Investment Q&A

• Apple Inc. (AAPL $255.45)
  • $255.45 P/E (TTM): 38.61X Cap: $3.77T
  • View AAPL Profile
  • View Questions on AAPL
• Amazon.com Inc. (AMZN $220.63)
  • $220.63 P/E (TTM): 33.87X Cap: $2.34T
  • View AMZN Profile
  • View Questions on AMZN
• The Walt Disney Company (DIS $112.95)
  • $112.95 P/E (TTM): 17.96X Cap: $205.86B
  • View DIS Profile
  • View Questions on DIS
• Shopify Inc. Class A Subordinate Voting Shares (SHOP $208.62)
  • $208.62 P/E (TTM): 84.24X Cap: $268.65B
  • View SHOP Profile
  • View Questions on SHOP
  • View Reports on SHOP
• GDI Integrated Facility Services Inc. Subordinate Voting Shares (GDI $27.79)
  • $27.79 P/E (TTM): 19.06X Cap: $650M
  • View GDI Profile
  • View Questions on GDI
  • View Reports on GDI
• Hammond Power Solutions Inc. Class A Subordinate Voting Shares (HPS.A $125.80)
  • $125.80 P/E (TTM): 18.36X Cap: $1.46B
  • View HPS.A Profile
  • View Questions on HPS.A
• Aritzia Inc. Subordinate Voting Shares (ATZ $81.51)
  • $81.51 P/E (TTM): 43.62X Cap: $9.66B
  • View ATZ Profile
  • View Questions on ATZ
  • View Reports on ATZ
• Crocs Inc. (CROX $85.00)
  • $85.00 P/E (TTM): 22.46X Cap: $4.56B
  • View CROX Profile
  • View Questions on CROX
• Interactive Brokers Group Inc. (IBKR $68.78)
  • $68.78 P/E (TTM): 36.04X Cap: $116.96B
  • View IBKR Profile
  • View Questions on IBKR
• Celsius Holdings Inc. (CELH $57.50)
  • $57.50 P/E (TTM): 172.42X Cap: $14.82B
  • View CELH Profile
  • View Questions on CELH
• Nuvei Corporation Subordinate Voting Shares (NVEI $47.61)
  • $47.61 Cap: $6.75B
  • View NVEI Profile
  • View Questions on NVEI
• Topicus.com Inc. (TOI $152.78)
  • $152.78 P/E (TTM): 68.6X Cap: $12.46B
  • View TOI Profile
  • View Questions on TOI
  • View Reports on TOI
• Nuvei Corporation (NVEI)
  • Cap: $4.81B
  • View NVEI Profile
  • View Questions on NVEI

Q: My wife owns the stocks above. She is looking to add 1 to 2 more stocks in the new year. Can you recommend a couple us and Canadian?

Upvote 24

Read Answer Asked by sean on January 02, 2024

• Topicus.com Inc. (TOI $152.78)
  • $152.78 P/E (TTM): 68.6X Cap: $12.46B
  • View TOI Profile
  • View Questions on TOI
  • View Reports on TOI
• Lumine Group Inc. (LMN $42.05)
  • $42.05 P/E (TTM): 151.79X Cap: $10.53B
  • View LMN Profile
  • View Questions on LMN
  • View Reports on LMN

Q: Hello Peter,
I recently asked about Topicus and whether i should sell and move onto Lumine Group. You had indicated, given Topicus's valuation, there is no need to sell and move onto Lumine group as the valuation seems to be inline .. I do not want to take a loss but it seems that Lumine group is getting alot of attention. What do you feel is a good entry point for Lumine group as it looks like Topicus maybe just a slow steady stock.. Much appreciated.

Upvote 13

Read Answer Asked by umedali on January 02, 2024

• iShares Russell 2000 Growth ETF (IWO $320.05)
  • $320.05 P/E (TTM): 21.85X Cap: $12.91B
  • View IWO Profile
  • View Questions on IWO
• iShares U.S. Small Cap Index ETF (CAD-Hedged) (XSU $46.36)
  • $46.36 P/E (TTM): 16.97X Cap: $649M
  • View XSU Profile
  • View Questions on XSU
• iShares Core S&P Small-Cap ETF (IJR $119.18)
  • $119.18 P/E (TTM): 17.41X Cap: $85.86B
  • View IJR Profile
  • View Questions on IJR
• iShares S&P U.S. Small-Cap Index ETF (XSMC $33.36)
  • $33.36 P/E (TTM): 17.41X Cap: $73M
  • View XSMC Profile
  • View Questions on XSMC
• iShares S&P U.S. Small-Cap Index ETF (CAD-Hedged) (XSMH $29.16)
  • $29.16 P/E (TTM): 17.41X Cap: $65M
  • View XSMH Profile
  • View Questions on XSMH

Q: Is there an Canadian ETF that is like IWO and IJR?

