Investment Q&A

Q: hello 5i:
I understand that there is a withholding tax on US dividends within a TFSA. Is the same thing true for interest from a GIC (US GIC denominated in US dollars)?
thanks
Paul L

Upvote 0

Read Answer Asked by Paul on October 06, 2023

• Coca-Cola Company (The) (KO $70.72)
  • $70.72 P/E (TTM): 24.94X Cap: $302.71B
  • View KO Profile
  • View Questions on KO

Q: I hold KO in an RRSP as a defensive stock as well as collecting the $US dividend. The defensive aspect has taken a hit lately, and I am looking at this as a buy opportunity. I would appreciate it if you could provide your assessment as to why the steady decline in share price of late and your thoughts on adding to this stock.

Upvote 0

Read Answer Asked by Dave on October 06, 2023

• H2O Innovation Inc. (HEO $4.25)
  • $4.25 Cap: $382M
  • View HEO Profile
  • View Questions on HEO

Q: Looks like there is an offer on table.Should I se4ll shares and move on

Upvote 0

Read Answer Asked by Don on October 06, 2023

• TELUS International (Cda) Inc. Subordinate Voting Shares (TIXT $5.32)
  • $5.32 Cap: $1.42B
  • View TIXT Profile
  • View Questions on TIXT
  • View Reports on TIXT

Q: I am down considerably with TIXT. Would it be wise to seel for a tax loss at this time or wait and sell later.

Upvote 0

Read Answer Asked by Linda on October 06, 2023

• goeasy Ltd. (GSY $206.78)
  • $206.78 P/E (TTM): 13.19X Cap: $3.30B
  • View GSY Profile
  • View Questions on GSY
  • View Reports on GSY
• TELUS International (Cda) Inc. Subordinate Voting Shares (TIXT $5.32)
  • $5.32 Cap: $1.42B
  • View TIXT Profile
  • View Questions on TIXT
  • View Reports on TIXT

Q: Hi there,

I am still holding these in my TFSA after significant drop in value. Do you recommend holding or exiting these names? Thanks.

Shyam

Upvote 1

Read Answer Asked by Shyam on October 06, 2023

• iShares MSCI Mexico ETF (EWW $61.50)
  • $61.50 P/E (TTM): 6.33X Cap: $1.79B
  • View EWW Profile
  • View Questions on EWW

Q: EWW (Mexico ETF) has been doing well until very recently on the basis that Mexico now comptetes favourably with China on labour costs. Are there any new developments to explain the sudden drop on the valie of this ETF?

Upvote 0

Read Answer Asked by Lakis on October 06, 2023

• Advanced Micro Devices Inc. (AMD $172.05)
  • $172.05 P/E (TTM): 126.1X Cap: $280.36B
  • View AMD Profile
  • View Questions on AMD

Q: Hi 5i
AMD had a large increase in shares trading hands ,29M, and price movement which looks like it started at around 10 am....any news or other catalysts on your radar what might be happening to prompt action....something related to jobs report maybe?

What price point would you consider attractive/possible under current conditions etc

thx

Upvote 0

Read Answer Asked by jim on October 06, 2023

• INVESCO QQQ Trust (QQQ $571.72)
  • $571.72 P/E (TTM): 59.46X Cap: $367.13B
  • View QQQ Profile
  • View Questions on QQQ

Q: There is a ( very) new ETF, coming out from Horizon with ticker QQCL being a covered call Nasdaq 100 with anticipated yield of 14.10 %.
This seems to be attractive for my TFSA for higher growth (with volatility which I can handle), along with a high yield.

I have bought several of these products, HTA, HHL, UMAX for both my registered and non registered accounts. They seem “ too good to be true “ and am wondering if that’s true. I have seen many of these enhanced products ( remember flow through shares ?) and hope these do not repeat.
Your thoughts on QQCL and on these ETF’s in general would be appreciated.
Thanks. Derek

