Investment Q&A

• Propel Holdings Inc. (PRL $32.58)
  • $32.58 P/E (TTM): 15.77X Cap: $1.26B
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Q: Hi 5i, Propel Holdings just reported, and would welcome your analysis of the results posted and the outlook conveyed.
As best you know, are they generally chasing the same customer as GSY does in their loans business, and would you see Propel more for income, growth, or expect a bit of both? Thanks kindly.

Upvote 1

Read Answer Asked by Michael on March 22, 2023

• LifeSpeak Inc (LSPK $0.32)
  • $0.32 Cap: $18M
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Q: Please review LifeSpeak including latest financial results. I own at a loss position in a TFSA. Does it have any upside? Would you continue to hold or sell?

Upvote 1

Read Answer Asked by David on March 22, 2023

• JPMorgan Chase & Co. (JPM $300.54)
  • $300.54 P/E (TTM): 14.37X Cap: $819.01B
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• Visa Inc. (V $338.12)
  • $338.12 P/E (TTM): 33.43X Cap: $667.32B
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• Toronto-Dominion Bank (The) (TD $105.24)
  • $105.24 P/E (TTM): 8.71X Cap: $178.30B
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• Bank of Nova Scotia (The) (BNS $88.57)
  • $88.57 P/E (TTM): 16.98X Cap: $109.69B
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• goeasy Ltd. (GSY $209.38)
  • $209.38 P/E (TTM): 12.79X Cap: $3.36B
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• EQB Inc. (EQB $93.52)
  • $93.52 P/E (TTM): 10.46X Cap: $3.55B
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• Brookfield Corporation Class A Limited Voting Shares (BN $92.99)
  • $92.99 P/E (TTM): 155.34X Cap: $137.26B
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• Brookfield Asset Management Ltd. Class A Limited Voting Shares (BAM $77.17)
  • $77.17 P/E (TTM): 38.81X Cap: $125.53B
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Q: I'm currently overweight financials. Mainly due to new positions in BN/BAM/TD. With over 21% in financial broken down as follows would you begin to trim or consider BN/BAM diverse enough not to be a financial and thus reducing the overall financials concentration to 13.5%

BNS - 2%
BAM -2%
BN - 4.5% been growing this position (ideally want it to be 6%)
EQB - 1% new position
GSY - 2.5%
JPM - 2.6%
TD - 2.21% new position
Visa - 4.23%

10 year investment horizon.

Your thoughts are appreciated

Don

Upvote 0

Read Answer Asked by Don on March 22, 2023

• Magnite Inc. (MGNI $23.89)
  • $23.89 P/E (TTM): 81.77X Cap: $3.47B
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Q: Please comments on Mgni earnings, hold or sell?
Many thanks

Upvote 0

Read Answer Asked by Hue on March 22, 2023

Q: i was looking for a better return than what the banks were offering on there money market td was paying me 4.05% on there tdb8152 money market account. i noticed today that cibc was offering 4.94 % for a monthly rate with a minanium $100.000 investment. on there cib238 money market rate. my question is why would a person invest in a return of 4.05% vrs 4.94 % other than the $100 requirement. how much more risk would be involved if i went this route. thanks

Upvote 0

Read Answer Asked by allen on March 22, 2023

• SPDR S&P 500 ETF Trust (SPY $652.21)
  • $652.21 P/E (TTM): 82.05X Cap: $658.41B
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Q: Do you recommend a buy and hold approach or timing the market ? I am currently dollar-cost-averaging once per week into SPY, as I do not have much time to follow stocks. What do you think of this approach for someone of middle age with 20 years until retirement?

Upvote 0

Read Answer Asked by Brucey on March 22, 2023

• Alphabet Inc. (GOOG $239.56)
  • $239.56 P/E (TTM): 24.96X Cap: $2.89T
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• Microsoft Corporation (MSFT $500.37)
  • $500.37 P/E (TTM): 36.52X Cap: $3.70T
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• NVIDIA Corporation (NVDA $177.33)
  • $177.33 P/E (TTM): 54.29X Cap: $4.14T
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• Premium Brands Holdings Corporation (PBH $93.85)
  • $93.85 P/E (TTM): 45.46X Cap: $4.19B
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• Shopify Inc. Class A Subordinate Voting Shares (SHOP $197.22)
  • $197.22 P/E (TTM): 82.35X Cap: $258.35B
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• iShares Russell 2000 Growth ETF (IWO $309.69)
  • $309.69 P/E (TTM): 45.65X Cap: $12.55B
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• NIO Inc. American depositary shares each representing one Class A (NIO $5.72)
  • $5.72 Cap: $14.10B
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• Converge Technology Solutions Corp. (CTS $5.99)
  • $5.99 Cap: $1.12B
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• ASGN Incorporated (ASGN $50.86)
  • $50.86 P/E (TTM): 14.98X Cap: $2.29B
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• Topicus.com Inc. (TOI $168.20)
  • $168.20 P/E (TTM): 85.63X Cap: $14.87B
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• TELUS International (Cda) Inc. Subordinate Voting Shares (TIXT $6.22)
  • $6.22 Cap: $1.72B
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• Coveo Solutions Inc. Subordinate voting shares (CVO $8.96)
  • $8.96 Cap: $858M
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Q: Hi 5
2 questions (please use required credits)
1) For the stock list above would you please suggest a HOLD SELL BUY.

