Q: On Dec 13 Credit Sussie downgraded BNS to Neutral (from Outperform),$75 TP, Av TP$78.92 It dropped $0.89 to $73.82 on above av. vol of 5.2m shares.Note that there was a purchase of 2m shares @ the close.Apparently there was above average vol. for the other big 4 banks. Your comment please. Txs for u usual great services & views
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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 need to increase my allocation to financials.
Should I go with the US banks which currently have "Momentum" on their side .... plus great new jobs numbers in the US.
Or the Canadian banks which have been hurting and the only "M" seems to be down .... or are they in Value territory? (of course we in Canada just saw 70K jobs disappear).
Or is there a third option?
Thanks for your help in sorting this out?
Should I go with the US banks which currently have "Momentum" on their side .... plus great new jobs numbers in the US.
Or the Canadian banks which have been hurting and the only "M" seems to be down .... or are they in Value territory? (of course we in Canada just saw 70K jobs disappear).
Or is there a third option?
Thanks for your help in sorting this out?
Q: How seriously should we take the Canadian banks when they all increase their year-end loan loss provisions significantly? Is this really a harbinger of a slowing economy or am I being too cynical to think that this is a good way for management to build in some "wiggle room" going into the new year? Loan loss provisions are the one area management can use to massage headline numbers and perhaps boost profits next year if results are not so good.
Appreciate your insight.
Paul F.
Appreciate your insight.
Paul F.
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Toronto-Dominion Bank (The) (TD $109.78)
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Bank of Nova Scotia (The) (BNS $88.84)
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Bank of Montreal (BMO $175.98)
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Canadian Imperial Bank Of Commerce (CM $111.82)
Q: Your thoughts on the Canadian banks? What's your favorite?
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Bank of Nova Scotia (The) (BNS $88.84)
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Constellation Software Inc. (CSU $3,936.19)
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WSP Global Inc. (WSP $279.34)
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Descartes Systems Group Inc. (The) (DSG $133.62)
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Boyd Group Income Fund (BYD.UN)
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Knight Therapeutics Inc. (GUD $5.77)
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S&P/TSX Composite Index (TSX $29,850.89)
Q: Hi,
I'm looking to start investing a lump sum over the next 12 months or so. What list of Canadian stocks would you recommend at current levels? Do you have 5-7 names that you find particularly attractive right now. Looking for a mix of growth and income with not too much risk.
Thanks,
Jason
I'm looking to start investing a lump sum over the next 12 months or so. What list of Canadian stocks would you recommend at current levels? Do you have 5-7 names that you find particularly attractive right now. Looking for a mix of growth and income with not too much risk.
Thanks,
Jason
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Royal Bank of Canada (RY $201.20)
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Bank of Nova Scotia (The) (BNS $88.84)
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National Bank of Canada (NA $149.77)
Q: I have read that Canadian banks this week are gearing up to report their slowest annual earnings growth since the global financial crisis.
Do you anticipate a negative market response to my holdings listed above? With all 3 at 52-wk highs, how would you rank them for a continued "Hold"?
Do you anticipate a negative market response to my holdings listed above? With all 3 at 52-wk highs, how would you rank them for a continued "Hold"?
Q: whats expected from ATD.b next week and BNS Thx
Q: How does a change in currency exchange rate effect the price of an inter-listed stock such as BNS, assuming a perfectly efficient market? For example, if the Canadian dollar drops what happens to the price of BNS on the US listing relative to the Canadian listing?
Thanks for your awesome service.
Thanks for your awesome service.
Q: Why is BNS reporting its Q4 results on Nov 26 so far ahead of the other big 5 banks on Dec 3,4 & 5? What are your expectations of BNS? Thanks for u usual great services & views
Q: Which Canadian Banks do you recommend buying stocks in?