Upvote 0

Read Answer Asked by Derek on October 06, 2023

• Intuit Inc. (INTU $704.03)
  • $704.03 P/E (TTM): 60.89X Cap: $208.93B
  • View INTU Profile
  • View Questions on INTU
• BCE Inc. (BCE $33.60)
  • $33.60 P/E (TTM): 79.79X Cap: $30.89B
  • View BCE Profile
  • View Questions on BCE
• Shopify Inc. Class A Subordinate Voting Shares (SHOP $203.36)
  • $203.36 P/E (TTM): 123.17X Cap: $267.02B
  • View SHOP Profile
  • View Questions on SHOP
  • View Reports on SHOP
• Brookfield Corporation Class A Limited Voting Shares (BN $88.67)
  • $88.67 P/E (TTM): 232.14X Cap: $146.68B
  • View BN Profile
  • View Questions on BN
• Fiserv Inc. (FI $132.22)
  • $132.22 P/E (TTM): 22.28X Cap: $72.42B
  • View FI Profile
  • View Questions on FI

Q: Can you please provide 5 mid or large cap stock picks that have dropped recently due to the market downturn and could possibly recover as the next quarter earnings come out or as the interest rate environment peaks. US and/or Cdn stocks.

Upvote 0

Read Answer Asked by Vineet on October 06, 2023

• Royal Bank of Canada (RY $183.72)
  • $183.72 P/E (TTM): 19.72X Cap: $257.05B
  • View RY Profile
  • View Questions on RY
• Toronto-Dominion Bank (The) (TD $100.65)
  • $100.65 P/E (TTM): 10.31X Cap: $173.55B
  • View TD Profile
  • View Questions on TD
• Bank of Nova Scotia (The) (BNS $77.28)
  • $77.28 P/E (TTM): 16.15X Cap: $95.94B
  • View BNS Profile
  • View Questions on BNS
  • View Reports on BNS
• Bank of Montreal (BMO $155.55)
  • $155.55 P/E (TTM): 13.76X Cap: $112.07B
  • View BMO Profile
  • View Questions on BMO
• Canadian Imperial Bank Of Commerce (CM $100.18)
  • $100.18 P/E (TTM): 12.45X Cap: $93.37B
  • View CM Profile
  • View Questions on CM

Q: Apparently BMO, CIBC and TD currently have negative amortization mortgages approaching 20%. Do you have comparatives for BNS and RY ? Apparently there is one Canadian bank that is very conservative at less than 6%.

Upvote 0

Read Answer Asked by James on October 06, 2023

• iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ $58.33)
  • $58.33 P/E (TTM): 55.32X Cap: $3.83B
  • View XQQ Profile
  • View Questions on XQQ
• Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $52.98)
  • $52.98 P/E (TTM): 9.2X Cap: $4.08B
  • View VDY Profile
  • View Questions on VDY
• Vanguard S&P 500 Index ETF (VFV $155.75)
  • $155.75 P/E (TTM): 59.73X Cap: $24.33B
  • View VFV Profile
  • View Questions on VFV
• SPDR S&P 500 ETF Trust (SPY $634.73)
  • $634.73 P/E (TTM): 57.48X Cap: $663.57B
  • View SPY Profile
  • View Questions on SPY
• INVESCO QQQ Trust (QQQ $571.72)
  • $571.72 P/E (TTM): 59.46X Cap: $367.13B
  • View QQQ Profile
  • View Questions on QQQ
• Vanguard Balanced ETF Portfolio (VBAL $34.97)
  • $34.97 P/E (TTM): 20.32X Cap: $3.73B
  • View VBAL Profile
  • View Questions on VBAL
• Vanguard Growth ETF (VUG $457.13)
  • $457.13 P/E (TTM): 76.92X Cap: $169.85B
  • View VUG Profile
  • View Questions on VUG

Q: I am close to retiring and have all registered accounts maxed out, but have $200K of non-registered funds to invest, and wondering what recommendation would be. I am leaning for simplicity to spread across a few ETFs to get some balance of growth and dividends. Thoughts/recommendations.

