Investment Q&A

• Freeport-McMoRan Inc. (FCX $41.23)
  • $41.23 P/E (TTM): 30.66X Cap: $59.19B
  • View FCX Profile
  • View Questions on FCX
• Stella-Jones Inc. (SJ $78.85)
  • $78.85 P/E (TTM): 13.18X Cap: $4.35B
  • View SJ Profile
  • View Questions on SJ
  • View Reports on SJ
• Nutrien Ltd. (NTR $80.87)
  • $80.87 P/E (TTM): 182.82X Cap: $39.29B
  • View NTR Profile
  • View Questions on NTR
• Linde plc (LIN $450.08)
  • $450.08 P/E (TTM): 32.0X Cap: $211.04B
  • View LIN Profile
  • View Questions on LIN
• Reliance Inc. (RS $273.74)
  • $273.74 P/E (TTM): 19.85X Cap: $14.39B
  • View RS Profile
  • View Questions on RS

Q: I have no exposure to Materials or Utilities right now in our RRSP. All other sectors are well represented. What stocks would be your preferred in Canada and/or the US in those sectors? Thinking of NTR or SJ maybe in Canada and perhaps LIN in the US. Maybe FTS or BIP for utilities.Thoughts?

Upvote 0

Read Answer Asked by Gerry on May 09, 2023

• Park Lawn Corporation (PLC $26.48)
  • $26.48 Cap: $904M
  • View PLC Profile
  • View Questions on PLC
  • View Reports on PLC
• BCE Inc. (BCE $33.39)
  • $33.39 P/E (TTM): 73.13X Cap: $31.13B
  • View BCE Profile
  • View Questions on BCE
• Sun Life Financial Inc. (SLF $85.85)
  • $85.85 P/E (TTM): 15.73X Cap: $48.79B
  • View SLF Profile
  • View Questions on SLF
  • View Reports on SLF
• Restaurant Brands International Inc. (QSR $94.31)
  • $94.31 P/E (TTM): 25.63X Cap: $42.91B
  • View QSR Profile
  • View Questions on QSR
• A&W Revenue Royalties Income Fund (AW.UN $36.93)
  • $36.93 P/E (TTM): 17.7X Cap: $538M
  • View AW.UN Profile
  • View Questions on AW.UN
  • View Reports on AW.UN
• Terminix Global Holdings Inc. (TMX)
  • P/E (TTM): 83.56X Cap: $4.60B
  • View TMX Profile
  • View Questions on TMX

Q: PLC has gone sideways this ytd compared to most of my holdings that have moved back up. It is one of my smaller holdings so wondering if it is a good time to top it up to a full position or move on to other names in the income portfolio with higher yields, likely split in BCE, TMX and SLF.

Upvote 0

Read Answer Asked by Tom on May 09, 2023

• Molson Coors Canada Inc. Class B Exchangeable Shares (TPX.B $64.75)
  • $64.75 P/E (TTM): 9.19X Cap: $12.80B
  • View TPX.B Profile
  • View Questions on TPX.B

Q: You haven't had a look at this one since 2019. Has your take changed since then? It certainly seems to be enjoying a lot of interest so far this year.

Upvote 0

Read Answer Asked by John on May 09, 2023

• Brookfield Corporation Class A Limited Voting Shares (BN $63.59)
  • $63.59 P/E (TTM): 104.56X Cap: $142.66B
  • View BN Profile
  • View Questions on BN

Q: My understanding is that BN’s price / book value is roughly as low as it was in 2002, 2009 and 2011. Is this the best historic valuation metric? How does today’s yield compare to its dividend yield range in the past ?

Upvote 0

Read Answer Asked by James on May 09, 2023

• Fortis Inc. (FTS $72.26)
  • $72.26 P/E (TTM): 21.43X Cap: $36.39B
  • View FTS Profile
  • View Questions on FTS
• Emera Incorporated (EMA $69.06)
  • $69.06 P/E (TTM): 23.46X Cap: $20.66B
  • View EMA Profile
  • View Questions on EMA
• Brookfield Infrastructure Corporation Class A Exchangeable Subordinate Voting Shares (BIPC $62.44)
  • $62.44 Cap: $8.24B
  • View BIPC Profile
  • View Questions on BIPC
• Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC $55.36)
  • $55.36 Cap: $20.48B
  • View BEPC Profile
  • View Questions on BEPC

Q: I have no utilities in my RRSP portfolio at this time. What are you preferred utilities in order of preference to buy now for total return (dividend and potential growth)? Any preferences among these that I'm thinking about being Fortis (FTS.TO / FTS), Emera (EMA.TO), Brookfield Infrastructure (BIPC.TO), Brookfield Renewable (BEPC.TO)?

