Investment Q&A

Q: what are some other vertical software companies comparle to CSU

Q: Hello,
I was lucky enough to invest in NVIDIA 3-4 years ago but it has grown to around 15% of my portfolio. I’m considering trimming it to 6-7%. I want to replace with other companies in the tech sector, which ones would you recommend for a 10+ year hold? My only other tech holding is Kinaxis.
Thank you for your help.

Q: Peter; The CCP seems intent on cracking down on their own tech companies. Will this be beneficial to other tech companies in Canada and the U.S .- and ,if so, which ones would benefit? Thanks. Rod

Q: A family member would like to build a US dollar portfolio with US stocks. My thought would be to do it along the lines of the 5iR Cdn Balance Portfolio. For example, JPMorgan would be the US stock for the BNS. With this in mind, and being able to tolerate risk and for a long-term intention, like 10 years, what would you suggest the 15+ position US portfolio would look like?....Thanks...Tom

Q: I already own AAPL, AMD, AMZN, CRWD, J, AND MS.
I was looking at CRM, FB, GOOG and AVGO. I would appreciate your recommendations and am looking at adding 5 companies.

Thank you.

Donna

Q: Please comment on earnings and the details of the call, particularly any updates on the slack acquisition. Regards greg

Q: Hi 5i,

I know you like TEAM and have been holding for a while (Thanks!). However, I'm beginning to worry that with CRM bulking up and trying to compete with MSFT in the enterprise collaboration space, that TEAM will start falling behind. Especially, as the other two do more and more acquisitions and bundling. Do you think that will be the case or do you think TEAM has still got good growth? I currently hold TEAM and MSFT. Should I continue to hold TEAM or maybe swap it out for CRM? (I also have ADBE and VEEV if that make any difference).

TIA!
Wayne

Q: Thank you for . I do not normally place much importance on insider selling. However, I see that insiders have been selling a lot of CRM, including sales by Mr. Benihoff . The stream of insider sales reports seems never-ending. Granted, the above is not uncommon and could be due to grant/redemption of options. But the sales seem to have been non-stop lately. Is this something on which one should place any weight to when thinking about one's own thoughts of trimming CRM?

Q: Thanks for great service 5i research provides. Please give me names of some US and Canadian companies which are good buy at this time to hold for next 5 years in non registered Investment account, which is about 40% my total portfolio. Thanks again.

Q: In your answer dated April 19, 2021 to a question on CRM vs. PINS you write
“ ...[we] and would see PINS as having more potential [than CRM] today”. That is a rather odd thing to say, and you have me baffled. SO baffled that I started to make enquiries about what might have been added to your water supply.
I would be thankful if you would confirm—or correct me— on the following:
1. CRM has a wider moat.
2. CRM’s customer base is much bigger and customers are better able to pay CRM (and certainly less fickle).
3. CRM’s business model is sturdier (superior, stronger) and customers tend to be sticky.
4. CRM has a MUCH LARGER total addressable market.

A concern I do have is if CRM is able to close its proposed acquisition of Slack , integration is costly and will be a risk. AND CRM is unlikely to compete well with MSFT post-acquisition of SLACK.

Although CRM has been trading in a flat range and has been underperforming for almost a year, I was thinking of adding to my position in CRM . I would be happy if you corrected me, so I do not make one of my unfortunate and classic mistakes .

Q: Hi Team,
I was looking at trimming 1/3 of my CRM (as its only down 0.5% today) to raise funds to add to PINS (-9% as of time of writing on no news). Would this make sense long term? Do you see CRM or PINS having more upside in the next few years? Thanks
Shane.

Q: I wish to de-risk our portfolio. These are some of our holdings with high PEs [although that is not always the most appropriate criteria for risk assessment]. Would appreciate your advice as to top 10
(a) most at risk currently and
(b) great companies, even if currently expensive, that you have most conviction longer term.

Q: My son hold these tech stocks and really need to start to invest in US tech stocks as all his holdings are in Canada. He would need to sell some of these holdings to get cash so he could convert to US dollars and then buy 2 US stocks. Which stocks would you sell first and can you provide 2 US that are similar to the stocks that he would sell. He has a RRSP account so no capital gains to worry about. He has 20 years before needing to withdraw.
Thanks

Q: I have CRM, DOCU, ISRG and VEEV in my portfolio. I have to raise some cash and I would like to ask for help in deciding which one to trim first, second, third etc.
Thanks for your help.
Albert

Q: I own both of the above. I am down somewhat on crm but I like the company and its overall business philosophy. Would you buy a little more now or perhaps sell or hold in this new environment we are entering. I have owned QCOM for quite a while, up quite a bit.
Same question as above or would you suggest something else in the space. Thank you so much. Maureen

Q: Hi there,

What are your current favourite 15 US growth stocks, regardless of section concentration risks?

Thanks!

Q: Seems bewildering to choose among so many types of Tech stocks. Looking for 3 names...would CRM, ADBE or any others you would suggest be worthy at today’s values or should I just run to the SMH ETF? Help and thanks!

Q: Hello 5I, I hold a almost full position with Norton Life may I have your comments on thier recent quarter, its seems going thru that they met all matrix except for GAAP reported earnings was a miss by 0.02, how important is GAAP to non-GAAP reporting numbers in situation of a security company.
Is it worth holding on to my position or trade it with other growth names, if so what would you recommend fro US stocks.

Q: Thanks 5i for your continued timely reports and advice.

I have run with CRM for the last four years and it is now 5% of my portfolio. I usually cap individual holdings at 5% and wonder if it is worth trimming it to add to use the funds to add to GOOG(2.0%) currently. Good to see google results last week and assume it will continue to grow. Which of the two do you see having the most upside in 3 - 5 years or should I dump (CGI 2.5%)to add to my google position. I recently started a position in ACN so I will have the service industry covered.

Feel free to subtract the necessary question allocation.

Kevin

Q: Hello 5i
I have noticed that CRM doesn't show up in the disclaimer at the bottom of any 5i answers. Maybe I'm reading too much into this but is there a peer of CRM that you "like" more?
Thanks
Dave