Thanks

Upvote 5

Read Answer Asked on January 02, 2024

• iShares Russell 2000 Growth ETF (IWO $320.05)
  • $320.05 P/E (TTM): 21.85X Cap: $12.91B
  • View IWO Profile
  • View Questions on IWO
• iShares S&P/TSX SmallCap Index ETF (XCS $28.26)
  • $28.26 P/E (TTM): 1.2X Cap: $206M
  • View XCS Profile
  • View Questions on XCS
• iShares Russell 2000 ETF (IWM $242.49)
  • $242.49 P/E (TTM): 16.66X Cap: $71.48B
  • View IWM Profile
  • View Questions on IWM

Q: Happy New Year everyone!

Can you please update us on your outlook for US Small Caps in 2024? Is it better to invest in US or Canada? A few selected stocks or ETF? If ETF what’s best for top return?

Sorry for all the questions please take as many credits as necessary.

Thanks happy investing!

Upvote 9

Read Answer Asked by Robert on January 01, 2024

• CME Group Inc. (CME $265.84)
  • $265.84 P/E (TTM): 26.35X Cap: $97.37B
  • View CME Profile
  • View Questions on CME
• BlackRock Inc. (BLK $1,141.07)
  • $1,141.07 P/E (TTM): 28.42X Cap: $180.53B
  • View BLK Profile
  • View Questions on BLK
• goeasy Ltd. (GSY $168.43)
  • $168.43 P/E (TTM): 10.39X Cap: $2.78B
  • View GSY Profile
  • View Questions on GSY
  • View Reports on GSY
• KKR & Co. Inc. (KKR $127.47)
  • $127.47 P/E (TTM): 64.04X Cap: $115.77B
  • View KKR Profile
  • View Questions on KKR
• Arthur J. Gallagher & Co. (AJG $305.84)
  • $305.84 P/E (TTM): 46.25X Cap: $79.41B
  • View AJG Profile
  • View Questions on AJG
• Galaxy Digital Inc. Class A common stock (GLXY $49.93)
  • $49.93 Cap: $17.71B
  • View GLXY Profile
  • View Questions on GLXY
  • View Reports on GLXY
• Interactive Brokers Group Inc. (IBKR $68.78)
  • $68.78 P/E (TTM): 36.04X Cap: $116.96B
  • View IBKR Profile
  • View Questions on IBKR
• Brookfield Corporation Class A Limited Voting Shares (BN $94.67)
  • $94.67 P/E (TTM): 161.86X Cap: $142.83B
  • View BN Profile
  • View Questions on BN
• Fiserv Inc. (FI $126.09)
  • $126.09 P/E (TTM): 21.81X Cap: $70.08B
  • View FI Profile
  • View Questions on FI

Q: I have partial psitions in these Financial stocks. Would you add to the Financial sector at this stage? I have full positions in large Canadian banks. Which from my list or any others that you like would you be comfortable adding to full positions. Please rank those that you would be comfortable adding to full positiond today and target buy prices for any others that you still like.
Happy New Year and thanks.
.

Upvote 6

Read Answer Asked by sam on January 01, 2024

• Dollar General Corporation (DG $99.68)
  • $99.68 P/E (TTM): 19.06X Cap: $22.74B
  • View DG Profile
  • View Questions on DG
• Loews Corporation (L $100.15)
  • $100.15 P/E (TTM): 15.82X Cap: $20.82B
  • View L Profile
  • View Questions on L
• Walmart Inc. (WMT $101.96)
  • $101.96 P/E (TTM): 38.75X Cap: $821.68B
  • View WMT Profile
  • View Questions on WMT
• Metro Inc. (MRU $93.28)
  • $93.28 P/E (TTM): 20.21X Cap: $20.33B
  • View MRU Profile
  • View Questions on MRU
• Empire Company Limited Non-Voting Class A Shares (EMP.A $49.17)
  • $49.17 P/E (TTM): 16.92X Cap: $11.56B
  • View EMP.A Profile
  • View Questions on EMP.A

