Investment Q&A

• Topicus.com Inc. (TOI $190.85)
  • $190.85 P/E (TTM): 101.79X Cap: $24.92B
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• Lumine Group Inc. (LMN $52.71)
  • $52.71 Cap: $13.32B
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Q: Hello Peter,
I recently asked about Topicus and whether i should sell and move onto Lumine Group. You had indicated, given Topicus's valuation, there is no need to sell and move onto Lumine group as the valuation seems to be inline .. I do not want to take a loss but it seems that Lumine group is getting alot of attention. What do you feel is a good entry point for Lumine group as it looks like Topicus maybe just a slow steady stock.. Much appreciated.

Upvote 13

Read Answer Asked by umedali on January 02, 2024

• iShares Russell 2000 Growth ETF (IWO $287.97)
  • $287.97 P/E (TTM): 41.78X Cap: $11.79B
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• iShares U.S. Small Cap Index ETF (CAD-Hedged) (XSU $42.26)
  • $42.26 P/E (TTM): 6.8X Cap: $599M
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• iShares Core S&P Small-Cap ETF (IJR $112.29)
  • $112.29 P/E (TTM): 35.1X Cap: $81.33B
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• iShares S&P U.S. Small-Cap Index ETF (XSMC $30.57)
  • $30.57 P/E (TTM): 4.67X Cap: $44M
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• iShares S&P U.S. Small-Cap Index ETF (CAD-Hedged) (XSMH $27.33)
  • $27.33 P/E (TTM): 4.68X Cap: $20M
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Q: Is there an Canadian ETF that is like IWO and IJR?

Thanks

Upvote 5

Read Answer Asked on January 02, 2024

• iShares Russell 2000 Growth ETF (IWO $287.97)
  • $287.97 P/E (TTM): 41.78X Cap: $11.79B
  • View IWO Profile
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• iShares S&P/TSX SmallCap Index ETF (XCS $24.13)
  • $24.13 P/E (TTM): 15.77X Cap: $157M
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• iShares Russell 2000 ETF (IWM $221.10)
  • $221.10 P/E (TTM): 32.38X Cap: $64.16B
  • View IWM Profile
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Q: Happy New Year everyone!

Can you please update us on your outlook for US Small Caps in 2024? Is it better to invest in US or Canada? A few selected stocks or ETF? If ETF what’s best for top return?

Sorry for all the questions please take as many credits as necessary.

Thanks happy investing!

Upvote 9

Read Answer Asked by Robert on January 01, 2024

• CME Group Inc. (CME $274.69)
  • $274.69 P/E (TTM): 27.64X Cap: $99.09B
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• BlackRock Inc. (BLK $1,088.50)
  • $1,088.50 P/E (TTM): 26.81X Cap: $169.33B
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• goeasy Ltd. (GSY $175.45)
  • $175.45 P/E (TTM): 11.38X Cap: $2.90B
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• KKR & Co. Inc. (KKR $142.59)
  • $142.59 P/E (TTM): 62.19X Cap: $128.50B
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• Arthur J. Gallagher & Co. (AJG $311.84)
  • $311.84 P/E (TTM): 47.57X Cap: $78.94B
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• Galaxy Digital Inc. Class A common stock (GLXY $38.21)
  • $38.21 Cap: $13.02B
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• Interactive Brokers Group Inc. (IBKR $59.93)
  • $59.93 P/E (TTM): 34.24X Cap: $104.80B
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• Brookfield Corporation Class A Limited Voting Shares (BN $89.73)
  • $89.73 P/E (TTM): 240.69X Cap: $149.54B
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• Fiserv Inc. (FI $166.75)
  • $166.75 P/E (TTM): 29.28X Cap: $91.73B
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Q: I have partial psitions in these Financial stocks. Would you add to the Financial sector at this stage? I have full positions in large Canadian banks. Which from my list or any others that you like would you be comfortable adding to full positions. Please rank those that you would be comfortable adding to full positiond today and target buy prices for any others that you still like.
Happy New Year and thanks.
.

