Investment Q&A

• Amazon.com Inc. (AMZN $228.84)
  • $228.84 P/E (TTM): 33.83X Cap: $2.44T
  • View AMZN Profile
  • View Questions on AMZN
• Alphabet Inc. (GOOG $206.72)
  • $206.72 P/E (TTM): 21.34X Cap: $2.50T
  • View GOOG Profile
  • View Questions on GOOG
• Intuitive Surgical Inc. (ISRG $476.16)
  • $476.16 P/E (TTM): 65.44X Cap: $170.69B
  • View ISRG Profile
  • View Questions on ISRG
• Booking Holdings Inc. (BKNG $5,720.87)
  • $5,720.87 P/E (TTM): 39.81X Cap: $185.41B
  • View BKNG Profile
  • View Questions on BKNG
• Constellation Software Inc. (CSU $4,549.91)
  • $4,549.91 P/E (TTM): 110.08X Cap: $96.41B
  • View CSU Profile
  • View Questions on CSU
  • View Reports on CSU
• WSP Global Inc. (WSP $285.87)
  • $285.87 P/E (TTM): 46.0X Cap: $37.31B
  • View WSP Profile
  • View Questions on WSP
  • View Reports on WSP
• FirstService Corporation (FSV $276.50)
  • $276.50 P/E (TTM): 63.91X Cap: $12.59B
  • View FSV Profile
  • View Questions on FSV
  • View Reports on FSV
• Thomson Reuters Corporation (TRI $246.86)
  • $246.86 P/E (TTM): 49.24X Cap: $111.25B
  • View TRI Profile
  • View Questions on TRI
• Berkshire Hathaway Inc. (BRK.B $489.00)
  • $489.00 P/E (TTM): 16.75X Cap: $1.05T
  • View BRK.B Profile
  • View Questions on BRK.B
• Trane Technologies plc (TT $424.11)
  • $424.11 P/E (TTM): 33.51X Cap: $94.37B
  • View TT Profile
  • View Questions on TT
• Brookfield Corporation Class A Limited Voting Shares (BN $91.16)
  • $91.16 P/E (TTM): 150.4X Cap: $136.36B
  • View BN Profile
  • View Questions on BN

Q: Have some cash to deploy and redeploy. What would be your 10 absolute top conviction picks for long term capital appreciation? Thanks!

Upvote 47

Read Answer Asked by Dale on March 18, 2025

• Quarterhill Inc. (QTRH $1.13)
  • $1.13 Cap: $132M
  • View QTRH Profile
  • View Questions on QTRH
  • View Reports on QTRH

Q: Peter and His Wonder Team
They just reported quarterly results with positive comments as they transition. Please give me your assessment of this company going forward. Do you think they are gaining traction...it looks cheap...a buy, hold or sell? Thanks as always!

Upvote 2

Read Answer Asked by Ernest on March 18, 2025

Q: Hello
Can we get your advice on Canadian companies that have the least exposure to a tariff war
It would help us having to re balance
Ie should we reduce stocks in the financial sector
Thanks

Upvote 7

Read Answer Asked by Tim on March 18, 2025

• Knight Therapeutics Inc. (GUD $6.45)
  • $6.45 Cap: $642M
  • View GUD Profile
  • View Questions on GUD
  • View Reports on GUD

Q: Hello,
With the recent acquisition of Paladin (after a long wait for Knight to make a larger purchase) , do you see future growth for Knight and would this be a stock for accumulating at 5 percent position? Much appreciate it.

Upvote 3

Read Answer Asked by umedali on March 18, 2025

• Hammond Power Solutions Inc. Class A Subordinate Voting Shares (HPS.A $119.88)
  • $119.88 P/E (TTM): 17.56X Cap: $1.42B
  • View HPS.A Profile
  • View Questions on HPS.A

Q: Is there a material reason for the drop in share price or is it just market sentiment brought on by the question of tariffs ? Thanks

Upvote 4

Read Answer Asked by Steven on March 18, 2025

• iShares Core Canadian Short Term Bond Index ETF (XSB $26.96)
  • $26.96 Cap: $3.03B
  • View XSB Profile
  • View Questions on XSB
• iShares Core Canadian Universe Bond Index ETF (XBB $28.01)
  • $28.01 Cap: $8.16B
  • View XBB Profile
  • View Questions on XBB
• iShares Core Canadian Long Term Bond Index ETF (XLB $18.41)
  • $18.41 Cap: $819M
  • View XLB Profile
  • View Questions on XLB
• iShares U.S. High Yield Bond Index ETF (CAD-Hedged) (XHY $16.80)
  • $16.80 Cap: $829M
  • View XHY Profile
  • View Questions on XHY