Q: I hope you all had a great holiday. This is for when you get a chance.
I am planning trigger a loss by selling DG to help offset all the capital gains that I will have in 2024. Wanting to replace it with WMT, Cost, L, MRU or EMP.A. Looking for net return. Your thoughts please.
Happy New Year.
Ian

Upvote 1

Read Answer Asked by Ian on January 01, 2024

• Amazon.com Inc. (AMZN $220.63)
  • $220.63 P/E (TTM): 33.87X Cap: $2.34T
  • View AMZN Profile
  • View Questions on AMZN
• Illumina Inc. (ILMN $102.26)
  • $102.26 P/E (TTM): 11.81X Cap: $14.59B
  • View ILMN Profile
  • View Questions on ILMN
• Sea Limited American Depositary Shares each representing one Class A (SE $182.01)
  • $182.01 P/E (TTM): 245.2X Cap: $105.81B
  • View SE Profile
  • View Questions on SE
• TELUS Corporation (T $22.06)
  • $22.06 P/E (TTM): 34.25X Cap: $33.64B
  • View T Profile
  • View Questions on T
• Brookfield Renewable Partners L.P. (BEP.UN $37.21)
  • $37.21 Cap: $23.59B
  • View BEP.UN Profile
  • View Questions on BEP.UN
  • View Reports on BEP.UN
• Enghouse Systems Limited (ENGH $20.96)
  • $20.96 P/E (TTM): 15.29X Cap: $1.15B
  • View ENGH Profile
  • View Questions on ENGH
  • View Reports on ENGH
• Tricon Residential Inc. (TCN $15.34)
  • $15.34 P/E (TTM): 28.0X Cap: $4.50B
  • View TCN Profile
  • View Questions on TCN
  • View Reports on TCN
• Aritzia Inc. Subordinate Voting Shares (ATZ $81.51)
  • $81.51 P/E (TTM): 43.62X Cap: $9.66B
  • View ATZ Profile
  • View Questions on ATZ
  • View Reports on ATZ
• The Trade Desk Inc. (TTD $49.32)
  • $49.32 P/E (TTM): 59.81X Cap: $23.96B
  • View TTD Profile
  • View Questions on TTD
• Roku Inc. (ROKU $103.57)
  • $103.57 Cap: $14.75B
  • View ROKU Profile
  • View Questions on ROKU
• WELL Health Technologies Corp. (WELL $5.32)
  • $5.32 Cap: $1.30B
  • View WELL Profile
  • View Questions on WELL
  • View Reports on WELL
• Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD $16.30)
  • $16.30 Cap: $2.21B
  • View LSPD Profile
  • View Questions on LSPD
  • View Reports on LSPD
• Pinterest Inc. Class A (PINS $31.85)
  • $31.85 P/E (TTM): 11.9X Cap: $21.87B
  • View PINS Profile
  • View Questions on PINS
• Zoom Communications Inc. (ZM $81.28)
  • $81.28 P/E (TTM): 22.06X Cap: $24.69B
  • View ZM Profile
  • View Questions on ZM
• Airbnb Inc. (ABNB $122.32)
  • $122.32 P/E (TTM): 29.91X Cap: $75.45B
  • View ABNB Profile
  • View Questions on ABNB
• Nuvei Corporation (NVEI)
  • Cap: $4.81B
  • View NVEI Profile
  • View Questions on NVEI
• Catalyst Pharmaceuticals Inc. (CPRX $20.91)
  • $20.91 P/E (TTM): 11.85X Cap: $2.41B
  • View CPRX Profile
  • View Questions on CPRX

Q: I am currently in the negative on T, AMZN, TTD, TCN, NVEI, CPRX, ATZ, ENGH, LSPD, ABNB, WELL, BEP.UN, ROKU, ILMN, SE, PINS, and ZM. I have a 10+ year outlook, however would like to know based on the company and growth potential, what would you Sell or Hold? And if a Hold, please advise your perspective. Thanks!!

Upvote 10

Read Answer Asked by Andrew on January 01, 2024

• Shopify Inc. Class A Subordinate Voting Shares (SHOP $208.62)
  • $208.62 P/E (TTM): 84.24X Cap: $268.65B
  • View SHOP Profile
  • View Questions on SHOP
  • View Reports on SHOP
• Galaxy Digital Inc. Class A common stock (GLXY $49.93)
  • $49.93 Cap: $17.71B
  • View GLXY Profile
  • View Questions on GLXY
  • View Reports on GLXY

Q: Trying to decide which of the two would have better long term upside. If one could only chose one of these for a 10 year hold, what would it be and why?

