Investment Q&A

• Alcoa Corporation (AA $34.04)
  • $34.04 P/E (TTM): 7.96X Cap: $8.51B
  • View AA Profile
  • View Questions on AA
• Caterpillar Inc. (CAT $480.24)
  • $480.24 P/E (TTM): 24.01X Cap: $223.53B
  • View CAT Profile
  • View Questions on CAT
• Eaton Corporation PLC (ETN $374.06)
  • $374.06 P/E (TTM): 36.94X Cap: $145.69B
  • View ETN Profile
  • View Questions on ETN
• Lockheed Martin Corporation (LMT $498.48)
  • $498.48 P/E (TTM): 27.62X Cap: $116.54B
  • View LMT Profile
  • View Questions on LMT
• Parker-Hannifin Corporation (PH $755.34)
  • $755.34 P/E (TTM): 27.79X Cap: $96.04B
  • View PH Profile
  • View Questions on PH
• Eagle Materials Inc (EXP $230.88)
  • $230.88 P/E (TTM): 16.93X Cap: $7.56B
  • View EXP Profile
  • View Questions on EXP
• Trane Technologies plc (TT $425.00)
  • $425.00 P/E (TTM): 32.89X Cap: $93.89B
  • View TT Profile
  • View Questions on TT
• RTX Corporation (RTX $167.45)
  • $167.45 P/E (TTM): 35.96X Cap: $223.97B
  • View RTX Profile
  • View Questions on RTX

Q: Hypothetically, if a gradual increase in US manufacturing does occur, are there any names poised to outperform?

Upvote 3

Read Answer Asked by Andrew on April 08, 2025

Q: Which would you prefer HPS.A, TVK or VHI from a growth perspective?

Thanks for your service?

Upvote 10

Read Answer Asked by Ozzie on April 08, 2025

• Thermo Fisher Scientific Inc (TMO $534.72)
  • $534.72 P/E (TTM): 26.72X Cap: $183.14B
  • View TMO Profile
  • View Questions on TMO
• Waters Corporation (WAT $322.37)
  • $322.37 P/E (TTM): 26.1X Cap: $17.84B
  • View WAT Profile
  • View Questions on WAT
• IDEXX Laboratories Inc. (IDXX $620.69)
  • $620.69 P/E (TTM): 52.5X Cap: $51.11B
  • View IDXX Profile
  • View Questions on IDXX

Q: Good Morning Peter, Ryan, and Team.
I would like your opinion of TMO at today's price ??
Thank you for your expert analysis. DL

Upvote 4

Read Answer Asked by Dennis on April 08, 2025

• GFL Environmental Inc. subordinate voting shares (GFL $65.07)
  • $65.07 Cap: $23.96B
  • View GFL Profile
  • View Questions on GFL

Q: Could you please provide a more detailed rationale for your latest addition to the Balanced Portfolio. GFL.

How is the current valuation and debt, compared to its competitors ?

Could you also explain the recent secondary offering by some of its institutional share holders and the shares buyback by the Co.

Although, stock dropped on Friday, alongside the market, but do you consider the Co to be a decent hedge during uncertain tariff times ?

What will 5i rating for the Co, if you were to provide one ?

Thank You

Upvote 2

Read Answer Asked by rajeev on April 08, 2025

• BMO S&P 500 Index ETF (ZSP $102.38)
  • $102.38 P/E (TTM): 27.54X Cap: $20B
  • View ZSP Profile
  • View Questions on ZSP
• BMO Equal Weight Banks Index ETF (ZEB $52.56)
  • $52.56 P/E (TTM): 11.56X Cap: $4.38B
  • View ZEB Profile
  • View Questions on ZEB
• iShares Core S&P/TSX Capped Composite Index ETF (XIC $48.06)
  • $48.06 Cap: $19.47B
  • View XIC Profile
  • View Questions on XIC
• iShares S&P/TSX Capped Information Technology Index ETF (XIT $79.18)
  • $79.18 P/E (TTM): 50.49X Cap: $658M
  • View XIT Profile
  • View Questions on XIT
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $40.13)
  • $40.13 P/E (TTM): 14.87X Cap: $1.04B
  • View CDZ Profile
  • View Questions on CDZ
• Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $57.96)
  • $57.96 P/E (TTM): 5.96X Cap: $4.78B
  • View VDY Profile
  • View Questions on VDY
• iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV $34.61)
  • $34.61 P/E (TTM): 10.27X Cap: $3.06B
  • View XDIV Profile
  • View Questions on XDIV
• BMO Nasdaq 100 Equity Index ETF (ZNQ $111.86)
  • $111.86 P/E (TTM): 34.77X Cap: $1.89B
  • View ZNQ Profile
  • View Questions on ZNQ

Q: Could you please provide your top 5 Canadian ETFS and top 3 dividend Canadian ETFs.  Rank the ETFs as well

Upvote 7

Read Answer Asked by Don on April 08, 2025

Q: Following up to Bens question on market multiples - does 5i have a website recommendation to reference current and archived multiples for respective NA Market index s ?

