Investment Q&A

Q: I'm looking at the previous questions that have been asked under categories, but I don't see a category for Industrials.
I'm trying to balance my portfolio and lacking in industrials.
Would you please recommend a couple of Industrial stocks to hold for 2-5 years for income. Thank-you. Debbie

Q: Hello Peter, Your thought and advise on BDI, ACQ, SPE, BAD, SGY, AVO, FM. These are the losers (average 30%) in otherwise balanced portfolio ( mostly 5i). DO YOU RECOMMEND TAKING LOSS AND MOVE ON TO OTHER MODEL PORTFOLIO STOCKS OR YOU STILL LIKE TO KEEP ANY / ALL OF THESE, ALSO, IF YOU PREFER TO KEEP THEN DO YOU RECOMMEND TO ADD IN ANY/ ALL THESE TO BRING BACK TO ORIGINAL PORTFOLIO WEIGHTING.THANKS AND LOOK FORWARD TO SEE YOU IN THE SEMINAR.

Q: Hello Peter,
Fairfax has been on a roll lately. The fundamentals are good from PE and ROE, but the technical now are over bought (RSI). Any reason why the stock continues upward? I do not see any news other than Fairfax india IPO and potential Blackberry takeover (as Fairfax owns 10% of the company). Any comments. Also, to de-risk my portfolio, if I am to put more money in Fairfax, is it better to add to FFH or use those proceeds to invest in FIH (Fairfax india ) once the IPO stables (as you had indicated in prior replies about potential of fee covering of 8% from brokers etc from IPO). I have seen your replies on Knight Therapeutics that is a sector and management bet. When it comes to companies like these, does one simply go on technical charts to buy and sell as there is not much in terms of fundamentals to base the buying decision (what price to pick it up at). Also, BioSyent has been referenced as the next potential Paladin Labs. If so, can you see a potential of Knight buying BioSyent? Thanks again and appreciate the detailed replies you provide.

Q: Hi guys,

I would like to start dipping my toe in any of these names, the only thing that is stopping me is that I am worried about valuation. I need some exposure to consumer staples/discretionary and healthcare however, I would not like to buy at high multiples if possible.

I would like to know if I should wait for a little pullback OR buy now and if there is a pullback add to a position. Could you comment on the future prospects on them if you can, it will help my decision.
Feel free to suggest any other names that might be a better substitute.
Thanks, keep up the great work, it truly helps alot !!!!

Q: I am new to this investing game, so have a ways to go to get an understanding of important details.
I notice that on my QTrade profile sheet for this ETF the yield is 7.6% but the Jan 23/15monthly distribution was only $.074. This monthly amount X 12 months = $.89 which is about a 3.3% yield on a $27.00 ETF. Can you explain the discrepency?
Can the dividends be automatically reinvested?
Thankyou for your answers....Jim

Q: What are your current thoughts on this company ?

Q: Hello,
Can you please comment on Reitmans. Is there really a turnaround story there ? I have been holding for 1 year now with about 25% gain. Since they cut the dividend I don't really see a reason to hold on to it. Not to mention the retail space doesn't appear to be very exciting at the moment. Thank you for your comments.

Q: As a follow up question, the bonds etfs I meant to list before autocorrect are xhy,cvd,cpd,cbo,xbb,Flot. I plan to hold 2% weight in portfolio of each, does this make sense (any overlap?) or can I cut any? Also, you mentioned taking 10% from canadian equity and switching to international, can you list your top 2 or 3 international equity etfs that you prefer? Thanks again, sorry for confusion on bond etfs

Q: Hi Peter & Team,

I'm a little concerned about the debt load of Chesswood plus its small cap. I'm considering selling my position and taking on Canaccord instead, which is not without its own risks but it looks cheap at the current value. Could I please have your opinion on this swap?

Thx
Dave

Q: Hi 5i, Re Walters question on PHM yesterday and the precipitous drop, apparently Fabrice Taylor (Globe and Mail) issued a SELL recommendation on PHM yesterday.
Ted

Q: Good Morning Peter,

When the Bank of Canada cut it's interest rate by a quarter point last week and a good posibility of another cut coming soon, will this change your thought on holding SLF. I thought that the one reason to hold this stock was because interest rates were going to go up a bit this year. It now seems interest rates are not going to raise for a long time now in Canada nor in the U.S. as the strong dollar is causing problems for the U.S. as well and if they raise interest rates it will cause the U.S. dollar to go even higher.

So I would appreciate your thoughts on sunlife these days.

Thanks Charlie

Q: With Facebook at 45 x p/e per Bloomberg and in the same US classification as Google, internet service provider, I am wonder where FB would fine in the listing ranking GOOG, AAPL, ORCL, CSCO, MFST and INTC?......Thanks

Q: You lean towards HLF more than CLR but I think both have slightly different businesses in the same industry. Would you own 2.5% position in both as CLR looks like it is breaking through while HLF is languishing or it would be good to hold just one of them and if so which one.

Q: Hi 5i,

Do you know of any companies or ETFs which invest in national or (preferably) global infrastructure -- roads, airports, electricity and water networks, etc.? I'm already aware of Brookfield (BEP,BIP,BPY) and would like to know if there any other companies/ETFs which you think merit consideration in this sector. Thanks for your excellent service.

Davis

Q: The following is a comment you made earlier. I am wondering if this pertains to the stock ET or the etf.
Any way, I am also interested in acquiring ET, and if this is the case, what would you consider an appropriate stink bid, and should this be put in place thanks
Thanks for your usual good service

"However, sometimes the price will go down during the day, and not all ETF managers utilize market at close trading. Thus, putting in a stink bid on a stock can sometimes get you a good fill. We always find this trading interesting, because it is a time when fundamentals do not matter. Index players simply trade because of the index, meaning good companies can trade more cheaply on occasion without any change in their prospects. "

Q: It appears that CAE trading in Canada is outperforming CAE trading in the U.S., what am I missing here?

Q: Any reason you know for the precipitous drop in the PHM share price? Thank you.

Q: Since mid 2013 SLW has bounced several times between $20 and $30. I bought it at $20 with the intention of selling at $30, and held on only to land back down at $20. It is approaching $30 again, and I am yet again hesitating over the sell button (not a trader!). Do you see anything different in the stock that might push it up over $30 this time?

Q: Peter and team:

Would you consider buying IT at these levels (including today's spike up)?
Of the forest group which stock would you recommend buying at current levels: WEF, Interfor or West Fraser? Or any other? Is there an ETF for this group?

Thank you for great feedback, SS

Q: Hi Team,
I was considering buying this ETF for yield and relative safety for the next couple of years. Can you share your thoughts. I am assuming that it has declined because the recent BOC rate cut?

Thanks as always for your reply.