Upvote 15

Read Answer Asked by Chris on December 29, 2023

• Purpose High Interest Savings Fund (PSA $50.02)
  • $50.02 Cap: $3.22B
  • View PSA Profile
  • View Questions on PSA
• High Interest Savings Account ETF (HISA)
  • View HISA Profile
  • View Questions on HISA

Q: Morning 5i;
If you have for an example $50K in a PSA or HISA account and you have that same amount on the 30th of the month ie x-dividend date you will get the full amount of the interest payment the next month a few days later . My question is if you had of taken out say $5k after the first two weeks of the month say the 15th , do you receive any interest payment on that $5k for the first 15 days that it was in the account OR do you only receive an interest payment based on whats in the account on the 3oth ?
Thanks
Bill C

Upvote 5

Read Answer Asked by Bill on December 29, 2023

• Enbridge Inc. (ENB $69.16)
  • $69.16 P/E (TTM): 24.33X Cap: $153.12B
  • View ENB Profile
  • View Questions on ENB
  • View Reports on ENB
• TC Energy Corporation (TRP $75.12)
  • $75.12 P/E (TTM): 18.23X Cap: $78.64B
  • View TRP Profile
  • View Questions on TRP

Q: I sold TRP for tax loss selling and used ENB for proxy as you recommended.
I am seeing that TRP is rising much faster than ENB.
Is there any reason for this disproportional rise of TRP vs ENB .
Thank you

Upvote 10

Read Answer Asked by Terry on December 29, 2023

• Agnico Eagle Mines Limited (AEM $237.31)
  • $237.31 P/E (TTM): 34.48X Cap: $117.83B
  • View AEM Profile
  • View Questions on AEM
• B2Gold Corp. (BTO $6.96)
  • $6.96 Cap: $9.10B
  • View BTO Profile
  • View Questions on BTO

Q: Between AEM and BTO which stock would you buy for one year hold?

Upvote 5

Read Answer Asked by JOHN on December 29, 2023

• MEG Energy Corp. (MEG $28.16)
  • $28.16 P/E (TTM): 6.32X Cap: $7.14B
  • View MEG Profile
  • View Questions on MEG
• Yangarra Resources Ltd. (YGR $1.00)
  • $1.00 P/E (TTM): 5.0X Cap: $100M
  • View YGR Profile
  • View Questions on YGR

Q: What energy company would you suggest at today's value- YGR, MEG or another name?

Don

Upvote 8

Read Answer Asked by Don on December 29, 2023

• Restaurant Brands International Inc. (QSR $92.17)
  • $92.17 P/E (TTM): 24.85X Cap: $41.52B
  • View QSR Profile
  • View Questions on QSR
• North West Company Inc. (The) (NWC $47.37)
  • $47.37 P/E (TTM): 17.04X Cap: $2.27B
  • View NWC Profile
  • View Questions on NWC
  • View Reports on NWC
• A&W Revenue Royalties Income Fund (AW.UN $36.93)
  • $36.93 P/E (TTM): 17.7X Cap: $538M
  • View AW.UN Profile
  • View Questions on AW.UN
  • View Reports on AW.UN
• Brookfield Asset Management Ltd. Class A Limited Voting Shares (BAM $77.74)
  • $77.74 P/E (TTM): 39.88X Cap: $129.70B
  • View BAM Profile
  • View Questions on BAM

Q: I am planning towards retirement within 5- 10 years and would like to transition my TFSA from growth oriented to dividend paying stocks to supplement my income upon retirement.

Can you suggest dividend paying stocks with min 3% yield with history of dividend growth. Thank you

Upvote 12

Read Answer Asked by Mario on December 29, 2023

• Block Inc. Class A (SQ)
  • P/E (TTM): 59.56X Cap: $53.89B
  • View SQ Profile
  • View Questions on SQ
• StoneCo Ltd. (STNE $18.19)
  • $18.19 Cap: $5.13B
  • View STNE Profile
  • View Questions on STNE
• PagSeguro Digital Ltd. Class A (PAGS $9.85)
  • $9.85 Cap: $3.41B
  • View PAGS Profile
  • View Questions on PAGS

Q: How would you rank these in terms of their a) upward mobility
B) risk of bankruptcy/price decline
Thanks! Happy New Year
David