Upvote 0

Read Answer Asked by Gerry on May 09, 2023

• Booking Holdings Inc. (BKNG $5,093.47)
  • $5,093.47 P/E (TTM): 36.47X Cap: $165.07B
  • View BKNG Profile
  • View Questions on BKNG
• Freeport-McMoRan Inc. (FCX $41.23)
  • $41.23 P/E (TTM): 30.66X Cap: $59.19B
  • View FCX Profile
  • View Questions on FCX

Q: What are your favorite cyclical stocks that you may start to build a position in at this time?

Upvote 0

Read Answer Asked by Gerry on May 09, 2023

• Loblaw Companies Limited (L $58.48)
  • $58.48 P/E (TTM): 7.27X Cap: $69.52B
  • View L Profile
  • View Questions on L

Q: I thought I saw that Loblaw is buying some green energy assets in Alberta from TRP. How bizarre is that? Is this an attempt to appear more ESG compliant? Your thoughts please.

Upvote 0

Read Answer Asked by Ian on May 09, 2023

• Atlassian Corporation (TEAM $165.01)
  • $165.01 Cap: $43.28B
  • View TEAM Profile
  • View Questions on TEAM
• Axcelis Technologies Inc. (ACLS $84.36)
  • $84.36 P/E (TTM): 16.65X Cap: $2.60B
  • View ACLS Profile
  • View Questions on ACLS
• TopBuild Corp. (BLD $449.66)
  • $449.66 P/E (TTM): 21.88X Cap: $12.65B
  • View BLD Profile
  • View Questions on BLD

Q: Hello, Could I get your thoughts on the recent earnings for these three companies? Any concerns? Would you add at these levels? Thanks,

Upvote 0

Read Answer Asked by Doris on May 09, 2023

• VIQ Solutions Inc. (VQS $0.19)
  • $0.19 Cap: $10M
  • View VQS Profile
  • View Questions on VQS

Q: Your opinion on vqs? My son wants to purchase the stock. Is now the time to invest in natural gas and oil positions? Your top three picks for oil and natural gas would be appreciated.

Upvote 0

Read Answer Asked by kenneth on May 09, 2023

• Kenvue Inc. (KVUE $15.09)
  • $15.09 P/E (TTM): 20.25X Cap: $28.95B
  • View KVUE Profile
  • View Questions on KVUE

Q: What does your crystal ball say about this spin off company?

Upvote 0

Read Answer Asked by Christopher on May 09, 2023

• Booking Holdings Inc. (BKNG $5,093.47)
  • $5,093.47 P/E (TTM): 36.47X Cap: $165.07B
  • View BKNG Profile
  • View Questions on BKNG
• Lowe's Companies Inc. (LOW $243.87)
  • $243.87 P/E (TTM): 19.98X Cap: $136.76B
  • View LOW Profile
  • View Questions on LOW
• Philip Morris International Inc (PM $157.70)
  • $157.70 P/E (TTM): 29.76X Cap: $245.47B
  • View PM Profile
  • View Questions on PM
• Crocs Inc. (CROX $85.15)
  • $85.15 P/E (TTM): 22.38X Cap: $4.65B
  • View CROX Profile
  • View Questions on CROX
• Extra Space Storage Inc (EXR $150.81)
  • $150.81 P/E (TTM): 33.06X Cap: $32B
  • View EXR Profile
  • View Questions on EXR
• Axos Financial Inc. (AX $78.83)
  • $78.83 P/E (TTM): 10.63X Cap: $4.45B
  • View AX Profile
  • View Questions on AX
• Perion Network Ltd (PERI $9.48)
  • $9.48 Cap: $426M
  • View PERI Profile
  • View Questions on PERI
• Airbnb Inc. (ABNB $127.35)
  • $127.35 P/E (TTM): 31.02X Cap: $79.13B
  • View ABNB Profile
  • View Questions on ABNB
• Lantheus Holdings Inc. (LNTH $56.52)
  • $56.52 P/E (TTM): 15.23X Cap: $3.84B
  • View LNTH Profile
  • View Questions on LNTH

Q: I am looking to build a concentrated US equity portfolio. Could you please identify your favs [greater than 5% allocation] for each of Income, Balanced and Growth portfolios [and, if possible for Quality portfolio].
Thank you.

Upvote 0

Read Answer Asked by sam on May 09, 2023

• Livent Corporation (LTHM)
  • P/E (TTM): 3.41X Cap: $2.96B
  • View LTHM Profile
  • View Questions on LTHM

Q: Looking for an updated view of LTHM.

Upvote 0

Read Answer Asked by Jim on May 09, 2023

• Martinrea International Inc. (MRE $10.36)
  • $10.36 Cap: $754M
  • View MRE Profile
  • View Questions on MRE

Q: Can you comment on the earnings released last night. I read that it was in-line with forecasts, but the share price drop of 11% sure does not show that.

