Investment Q&A

Q: Hi,

Now that the IPO has come out and the feeding frenzy pushed the stock to approx $71 on day one, it has retraced quite a bit from that one day high but still double the IPO price today (Dec 15). I will wait for this one to settle a bit more in the next several weeks but just curious what you think a fair entry price range would be given they are already profitable vs several other recent IPO's in the same space or other space for that matter? Or should one wait for the outcome of phase 2 and 3 trials before dipping their toes in on this one? I would only initiate a 1/3 position.
I realize the euphoria right now is around covid but longer term they seem to have a unique product/platform that could be applicable elsewhere, ie AbCellera and Invetx Expand Multi-Year Antibody Discovery Collaboration in Animal Health.

Cheers....

Q: I have been holding STLC for a while and pleased with its forward movement ...now the dilemma , when to sell. Is it one to keep for a while as an infrastructure play. Thank you.

Q: Retired, dividend-income investor. I'd like to rebuild my position in Leon's.

When I look at the Fundamentals (P/E, P/BV, P/CF, P/S, ROE, Beta), they all lead me to just buy it at today's current level of roughly $20.

However, when I look at the Technicals, especially when one overlays the 50 mda and the 200 mda, a completely different conclusion is reached. The chart shows that very single time the 50 gets way ahead of the 200 (as it is today), that it retreats a couple of dollars.

This leads me to believe that a better entry point, instead of todays $20 level, is in the $18.00 to $18.50 range. But...doesn't this logic approach "market timing"?

Bill Harris on BNN just gave LNF a very strong endorsement and suggested if all of the stars aligned (my words), that a target of $25-30 was not out of line. He indicated their FCF was bordering on "absurd"...$250-300 million.

Please help me sort through the mire of Fundamentals vs Technicals vs Market timing and point me in the right direction.

Thanks...much appreciated, Steve

Q: Rightly or wrongly, I believe a market downturn is coming with negative rates a possibility. I have raised cash by selling many of my equities. I'm not confident in the health of the corporate bond market but was wondering if you can suggest a government bond fund/ETF (US and/or Canadian government) or other government fixed income strategy that may benefit from negative rates?

Q: Looking to add some above gold/miners to my TFSA. Of the companies listed above please rank strongest to weakest and are there any above that you would add/delete? My RRSP holds FNV (full position). Is it best to hold these companies in Canadian or US in the TFSA?
Please deduct as many points as required.
Thanks, Lexi

Q: Peter and Ryan. First off I want to thank you both for the incredible service you have provided over the years. You have been instrumental in the success of a lot of my investments. 5 years from retiring and my portfolio looks awesome. Just wanted to provide some feedback and where you see5I going forward. When I first joined many years ago the question forum was very Canadian focused. It allowed us to hear about some amazing small mid cap Canadian companies. More recently (as I suspect membership has grown) many of the questions are around US companies. As much as I enjoyed hearing about the odd interesting US stock it makes for a very busy and unfocused question forum. Wondering if you would consider.
1. Two separate question forums. One for CDN and one for US
2. Creat a US based model portfolios. Income, balanced and growth

I for one would be happy to pay for a separate US based 5I membership fee. Im not sure if this will conflict with your new position Hedge Fund management role. Please do not take this as criticism, only feedback as I greatly value your opinions

Many thanks. Chris

Q: Hi 5i,
Currently continuing to hold AMC. Given the latest news about running out of cash and bankrupty concerns etc what would happen to share price in the event that they are forced to seek bankruptcy protection. Does it go to zero?
Do you think its worth continuing to hold at this point?
Thanks
Jim

Q: What do you think is the best way to invest in bitcoin stocks and which do u like best Can u explain the risks and rewards of the companies. Thank you. Wishing you a beautiful Christmas & holiday time.

Q: Enjoyed your article on year end tax selling,i picked the 9 stocks with the greatest estimated revenue growth for 2021 of these 9 could you pick your top 5 which have the best chance of a turnaround for 2021, could you rank them for growth and risk, thank you use extra credits if needed

Q: Can you please rate these stocks for growth over the next two years and possibly throw in a couple more choices you prefer. Thanks

Q: I’m not sure If this is in your database. Just wondering if you knew of this company, and what you thought of it? It does appear to be connected to medical cannabis. I am somewhat hesitant and have avoided cannabis stocks for the most part. It seems to have gotten a lot of attention lately. I’m just wondering if it’s one I should just watch for a bit more before taking the small position.
Thanks
John

Q: Hi
A quick question.
I know BMO/ishares have equivalent ETFs to VBAL/VEQT/VGRO.
Are there any equivalents to these all in one ETFs offered US ETF companies?.
Vanguard's US site doesn't show any.
Any one else in the States offering all in one ETFs?
I am hoping if they do offer, their fees will be lower than the Vanguard's here in Canada.
Thanks.

Q: According to Portfolio Analytics, I'm underweight in Industrial, Consumer Defensive, Utilities and Energy. Can you please give me three names to consider in each category? I'm also overweight in North America so, to the extent that there are good international names in these categories, please include them. I have a fairly long investment horizon: 5 years until my children hit post-secondary and 20-30 years before retirement.
Thanks.

Q: Why the big jump with Sangoma recently?

Q: Hi 5i,
I had seen a report you produce earlier this year listing the companies that cut their dividends. I thought you were going to update it regularly. I am having difficulty locating it in the website. Would you please provide the path to it. Thanks

Q: Hi

Your recent answer to Steven on December 08 2020 appears to favor EDGE. (Not able to pull this symbol on your database yet. Comes up as Edge therapeutics)
I also know that ARKK is one of your favorites through your answers to others' questions.
Now that AUM is going up with EDGE, and their lower fees (50% less than ARKK) would you say EDGE for a 2% initial position and for adding a little bit more if there is a correction is reasonable?
I am bit surprised that a Canadian ETF company offers an all in ETF for a lower fees compared to its US counterparts. How do they do it?!!

Q: This company was first brought to my attention by an employee of People Corp, stock was .44 when I first looked, pretty sure I asked the first question ever in this forumn. I watched it for a while, bought in as business and liquiditiy improved, adding to my holdings a few times as I felt more comfortable. Didnt take too long and more than once it ran to a 10% position in my portfolio, so I trimmed it back. Yesterday I sold all my shares for a very nice gain. My point, how you manage your positions is just as , perhaps more important as finding good stocks to buy. Thanks for that!

Q: Hello 5i, Seasons greetings!

Is there a lock up that expires in the next couple of months for this stock?

Do you see it as profitable or more so when compared to BKNG?

Thank you.

Q: Which Canadian bank do you think is the best one to buy?

Q: The average P/E of my stock and ETF portfolio (63) reflects the tech/momentum binge I've been on since Spring 2020. I'm considerably overweight in tech yet I'm finding it difficult to jettison or trim any of my names in that sector. Can you please help by identifying 5 of these that you're less bullish on compared to the others? I have a reasonably long investment horizon and good risk tolerance (5 yrs until my children's post-secondary education and ~20 until retirement). Thanks again.