Investment Q&A

Q: Intact has been losing ground since the end of July and I can't find any news that might suggest a weakening of fundamentals. Any reason that you may be aware of?

Thnx,

GM

Q: Any comments on ATD for future potential?
Are staples reasonably priced right now?

Q: I would be very interested in 5i’s take on this NYT article. I try to stay away from the fear mongering, be wise and buy/hold good companies. I trust 5i after being a member from the beginning, and always come back here for an opinion, because there are too many opinions out there, and a person has to land somewhere or it’s too hard to navigate. I think we can all agree there is a correction coming sometime, and likely it’s necessary, but a 1929 type event? Please offer your ideas. Thanks! https://www.nytimes.com/2025/10/13/magazine/investing-private-equity-crypto-crash-1929.html?smid=nytcore-ios-share&referringSource=articleShare

Q: I am somewhat overweight in gold and thinking of starting a rotation away as buyers keep flooding in. Gradual rotation since longterm support for gold still looks good. Which of the above would start with (assuming half positions are kept for now)?

Q: I want to raise some cash and these 4 stocks have grown to be the largest % of my CAD cash account. I want to sell a portion of one. Which do you think has the least growth moving forward?

Thanks,
Andrea

Q: Hi 5i
Current holder of TMQ for about 1 year and see its up about 45% this morning . What the heck is going on? Would you continue you to hold at these levels ? Does its future look brighter today or is this unbridled speculation?
thx

Q: Is Transalta an AI trade now? The stock has doubled in 6 months and seems to be on the radar for power for AI. Thx

Q: Two part question:

What are the major differences between these two covered call utilities etf's? Wondering why/how UMAX has ~2X dividend yield?

Would it be possible to suggest equivalent covered call etf(s) for US market?

Thank you.

Q: I have a 16% position in the GRNY etf which I recognize as higher risk however it does hold 30 plus equities with a tech tilt but with a level of diversity so that my view is I hold approximately one-half of 1% of each equity. Am considering adding perhaps a 2% holding of Gene Munster's LOUP etf which doesn't show up in your system but has been around for 7 years. Could you provide your opinion of LOUP as a 3 year hold with regard to its approach to equity selection, the current holdings, its performance, its level of risk, and whether you would buy it as a worthwhile high growth potential etf. Do you like it?

Q: Hi,

Do you see these sectors (nuclear, quantum, and bitcoin/compute mining) in a bubble? Every few days I see some names in these areas up over 15-20% and many have more than 3-4X. I know they are more on the aggressive risk spectrum, would you be chasing any of these? If you had to pick a few that are worth investing in currently or on pullbacks, which ones would they be? Or are they more speculative trading stocks vs real long term profitable names? Thanks and Happy Thanksgiving!

Q: Hi Team,
If the AI bubble bursts, what stocks do you think could still hold up? Could I get three ideas, please?
Friday’s market was rough — even the non-AI names took a hit.
Thanks!

Q: I have a smallish position in GSY which I should probably either Add to or Sell after one or more quarters. The recent Reports on GSY and PRL got me looking at longer term performance of both companies. The Report states that GSY has grown EPS at > 28% per year for a decade. However, most of that earnings growth occurred 5+ years ago. Annual EPS since 2021 is only up approx 15% - not per year but in total over 4 years. Over the same period revenue has doubled. Can you comment on why EPS growth has lagged revenue growth over the mid-term, and if/when those issues might be behind them?

GSY being much larger than PRL may be a factor. GSY has issued new equity over the period but the amount does not seem to be significant. PRL over the same 4yr period has tripled revenue, with EPS up almost 7x.

Q: I am looking at the growth of EPS at Amazon since the beginning of 2020. It has grown tremendously, especially since it bottomed in Q4 2022 but the stock price does not appear to followed suit. Amazon is trading at a much lower P/E than in the past and the stock price is slightly down YTD, with the S&P up in the low double digits YTD (alongside most other Mag7 stocks (aside from Apple) being up in the high signal or double digits YTD). Any reason why Amazon is trailing the other Mag7? Is this a good time to buy Amazon? Their R&D investments are mind boggling. I have to believe that the stock price will eventually turn around? Would you be a buyer? Thoughts? (Putting aside the AWS disappointment last quarter, is it also possible that Amazon is being repriced so that its P/E and forward P/E better align with some of the other Mag7 stocks.)

Q: May i have a deep review of the this stock going forward please. Stock has dropped a lot lately and some are saying their debt may cause further downside. Cheers

Q: I know you don't like selling winners, but I am concerned about a bust following the AI boom which would devastate technology stocks (and the whole market). Nevertheless, I am thinking of selling some winners in my RRIF, AVGO and QCOM, to invest in BND, which would bring my bond allocation up to 10% weight. I have been retired for 15 years and live on the dividends from my portfolio. The growth in dividends has more than offset inflation and my portfolio income is more than enough for my lifestyle, so I have never seen the need for a higher bond weighting until now. Would this be a good move? Or do you think I being too fearful and should stay the course with my technology investments (currently 27% of my portfolio)?

Q: Looking over the past queries on NRGI, and your last real opinion on this one is a year old, and the fund is trading slightly below that level still. According to Investorline, the MER is 3.4%. Is that accurate? With oil having slumped, now under $59, does the covered call strategy still work with this fund? Even with a flat-lined unit price, 7.33% is still enticing, for what I imagine to be a tax efficient pay-out for a non-reg account.

Similar to Stephen, who has been the source of many of the questions on NRGI, I too am retired, and living off the portfolio, wanting to mix income with 'some' growth, though income is the focus in this case.

Q: Assuming APM price stay at $ 8.2 & ARIS at $ 15.5 ,which one is a better buy ? Thanks a lot.

Q: Of the 27 positions in this portfolio which 6 would you buy now and at what prices?

Q: Long time holder of BCE. What are your thoughts on the BCE announcement of their updated 3 year plan? At the time of writing this ?, BCE Monday morning is down 3.7%. RBCDI's reaction is "incrementally positive". Your thoughts?
Thanks....Steve

Q: Hi Peter, Yet another question on reporting US threshold limit (Form T1135). Does it apply to RRSP & LIRA accounts as well?If so, do I combine the exposure of both accounts or treat them as individual accounts. Also, does it apply to Bonds and ETF’s as well.
Thanks for the superior service. Much appreciated.Ivan