Upvote 3

Read Answer Asked by Brant on April 08, 2025

• Duke Energy Corporation (Holding Company) (DUK $122.75)
  • $122.75 P/E (TTM): 19.97X Cap: $96.23B
  • View DUK Profile
  • View Questions on DUK
• NextEra Energy Inc. (NEE $78.40)
  • $78.40 P/E (TTM): 26.65X Cap: $155.45B
  • View NEE Profile
  • View Questions on NEE
• American Water Works Company Inc. (AWK $136.40)
  • $136.40 P/E (TTM): 24.69X Cap: $27.15B
  • View AWK Profile
  • View Questions on AWK
• Utilities Select Sector SPDR ETF (XLU $88.14)
  • $88.14 P/E (TTM): 19.99X Cap: $21.19B
  • View XLU Profile
  • View Questions on XLU
• Invesco Water Resources ETF (PHO $72.17)
  • $72.17 P/E (TTM): 28.38X Cap: $2.21B
  • View PHO Profile
  • View Questions on PHO
• Atmos Energy Corporation (ATO $169.22)
  • $169.22 P/E (TTM): 23.42X Cap: $26.77B
  • View ATO Profile
  • View Questions on ATO

Q: Please suggest some US utilities, either individual companies or ETF that make sense these days. Thanks

Upvote 3

Read Answer Asked by alex on April 08, 2025

• North West Company Inc. (The) (NWC $47.50)
  • $47.50 P/E (TTM): 17.04X Cap: $2.27B
  • View NWC Profile
  • View Questions on NWC
  • View Reports on NWC

Q: North West has bucked the market trend rising 13% in the last two weeks on good volume. Is it that increased spending in the Northern stores is expected due to settlements or is there some other factor at play? They report Q4 April 9.

Upvote 4

Read Answer Asked by Jeff on April 07, 2025

• Dow Inc. (DOW $23.04)
  • $23.04 Cap: $16.25B
  • View DOW Profile
  • View Questions on DOW

Q: Hello your thoughts on DOW please

Upvote 1

Read Answer Asked by George on April 07, 2025

Q: If you own (cost basis) over $100,000 (I believe) of foreign stock, you need to fill out a T1135 form. My question is, if you owned EFTs for foreign companies, and purchased those EFTs on a Canadian market, will those EFTs need to be included on the T1135?

I know this is a tax question, but I hope it has an easy answer. Thanks.

Upvote 3

Read Answer Asked by Brad on April 07, 2025

• Hammond Power Solutions Inc. Class A Subordinate Voting Shares (HPS.A $126.21)
  • $126.21 P/E (TTM): 18.36X Cap: $1.46B
  • View HPS.A Profile
  • View Questions on HPS.A
• GFL Environmental Inc. subordinate voting shares (GFL $65.07)
  • $65.07 Cap: $23.96B
  • View GFL Profile
  • View Questions on GFL

Q: Which would you prefer HPS.A or GFL from a growth perspective?

Thanks for your service?

Upvote 5

Read Answer Asked by Ozzie on April 07, 2025

• Vanguard S&P 500 ETF (VOO $615.05)
  • $615.05 P/E (TTM): 27.89X Cap: $685.22B
  • View VOO Profile
  • View Questions on VOO
• INVESCO QQQ Trust (QQQ $603.45)
  • $603.45 P/E (TTM): 36.04X Cap: $385.85B
  • View QQQ Profile
  • View Questions on QQQ
• Schwab US Dividend Equity ETF (SCHD $27.51)
  • $27.51 P/E (TTM): 16.78X Cap: $71.41B
  • View SCHD Profile
  • View Questions on SCHD

Q: A large portion of my portfolio is VOO, QQQM and SCHD. Would you recommend buying QQQ, VOO or SCHD when they are currently available for less from their highs?

Upvote 2

Read Answer Asked by Don on April 07, 2025

• Apple Inc. (AAPL $255.92)
  • $255.92 P/E (TTM): 38.61X Cap: $3.77T
  • View AAPL Profile
  • View Questions on AAPL
• NVIDIA Corporation (NVDA $187.19)
  • $187.19 P/E (TTM): 51.81X Cap: $4.53T
  • View NVDA Profile
  • View Questions on NVDA
• Aritzia Inc. Subordinate Voting Shares (ATZ $81.57)
  • $81.57 P/E (TTM): 43.62X Cap: $9.66B
  • View ATZ Profile
  • View Questions on ATZ
  • View Reports on ATZ
• Canada Goose Holdings Inc. Subordinate Voting Shares (GOOS $19.57)
  • $19.57 P/E (TTM): 100.58X Cap: $1.85B
  • View GOOS Profile
  • View Questions on GOOS
• RH (RH $200.72)
  • $200.72 P/E (TTM): 37.33X Cap: $3.79B
  • View RH Profile
  • View Questions on RH

Q: Hi,

Assuming that this trade war comes to a quick end…… what would be the best picks at this time ?