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The Walt Disney Company (DIS $109.19)
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McDonald's Corporation (MCD $297.01)
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Bank of Nova Scotia (The) (BNS $88.84)
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BCE Inc. (BCE $33.46)
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Shopify Inc. Class A Subordinate Voting Shares (SHOP $211.39)
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lululemon athletica inc. (LULU $167.51)
Q: What would be a good company to buy shares in for a teenager for his first investment? It was mentioned before that it increases interest in investing if the teen knows about the company. I was thinking of Costco, Disney, Mcdonalds?
Would you be able to provide a top 3-4 names in Canada and 3-4 in the US as suggestions? Thanks
Would you be able to provide a top 3-4 names in Canada and 3-4 in the US as suggestions? Thanks
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Royal Bank of Canada (RY $201.20)
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Toronto-Dominion Bank (The) (TD $109.78)
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Bank of Nova Scotia (The) (BNS $88.84)
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Suncor Energy Inc. (SU $55.28)
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Bank of Montreal (BMO $175.98)
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Canadian Imperial Bank Of Commerce (CM $111.82)
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TC Energy Corporation (TRP $73.93)
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Sun Life Financial Inc. (SLF $86.24)
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TELUS Corporation (T $21.34)
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Fortis Inc. (FTS $71.46)
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Pembina Pipeline Corporation (PPL $54.61)
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Algonquin Power & Utilities Corp. (AQN $8.11)
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Superior Plus Corp. (SPB $7.87)
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Alaris Equity Partners Income Trust (AD.UN $17.96)
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Thomson Reuters Corporation (TRI $212.03)
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Nutrien Ltd. (NTR $83.84)
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Enablence Technologies Inc. (ENA $1.21)
Q: Hi
I hold all these stocks in a non registered account, to take advantage of their dripping and tax advantages. I have the $ to buy another holding. What top 3 companies do you suggest to add to this mix for a long term hold, my goal is the highest dividend possible, with as little risk as possible. Also, do you have any issues with the compaies already held? I also have other growthier holdings in my tfsa as well as etfs for US and International exposure in my RRSP.
thank you
Michele
I hold all these stocks in a non registered account, to take advantage of their dripping and tax advantages. I have the $ to buy another holding. What top 3 companies do you suggest to add to this mix for a long term hold, my goal is the highest dividend possible, with as little risk as possible. Also, do you have any issues with the compaies already held? I also have other growthier holdings in my tfsa as well as etfs for US and International exposure in my RRSP.
thank you
Michele
Q: With the social unrest in many South American countries, do you expect BNS to be adversely impacted in view of its significant presence in the region? If so, would you suggest switching to a different bank such as TD? Thank you for your insights.
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Pfizer Inc. (PFE $24.78)
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Toronto-Dominion Bank (The) (TD $109.78)
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Bank of Nova Scotia (The) (BNS $88.84)
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BCE Inc. (BCE $33.46)
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Enbridge Inc. (ENB $66.77)
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TELUS Corporation (T $21.34)
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Algonquin Power & Utilities Corp. (AQN $8.11)
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Savaria Corporation (SIS $21.34)
Q: In my RRSP account - I am looking to add 1 more company to the above list. I am somewhat of a conservative growth investor - would like something that will increase over time yet paying respect to risk. I am looking at BIP.UN or SLF - can you provide your opinion and maybe suggest others that you feel might "fit" ? Your opinion is greatly appreciated.
Thanks
Thanks
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Bank of Nova Scotia (The) (BNS $88.84)
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TC Energy Corporation (TRP $73.93)
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Fortis Inc. (FTS $71.46)
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Brookfield Renewable Partners L.P. (BEP.UN $36.97)
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Kinaxis Inc. (KXS $182.12)
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Premium Brands Holdings Corporation (PBH $95.79)
Q: Hi Peter, Ryan and Team,
I hold BNS, BEP.UN, FTS, KXS, PBH and TRP in my child's RESP account and it has been performing quite well. With another 8 years to go, should I just add to the existing positions or add something else?
