Investment Q&A

Q: Accidentally I fell on an Aritzia store on Sunday in a shopping center. I was surprised at how few customers shopped in the store compare to others. The mall was packed. I found only few interesting choices and little inventory. I already have a half position in ATZ but I am now hesitant to take a full position. I would like to know the reasoning behind your strong recommendation. Thanks to your advice, my portfolio has never performed so well in 30 years.

Yves

Q: Hi, what do you think of the digital games portfolio of spinmasters ? Do you think that this part of the company will produce major growth in the future ? I read in their 2021 playbook that: The Company’s digital games business saw considerable growth and popularity in 2020, largely due to the growth of the Toca Life World franchise. As of March 2021, the Toca Boca ecosystem had over
50 million monthly active users, more than double the same period last year. The Toca Boca studio will continue to pioneer digital play with the introduction of its first multiplayer game, Toca Days, set to go live at the end of 2021.

The Toca life world and toca hair salon are presently ranked 4 and 5 in the apple education app store.

Thanks

Q: Hi,

Could I have your top two picks for Materials please?

Thanks,

Q: What are your thoughts on park lawn recent earnings and future direction

Thks
Marcel

Q: hello 5i:
We recently sold U: 50% gain and a bit too high valuation for us. To quote Peter: we would reduce very expensive growth stock exposure. Current tech holdings are CSU, PANW, AVGO, OTEX, TOI and DND; the latter 2 being about 1% positions. We would like to replace U with something "less" exciting and are considering TCS, APPS and QCOM as you seem to favour these stocks (like others, I read the questions/answers daily). TCS is very appealing as it looks to have a moat within the health care sector, but we also own VEEV and WELL. Is there too much overlap here? APPS is a volatile trader and not really in our wheelhouse, but is of interest. Can you make a suggestion as to how you'd replace U?
thanks
Paul L

Q: This Nationwide Risk-Managed Income ETF (NUSI) is kind of like a QQQ with downside protection and income from options. Do you think I can use it to protect my investment while the market is in volatility? Or at least I can use it to park some cash while waiting for marketing pullback? Thanks for your excellent service!

Q: Can you comment on their recent earnings and conference call? Looks like the right space to be in and trading below “fair value”. What would you consider fair value? How does the recent news affect your last comments concerning at least on the “Cons” side of the coin where you said “ On the negative side: the stock is one-fifth the level it was in 2011. Revenue is about 20% of 2013's levels. But, it has kept the share count very low, and the stock is on fire. ” If this had a higher market cap would it be one that would be on your screens as something to own. I’ve made good profits so far so wondering if I should hold or sell on the recent good news.

Q: Can you please provide your opinion of Galaxy Digital?

Q: Could you compare SOFI to the business model, target market and customers of GSY. Are they in the same space, compeditours? Differences vs similarities?

Q: How is the estimate for the upcoming quarter? Also what do you still think about this company?

Q: So, it looks like the US has expanded their money supply (M2) by 40% over the last 18 months. That's 40% of all money "printed" since 19681 Firstly, that seems like a terrifyingly huge expansion and I'm hoping I've got it all wrong, but if that is the case, it would seem the amount of money floating around the system needs to eventually find a home which would likely lead to a significant bull market for quite some time.

How would you interpret the mid and long term effects on the stock market as a result of the most significant monetary expansion in the history of the US? Have we seen the bulk of the effect already baked into the market?

Q: Hello Peter,

It’s that time of the year where I contemplate moving a stock from my cash account to my TFSA. Which of the three above would you move into a TFSA? Or would you move cash into the TFSA?

Q: I am looking at my losers. Please list in order of preference which ones you would average down on. I know that's a bad word but we could call it greatest contrarian opportunity. Obviously risk is not a great concern but not to be completely ignored. Thanks as always

Q: I recently bought back into SYZ after the SP decline, some recent acquisitions, and insider buying. My question is with respect to what you think the payout ratio might be going forward on a normalized basis (removing one time items etc). I’m curious if the company will be able to maintain its high dividend yield that is uncommon for growth tech stocks. Do you think they can long term or have the acquisitions / growth investments made this dividend suspect? Thanks

Q: I opened an RESP account for my newborn son this year, my goal is to have ~10% annual return and not have to actively manage and rebalance the portfolio. So I plan to just buy and hold VEQT with available funds for the next 10-15 years, then slowly transition to a more balanced VBAL as it gets closer to withdrawal. What are your thoughts on this strategy, and would you recommend another ETF/stocks as a better alternative for the purpose? Thanks!

Q: Your thoughts on recent earnings, please. Was the production down time a one-time issue and the main factor in the disappointing earnings?

Q: Although it is a US equity, it is mentioned here often enough that perhaps you will answer a question about it. APPS has received many favourable comments from 5I; can you explain why you like it? It recently has a noticeable reduction in share price.....is this a buying opportunity or a change in momentum? In a growth oriented TFSA, I am thinking of trimming some NVDA, CRWD, and AMZN to create some funds to purchase a small position in APPS. Those 3 have grown but are not (yet) too high of a weight , this would be to try to boost results. Is it a move you would make, or would you just stay the course? Many thanks for your excellent service.

Q: I am interested in Sofi Technology which is in the fintech space. It is a new IPO. Would it make a good investment?
Thanks

Q: May you provide an update on this security?
I am down 40%, would you be inclined to hold or crystallize a loss?
Thank you

Q: Can you give me your comments on Wellington Altis? They seem to have grown quite quickly.