Investment Q&A

Q: I am looking to "trim the fat" from my TFSA, which currently holds 20 stocks: ATD, BCE, BMO, BNS, CCO, CM, ENB, FFH, PDYPF, INO.UN, LAS, NXE, NWC, NA, NTR, PEY, PZA, MJJ, TRP, WELL. Are there any positions that raise red flags with you? In addition, could you suggest 3 or 4 value picks suitable for a long-term hold (20 years plus)?
Thank you!

Q: I am looking for an actively managed emerging market and developed market (without the US) etf trading in the US exchanges. Do you have any suggestion?

Q: Hi 5i team,
For my RRSP, I would like to invest in a developed Europe ETF. In your opinion, giving the fallout of the pandemic, would it better to invest in a broad index ETF like VE or a concentrated blue chips index like HXX? Which is your favorite developed Europe ETF for C$ RRSP? Which is your favorite Asia ETF (excluding Japan)? Thanks.

Q: Why do some stocks not have an options market? Are they not missing out on the benefits of those that do?

Q: Hello 5i team. LSPD is trading at a high TTM revenue multiple in the 60s whereas SQ is trading closer to 13x revenue. Can you please compare the two and talk through pros and cons for both. Why would you favour one over another if you do.

Q: Hi 5i,

I own Lightspeed and I am very happy with it, but I struggle to understand the valuation. Closing in on $100 a share which is an $11B market cap. Is the stock getting ahead of itself. Its tough not to take a double in a stock price in 2 months when there's a huge disconnect in valuation. They've made a couple of acquisitions and launched this new supply chain system, but they went from a $4B market cap to $11B in short order and are up 547% since the March lows. I'm itching to sell!! :)

Jason

Q: Could you please give me the percentage amounts allocated to each of the 13 ETF’s in the Growth ETF portfolio. I am setting this fund up in my son’s TFSA account. Thank you, Rick

Q: what is your opinion about slate reit? Please comment on the safety of the dividend, the POR and potential growth

Q: Hi there, Happy New Year to the 5i gang.

I noticed a fair amount of insider buying on SPB , almost all of which being bought by Marquard and Bahls AG, do you know (or think) this company is merely making a large investment here or are they possibly making a creeping takeover of SPB, similar to what Brookfield does in some cases? It seems their buying is what is mostly triggering recent price gains recently.
thanks and cheers Tom

Q: Hi Team, Wondering if you could please suggest a good
ETF for growth - Canada and US.
Also a good ETF for Dividends - Canada and US.
This is for RRSP account.
Thanks

Q: What are your thoughts on Appian, Blackline, Datadog, and Zoom from a balance sheet, growth potential and management? Could you rank in terms of growth potential in the next 5-10+ years? Thanks.

Q: 5i Team,
I currently have a 30% loss on in a non registered account. Is a hold or sell for tax loss at this time.


Regards,
Mike

Q: Methanex is tanking, do you know why ?

Q: ATD.B is by far my largest holding in my portfolio. I have owned it since the early 1990's. If it was not my large holding I would be a buyer of ATD.B today. An alternative is to buy call options. What do you think of this strategy and which call option would you recommend?

Q: Hi,

I just purchased ATD.B at $42 thinking I was getting a good price. I guess not. I started with a 3% position so I still have room to add. Would you add on this news? It seems that this French grocer operates a number of convenience stores and has a footprint in Asia. Could this be a reason for the acquisition? Not sure why make a pitch for the whole Company if only parts of it are strategic to ATD.B.

Thanks,
Jason

Q: Hi 5i,
I have held BTO for some time in a RRSP & up ~9% and like this company for gold exposure. Noticed it continues to sell off causing the dividend % to look more attractive in a Non-Registered Account. My question is would BTO be better in Non-Registered Account to collect the dividend tax credit and leave the option open for a tax loss selling if BTO continues to slide. In past market corrections I always would have rather had cash sitting in a Registered Account vs non-registered since tax losses are non-applicable and it takes so long to earn back any booked registered losses. To be safe should I sell the gain off in the register account & wait the full 2 days to settle prior to rebuying in a non-registered account (want to ensure I do not disqualify any possible future tax losses).

Q: Hi 5i,
Is QSR a buy at this point in the market or can you recommend a better dividend payer in the same sector? I sold QSR in a register account with a very small profit to move the dividend to a non-registered account (still have not rebought yet since its dropping).

Q: please explain the cve.wts

Q: HI,

PYR announced preliminary results for Q4 and FY....
"Based on preliminary financial information, and subject to year-end closing adjustments, PyroGenesis expects revenue for the fourth quarter 2020 to be between $3 - $5 million, resulting in total revenues for the fiscal year ending 2020 of approximately $14 - $16 million, as compared to $1.07 million (Q4 2019) and $4.8 million (FY 2019), respectively.
The Company also expects earnings per share (“EPS”) for the fourth quarter to be in the range of $0.10 - $0.12, and for the fiscal year ending 2020 of between $0.22 - $0.24 , as compared to a loss of $0.04 (Q4 2019) and a loss of $0.07 (FY2019), respectively."

Quarter over quarter numbers ie Q3 vs Q4 are reduced but YoY quarters and FY are vastly improved. I know their quarterly numbers can be lumpy (based on contracts completed) but the FY growth is impressive.
Would you continue to just watch this for now and see if they can expand their customer count and thus also expand their backlog? Or take a 1/3 initial position?
(Motley Fool did a piece indicating any (quarterly) reduced revenues could spark a sell off).

Cheers,
Steve

Q: What do you think the chances are of an improved offer from here for BPY. I’m considering selling my position for a small loss and buying BBU. I do realize they they are different types of business. Thanks