Investment Q&A

Q: The financials segment of my RRIF consists of BMO, BNS, RY with a 25 % total portfolio weighting.
I am looking at selling the 3 and replacing them with HCAL. Believing in the long term growth and security of the Canadian banks , I see this move as providing both higher stock price movement with its 1.25 leverage and higher dividend yield. I see the disadvantages being a nearly 1.00 % MER and greater lose potential in a falling market.
Am I missing any other advantages/ disadvantages ? Would you recommend replacing bank stocks with this ETF and why ?
Thanks
Derek

Q: Time to take profits on this or time to average up?

Q: Can you give me a couple of names of direct competitors to United Health.

Thanks Valter

Q: I have capital gains from early in 2022 that can be offset by capital losses. I have losses in the following stocks. Of these pairs which would you sell to offset the gains? UCTT or ASML; CRWD or MAGT; SLF or BNS or POW.

Q: In response to Dan about buying non TD ETF's at TD brokerage, I had the same problem back in July, and threw in the towel. I moved to National Bank, where all my trades are free, both ways, and I can buy any ETF I want. The only downside with National, is their quotes are delayed by 15 min., so in a fast moving market I would open another window where I have instantaneous quotes, compare, and problem solved. TD sucks!

Q: Hi 5i Team,
Pls give your assessment on Pfizer, this stock looks very cheap with a very low p/e and 3% plus dividend. what do you think of this company going forward, is it a buy, hold or sell?
Thank you for your help as always.

Q: Good day, please what is the short position on Syz and is it significant
Thank you

Q: Recall my comment last week that TD will not let me buy HSAV or many other high-interest savings ETfs. It seems I can buy "similar" EFTs if they are in US$ like HYGH for example. I have some funds in a USD trading account with the Greed Machine and thinking of a short investment in HYGH but I noticed it wasn't mentioned in the ETF and Mutual Fund article on the subject. Is this reasonable place to park some money until say January or so. I am just trying to obtain a positive return. Better suggestions are most welcome. Thanks, Dan

Q: hi folks, opinions on Q results for Sangoma stc/t....no position yet but on radar...stay on the sidelines, or, ok to start a position...thanks as always, jb Piedmont QC

Q: Hello 5I,
Considering the huge drop again on Friday is this just an over reaction or has something fundamentally changed? Do you see this after significant value long term or move on?
Thanks

Q: Do you like the prospects of ECN at this time and do you think now is a good time to purchase shares in the Company or are there other Companies that you see as more attractive at this time? Note: I do have GSY already.

Q: I note that the dividend rate is pretty high for this company, do you believe it's sustainable? Or would you suggest an alternative?

Q: Taxes on share buybacks..The govt. is proposing to tax buybacks.. which companies do you think will get affected? What are your thoughts on this. Thanks.

Shyam

Q: I’m still in the green on AQN, having owned it for a while. I held on for the dividend and because it is in a non-registered account and didn’t want to pay the tax. Of course, the share price is about half of its peak of about a year ago. I did not see any signs at the peak that AQN would have such a precipitous fall.

How to view this?
1. Tune it all out as noise and keep collecting the dividend.
2. In future, trim any stock that more than doubles and reinvest in a different company, taxes be damned.
3. Consider this drop as over done and a buying opportunity.

Q: Hi,
Having a position in AQN that is now underwater, I am wondering about selling it as well as two bank holdings that have a total profit equal to AQN's loss with the idea that I can use the proceeds to purchase another bank stock or two, top up ENB holdings, or something else you might recommend. All three holdings are in taxable accounts. Open to suggestions, as I have the sense that waiting to see how AQN does from here appears to be more risky than moving on. Your thoughts on this idea would be most appreciated!

Dawn

Q: Do you feel both these utilities are in oversold condition based on your review of their latest quarterly results?

Q: What is your opinion about the sustainability of the dividend with AQN? With the recent price fall and financials and their outlook, it looks pretty shaky...

Q: UPST has been a disappointing stock. In my TFSA, there is no opportunity for tax loss harvesting here. What US alternates would you suggest, not necessarily in the same category, that may give excellent growth potential in a market turnaround?

Q: I have held TOY for a number of years. It has been a frustrating ride. They have lots of cash, a great balance sheet and a seeminly strong presence in the toy industry ..... but it never seems to get the same multiples as its peers. Every once in a while it reports a decent quarter or offers encouraging guidance and a twinkle of its potential is shown, but it just never seems to build on the momentum. I hate to be selling TOY "at the bottom" if the pendulum is about to swing back hard, but I am considering selling TOY and increasing my small holding in ECN. ECN seems to be a much more shareholder friendly company with strong management who are seeing their sp under pressure as well. Which do you think has more potential for relatively safe, oversized returns over the next 5 years ? If you have concerns about both, and think there are better alternatives, where would you put your money instead?
Many Thanks

Scott

Q: A very credible management plans to have a loan book of $4B at the end of fiscal 2025. When they reach that goal, can you make a conservative range guess of EPS?
Do you think their FCF will be enough to reach their goal without doing an equity financing?
Thank you.