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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: I have held Novartis for a few years and still show a profit of ~33%. However it has dropped significantly in the last 18 months. In the pharma space, I also hold Knight Therapeutic (GUD) and Johnson & Johnson (JNJ). I wonder if Novartis is still worth keeping or should I consider switching to something else (or increasing my holding in J&J or GUD). It represents ~1% of my portfolio which is well diversified but light on pharma. Although not your primary field of expertise, I would still appreciate any light you could shed on the company. Thank you for your valuable insights.
Read Answer Asked by jacques on November 18, 2016
Q: I'm considering buying some GILD.My portfolio is all CDN stocks so it should benefit from some diversification and I feel US stocks may gain some strength under Trump.Obviously GILD is very cheap which reminds me a little of Concordia when I bought what I thought was an undervalued health care stock only to watch it nose dive.I also noticed a few reputable investment firms loading up over the last 2 months.My other choice was to buy PBH which is a great company but very expensive.What are your thoughts on a very cheap GILD which adds some diversification vs a fairly expensive PBH which is currently performing much better? I find i'm more of a GARP than a value investor but I appreciate getting a great stock on sale.
Read Answer Asked by Adam on November 18, 2016
Q: Hello,
In your response to a question about tax loss selling you mentioned that you've noticed some strange trading in some stocks this week. Just wondering if you see any good long-term companies that have been "kicked to the curb" recently due to tax loss selling. Air Boss seems to be one that is consistently making new lows in what seems like a daily basis and Black Diamond Group has plummeted since reporting disappointing results a few weeks ago (you have a B- rating on BDI as of Jan 2015). Any names fit the bill as tax loss victims?
Many thanks,
Kent
Read Answer Asked by KENT on November 18, 2016
Q: Peter and His Wonder Team
You and your Team are good at answering impossible questions so I have another one for you. Firstly, you have a well diversified portfolio consisting of 23 stocks which is performing very well. All factors considered ...if you had to pick one of these for best value for either a short term trade or a 3-5 year period which would it be?
Thanks for your opinion which always provides another valuable dimension in dealing with Mr.Market!
Respectfully...
Dr.Ernest Rivait
Read Answer Asked by Ernest on November 18, 2016
Q: I own all the stocks in the Balanced Equity Portfolio and have been very happy with their performance. My weightings differ naturally from your model weights since I purchased at different times. I am considering allocating a relatively large amount of additional funds from elsewhere in my portfolio into the BE Portfolio holdings ($100K+). I am wondering how you would recommend weighting the additional purchases.
Read Answer Asked by John on November 18, 2016