Any thoughts on Apple or nvdea

Upvote 7

Read Answer Asked by HARRY on April 07, 2025

• BetaPro S&P 500 -2x Daily Bear ETF (SPXD $11.59)
  • $11.59 Cap: $54M
  • View SPXD Profile
  • View Questions on SPXD

Q: Hi,

I'm a conservative, almost 60yr old inverter who, last Friday, panicked and shifted about half of my portfolio into ETF bonds as a safer haven for now due to Trump's global tariff mayhem. Now, of course, I'm considering the unthinkable - Canadian inverse bear ETF's to try to get some money back from the crash. I may never have the nerve to do such a thing since I realize there is a high-risk gamble, no dividend and high fees involved. Is there anything else I should be aware of before I dip my toe into such extreme ETF's ?? Is it better to stay in CAD or shift to USD ?

Thanks - Nick

Upvote 1

Read Answer Asked by Nick on April 07, 2025

Q: Would you agree that these unusual times, as 5i describes it, represents an unprecedented period where investors cannot decouple politics and economics?
Thanks in advance for your help during this turbulence.

Upvote 10

Read Answer Asked by Jerry on April 07, 2025

• Parkland Corporation (PKI $38.74)
  • $38.74 P/E (TTM): 22.75X Cap: $6.71B
  • View PKI Profile
  • View Questions on PKI
  • View Reports on PKI

Q: Dear 5i team.

Would appreciate your updated views on PKI with the recent news that Simpson is taking steps to field 9 new board members.
What is your educated guess on how this plays out?
I see the chart indicating a bounce opportunity as it's trading back to levels currently that look like triple bottom to my non educated eye.

Appreciate your assesment.

Upvote 2

Read Answer Asked by Arthur on April 07, 2025

• iShares China Index ETF (XCH $27.43)
  • $27.43 P/E (TTM): 33.39X Cap: $219M
  • View XCH Profile
  • View Questions on XCH
• iShares MSCI Emerging Markets ex China ETF (EMXC $68.16)
  • $68.16 P/E (TTM): 5.49X Cap: $12.90B
  • View EMXC Profile
  • View Questions on EMXC

Q: Hi, I would appreciate if you could suggest a best ETF to invest in China. Also, if you can suggest an ETF for Emerging Markets with less focus on China.

Upvote 2

Read Answer Asked by Harpinder on April 07, 2025

• iShares Japan Fundamental Index ETF (CAD-Hedged) Common Class (CJP $14.39)
  • $14.39 P/E (TTM): 0.05X
  • View CJP Profile
  • View Questions on CJP
• iShares MSCI Japan ETF (EWJ $80.27)
  • $80.27 P/E (TTM): 12.35X Cap: $15.24B
  • View EWJ Profile
  • View Questions on EWJ
• BMO Japan Index ETF (ZJPN $41.78)
  • $41.78 P/E (TTM): 12.33X Cap: $451M
  • View ZJPN Profile
  • View Questions on ZJPN

Q: Hi, I would appreciate if you can suggest an ETF for investment in Japan. Both Hedged & Unhedged options.

Upvote 1

Read Answer Asked by Harpinder on April 07, 2025

• Broadcom Inc. (AVGO $332.57)
  • $332.57 P/E (TTM): 83.65X Cap: $1.55T
  • View AVGO Profile
  • View Questions on AVGO
• NVIDIA Corporation (NVDA $187.19)
  • $187.19 P/E (TTM): 51.81X Cap: $4.53T
  • View NVDA Profile
  • View Questions on NVDA
• Capital Power Corporation (CPX $67.62)
  • $67.62 P/E (TTM): 20.02X Cap: $10.10B
  • View CPX Profile
  • View Questions on CPX
  • View Reports on CPX
• Astera Labs Inc. (ALAB $192.90)
  • $192.90 P/E (TTM): 120.48X Cap: $32.54B
  • View ALAB Profile
  • View Questions on ALAB
• Nebius Group N.V. (NBIS $113.82)
  • $113.82 Cap: $26.73B
  • View NBIS Profile
  • View Questions on NBIS
• Tesla CDR (CAD Hedged) (TSLA $40.85)
  • $40.85 P/E (TTM): 217.26X Cap: $1.98T
  • View TSLA Profile
  • View Questions on TSLA
• Microsoft CDR (CAD Hedged) (MSFT $37.15)
  • $37.15 P/E (TTM): 37.73X Cap: $5.32T
  • View MSFT Profile
  • View Questions on MSFT
• Amazon.com CDR (CAD Hedged) (AMZN $25.78)
  • $25.78 P/E (TTM): 40.18X Cap: $3.25T
  • View AMZN Profile
  • View Questions on AMZN

Q: I have the above stocks all at significant $$ losses in my trading account. I don't need to sell any, but am wondering if I should sell and switch to other similar stocks to lock in capital losses. Do you have an opinion on which you'd sell tomorrow - and a proxy for an equivalent or better replacement. And which ones you would keep due to their unique positioning in the current market? I don't really want to sell and wait 30 days to rebuy the same stock.

Upvote 5

Read Answer Asked by Kel on April 07, 2025

Q: How does RETURN OF CAPITAL affect ones annual Canadian tax return and does one have to keep track of them over longer periods of time? Thanks

Upvote 6

Read Answer Asked by george on April 07, 2025