Q: For long term investment what would be a neutral proportion of bonds in terms of distribution among these 4 or are there better options? Currently sitting on 17% cash which I intend to redeploy in stocks when we have better clarity, 36% XBB, 26% XLB, 12% XHY and 9$ XSB for 100% of my bond/cash portfolio.
Thank you.
Yves

Upvote 5

Read Answer Asked by Yves on March 18, 2025

• CGI Inc. Class A Subordinate Voting Shares (GIB.A $134.08)
  • $134.08 P/E (TTM): 17.41X Cap: $30.08B
  • View GIB.A Profile
  • View Questions on GIB.A
  • View Reports on GIB.A
• Constellation Software Inc. (CSU $4,549.91)
  • $4,549.91 P/E (TTM): 110.08X Cap: $96.41B
  • View CSU Profile
  • View Questions on CSU
  • View Reports on CSU
• Topicus.com Inc. (TOI $175.88)
  • $175.88 P/E (TTM): 79.44X Cap: $14.65B
  • View TOI Profile
  • View Questions on TOI
  • View Reports on TOI

Q: For those that have a smaller portfolio and where that translates to even 1 share of CSU making up a huge percentage of the portfolio, what CDN tech stock(s) would you recommend in its place? TOI? GIB? Other?

Upvote 11

Read Answer Asked by Gregory on March 18, 2025

• RTX Corporation (RTX $156.24)
  • $156.24 P/E (TTM): 34.36X Cap: $209.13B
  • View RTX Profile
  • View Questions on RTX

Q: Hi I’ve held RTX for awhile and it’s doing well. I’m thinking of adding in my diversified portfolio. Would you say its a buy right now especially considering its Rolls Royce business which do very well in Europe.?

Ok thanks.

Upvote 6

Read Answer Asked by Robert on March 18, 2025

• Global X Defense Tech ETF (SHLD $61.85)
  • $61.85 P/E (TTM): 78.8X Cap: $3.46B
  • View SHLD Profile
  • View Questions on SHLD
• Select STOXX Europe Aerospace & Defense ETF (EUAD $42.15)
  • $42.15 P/E (TTM): 158.99X Cap: $1.08B
  • View EUAD Profile
  • View Questions on EUAD

Q: I've recently sold partial positions of NA companies and am interested in shifting some funds to the EU, specifically the industrial/defense sector. Would you please comment on the above symbols and any other suggestions. And please...everyone...buy Canadian.

Upvote 2

Read Answer Asked by Rob on March 18, 2025

• Vanguard FTSE Developed Europe All Cap Index ETF (VE $43.08)
  • $43.08 P/E (TTM): 31.06X Cap: $423M
  • View VE Profile
  • View Questions on VE
• iShares MSCI Germany ETF (EWG $42.66)
  • $42.66 P/E (TTM): 68.05X Cap: $2.81B
  • View EWG Profile
  • View Questions on EWG

Q: Peter; Yesterday you mentioned a European ETF( VE) . Can you tell me how much of it is invested in Germany -and is there a German ETF that covers their main big cap companies?
Thanks,
Rod

Upvote 4

Read Answer Asked by Rodney on March 18, 2025

• Invesco CurrencyShares Euro Trust (FXE $108.19)
  • $108.19 Cap: $515M
  • View FXE Profile
  • View Questions on FXE

Q: What do you think about bringing back US dollars to CDN dollars? I would like to diversify the currency portion of my portfolio, is there any other choice ? And for my third question how would I use Norberts Gambit to exchange those US dollars to Canadian dollars ?

Upvote 2

Read Answer Asked by Jean on March 18, 2025

• Tesla Inc. (TSLA $340.01)
  • $340.01 P/E (TTM): 185.03X Cap: $1.09T
  • View TSLA Profile
  • View Questions on TSLA

Q: Hi,

Just curious, KoyFin is showing Tesla sales forecasts growing by 13.2% in 2025, 19.5% in 2026 and 17.24% in 2027. Earnings forecasts are growing by 13.09%, 33.05% and 26.71% respectively.

I would think at least the 2025 numbers are materially wrong at this point.

When does the reality of plunging global sales get reflected in these forecasts?

