I presently hold a half position in MG in my cash account. While recognizing it is a good holding, it seems to be rather flat of late. I am considering selling MG and replacing it with BYD.UN.
I am a conservative investor with a well-balanced portfolio. Your thoughts please.
Q: They report next week, how good are they at beating expectations ?
When stocks miss they go down sometimes 15-20%. When they beat, they go up only 3-5 %, so I am tempting to sell before results going forward, and buy back according to results, good or bad idea ?
thanks
Q: Is there a way to capitalize on arbitrage opportunities between US and Canadian stocks of the same company. For example, sh.to was up 2% today but shop.us was up 4%, what are the factors to consider when you buy a us stock and trade it in tsx or vice-versa?Thanks very much.
Could you please comment on the results released yesterday? It seems LULU met most of the expectations but has pulled back a fair bit. Do you consider it a buy at this time?
Q: Could you please give your comments on Russel Metals. I have a small position that is currently losing 18%. The dividend is attractive but it does seem to be struggling. If you feel it should be sold, your thoughts on replacement ?
Many thanks.
Q: I hold two rate-reset preferred stocks in my diversified portfolio - Pembina Pref and Brookfield Office Pref. When thinking about sector allocation, would you suggest I exclude these two stocks (as essentially fixed income), or should I include Pembina in my Utility sector weighting, and Brookfield Office in my Real Estate sector weighting? Thank you for your input. Edward
Q: Do the financials, notions of economies of scale and competition, street talk, etc lead you folks to believe that Magna may have any appetite to takeover/merge with Linamar?
Q: Peter, as I build up new cash balances to invest, I need to resist the temptation to keep buying new stocks but, rather, to add to existing positions - simply to avoid to point where I'd have 80 or more stocks! I have an account that currently holds modest positions in Exco, K-Bro, and Tourmaline. With a 5-year time frame, which of those three would you expect to produce the best total gain? Or, since the account also holds the Horizons ETF HXT, would you be inclined to prefer that broad basket (although, obviously, diversification is not my concern!). Thank you.
Q: Anything new to add on ESN ? Some of my other resource related stocks (TOU, WCP) have had a nice pop so far this year. ESN seems a bit stuck. I'd really like to keep holding for a turnaround (that I hope might come in 2017-18). I realize any recovery is likely tied to the price of oil/gas but is ESM a "healthy" company based on metrics that matter to 5i? I have 4-5 years at least.