2) I would like to consolidate all of the above stocks into: NVDA GOOGLE and
MSFT for a 2 years hold, I understand the stocks are good ones , but I'm only looking at a faster recovery. Would you be om with it.

Thanks

Upvote 0

Read Answer Asked by Fernando on March 22, 2023

• Alvopetro Energy Ltd. (ALV $6.65)
  • $6.65 P/E (TTM): 8.06X Cap: $240M
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Q: Although I'm not big into oil and gas with TOU being my only holding, this name showed up on screen of companies which may have low debt, decent earnings and dividend and upside potential. I realize its small in size, but wondering if I can get your opinion? Would it make it on to your buy list?

Upvote 0

Read Answer Asked by Colleen on March 22, 2023

• Converge Technology Solutions Corp. (CTS $5.99)
  • $5.99 Cap: $1.12B
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Q: CTS is in the red today and below four dollars. This is on the greenest day of the last month. Do you believe it will be stuck here until they announce their intentions of the review.

Upvote 0

Read Answer Asked by Steve on March 22, 2023

• Palantir Technologies Inc. (PLTR $166.74)
  • $166.74 P/E (TTM): 520.33X Cap: $385.17B
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Q: Please comments on Pltr, is it a buy and hold for long term ? Many thanks

Upvote 0

Read Answer Asked by Hue on March 22, 2023

• ATS Corporation (ATS $37.09)
  • $37.09 Cap: $3.63B
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• Crocs Inc. (CROX $81.17)
  • $81.17 P/E (TTM): 23.38X Cap: $4.54B
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• Axon Enterprise Inc. (AXON $747.55)
  • $747.55 P/E (TTM): 179.15X Cap: $57.46B
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• Magna International Inc. (MGA $45.79)
  • $45.79 P/E (TTM): 10.84X Cap: $13.03B
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• Lantheus Holdings Inc. (LNTH $52.50)
  • $52.50 P/E (TTM): 15.28X Cap: $3.74B
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Q: Good morning 5i
Yesterday i asked about a replacement for Magna and you kindly offered tfii and ats. I like these suggestions. But, the problem ( nice to have such a problem) is that i am already quite overweightin tfii and am also overweight inthe industrial sector. So, i am hesitant to buy ats. Do you have an equivalent for ats? Any other sector is ok, although my technology holdings are high. Also a US stock would be ok. It may not be the right mindset but i would like something with growth that can help recuperate some of my loses on mga
Thanks

Upvote 0

Read Answer Asked by joseph on March 22, 2023

• CBRE Global Real Estate Income Fund of Beneficial Interest (IGR $5.05)
  • $5.05 P/E (TTM): 21.88X Cap: $708M
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Q: Hi 5I team

I see in my account that I have received rights equivalent to the shares in IGR that I own. I am unsure of the significance, my options, and/or a recommendation(certainly dependent on my risk/investment tolerance). Could you enlighten me please. I do enjoy the 12+% yield.

Upvote 0

Read Answer Asked by Peter on March 22, 2023

Q: Hi there, can I please have your opinion on a company called Envela. Would you rate this company a buy, sell or hold?

Thanks!

Upvote 0

Read Answer Asked by Michael on March 22, 2023

• LendingClub Corporation (LC $16.22)
  • $16.22 P/E (TTM): 25.78X Cap: $1.91B
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• Exact Sciences Corporation (EXAS $54.77)
  • $54.77 Cap: $10.49B
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• Trupanion Inc. (TRUP $43.16)
  • $43.16 P/E (TTM): 166.85X Cap: $1.83B
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• Pure Storage Inc. Class A (PSTG $81.15)
  • $81.15 P/E (TTM): 220.83X Cap: $25.88B
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• Alteryx Inc. Class A (AYX)
  • Cap: $3.48B
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• Redfin Corporation (RDFN)
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• Photronics Inc. (PLAB $22.01)
  • $22.01 P/E (TTM): 11.79X Cap: $1.34B
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• IES Holdings Inc. (IESC $381.19)
  • $381.19 P/E (TTM): 35.98X Cap: $6.94B
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• Pinterest Inc. Class A (PINS $35.29)
  • $35.29 P/E (TTM): 13.56X Cap: $24.81B
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• Chewy Inc. Class A (CHWY $35.11)
  • $35.11 P/E (TTM): 45.74X Cap: $17.48B
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• Cloudflare Inc. Class A (NET $222.97)
  • $222.97 Cap: $76.16B
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• Magnite Inc. (MGNI $23.89)
  • $23.89 P/E (TTM): 81.77X Cap: $3.47B
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• Unity Software Inc. (U $43.10)
  • $43.10 Cap: $19.22B
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• Upstart Holdings Inc. (UPST $62.42)
  • $62.42 Cap: $6.63B
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• Taboola.com Ltd. (TBLA $3.39)
  • $3.39 P/E (TTM): 85.25X Cap: $999M
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• Matterport Inc. (MTTR)
  • Cap: $1.76B
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• Upbound Group Inc. (UPBD $25.17)
  • $25.17 P/E (TTM): 14.28X Cap: $1.44B
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Q: I’m invested for the long term. Do you view any of these names as no longer holding any long term potential?
Thanks