Upvote 1

Read Answer Asked by Steven on October 06, 2023

• Canadian Apartment Properties Real Estate Investment Trust (CAR.UN $41.39)
  • $41.39 P/E (TTM): 60.74X Cap: $6.98B
  • View CAR.UN Profile
  • View Questions on CAR.UN

Q: Hello, I have read the Q&A on CAR.UN and it seems to be a favorite REIT of yours, but if you can detail why this is the case, I would really appreciate it. Thanks

Upvote 0

Read Answer Asked by Martin on October 06, 2023

• Hamilton U.S. Bond YIELD MAXIMIZER TM ETF (HBND $13.07)
  • $13.07 Cap: $190M
  • View HBND Profile
  • View Questions on HBND

Q: With U.S. Treasury yields on the rise, is this a good time to buy this U.S Treasury focused ETF? Also, looking forward, and assuming a higher for longer scenario for interest rates, that are at a peak now, and will stay there for a couple of years, what would your outlook be for this ETF? Is the yield sustainable at a targeted 10%, or might it rise in the short term? Thanks. Will

Upvote 0

Read Answer Asked by Will on October 06, 2023

• Costco Wholesale Corporation (COST $988.08)
  • $988.08 P/E (TTM): 57.3X Cap: $435.04B
  • View COST Profile
  • View Questions on COST
• Starbucks Corporation (SBUX $91.68)
  • $91.68 P/E (TTM): 39.71X Cap: $104.71B
  • View SBUX Profile
  • View Questions on SBUX
• Visa Inc. (V $335.65)
  • $335.65 P/E (TTM): 32.89X Cap: $653.33B
  • View V Profile
  • View Questions on V

Q: Hello, can you tell me how close the NEO listed CDRs are tracking the US listed companies? Also, is there a no fee site where I can compare the performance of the CDRs against their US equivalents? I don’t see tHis functionality on 5i and it would be nice to have. Thanks.

Upvote 1

Read Answer Asked by Anthony on October 06, 2023

• Algonquin Power & Utilities Corp. (AQN $7.85)
  • $7.85 Cap: $5.99B
  • View AQN Profile
  • View Questions on AQN

Q: I haven't been following the market too much for several months and was shocked to see that AQN has fallen dramatically (from about $10 to $8 in one month). I don't see much news or questions on AQN. Any insight into why there has been such a dramatic drop?

Upvote 1

Read Answer Asked by Ray on October 06, 2023

• Adobe Inc. (ADBE $333.22)
  • $333.22 P/E (TTM): 21.88X Cap: $144.67B
  • View ADBE Profile
  • View Questions on ADBE
• Energy Transfer LP (ET $17.18)
  • $17.18 P/E (TTM): 13.09X Cap: $59.31B
  • View ET Profile
  • View Questions on ET
• Novo Nordisk A/S (NVO $49.82)
  • $49.82 P/E (TTM): 14.41X Cap: $363.68B
  • View NVO Profile
  • View Questions on NVO
• CrowdStrike Holdings Inc. (CRWD $425.62)
  • $425.62 Cap: $105.80B
  • View CRWD Profile
  • View Questions on CRWD

Q: How would you rank these and why?
thanks!

Upvote 0

Read Answer Asked by Austin on October 06, 2023

• Baytex Energy Corp. (BTE $2.74)
  • $2.74 P/E (TTM): 6.02X Cap: $2.17B
  • View BTE Profile
  • View Questions on BTE

Q: Hi Peter
I added to wcp with the pull back (pays a dividend)

I am thinking of putting in a 1/2 position for BTE
what do you think of the company
and a good entry price? thanks
Michael

Upvote 0

Read Answer Asked by Michael on October 06, 2023

• Lumine Group Inc. (LMN $52.70)
  • $52.70 Cap: $13.31B
  • View LMN Profile
  • View Questions on LMN
  • View Reports on LMN

Q: How does LMN finance acquisitions?

Upvote 0

Read Answer Asked by Peter on October 06, 2023

Q: Are there any top collaborative robots companies in Canada or the USA you would recommend?

What do you think are the top collaborative robots companies in the world right now?

Thank you.

Upvote 0

Read Answer Asked by Ross on October 06, 2023

• Doman Building Materials Group Ltd. (DBM $9.40)
  • $9.40 P/E (TTM): 13.06X Cap: $821M
  • View DBM Profile
  • View Questions on DBM

Q: I'd appreciate an update on your analysis of DBM; previously the high debt load has been ID'd as a concern. If one subscribes to the view that the next year or so will still be weighted down by inflation and interest rate challenges is this a stock to buy now (if at all) or put on the watch list for an upturn?

Upvote 0

Read Answer Asked by Dave on October 06, 2023