Investment Q&A

Q: Dear 5i,
COWZ is a US listed ETF which attempts to select the highest FCF Yield companies from the Russel 1000 index. The reported ETF Operating Expenses are 0.49% and the latest reported portfolio turnover is over 100%.
It seems that US listed ETF's do not provide TER fees in any of there documentation. I would like to know the impact of excessive trading has on the overall Total Return for an ETF. Am I correct in that US ETF's are not required to disclose TER fees?

Q: Are there any compelling reasons NOT to buy META at these prices (under ~$160 USD) for a long term investor? Very profitable, ~11x PE, ~7x cash flow. It is the same price as 5 years ago but the company has doubled revenues and profits since then. They are spending a lot on metaverse development and AI but Zuckerberg has always sailed the ship in the right direction. Huge user numbers and WhatsApp is barely monetized. It feels like all the bad news is baked into the price today (revenue decline of 1%, Sandberg leaving, metaverse capex). They are also buying back about 1% of the company per quarter at this valuation.

Q: Could you please comment on TCS recent results as well as whether you believe there might be further deterioration in their stock price.
Thank you

Q: Considering the recent announcement regarding the declining ad revenue going forward , how safe is the dividend? Please rate On a scale of 1-10 where 10 is extremely likely to cut the dividend. Is there a turnaround story here at all? How low can it go, what’s the bottom? I’m down around 48% and very disappointed and frustrated with this investment. I’m wondering whether to cut my losses now and take a 50% loss or wait for a possible turnaround or takeover. Many thanks for the amazing service you provide.

Q: I would think that with todays cpi numbers , and expectations of at least a .75 increase in the fed , that tlt would react very negatively. As I type tlt is just down .19%
Why is it not down more

Q: would appreciate your current thoughts on GGD. Gold has been fairly near its current lows but GGd keeps making new lows lately. Their exploration results have beefairly good.How much money do they currently have and what is the outlook going forward. Thanks

Q: I am on the sidelines right now. If the market drops significantly I will buy back in. If it does drop enough for me, which 6 oil and gas stocks would you buy? Majors, micro, US, Canadian. It does not matter to me.

Q: Hello 5i. Can you explain some market psychology. First of all who is buying shares that are being sold in this market downturn. How can the markets get spooked one day and fall 5% and yet climb 2-3% next day. Its been known for a while that the fed will be raising rates to tame inflation and yet the market reacts as if this is a surprise. Very confusing market. What would be a few indicators that we have reached a bottom in this bear market and are back in a bull market?

Q: It's been a while since I have read comments on Cineplex. The analysts I saw believe it is a buy now at $9.43. What are your thoughts.

Thanks
Jim

Q: Retired, dividend-income investor. Not a market timing question...ok maybe it sort of is.

Looking to potentially add to ZRE and just wondering where we are at in the investment cycle and if now is a reasonable time to be adding to ZRE?


Also, is there a seasonality to REITs? When looking at a 10 year chart, it appears to my amateur eyes that the last portion of the year looks to be trending down most of the time? It looks like the January to early fall period is usually positive?

Thanks for your help....Steve

Q: Hi Guys

I have owned Smart Centres for a while and done prety good by it but thinking I might sell that and add to my 1% position in Tricon. Where do you see them in terms of current pricing and future potential? Looking ahead over next 5 years which do you think will be the better position to hold?

Much thanks

Stuart

Q: Morning 5i team, thanks for all the great advice you supply to the members.
I have $50K to invest and would like your advice. This is what I’m currently holding in my non registered account.

Canada
AC, BYD, GSY, LSPD, SHOP, TDB3098, TOI
US
AAPL, SQ, CRWD, CSX, ETSY, MA, MSFT, NVDA, PYPL, UXI, ROBO, U

Considering my high exposure to Tech and your last market update, I might need to consider more consumer cyclical and financial stocks as well as others to balance the portfolio. I’m looking to have a mix of growth and value holdings.

I would appreciate your recommendations on new Canadian or US acquisitions and possible entry points. Can you recommend one of two of the US Tech stocks to sell and replace it with GOOG.

Please take as many credits a you see fit.

Thanks
Joe

Q: It looks like this is close to the time to start buying cyclical stocks. Would you agree? Which cyclical companies do you think have the most potential to become three baggers in the next three years. Not looking for ten baggers! LOL

Q: Hello Peter,
i am starting to realize, buying stocks based on previous success does not always work out as in Knights and Topicus case. However, i was wondering with current environment, is it a good idea to initiate a position in Knight with hope of good returns in future as i see little downside.. Please let me know . i am thinking of selling TOI, for Gud. Thanks

Q: Travelling this summer I have noticed the hotels are full and very expensive.
What companies or ETFs would you reccomend in what has to be a large increase in revenue.
Thanks Terry

Q: I currently own the following banks (weightings): TD (5%), BNS (5%), BMO (2%). I'm assuming that swapping BMO (and its 2% weighting) for GSY would be better diversification, correct ?

Would this move create a big exchange of risk ?

Could GSY survive a prolonged economic downturn - eg. is the housing bubble a risk ?

Is today's valuation already pricing in a potential "tough lending environment" ?

In that scenario, would they have an adequate balance sheet survive ?

Q: What is the best way to gain visibility to the M&A activity of Topicus. Can you provide your perspective and eventual impact on TOI with Signity’s stock price(assuming strong underlying performance). It has doubled since TOI acquired a large ownership stake. Thx.

Q: I am looking to add North West Company to a balanced income portfolio. Would you replace Park Lane or K Bro or neither with NWC?

Q: Comments please on this morning news.
Jerry

Q: Hello 5i,

I have a tax loss to harvest in a non-register account with JPM after ex-div; hard to believe considering rates are rising and JPM is what I thought was the blue chip of blue chips. Financials sure are not well liked in the current environment. What would be a good substitute to buy? WFC or BAC or another US bank you might recommend?