Upvote 6

Read Answer Asked by sam on January 01, 2024

• Dollar General Corporation (DG $109.33)
  • $109.33 P/E (TTM): 21.01X Cap: $23.67B
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• Loews Corporation (L $92.12)
  • $92.12 P/E (TTM): 15.14X Cap: $19.14B
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• Walmart Inc. (WMT $96.07)
  • $96.07 P/E (TTM): 40.88X Cap: $763.48B
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• Metro Inc. (MRU $105.41)
  • $105.41 P/E (TTM): 23.62X Cap: $23B
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• Empire Company Limited Non-Voting Class A Shares (EMP.A $56.35)
  • $56.35 P/E (TTM): 18.96X Cap: $13.01B
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Q: I hope you all had a great holiday. This is for when you get a chance.
I am planning trigger a loss by selling DG to help offset all the capital gains that I will have in 2024. Wanting to replace it with WMT, Cost, L, MRU or EMP.A. Looking for net return. Your thoughts please.
Happy New Year.
Ian

Upvote 1

Read Answer Asked by Ian on January 01, 2024

• Amazon.com Inc. (AMZN $226.76)
  • $226.76 P/E (TTM): 37.35X Cap: $2.43T
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• Illumina Inc. (ILMN $99.03)
  • $99.03 Cap: $15B
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• Sea Limited American Depositary Shares each representing one Class A (SE $151.52)
  • $151.52 P/E (TTM): 209.85X Cap: $91.93B
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• TELUS Corporation (T $22.77)
  • $22.77 P/E (TTM): 28.24X Cap: $34.06B
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• Brookfield Renewable Partners L.P. (BEP.UN $37.02)
  • $37.02 Cap: $24.57B
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• Enghouse Systems Limited (ENGH $23.48)
  • $23.48 P/E (TTM): 16.51X Cap: $1.29B
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• Tricon Residential Inc. (TCN $15.34)
  • $15.34 P/E (TTM): 28.0X Cap: $4.50B
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• Aritzia Inc. Subordinate Voting Shares (ATZ $74.73)
  • $74.73 P/E (TTM): 37.84X Cap: $8.57B
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• The Trade Desk Inc. (TTD $80.43)
  • $80.43 P/E (TTM): 97.6X Cap: $39.32B
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• Roku Inc. (ROKU $88.42)
  • $88.42 Cap: $13.44B
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• WELL Health Technologies Corp. (WELL $4.64)
  • $4.64 Cap: $1.16B
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• Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD $17.44)
  • $17.44 Cap: $2.43B
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• Pinterest Inc. Class A (PINS $38.03)
  • $38.03 P/E (TTM): 13.82X Cap: $25.71B
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• Zoom Communications Inc. (ZM $74.78)
  • $74.78 P/E (TTM): 22.48X Cap: $22.53B
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• Airbnb Inc. (ABNB $138.12)
  • $138.12 P/E (TTM): 35.04X Cap: $86.48B
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• Nuvei Corporation (NVEI)
  • Cap: $4.81B
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• Catalyst Pharmaceuticals Inc. (CPRX $20.85)
  • $20.85 P/E (TTM): 13.38X Cap: $2.56B
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Q: I am currently in the negative on T, AMZN, TTD, TCN, NVEI, CPRX, ATZ, ENGH, LSPD, ABNB, WELL, BEP.UN, ROKU, ILMN, SE, PINS, and ZM. I have a 10+ year outlook, however would like to know based on the company and growth potential, what would you Sell or Hold? And if a Hold, please advise your perspective. Thanks!!

Upvote 10

Read Answer Asked by Andrew on January 01, 2024

• Shopify Inc. Class A Subordinate Voting Shares (SHOP $168.34)
  • $168.34 P/E (TTM): 104.34X Cap: $228.06B
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• Galaxy Digital Inc. Class A common stock (GLXY $38.21)
  • $38.21 Cap: $13.02B
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Q: Trying to decide which of the two would have better long term upside. If one could only chose one of these for a 10 year hold, what would it be and why?