Thanks very much,
Michael

Upvote 3

Read Answer Asked by Michael on March 18, 2025

• Chartwell Retirement Residences (CSH.UN $18.25)
  • $18.25 P/E (TTM): 83.18X Cap: $5.31B
  • View CSH.UN Profile
  • View Questions on CSH.UN
  • View Reports on CSH.UN
• CT Real Estate Investment Trust (CRT.UN $16.22)
  • $16.22 P/E (TTM): 17.0X Cap: $3.85B
  • View CRT.UN Profile
  • View Questions on CRT.UN

Q: For an in come investor investor your thoughts on a switch from Chartwell to CT Real Estate to get a bump in the yield
. Thank you

Upvote 6

Read Answer Asked by Reg on March 18, 2025

• BCE Inc. (BCE $35.24)
  • $35.24 P/E (TTM): 77.65X Cap: $32.86B
  • View BCE Profile
  • View Questions on BCE
• Brookfield Corporation Class A Limited Voting Shares (BN $91.16)
  • $91.16 P/E (TTM): 150.4X Cap: $136.36B
  • View BN Profile
  • View Questions on BN

Q: I have 3% position in BCE down 30% nonregistered account. I am thinking of selling and buying BN for long term. Can I have your thoughts?

Upvote 7

Read Answer Asked by Robert on March 18, 2025

• iShares China Large-Cap ETF (FXI $39.24)
  • $39.24 P/E (TTM): 23.61X Cap: $6.70B
  • View FXI Profile
  • View Questions on FXI

Q: Hi, I enquired earlier about the double whammy of withholding taxes on some Chinese etf like FXI. Are there any CHINA broad etfs that don't have to pay this double tax?

If not, are there any other options? Are there CDN etfs that dont pay the double tax?

Upvote 4

Read Answer Asked by Graeme on March 17, 2025

• SentinelOne Inc. Class A (S $16.96)
  • $16.96 Cap: $5.63B
  • View S Profile
  • View Questions on S

Q: What are your thoughts on Sentinel One after the earnings. Do you consider as buy now


Thanks for the great service

Upvote 1

Read Answer Asked by Hector on March 17, 2025

Q: A follow up to my recent question on buffer ETFs. You referred me to the CIBC website on CDRs. I am sure this was not your intended answer. Thank you

Upvote 2

Read Answer Asked by Richard on March 17, 2025

Q: How important/accurate is the Atlanta Fed's GDP Now forecast. As you know it has turned negative for the last two readings. What does this suggest for the US economy? Please feel free to wait for the March 17th reading if that might affect your answer. Thank-you.

Upvote 3

Read Answer Asked by Alex on March 17, 2025

• Invesco CurrencyShares Swiss Franc Trust (FXF $110.54)
  • $110.54 Cap: $381M
  • View FXF Profile
  • View Questions on FXF
• Invesco CurrencyShares Euro Trust (FXE $108.19)
  • $108.19 Cap: $515M
  • View FXE Profile
  • View Questions on FXE

Q: I am holding some cash on the sides. I was wondering if there was a way to put some of it into an ETF, perhaps a money market fund that holds foreign (non US) currency. Either a basket of stable currencies or something like the Euro or Swiss Franc. The idea is risk avoidance against a sudden sharp drop in the CDN dollar (and perhaps US$ too) given the current situation. I already hold several ETFs that hold Euro stocks but would like lower risk.

Upvote 1

Read Answer Asked by John on March 17, 2025

• iShares S&P/TSX 60 Index ETF (XIU $42.63)
  • $42.63 P/E (TTM): 14.6X Cap: $17.93B
  • View XIU Profile
  • View Questions on XIU
• Vanguard FTSE Developed All Cap ex North America Index ETF (VIU $41.17)
  • $41.17 P/E (TTM): 0.79X Cap: $6.64B
  • View VIU Profile
  • View Questions on VIU
• Vanguard FTSE Developed Europe All Cap Index ETF (VE $43.08)
  • $43.08 P/E (TTM): 31.06X Cap: $423M
  • View VE Profile
  • View Questions on VE
• Vanguard FTSE Emerging Markets All Cap Index ETF (VEE $43.39)
  • $43.39 P/E (TTM): 0.16X Cap: $2.81B
  • View VEE Profile
  • View Questions on VEE

Q: Could you please tell me your top suggestions for low cost diversified index funds in non US markets?

Upvote 5

Read Answer Asked by Judith on March 17, 2025