Investment Q&A

Q: Good morning, Peter and Team,

Paul Krugman recently wrote the following in a Substack post:

'And the damage from the assault on vaccines continues to widen. Last week the Food and Drug Administration refused to review Moderna’s new mRNA-based flu vaccine. They didn’t reject it based on evidence; they wouldn’t even look at it, in line with RFK Jr.’s evidence-free, dogmatic assertion that mRNA technology, which gave us Covid vaccines, is useless and harmful. Pharmaceutical companies, understandably, are retreating from vaccine development.'

Is this another reason to avoid, or to at least reduce exposure to companies involved in vaccine development? For those of us with ETFs in the Health Care Sector, this becomes a daunting task.

Personally, I can't wait until the US midterms so that hopefully there can be some hope that this madness will end.

As always, thanks for your insights.

Q: I’d appreciate your advice regarding my Constellation Software holdings. I currently hold shares in my RRIF with an average cost $3,800 and in my TFSA $4,300.

Given the recent news, market sentiment, and the recent price movement, would you recommend averaging down at current levels, holding as is, or waiting for more clarity?

I’m focused primarily on long-term growth but want to be mindful of concentration risk and overall portfolio balance.

Thanks very much for your guidance.
Rick

Q: What are your top Canadian stock(s) if one wanted exposure to platinum?

Thanks for the great service!

Q: Hi Peter. Thanks for your great advice. I am overweight in equities and would like to diversify into fixed income ETFs. Please advise what your recommend as the best fixed income ETFs Canadian and US ETFS.

Thank you for your great service.

Peter

Q: Hi 5i guys. NXR (Nexus industrial reit) is now truly an industrial reit since they have sold almost all of their non-industrial properties. At the current price of around $7.77 per unit nexus has a yield slightly above 8 per cent!! In the past couple of years nxr's yield has been higher than their cash flow which is concerning, but the past quarter I believe their payout ratio was around 97 per cent (please confirm). They have a couple of new properties that should be contributing to cash flow and apparently they are releasing properties at much higher rates. Based on that I believe they should be able to continue with the generous yield since the payout ratio should slowly improve. What concerns me is the cost of their debt. They have to refinance a portion of the debt this year and next. The debt they are rolling over was at very low rates and the new rates are at least one per cent higher. Can your bloomberg terminal give an estimate of how much more interest NXR will have to pay on their new debt? If you can make a query as to whether the increasing of rent (and new property rent) will more than offset higher interest payments would be appreciated as well (I am not sure how sophisticated a Bloomberg terminal can be.) I was fortunate that last summer I rotated some tech into precious metal miner and now I want to pay it safe and reduce the PM miners with some income plays. NXR got on my radar. My only other reit exposure is a small position in Granite reit. Thanks for your help and I wish I had a Bloomberg terminal!!

Q: Good morning.
I’m planning on setting up a RESP for my grandkids.
Could you guys please suggest a ETF or two that would be suitable, this would not be used for at least 12 years.

Thanks.

Q: Hello, can you comment on Palo Alto’s latest earnings report and guidance? Is the price drop (Wed morning) overdone? Thanks

Q: What do you think about the risk investing in Mercado Libre. It has a very strong growth profile, with forecasted revenue and EPS GAGR of 30% for the next 3 years. It operates in South America, a region with unsure stability. If one of the countries it operates in has a major macroeconomic downturn (political or economic), then this can deeply affect the company. However, it's growth rate and potentially very high is compelling.

Q: Can you comment the last result.

Thank you

Q: Hello Peter and 5i Team,

Can you please comment on GRMN earnings ? Is there anything else attributing to the share price spike today that you can see?

Thanks,
Dave

Q: Hello Team and good Family Day for the ones in Ontario,

Apart from the market fixation now on overspending on AI which costs a bundle and may not generate more profit, I read somewhere an analyst making a parallel between GE (pre-separation in 3 separate entities) and the 3 members of the Mag 7 listed above. He says they may be going the way GE did when the market started pricing conglomerates the way it did for the last 15 years which consequently brought GE to a very low multiple. What did it for GE, he says, was being involved in different and unrelated businesses, for one, and one strong entity pulling the weight of costly money losing members for another. He says it is also true especially in the AMZN and GOOG cases. What do you think? As always thanks for your strong insight, Adel.

Q: For an Income Portfolio, how would you rank AW, LNF, MKP, MTL and RSI for total return? Which of them increase their dividend annually.? How safe is the dividends for these equities? Which of them would you purchase at current price?

Q: Could you provide results/commentary after TFII's call this morning? Anything noteworthy or worrying? Is call a positive or a negative?

Q: Any reason for the decline in Capstone while other copper producers are up.

Thanks

Dave

Q: Hi,

What do you think of VIC 200? What makes it different from an ETF and would you recommend it for someone looking for lo-volatility broad market exposure? is there a better alternative?

Q: Came across this gold company from an article in The New Money which I read occasionally! What are your thoughts on this 1.6 Billion market cap co.
Is this a possible 10 bagger down the road?
Thanx as Usual
Gary

Q: Any comments on the Indian market, or lack thereof? Is it a good investment going forward? It looks like the biggest ADRs there are the banks. Their economy looks to have good long term prospects.

Q: Current thoughts on PTM? Thanks

Q: I'm moving away from 30 equities to and few ETFs. What do you think of a portfolio made up of SPY 30%, XIC 30%, VIU 20%, and VAB 20%? Or would you rather XEQT 80% and VAB 20%?

Q: Hello Team 5i & Everyone,

May I have your updated assessment on the quality of Devon Energy Corporation (DVN:US) please?

Thank you,

Sandra