Upvote 4

Read Answer Asked by David on December 29, 2023

• Alcoa Corporation (AA $33.85)
  • $33.85 P/E (TTM): 7.96X Cap: $8.51B
  • View AA Profile
  • View Questions on AA
• Rio Tinto Plc (RIO $66.29)
  • $66.29 P/E (TTM): 9.32X Cap: $82.78B
  • View RIO Profile
  • View Questions on RIO
• Valmont Industries Inc. (VMI $390.92)
  • $390.92 P/E (TTM): 35.56X Cap: $7.27B
  • View VMI Profile
  • View Questions on VMI
• Reliance Inc. (RS $283.16)
  • $283.16 P/E (TTM): 20.07X Cap: $14.76B
  • View RS Profile
  • View Questions on RS

Q: Peter; I’ve gone over your previous answers on AA and obviously it’s not your fav- but I’m just looking at the 5 year chart and see it maybe bottomed- 5 year high up in the $90’s - won’t it participate with a declining USD ? Your thoughts please. Just a small flyer .

Thanks.
Rod

Upvote 2

Read Answer Asked by Rodney on December 29, 2023

• North American Construction Group Ltd. (NOA $20.34)
  • $20.34 P/E (TTM): 16.94X Cap: $596M
  • View NOA Profile
  • View Questions on NOA

Q: Can you provide an updated outlook for this name.Also do you know the percentage os shares held by insiders.What do you think of its current valuation?

Upvote 1

Read Answer Asked by Kim on December 29, 2023

• Yangarra Resources Ltd. (YGR $1.00)
  • $1.00 P/E (TTM): 5.0X Cap: $100M
  • View YGR Profile
  • View Questions on YGR
• Saturn Oil & Gas Inc. (SOIL $2.76)
  • $2.76 P/E (TTM): 2.12X Cap: $538M
  • View SOIL Profile
  • View Questions on SOIL
• TELUS International (Cda) Inc. Subordinate Voting Shares (TIXT $6.19)
  • $6.19 Cap: $1.72B
  • View TIXT Profile
  • View Questions on TIXT
  • View Reports on TIXT
• Quipt Home Medical Corp. (QIPT $3.70)
  • $3.70 Cap: $157M
  • View QIPT Profile
  • View Questions on QIPT

Q: What are pros/cons of each of these, any multi-bagger here? Please take as many credits as necessary. I plan to make a purchase or two soon.

Upvote 2

Read Answer Asked by Chris on December 29, 2023

• Philip Morris International Inc (PM $160.86)
  • $160.86 P/E (TTM): 30.93X Cap: $252.47B
  • View PM Profile
  • View Questions on PM
• TMX Group Limited (X $53.07)
  • $53.07 P/E (TTM): 34.53X Cap: $14.80B
  • View X Profile
  • View Questions on X
  • View Reports on X
• Toromont Industries Ltd. (TIH $154.32)
  • $154.32 P/E (TTM): 26.07X Cap: $12.55B
  • View TIH Profile
  • View Questions on TIH
  • View Reports on TIH
• Thomson Reuters Corporation (TRI $212.78)
  • $212.78 P/E (TTM): 43.55X Cap: $97.39B
  • View TRI Profile
  • View Questions on TRI
• Brookfield Asset Management Inc Class A Limited (BAM $55.76)
  • $55.76 P/E (TTM): 39.88X Cap: $93.23B
  • View BAM Profile
  • View Questions on BAM

Q: HI 5i
For my RRSP which two would you pick today, I own BN. would you buy BAM ?

thank you
Happy new years!

Upvote 10

Read Answer Asked by Fernando on December 29, 2023

• Bank of Montreal ZC SP ETN REDEEM 08/01/2038 USD 50 (FNGS $69.71)
  • $69.71 Cap: $523M
  • View FNGS Profile
  • View Questions on FNGS

Q: Please help me understand what are Exchange Traded Notes? Is it OK to invest in this ETN for 3 to 5 years?

Thanks,

Upvote 6

Read Answer Asked by vipin on December 29, 2023

• Taiwan Semiconductor Manufacturing Company Ltd. (TSM $288.47)
  • $288.47 P/E (TTM): 37.09X Cap: $1.44T
  • View TSM Profile
  • View Questions on TSM
• VanEck Vectors Semiconductor ETF (SMH $333.69)
  • $333.69 P/E (TTM): 34.65X Cap: $31.14B
  • View SMH Profile
  • View Questions on SMH

Q: Is it true that all semis essentially come from Taiwan (almost as dumb as nearly all North American oil refinery is done in Texas))?

If so, what will happen to SMH ETF after China takes over Taiwan?

Seasons Greetings and thanks for this super duper service.

Upvote 1

Read Answer Asked by Danny-boy on December 29, 2023