Investment Q&A

Q: Can you tell us how much cash per share Fulgent still has, after the acquisition of Fulgent Pharma? This move was obviously not liked by the market. Does its current stock price make it an attractive investment in the medium to long term? Hold, buy or sell?

Q: this is a question about buying us stocks when exchange is high to make sure I understand correctly.

Buy us stock when us exchange is high; example rate of exchange 1.40 means 100 shares @ 10 cost me 1 000 x 1.4 = 1400 $ can
stock price doubles from 10 to 20, means I should have twice as much money BUT if I
Sell when us exchange is low, 1.0 means a 100 shares @ 20 gets me 2000 x 1.0 = 2000 $ can
Price per unit doubled from 10$ to 20$ but actual return to you only went up by 600$ due to exchange rate effect.

so this (presently) would be a poor time to buy us stock due to high exchange rate. CORRECT ?

the corollary to that is: the best time to buy a US stock is when the exchange rate is low or at par with american dollar. CORRECT ??

Since what matters is final amount in my pocket. should I use historical average U.S. exchange rate as a rule of thumb for when exchange is a "good" time to consider american stocks and buy when below ? example historical exchange rate is 1.2 and buy when 1.1

what are historical average U.S. exchange rates over many decades ??

thanks

Ernie

Q: Dear 5i,
If I understand correctly, BEPC-TO and BEP.UN-TO are identical companies.
In a perfect world they should trade at the same price and thus offer the same dividend yield. If this is the case, does it matter which one a person should purchase in their registered accounts like a RRSP? (ie would there be any witholding taxes with either one?)

thanks

Q: Hi 5i,
I’m working through an audit of my technology positions for year end. Would you rate each position as a buy, sell or hold for your own portfolio today?

Thank you!

Q: You had a question recently: Q: Is there a stock in the USA that is the same size as TCN and how has its performance been in the last year?

I suggest AMH on nyse. American Homes for Rent. Performance charts look similar re performance .

Q: Please comments on BB earnings, what would be a great entry price to buy for long term?

Q: Is there a chance that companies like NVEI, APPS, NVDA etc can lose up to 50% of their value with an upcoming recession. Im hoping you will answer unlikely as there is an inflection point where stocks have been beaten up so bad it would start getting ridiculous.

Thanks Steve

Q: The spread in price between BIPC and BIP.UN has continued to widen to over 30% now. Do you think it is likely that Brookfield will convert more BIP.UN shares to BIPC at some point? It seems like this would be in their best interests if there is not tax or other issues preventing it from happening.

Q: At an RSI of 75 do you think EIF is buyable right now? I owned it a decade ago and sold at a down time, but it's hard to argue with a move from $15 to $50 over the last 3.5 years. Plus the div. Thank you.

Q: Hello 5i,
This is pertaining to the question about moving stock In Kind from an RRSP to a TFSA. I have done this numerous times with RBC Direct Investing and I will recount the process as I have experienced it.
1. I will use 20% as the withholding tax amount as an example only. If you wish to transfer $6,500 of equity the tax is calculated as follows: 6,500 / 0.80% = 8,125 * 0.20% = $1,625 Withholding Tax.
2. The withholding tax can be either cash on hand in the account or the broker can be instructed to sell the required additional shares of the equity (or even of some other equity) to cover the cost of the tax.
3. The shares are transferred out to a cash/margin account, they do NOT go directly into the TFSA. They are then subsequently transferred into the TFSA within a day or two at the most - as I recall.
4. Make sure you retain copies of all transactions to capture all relevant data for tax purposes.
This has been my experience and the process has worked smoothly and quickly for me. And, kudos to RBC Direct Investing staff who have worked with me on doing this - they have overwhelmingly been helpful and knowledgeable.
I hope this helps......
Merry Christmas and Happy New Year to all at 5i and in the 5i community!!!
Cheers,
Mike

Q: A perplexing, but good, question. I bought Shawcor back in 2020 at a very low cost ($3.23). Should I "let it run" or sell some. It has become 25% of my TFSA.
Seasons Best Wishes
Gordo

Q: Hi there, just reviewing YTD performance of the growth model portfolio. Net inclusion of cut previous losses(stock) through the year what is the total portfolio ytd performance? How does this year rank against previous years dating back to the inception of the growth portfolio? thx

Q: What are the cash positions of General Motors, Ford and Tesla at the moment?

Q: Retired conservative investor whose only tech holding is HTA ( 5% total portfolio). Looking at either CSU or Shopify as next purchase. Which of these would you prefer to “ dip your toe “ further into the tech sector ? Also, is my weighting of HTA appropriate ? Thanks. Derek.

Q: Tough question for sure, but disregarding other personal factors (eg, diversification etc), if you could buy 3 Cdn stocks and 3 US stocks given YOUR assessment of the investment/economic landscape, what would they be? Let's say the only parameter is performance over the next 12 months.

Q: Can you comment on the long term prospects for this company.
it seems to be in a free fall. Might it be at the point to even buy more?

Q: please give me your view on superior plus acquisition today of Certarus
looks like 50 mln new shares on $1 bln deal, and what would you consider a
good entry point range.
many thanks

Q: I currently own Kelt but wondering if this is a buy or hold as my position is quite small so I was thinking of adding to it to make it the same weight as you have in your growth portfolio ?

Thanks

Q: Good Morning, Wondering if you can please give me your current opinion on Vicor. They do a lot of work for NVIDIA, and I'm thinking they might be a good January bounce candidate.

Thankyou,

Brad

Q: Peter; Just a note re Andrea’s question on in kind transfers. I just requested a in kind transfer from my RRIF to my TFSA. My broker, BMO Investor Line told me it’s not allowed- yet when I did some research it clearly is. I realize you’re not tax experts but I would appreciate your take- plus maybe ask others if they have been refused also? Thanks
Rod