Upvote 15

Read Answer Asked by Chris on December 29, 2023

• Purpose High Interest Savings Fund (PSA $50.09)
  • $50.09 Cap: $3.19B
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• High Interest Savings Account ETF (HISA)
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Q: Morning 5i;
If you have for an example $50K in a PSA or HISA account and you have that same amount on the 30th of the month ie x-dividend date you will get the full amount of the interest payment the next month a few days later . My question is if you had of taken out say $5k after the first two weeks of the month say the 15th , do you receive any interest payment on that $5k for the first 15 days that it was in the account OR do you only receive an interest payment based on whats in the account on the 3oth ?
Thanks
Bill C

Upvote 5

Read Answer Asked by Bill on December 29, 2023

• Enbridge Inc. (ENB $61.51)
  • $61.51 P/E (TTM): 22.88X Cap: $133B
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• TC Energy Corporation (TRP $65.10)
  • $65.10 P/E (TTM): 15.57X Cap: $67.42B
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Q: I sold TRP for tax loss selling and used ENB for proxy as you recommended.
I am seeing that TRP is rising much faster than ENB.
Is there any reason for this disproportional rise of TRP vs ENB .
Thank you

Upvote 10

Read Answer Asked by Terry on December 29, 2023

• Agnico Eagle Mines Limited (AEM $169.54)
  • $169.54 P/E (TTM): 25.1X Cap: $84.41B
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• B2Gold Corp. (BTO $4.72)
  • $4.72 Cap: $6.23B
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Q: Between AEM and BTO which stock would you buy for one year hold?

Upvote 5

Read Answer Asked by JOHN on December 29, 2023

• MEG Energy Corp. (MEG $26.51)
  • $26.51 P/E (TTM): 11.39X Cap: $6.75B
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• Yangarra Resources Ltd. (YGR $1.04)
  • $1.04 P/E (TTM): 4.73X Cap: $104M
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Q: What energy company would you suggest at today's value- YGR, MEG or another name?

Don

Upvote 8

Read Answer Asked by Don on December 29, 2023

• Restaurant Brands International Inc. (QSR $95.70)
  • $95.70 P/E (TTM): 23.44X Cap: $42.87B
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• North West Company Inc. (The) (NWC $47.56)
  • $47.56 P/E (TTM): 16.9X Cap: $2.26B
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• A&W Revenue Royalties Income Fund (AW.UN $36.93)
  • $36.93 P/E (TTM): 17.7X Cap: $538M
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• Brookfield Asset Management Ltd. Class A Limited Voting Shares (BAM $81.59)
  • $81.59 P/E (TTM): 43.81X Cap: $132.81B
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Q: I am planning towards retirement within 5- 10 years and would like to transition my TFSA from growth oriented to dividend paying stocks to supplement my income upon retirement.

Can you suggest dividend paying stocks with min 3% yield with history of dividend growth. Thank you

Upvote 12

Read Answer Asked by Mario on December 29, 2023

• Block Inc. Class A (SQ)
  • P/E (TTM): 59.56X Cap: $53.89B
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• StoneCo Ltd. (STNE $13.83)
  • $13.83 Cap: $3.65B
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• PagSeguro Digital Ltd. Class A (PAGS $8.08)
  • $8.08 Cap: $2.77B
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Q: How would you rank these in terms of their a) upward mobility
B) risk of bankruptcy/price decline
Thanks! Happy New Year
David

Upvote 4

Read Answer Asked by David on December 29, 2023

• Alcoa Corporation (AA $31.34)
  • $31.34 P/E (TTM): 8.11X Cap: $8.02B
  • View AA Profile
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• Rio Tinto Plc (RIO $63.48)
  • $63.48 P/E (TTM): 8.78X Cap: $77.81B
  • View RIO Profile
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• Valmont Industries Inc. (VMI $340.66)
  • $340.66 P/E (TTM): 19.53X Cap: $6.62B
  • View VMI Profile
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• Reliance Inc. (RS $343.49)
  • $343.49 P/E (TTM): 23.9X Cap: $17.82B
  • View RS Profile
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Q: Peter; I’ve gone over your previous answers on AA and obviously it’s not your fav- but I’m just looking at the 5 year chart and see it maybe bottomed- 5 year high up in the $90’s - won’t it participate with a declining USD ? Your thoughts please. Just a small flyer .

