Investment Q&A

Q: In January, you compared FFH to BN/BAM, saying, "If rates fall it may be able to make more deals, AND, its assets owned already may increase in value further." Do you still hold to this glass-half-full outlook, or should we be concerned that the (dominant) insurance side of FFH's business will be penalized for a lowered outlook?

Q: Do you have any views on Centrus Energy Corporation (LEU:US)? Its price has risen rapidly with uranium prices this fall but it still seems to be reasonably priced. It appears to be the only company that enrichse uranium in North America and would appear to be a vital part of the nuclear energy future.

Q: When does SHOP next report? What is the consensus? More importantly, what does 5i expect? Can you provide background/explanation on your assessment? Looking forward, what do you see as the biggest potential risks that might hurt SHOP over the next year and what are the biggest catalysts that can elevate SHOP to new highs over this time period?

Q: Royal has significantly outperformed all other major Canadian banks. Is it too late to purchase or will Royal continue outperforming the others?

Q: Hi 5i,
I've searched the miscellaneous question category back to early September and, surprisingly, haven't seen this or a related question:
It appears the chances of a Trump win in 10 days' time are at least 50/50. He has said he will impose 10-20% tariffs on everything the US imports. He has said he will look at the USMCA agreement, which could mean he'll just tear it up. There's no real reason to think he won't do the things he says he's going to do, and he may well do a whole bunch more, economically and trade related, that he hasn't talked about. Whatever actually transpires, his economic policy is likely to be very disruptive, both in the US and abroad. As Canada's largest trading partner (although we mean considerably less to the US, relatively speaking) the impacts could be significant here.
Do you agree the impact on Canada could be significant, what do you think the impact(s) might be and what, if anything, would you recommend a Canadian with a diversified portfolio of Canadian equities do to Trump proof the portfolio and reduce the shock?
Frankly, I'm worried ...
Thanks,
Peter

Q: Everyone, I would like to buy one Canadian ETF and one US ETF for a long term hold, risk medium. TPU and TTP look interesting but this is an area I have very little knowledge on. Clayton

Q: Hello 5I, I am considering selling some of my ZSP(S&P500) ETF holdings, and rake some the profits and buy more Canadian index funds like the BMO ETF ZCN. Many financial experts feel that the SP 500 market is currently unsustainable and over priced.

Your thoughts in this matter would be appreciated.

Q: Going to do a little re-balancing and the result will be the addition of one new { possibly two depending on your answer } stocks to the portfolio ...... Between ISRG, CPH, GLXY, and MDA please rank from first choice to last giving each a numerical score between one and ten with ten being best . This will allow me to evaluate how much you like one better than the other ......Also a short blurb on each explaining why ......Thanks for your terrific service Garth ......

Q: NVDA has 6 of 7 criteria for the definition of a bubble. Is there excessive exuberance in the AI space? More importantly are we in a bubble cause by excess hype and fear of missing out? Is NVDA in a similar situation as CSCO was a number of years ago with all mania surrounding it? Lastly, does NVDA really have an super moat that makes them near invincible, because would that not be the high of hubris…even the formidable Achilles had an exploitable weak spot and I wonder if there is a real danger NVDA & the AI space writ large has one too.

Q: Finally investing into an RESP.
These are some of my choices I have come up with.
Decent plan?

Q: Can you please share your outlook on Trican? $5 seems to be multi-year resistance. Do you feel the long term story is intact?

Q: Quick follow up to my question on max weighting for BTC in a portfolio; what would be the max portfolio weighting that the most aggressive investor amongst the 5i crew would be comfortable with?

Q: Good Morning,

Any idea when South Bow will announce dividend yield?

Stephen

Q: Your thoughts on SMCI and HPS-A after the news and drop today? SMCI seems like they have issues to deal with...would you intiate a new position in either at this point? Thanks in advance.

Q: Dear Peter et al:

Your answer to Jacques' question that included SMCI is rather outdated now, right?! The question probably made its way to yur in box today!
No one expected such a deep drop this morning!

BUT at least one of the BIG heads has paid the price. Not sure if there is some more heads will roll besides the chief accountant.

Is the worst behind SMCI? At 35% growth as your answer indicates, worth nibbling here? Or does your "cockroach theory" still hold?!

Q: Hello 5i Team

I currently own European Residential REIT (ERE-UN), however I wish to sell it before year end with the uncertainty of what will happen after the special distribution and reduction in dividend (i.e. to many moving parts).

I want to replace it with either of the TSX listed US dollar REITS

BSR REIT - HOM-UN
Dream Residential - DRR-UN -UN,
Flagship Communities - MHC-UN

or add to my existing holdings of Inter Rent (IIP-UN)

1 - What would 5i suggest and if the US dollar REIT, please rank in order of preference?

2 - If I go with the TSX USD reits should I buy them in Canadian Dollar or US dollar (as they trade in both currencies on the TSX)? I am thinking I should go with Canadian Dollar as it will make the annual ACB calculations easier (my reits are held in a taxable account).

Thanks

Q: Good morning. I have some sizeable gains in my U. S. unregistered account. Average for the portfolio is 32,5% in 2024 so far. Would you trim some names to sit on the sidelines until the dust from the election settles and hopefully rebuy at a lower price, considering taxes payable as well? Thanks David

Q: Would you hold off investing in the US Market until the results of the election shake out?

Q: Your thoughts on earnings and outlook please. Thank-you.

Q: Crox got crushed. How does it look going forward?