Thanks

Upvote 0

Read Answer Asked by Tom on May 09, 2023

• AbbVie Inc. (ABBV $228.25)
  • $228.25 P/E (TTM): 109.42X Cap: $403.21B
  • View ABBV Profile
  • View Questions on ABBV
• NextEra Energy Inc. (NEE $83.25)
  • $83.25 P/E (TTM): 28.97X Cap: $171.43B
  • View NEE Profile
  • View Questions on NEE
• Pfizer Inc. (PFE $24.67)
  • $24.67 P/E (TTM): 13.15X Cap: $140.26B
  • View PFE Profile
  • View Questions on PFE
• Williams Companies Inc. (The) (WMB $58.93)
  • $58.93 P/E (TTM): 31.39X Cap: $71.96B
  • View WMB Profile
  • View Questions on WMB
• National Grid Transco PLC PLC (NEW) American Depositary Shares (NGG $76.70)
  • $76.70 P/E (TTM): 18.77X Cap: $75.84B
  • View NGG Profile
  • View Questions on NGG

Q: Is NGG currently good value? Can you recommend other similar quality dividend paying alternatives?

Upvote 1

Read Answer Asked by David on May 09, 2023

• Exchange Income Corporation (EIF $77.34)
  • $77.34 P/E (TTM): 30.38X Cap: $3.97B
  • View EIF Profile
  • View Questions on EIF
• Brookfield Global Infrastructure Securities Income Fund (BGI.UN $6.48)
  • $6.48 P/E (TTM): 18.29X Cap: $114M
  • View BGI.UN Profile
  • View Questions on BGI.UN
• Dividend 15 Split Corp. Class A Shares (DFN $6.97)
  • $6.97 P/E (TTM): 11.98X Cap: $836M
  • View DFN Profile
  • View Questions on DFN
• Canoe EIT Income Fund (EIT.UN $15.42)
  • $15.42 Cap: $2.44B
  • View EIT.UN Profile
  • View Questions on EIT.UN
• Enbridge Inc (ENB $47.18)
  • $47.18 P/E (TTM): 23.46X Cap: $102.86B
  • View ENB Profile
  • View Questions on ENB
• abrdn Global Premier Properties Fund of Beneficial Interest (AWP $3.93)
  • $3.93 P/E (TTM): 35.12X Cap: $331M
  • View AWP Profile
  • View Questions on AWP
• BCE Inc. (BCE $23.86)
  • $23.86 P/E (TTM): 73.13X Cap: $22.25B
  • View BCE Profile
  • View Questions on BCE

Q: I have these stocks in my TFSA and most are doing okay. I have some extra cash to use to either beef up or buy another stock or ETF. I’m an income investor with also an interest in growth. Any suggestions would be appreciated. Thanks in advance. I appreciate your work immensely.

Upvote 0

Read Answer Asked by Deidra on May 09, 2023

• Topicus.com Inc. (TOI $144.50)
  • $144.50 P/E (TTM): 68.47X Cap: $12.19B
  • View TOI Profile
  • View Questions on TOI
  • View Reports on TOI
• TELUS International (Cda) Inc. Subordinate (TIXT $4.34)
  • $4.34 Cap: $1.20B
  • View TIXT Profile
  • View Questions on TIXT

Q: I am currently down about 25% on Telus International. Would you support selling Telus International and purchasing Topicus?

Thanks for the great support.

Upvote 0

Read Answer Asked by Lynda on May 09, 2023

• Progressive Corporation (The) (PGR $220.59)
  • $220.59 P/E (TTM): 12.54X Cap: $129.31B
  • View PGR Profile
  • View Questions on PGR

Q: I have a position in PGR. Stock has not well after it reported. Long term
it had performed well. Should I add to my position for long term.
Thank You

Upvote 0

Read Answer Asked by Al on May 09, 2023

• Perion Network Ltd (PERI $9.48)
  • $9.48 Cap: $426M
  • View PERI Profile
  • View Questions on PERI

Q: Hi Peter and team,

Can I get your thoughts on the latest results from PERI? Does the long term outlook continue to look bright as a long term investment?

Thanks for great service,
Angelo

Upvote 0

Read Answer Asked by Angelo on May 09, 2023

• Open Text Corporation (OTEX $54.59)
  • $54.59 P/E (TTM): 23.69X Cap: $13.88B
  • View OTEX Profile
  • View Questions on OTEX

Q: Hi There,

Please comment on earnings report today and whether it’s a buy around todays price.

Thanks!

Upvote 0

Read Answer Asked by Robert on May 09, 2023

• Topicus.com Inc. (TOI $144.50)
  • $144.50 P/E (TTM): 68.47X Cap: $12.19B
  • View TOI Profile
  • View Questions on TOI
  • View Reports on TOI

Q: Hello Peter,
Any idea why Topicus is not moving the needle much on the upside given the decent results? The number of shares traded is quite low as well. Any comments would be appreciated. Thanks very much

Upvote 0

Read Answer Asked by umedali on May 09, 2023