....

Q: Looking for growth. What do you think of Axon & Isrg for a 5 year hold and how would you split a $20,000 U.S.investment between them?

Q: I own both Riot and Galaxy and have thought of closing my position in RIOT and deploying that cash to buy into Galaxy. Your thoughts on why this may be a sensible move -- or why it might not be, and to maintain the status quo. Thank you.

Q: At this time and for a long term hold, what 5 US large capital stocks or so would think would be a worthwhile investment?.....Tom

Q: what did you think of results and do you think that the huge drop yesterday was more on the outlook or is there something we dont see .

Q: With yesterday’s drubbing following their results release, I have about a $12k capital loss on my TD non-registered holdings. I am an income investor and TD’s next ex-dividend date is Jan 10. If I sold my shares today, I could then repurchase them as early as Jan 6 and not put the loss at risk….correct? I have gains across pretty much all the rest of my holdings so picking up the loss now vs the potential price increase over the next 30 days seems an ok risk….do you agree?

Q: Please let me know your thoughts on the growth recovery in the USA, if any, on TD in 2025. I am considering selling TD for a tax loss and repurchasing it over a few months.
Thank you,

Q: Hello Team,
What do you think of XHYC for the next 1-2 years? What is the downside? Better to do XLY instead?
Thank you!

Q: Your thoughts on just released earnings and future outlook, please.

Q: Why is TIH going down? Time to buy?
Many thanks for your hard work.
Connie

Q: Any particular reason why SHOP is up so much today?

Q: What does the market expect from Enghouse next week?

Thx

Q: I was reading online about how Citron Research has been charged with pumping and dumping stocks before. They are currently tweeting positive things about this stock (even though they are a short seller). What do you think is the likelihood of them putting out a short report and shorting it after their positive tweets?

Q: Please provide an updated opinion on ACM Research. Do you see it as having strong growth going forward?

Q: Can I ask for an updated view of MTL. Has the possibility of tariffs added yet another concern. It still trades as a value play. I have a small position, time to put my money elsewhere?

Q: Can I get your opinion on this company, and how it would compare to others such as TFII and ODFL?

Q: Hello, with the overall stock market reflecting a historically high valuation I would like to rotate some of my profits into a few safer names, ideally with relatively lower down-side risk and/or that pays a healthy dividend so I can receive some income in he interim. I appreciate that trying to time the market carries its own risks i.e. it could take a while. What names would you recommend?

Q: I have owned GSY for a good number of years and it has been very profitable over the long term. The share price turned negative at the end of July 2024, with a bigger set back in mid October. Many analysts have a positive outlook, though Morningstar has a price target of $152 (about 10% below its current share price) and CFRA recommends selling. The CEO is on his way out. Its last earnings results seemed quite strong, yet the share price continued to decline, and forward estimates seem to be lower.

While my patience is being tested, I am mindful you have observed that one should assess a stock's performance over the long term ie over a number of years, not just a couple of quarters.

But everything is relative....is there a better place for my investment dollars, or would you hang in? Do you see any catalyst that will turn this ship around?

Many thanks for your excellent service.

Q: In my account today PRN has been indicated as Trading Halted. Do you have any insight on this or is it a brokerage mistake?

Thank you, Mike

Q: Today I asked the following question

"I am looking at hedged ETF's and specifically VSP. I was interested to see how well the ETF tracked the index and found that over a 5 year time frame - it underperformed by about 11%. (Total return for VSP is 81.0% and SPX is 93.33% - The Vanguard US ETF - VOO tracks SPX almost exactly.) I am assuming that this underperformance is because the hedging strategy is not perfect?? .......or does the 11% difference represent the cost of hedging?? Also - would other hedged ETF's have similar comparisons?? Thanks"

The answer

"The performance difference is not that the hedge doesn't work, it is because it does. VSP takes away the currency impact. The Canadian dollar has been quite weak over the time period noted, so VSP has not benefitted from the rise of the US$ vs the C$. "

This answer makes no sense.
If VSP takes away the currency impact - the returns should match the S&P 500 Index ....that is the whole point of hedging - but its 11% off - that is the question. It is either because the hedging strategy is not effective or its due to the cost of the hedge.


The unhedged equivalent Vanguard Canada ETF VFV outperforms the S&P 500 index as you would expect due to the weaking CAD........because it is unhedged....which makes sense.