Thanks.
Rod

Upvote 2

Read Answer Asked by Rodney on December 29, 2023

• North American Construction Group Ltd. (NOA $20.91)
  • $20.91 P/E (TTM): 16.12X Cap: $584M
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Q: Can you provide an updated outlook for this name.Also do you know the percentage os shares held by insiders.What do you think of its current valuation?

Upvote 1

Read Answer Asked by Kim on December 29, 2023

• Yangarra Resources Ltd. (YGR $1.04)
  • $1.04 P/E (TTM): 4.73X Cap: $104M
  • View YGR Profile
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• Saturn Oil & Gas Inc. (SOIL $2.20)
  • $2.20 P/E (TTM): 2.54X Cap: $431M
  • View SOIL Profile
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• TELUS International (Cda) Inc. Subordinate Voting Shares (TIXT $5.31)
  • $5.31 Cap: $1.46B
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• Quipt Home Medical Corp. (QIPT $2.81)
  • $2.81 Cap: $119M
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Q: What are pros/cons of each of these, any multi-bagger here? Please take as many credits as necessary. I plan to make a purchase or two soon.

Upvote 2

Read Answer Asked by Chris on December 29, 2023

• Philip Morris International Inc (PM $168.84)
  • $168.84 P/E (TTM): 37.14X Cap: $280.92B
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• TMX Group Limited (X $57.22)
  • $57.22 P/E (TTM): 35.08X Cap: $15.79B
  • View X Profile
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• Toromont Industries Ltd. (TIH $129.35)
  • $129.35 P/E (TTM): 21.31X Cap: $10.36B
  • View TIH Profile
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• Thomson Reuters Corporation (TRI $277.76)
  • $277.76 P/E (TTM): 43.86X Cap: $125.37B
  • View TRI Profile
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• Brookfield Asset Management Inc Class A Limited (BAM $59.54)
  • $59.54 P/E (TTM): 43.81X Cap: $97.06B
  • View BAM Profile
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Q: HI 5i
For my RRSP which two would you pick today, I own BN. would you buy BAM ?

thank you
Happy new years!

Upvote 10

Read Answer Asked by Fernando on December 29, 2023

• Bank of Montreal ZC SP ETN REDEEM 08/01/2038 USD 50 (FNGS $64.66)
  • $64.66 Cap: $487M
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Q: Please help me understand what are Exchange Traded Notes? Is it OK to invest in this ETN for 3 to 5 years?

Thanks,

Upvote 6

Read Answer Asked by vipin on December 29, 2023

• Taiwan Semiconductor Manufacturing Company Ltd. (TSM $232.72)
  • $232.72 P/E (TTM): 31.25X Cap: $1.23T
  • View TSM Profile
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• VanEck Vectors Semiconductor ETF (SMH $284.05)
  • $284.05 P/E (TTM): 59.31X Cap: $27.34B
  • View SMH Profile
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Q: Is it true that all semis essentially come from Taiwan (almost as dumb as nearly all North American oil refinery is done in Texas))?

If so, what will happen to SMH ETF after China takes over Taiwan?

Seasons Greetings and thanks for this super duper service.

Upvote 1

Read Answer Asked by Danny-boy on December 29, 2023

• ON Semiconductor Corporation (ON $61.23)
  • $61.23 P/E (TTM): 42.17X Cap: $25.30B
  • View ON Profile
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Q: What is your opinion of ON semiconductor after its recent price drop. Is a screaming buy at these price levels. Thanks for your expertise.

Upvote 2

Read Answer Asked by Ian on December 29, 2023