Thanks.
I hold BNS, BEP.UN, FTS, KXS, PBH and TRP in my child's RESP account and it has been performing quite well. With another 8 years to go, should I just add to the existing positions or add something else?
Thanks.
Q: I have BNS at 3% in my TFSA and have been considering switching to BAM.A.CA for diversification in the financial sector and for possible increased growth. I realize the dividend from BAM is less than BNS and am not aware of which currency BAM is paid out in. I would appreciate your input re pro /con of making this switch.
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Royal Bank of Canada (RY $201.20)
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Toronto-Dominion Bank (The) (TD $109.78)
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Bank of Nova Scotia (The) (BNS $88.84)
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Bank of Montreal (BMO $175.98)
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Canadian Imperial Bank Of Commerce (CM $111.82)
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National Bank of Canada (NA $149.77)
Q: Which of the following bank stocks are most susceptible to a price decrease if a recession was to occur in the near future. Please list as least susceptible to most susceptible. The stocks are RY, BMO, BNS, TD, CM, NA. Thanks … Cal
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Bank of Nova Scotia (The) (BNS $88.84)
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BCE Inc. (BCE $33.46)
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Sun Life Financial Inc. (SLF $86.24)
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WSP Global Inc. (WSP $279.34)
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Alimentation Couche-Tard Inc. (ATD $73.13)
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Premium Brands Holdings Corporation (PBH $95.79)
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Shopify Inc. Class A Subordinate Voting Shares (SHOP $211.39)
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Savaria Corporation (SIS $21.34)
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iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ $60.00)
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Vanguard U.S. Dividend Appreciation Index ETF (VGG $101.33)
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Spin Master Corp. Subordinate Voting Shares (TOY $18.60)
Q: Hello,
The family RESP is composed of 15% VGG and 15% XQQ with the balance spread roughly evenly over the remaining stocks listed above. I would appreciate your suggestion for an additional position. The oldest child is 8 years away from post secondary.
Thank-you.
The family RESP is composed of 15% VGG and 15% XQQ with the balance spread roughly evenly over the remaining stocks listed above. I would appreciate your suggestion for an additional position. The oldest child is 8 years away from post secondary.
Thank-you.
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Bank of Nova Scotia (The) (BNS $88.84)
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Canadian National Railway Company (CNR $132.24)
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Enbridge Inc. (ENB $66.77)
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Canadian Apartment Properties Real Estate Investment Trust (CAR.UN $39.98)
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Premium Brands Holdings Corporation (PBH $95.79)
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Sienna Senior Living Inc. (SIA $18.27)
Q: HI 5i
In my grandchildren's RESP, I have about $1500 to invest, Currently have the above stocks at about equal weighting except for CNR at 26%, rest at approx. 15%. Would you recommend a couple of options for the next investment?
Regards
Kathy
In my grandchildren's RESP, I have about $1500 to invest, Currently have the above stocks at about equal weighting except for CNR at 26%, rest at approx. 15%. Would you recommend a couple of options for the next investment?
Regards
Kathy
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Bank of Nova Scotia (The) (BNS $88.84)
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Cineplex Inc. (CGX $11.22)
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Enghouse Systems Limited (ENGH $20.56)
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Great Canadian Gaming Corporation (GC $44.98)
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Kinaxis Inc. (KXS $182.12)
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Precision Drilling Corporation (PD $74.93)
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Surge Energy Inc. (SGY $6.90)
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Premium Brands Holdings Corporation (PBH $95.79)
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Knight Therapeutics Inc. (GUD $5.77)
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Currency Exchange International Corp. (CXI $24.05)
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High Liner Foods Incorporated (HLF $16.53)
Q: I have the above losing stocks in my rrsp. Do you see any that I should let go and replace with something else? Sgy and pd are particularly painful to look at! The ok stocks I have in it are bns, engh and pbh. A good few years before I start cashing in. Thank you.