Investment Q&A

Q: I bought Aecon at $10.78 last year when the price dropped, offering an attractive dividend yield of almost 7%. I purchased it solely for its dividend, as part of my dividend portfolio, and did not expect much in terms of growth. Unexpectedly, to my surprise, it has become the best-performing stock in my portfolio. With the recent dividend increase, the yield now surpasses 7%. Historically, this stock has been quite volatile, with performance fluctuating. My question is: should I hold onto this dividend stock and overlook the 163% capital gain, or consider selling it and reinvesting in other dividend stocks? What is the potential here? If it reverts to its historical performance, would it be better to sell and buy other dividend stocks? Thank you for your insight.

Q: I had asked a question about boardwalk selling off recently and you mentioned oil price sensitivity in Alberta and while it has sold off slightly more than peers the entire group has gotten crushed pretty much straight down for the past 6 weeks despite rates trending down (probably at or more than expected) in Canada. Why are these names selling off? I don’t get it. Thanks

Q: Greetings, currently hold Great West and Sunlife well rewarded to date. Thinking of switching Great West for Dream REIt based on your Sept report. Objectively long term does it make sense., thanks Bman

Q: 5iR recommends 20% for income, 40% for balance and 40% for growth. At the same time, 65% for US stocks and 35% for Canadian stocks. How do I combine or mix these two recommendations between Cda and the US? Like what % of income should be Cda vs US and ditto for Balance and for Growth?.....Thanks muchly for the assistance!......tom

Q: I've read some Q&A on tax-loss selling on this stock, and others in the past. If one were to do this with the plan of buying back - say BCE in this case, is this not a form of market timing that could go very wrong if the price were to suddenly rise? I don't see the benefit, if this plan did not work as anticipated (?)

Q: I own WELL and am still up in a non-registered account. Would you consider a sell and switch to VHI for better future growth?

Q: In December I moved ATD from my TFSA to my non registered account where it promptly tanked and continues to be very volatile. I'm down over 5%. Is there a rule of thumb about how long one lets a once winning stock ride before throwing in the towel? As an older senior, I don't have a lot of years to ride out the loss, but am willing to for a while if it seems reasonable.

Q: I am planning to sell my shares in CNR. I have done well holding it for several years but there just appears to be opportunities for better price appreciating than CNR has over the past couple of years. I would prefer to replace it with a Canadian company. It does not need to be an Industrial. I am currently over weight financials. I am ok with some risk. What companies would you consider as a replacement?

Thanks for all your help,

Mike

Q: Thank you for your prompt response Peter. My take on the stock’s recent trading history….10 weeks ago Simply Wall Street comments that the stock’s Q2 revenue was boosted by one time items. We get closer to Q3 release date and there is selling as some investors fear the numbers will be weak, thinking that revenue will not match the previous quarter. No more one time items. Eric Sprott sees that as a buying opportunity as he is a longer term investor. The shares are tightly held and so hard for Eric to acquire unless there is selling pressure. I’m assuming Eric is buying on the open market, not through a private placement. Do you agree?
Thanks,
Jim

Q: Could you comment on BYD result's released this morning? Thanks in advance

Q: Your thoughts please on the quarter?

Thx

Q: Confused about LMN. Results weren't great. 5i warned before market opened on Monday that direction of stock was in doubt so you suggested a hold rating. Then on Monday, LMN increases 11% on decent volume for the stock. What gives? What positives do others see? Did 'new' news come out? I realize being an off shoot of CSU is a big plus.

Q: Thoughts about HBA? I was thinking about taking a small position it it. Returns have been excellent, the dividend is also good.

Q: I’m under water with Bce by about 30%
But under no pressure to sell
Do you still like it for 5 to 10 year hold our
Is it time to cut my losses

Q: Curious what you think about CROP.U. Is this something you would recommend? If so how much of your fixed income portfolio should it represent?

Q: what are your thoughts on this company share price decline after Eric Sprott stepped in and bought a large amount of shares at around the 5.00 level giving him 19% in the company and now trading around 3.10 level. thank you.

Q: BRK now 1/3 cash; thoughts on this and the 1/4 ? Thank you.

Q: rating

Q: I am at a loss in BCE, therefore I plan to sell it and use it for tax loss purposes, then in 30 days rebuy it and now I have a juicy dividend and if the stock remains flat, I'm okay with this and get paid while I wait. Comments on this strategy, please.

Q: Hi 5i Team - A link from Yahoo Finance on news for Lumine today took me to Simply Wall Street which raised three concerns for the company: 1) Earnings have declined by about 80% per year over the past 5 years; 2) Shareholders have been substantially diluted in the past year; 3) There has been significant insider selling over the past 3 months.
For number 1) how reliable is this information especially considering Lumine has only been around for less than two years. In fact how reliable is any of this information including the website itself. Could you provide your reaction to each of these three concerns. Thanks.