Investment Q&A

Q: Is there an opportunity to take advantage of the recent pullbacks in cybersecurity stocks, such as CRWD, PANW, and FTNT,? Given the time of year, might it be better to wait for further declines? Would CRWD still be your favourite?

Q: When I short stocks I start at the top and work my way down. Currently I am looking at problems in the U.S. economy which I think are somewhere between serious and more than serious. In this case I am looking at how a slowdown in consumer spending will dovetail with sectoral effects of tariffs and international policy responses to tariffs. So I have two sectors in mind for shorting, agriculture and manufacturing. Agriculture seems difficult because many of the companies seem to have been hit already. But if that continues it could put a squeeze on Potash. More interesting, at least to me, is the potential double (triple?) whammy that will be felt by U.S. automakers with a weakening economy, higher input prices and a less than favourable international sentiment landscape. These latter issues point me to shorting GM rather than Ford because I don't want to pay the higher divvy on Ford while waiting for the thesis to play out.
Apologies for the overly long question, but what do you think of my overall thesis, and specifically GM as a short and are there any other sectors and/or companies that you feel are vulnerable right now. Thank-you.

Q: I have bought goods from Wayfair a few times and was impressed with their pricing, customer service and quality. It was $300 dollars plus in Mat of 2021 and would love your analysis and thoughts of where this retailer is heading?
Is it worth buying?
Thanx Gary

Q: Hi 65i, May I have your current opinion on DOMO ? is it a Sell, Hold, or a Buy.
thank you

Q: Could you please compare these 2 funds and would you prefer one over the other with explanation? Thanx

Q: How did UPST do in the quarter just past?

Q: Can you please explain the press releases by $oscr $cnc and others related to Medicare and the weak skate prices for these Healthcare companies? Is this weakness likely to last with the Trump policy changes? It's there value here or a longer lasting fundamental change to the revenue potential?

Q: I feel compelled to chime in on the RRSP discussion, with my personal scenario.

- 25 years still to work
- marginal tax rate 43.4%
- highest tax bracket 50.4%
- Assumed yearly return of 10%


Option 1: Utilize the RRSP for 10k/year:

Balance after 25 years = 1.08 million. Worst case scenario (unlikely) I pay 50.4% tax on the entire balance = 536k remaining.

Option 2: Pay tax on the 10k at 43.4% and have 5,660 left to invest in a cash account.

Balance after 25 years = 612k. Pay capital gain tax of **118k = 493k remaining.

**Capital gain = 612k less cost base of 141k (5,660 X 25 years) = 470k. X 50.4% X 0.5 = 118k.



I am still better off in option 1 with 536k rather than the 493k in option 2. Note that it is also very unlikely I pay the highest tax rate on the entire balance. In reality I will likely to much better than the tax rate used in option 1.


Open to hear if you think I'm missing anything?

Q: TTD Your thoughts on the quarter and outlook from here please. Hold or change over to something else? Thx

Q: I've held FCX for a few years now, and it hasn't really gone anywhere. Would it make sense to sell it and buy AEM?

Thank you for all that you do.

Q: Your thoughts please on the quarter?Thx

Q: Could you comment on BCE second quarter 2025 results? Thank you

Q: Comments on the quarter?

Q: $four had negative reaction to earnings. How attractive do you see it at current price?

Q: A colleague of mine, who is both a student of history and risk adverse, has suggested there are significant parallels between what is occuring in the market today and market conditions leading up to the 1929 great depression. In particular, he points to what he believes to be grossly inflated p/e values across all sectors of the North American market. I do not share his views and would be interested in your thoughts - backed up with a few pertinent statistics - regarding both my colleague's historical comparison to the late 1920s and current p/e values. (I am well aware books could be written on this subject, so looking for just your top-line opinion.) Thank you.

Q: Is CNQ stock price down due to OPEC increases or other ?

Q: I would like to reiterate the big thank you for this name. I would never have considered it but for your service. Based on your comments, I took a large position which has worked out extremely well. Thank you!

Jason

Q: I know there is no news on CSU which reports tomorrow. It is sitting on its 200 day moving average and is the third time this year it has had a sell off to this level (actually Liberation Day (April) it fell through the 200 day), only previously to make a strong comeback. Are you concerned CSU is missing the AI craze with its long time tested acquisition strategy? Is it the Adobe of the TSX (ie. great business but not sufficiently relevant in AI)? Thanks so much.

Q: TMX Group has been consistently producing great results, for several quarters, coupled with dividend increases. But, its share price does not seem to be able to rise past $57-$58 level, even with most analysts revising their estimates and price targets, higher.

Is this price action consistent with its historical pattern, or we are missing something ?

Do you continue to like to own the stock for Income and Growth, over next several years ?

Thank You

Q: I believe cash flow is a better measure of profitability for E & P companies. Would that also apply to software companies? Or would EV/EBITDA be an even better measure for software companies?

Thank you,