Investment Q&A

Q: Thanks for all your excellent work. Having recently moved to the US and opted to convert my young-ish Nova Scotia pension account to an RRSP and a LIRA, I’m looking to invest the ~100k in these accounts. Horizon: at least 5 years, but probably much more (I’m 40). Having narrowed down a tentative list of names (see below – tech-heavy, I realize), and with a focus on growth, I’m hoping to sort out the best buying strategy. Specifically: (1) At this moment, does the conventional wisdom to buy each stock gradually makes sense to you as good rule of thumb (e.g., over the course of a year, for each stock, adding a quarter of the total intended position once every few months or so)? (2) Also: I’d greatly appreciate seeing a ranked list of, say, which five of these stocks you think it would be especially wise to start with (i.e., buy now, or buy more of sooner) and which five you think I should wait to buy. Feel free to dock me for two questions! Thanks a ton, Chris

CSU, SHOP, LSPD, XBC, SYZ, BEP.UN, PHO, KXS, ENGH, WELL, GUD, EGT, SJ, BNS, WSP, STC, ATZ, LAC, BYD, REAL

Q: Some help for Paul asking for ideas to invest in his TFSA. In February (13)?, 2017, 5i answered a request for the top 10 picks harvested from the 5i portfolios. They were as follows: GSY, SHOP, SLF, WSP, GUD, OTEX, SIS, KXS, PBH, and one other I lost track of. Over the 4 years the return, if still held, would be +280%, but even without SHOP or GUD, the return is a respectable +96%. So for Paul and me would you do it again from current portfolio holdings. My New Years resolution is to pay more attention to your picks...........thx. Lionel

Q: What is your view of BYD for 2021? The share price of this company seems to have been range bounded during much of 2020 after some solid gains in 2019. Is it time to move on? Thanks.

Q: Would you be comfortable buying BYD for a long-term hold at today's levels? Do you believe in it as must-own growth stock? Thanks.
*edit:. Not a must-own company, rather, a great company to own for a long-term hold as part of a diversified portfolio. Thanks.

Q: On the most recent BI model portfolio Boyd gets an A- rating. The most recent report I could find on this company is from Jan 2019 with a B+ rating. Is there a more recent report that I'm missing and could you post a link?

Thanks

Q: All things being equal, which stock would you transfer into a TFSA from a cash account. I will have the room in Jan

Q: good morning
Bought BYD once before and was fortunate enough to sell it at its high around $225. Then repurchased it in spring and now it’s approaching $225 again. Time to sell again or hang in there? The 0 .31% dividend sure is not enticing.

thanks
Steve

Q: Hi There,
I currently have a position in Stella Jones and I'm basically at the break even point. I am debating whether I should hold or sell it and purchase BYD for a bit more growth. Your thoughts on SJ and if you would see the swap as a good move?
Thank You

Q: I have a DOY balanced portfolio (Alpha-Balanced for guidance) , with less than 10 year timeframe.
I’m underweight communication services, and energy. Not a fan at this stage of oil or precious metals. Overweight in industrials and technology.
My concern is with my overweight in technology. Reading a number of opinion articles that refer to the tech boom as another dot.com. The reply often is oh but this is different.
Here’s my two cents worth especially related to tech stocks I own. First of all investors/traders seem to be jumping in and out of technology based on the latest COVID-19 / vaccine news.
Re KXS; will still be in demand long after Covid-19. LSPD; somewhat sensitive to Covid-19 but have done a good job diversifying and adapting restaurant services etc. Will do well in recovery.
Maybe more acquisitions.
SHOP; like Amazon will carry on even though the valuation is high. Younger generation will still shop on line.
Now comes the tricky part. WELL and VEEV. I don’t quite have a handle on. Not sure if the demand for their service will still be there post COVID-19.
Your comments and/or thought would be greatly appreciated. I have a feeling that many of your clients would be interested in what you have to say.
I’m an experienced investor but don’t have access to the kinds of info I once did. I depend a great deal on your unbiased expert opinion.
Merry Christmas

Roy

Q: which do you prefer for growth byd or gdi and what percent of revenues are derived from USA operations for each company thanks Richard

Q: Greetings:
In your Nov 27 update report on Boyd Group Services you show n/a
for the 5 year eps growth. Please explain? Also, in the last few days
a question was asked about the viability of a company. Your answer
was that it has a Bloomberg default risk rating of I think it was about 6.8?. Can any member of the team remember the name of the
company? I understand what this rating is, I just like to remember
the details in the questions and to satisfy my memory.
Thanks very much.
BEN.

Q: Which do you think will have greater growth going forward, BYD.CA or ATD-B?
THANKS. Peter

Q: I need to raise some cash. Could you recommend which 6 of the above list you would sell first. Keeping in mind that I would be rebuying some of those as cash again becomes available.
Thanks for your advice.

Q: I currently own both BYD and PBH and would like to add a third consumer cyclical stock for my LIRA account. Which stock would you recommend? Have 10 years before having to convert to LIRF.
Thanks

Q: Hi group appreciate your views on the top 5 sectors in today new crazy investing world also in order list your top 3 stock picks (list both the preferred sectors + stocks in order of preference ) deduct points as you see fit thanks for your insight. I am a medium risk investor

Q: Hi,

Can you pick 2 of these growth stocks, BYD, BAM, TFII, DII, that you would want to own for the next few years, hopefully with less volatility?

Q: Please comment on earnings

Q: Hi group I see you are not listing GUD / BYD:CA in your must own stocks please explain your views in these 2 stocks (buy ,sell hold Thanks

Q: Why did Byd drop $17.36 or 8.14% last Week?

Q: In a TFSA, with a focus on growth and a timeline that can be 3 years or more. I am fine with high beta and the fact that these are all at, or close to, their 52-week highs.
I have enough cash for a new, full position in just two of these stocks. The only tech I own is LSPD, hence SHOP is not in my list of 5 potentials here.
Based on fundamentals (EPS, P/E, P/B, & ROE), GSY ranks 1st or 2nd on every metric. Which would you like for a second choice that compliments GSY?
Thx.