Upvote 1

Read Answer Asked by Curtis on March 22, 2023

• Virtu Financial Inc. Class A (VIRT $38.61)
  • $38.61 P/E (TTM): 8.73X Cap: $5.94B
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Q: VIRT has been banged up recently due, reportedly, to changes in U.S. regulations and their perceived impact. Do you feel that VIRT's stock price has over-reacted and that it might now be considered a buy?

Upvote 0

Read Answer Asked by David on March 22, 2023

• Enbridge Inc. (ENB $67.35)
  • $67.35 P/E (TTM): 23.46X Cap: $146.08B
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Q: Over the years, I have heard some fund managers calling the ENB business model deeply flawed: taking on more debt to fuel ”growth” while simultaneously raising the dividend. If ENB was truly creating shareholder value I would expect that to be reflected in the stock price over a long period of time. Yet ENB stock has been flat for nearly a decade. Is it reasonable for investors to take on equity risk in order to earn 6% rate of return in a company with increasing debt? Would it not be better to invest in a company that can demonstrate some organic growth or accretive acquisitions?

Appreciate your perspective. Thanks.

Upvote 0

Read Answer Asked by Joel on March 22, 2023

• Melcor Real Estate Investment Trust (MR.UN $5.49)
  • $5.49 Cap: $71M
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• Melcor Developments Ltd. (MRD $15.37)
  • $15.37 P/E (TTM): 52.59X Cap: $464M
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Q: Hello 5i Could you comment on MR.UN as the share price has been at a low price for awhile and the possibility and wise decision for MRD to takeover MR.UN

Upvote 0

Read Answer Asked by Michael on March 22, 2023

• goeasy Ltd. (GSY $209.38)
  • $209.38 P/E (TTM): 12.79X Cap: $3.36B
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Q: Dear 5i,
In regards to the March 21, article written by Michael Huynh titled Canadian Financial Companies with Robust Balance Sheets. I believe the GICS sub-industry classification for GSY is "Consumer Finance". Assuming GSY was included in the screening process. Can you help explain where GSY did not meet your screening criteria. I believe in general your team likes this stock.
thanks

Upvote 0

Read Answer Asked by Ian on March 22, 2023

• AT&T Inc. (T $29.20)
  • $29.20 P/E (TTM): 16.42X Cap: $210.36B
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• BMO Covered Call Canadian Banks ETF (ZWB $22.40)
  • $22.40 P/E (TTM): 12.51X
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• BMO Equal Weight Utilities Index ETF (ZUT $24.32)
  • $24.32 P/E (TTM): 17.75X Cap: $713M
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• Vanguard S&P 500 Index ETF (VFV $160.96)
  • $160.96 P/E (TTM): 82.03X Cap: $25.03B
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• TD Active Global Real Estate Equity ETF (TGRE $15.26)
  • $15.26 P/E (TTM): 35.02X Cap: $87M
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• Purpose Bitcoin ETF (BTCC $20.60)
  • $20.60 Cap: $1B
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Q: My Grandsons are 3 &1 old. They have 43% ZUT, 35% VFV, 21% ZWB and 0.9% BTCC.in their present RESP. I am looking for thoughts for the coming year deposit.
My thought are add to VFV (not enough now to reinvest),add a Reit ETF like TGRE or add an telecom ETF. I can not find a telecom ETF in Canada so maybe an alternative would be T.
All thoughts would be much appreciated.
Thank you

Upvote 0

Read Answer Asked by David on March 22, 2023

• SPDR S&P 500 ETF Trust (SPY $652.21)
  • $652.21 P/E (TTM): 82.05X Cap: $658.41B
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Q: Dear 5i
Do you think its important to hold more than one general market S&P 500 ETF in an RRSP account ? If so what Canadian and what US listed ETF`s would you recommend ? Is it important to hold both or just one or the other in an RRSP with regards to withholding taxes ?
Also if you own a Canadian listed ETF such as ZSP which holds individual US stocks , do those stocks held count towards the $100,000 foreign investment limit where a special tax form has to be submitted if above that limit in a nonregistered account ?
Thanks
Bill C

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Read Answer Asked by Bill on March 22, 2023