Investment Q&A

Q: TD Waterhouse has BIP as a buy. It uses two valuation metrics. EV/EBITDA and P/FFO. Which is better in your opinion. Why don’t they use P/E. Final question, is there another company I could use to compare against?
Thanks.

Q: What do you think of Boardwalk given that its Q2 results seem to show it is managing the week oil market well and trades at a substantial discount to NAV?
Not fond of Boardwalk - then what are your top 3 choices for apartment REITS?

Q: I believe DCBO issued shares last week. Can you please comment on this development and the general market reaction.

Thanks

Q: Hello:
I have another $10k to deploy in my TFSA with a goal of maximum long term growth without the tax man taking a chunk of those returns. What would be your top CDN pick today as well as top US pick? (Moderate risk is fine but no desire for gambling.)
Thanks!

Q: Good day,

Looking for growth stocks with good momentum, Canadian or US. What would you suggest ?
Any views on the above mentionned stocks ?

Gratefully yours,

Jacques IDS

Q: What are your best ideas for investing in Bitcoin?

Q: Your analysis for along term hold.

Thanks
Thomas

Q: When you list the us stocks that you like you never mention microsoft, is there a reason you don't like microsoft as much of the other stocks.

Q: The 12 month low for bmo was $55.76 and for bns was $46.38 a difference of $9.38.
On aug 14 bmo closed at $78.03 and bns closed at $57.68 a difference of 20.35 in favour of bmo.
Do you think that a major reason for the weakness in bns is due to the coronaravirus in latin and South America and as it continues it to spread should I switch from bns into bmo or is it too late?

Q: Any information and your opinion about JAMF will be appreciated. Thanks.

Q: What characteristics about BAM.A has kept it close to the March lows? Some of it's subsidiaries have fully recovered. I think airlines and cruise ship stocks have recovered more than BAM.a

Q: I'm somewhat concerned that we'll see more COVID this fall and I wouldn't mind trimming my portfolio of positions less able to benefit (short term). Boyd Income Fund comes top of mind due to people driving (crashing) less and it is also one of my larger positions (4.5%) but also still up (50%). Can you provide me with a quick note on how they've been doing this year (business, not stock price) and how significantly their revenues have been impacted? What is their outlook like?

Honestly, they seem to me to have held up better than I might have expected...

Cam.

Q: Hi, I have some US stocks that are on SDGs topic such as ENPH and SEDG. I wonder if there is any similar companies in Canada other than Ballard. Thank you in advance.

Q: I have an open ended time frame and $1000 which I am looking to put into the Gold mining sector. I am especially interested in Yamana Gold, but am willing to take on a fair bit of risk on something that might prove especially profitable. Any suggestions? Any risks to look out for in the near future? Thanks.

Q: It appears that in post Covid times, infrastructure money will be doled out to get the economy rolling again. It may be time to sell some tech or at least trim. I am currently over 40% in tech. It’s been great but I realize more diversification is important.
I know that you’ll recommend BAD and likely STN but what else may be on the horizon to consider?Thanks
Dennis

Q: I'm looking to add International equity exposure (SE Asia, India) to my portfolio in the year ahead, but am turned off by the small market cap size of the ETFs I see available.

What is your recommendation for balanced and liquid International exposure?

Q: Of these four, which would you say is the best play on the current and forward looking trend for lumber and associated products?

Q: Hi Ryan, Peter
I am an income oriented investor and I want to increase my US exposure. I am looking for good Canada based ETFs that yield 3 to 5% dividend. I shortlisted ZDY, XHU and FCUD. I am bit concerned about their size, at least the last with less than 150m in net assets. Can you comment on these or suggest alternate ETFs

Q: There are a number of measures that you have cited as priorities for selecting stocks, including sales growth, stance in an industry, potential market opportunity and management history.
Could you please show how these connect to metrics in your Companies data source so that they could be viewed and compared as readers? In particular I find the sales growth difficult to wrap my head around.
I appreciate that in practice your internal research is more complex and detailed than what end users are likely to do!
Perhaps some blog posts to clarify would be helpful tools as explanations for readers.

Q: Hello 5i Team
Canadian General Investments (CGI) and United Corporations Ltd. (UNC) are “closed end funds” with a discount to book value and low trading volumes. Both of these entities have been around since the 1930’s.
The primary reason for holding them would be long term growth and stability and not dividend income. I would view them as “ballast” in the portfolio to maintain stability (i.e. low volatility).
In addition, since they hold foreign stocks, it eliminates issues with Foreign Holding reporting (Form T1135) and potential US Estate taxation.
Questions are:
1 – What are your thoughts on either of these as a long term holding in a non-registered account?
2 – Which company would be the better choice?
3 – Would it be better to hold E-L Financial (ELF) instead of United Corporations (UNC) since ELF owns approximately 52.5 % of UNC?