Q: Which company would you prefer, or would you sell both and take the capital loss? Thanks
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Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
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Alphabet Inc. (GOOG)
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NVIDIA Corporation (NVDA)
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Eli Lilly and Company (LLY)
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Kinaxis Inc. (KXS)
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Shopify Inc. Class A Subordinate Voting Shares (SHOP)
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Atlassian Corporation Plc (TEAM)
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Advanced Micro Devices Inc. (AMD)
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The Trade Desk Inc. (TTD)
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Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD)
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CrowdStrike Holdings Inc. (CRWD)
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Digital Turbine Inc. (APPS)
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Unity Software Inc. (U)
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Topicus.com Inc. (TOI)
Q: Further to Neil's question on May 9, can you list some tech/growth stocks that are looking good at current prices? I would like to start nibbling away with the understanding prices could go lower but with the 30% decline in Nasdaq from high, we must be getting close to the bottom here. Thanks
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Q: Hi Team;
Can I get your take on earnings for TTD, U, RBLX? They are all falling after hours, especially Unity. Is the long term story still in place for these names? Also what are the chances of someone like FB buying out RBLX or Unity? Or..have the US regulators made it pretty much impossible for them to buy anything remotely close to being portrayed as a "monopoly" anymore? With the massive selloffs I kind of am expecting buyouts to start happening all over the place.
Also...speculative question/ rant. This last while one of the only sectors that has been working is the oil sector. Technology has been decimated...with many best in breed names falling to as much as being worth 1/10th of the value they were at a year ago. Yet...all the media has pumped to us the last few years is that "carbon is dead", "green energy is a must". And Looking around our world today all I see is technology advancing more by the day. Last year the media would portray the view that we are in early innings of a "technology revolution" ...with major advancements happening over the next couple decades. Which..with this view is why I positioned my portfolio as such. And now its been cut in half in the last year. For a 10yr plus horizon; would you agree that technology names will recover, and surpass the overall market? And would you see the technology sector the most likely to have the strongest long term growth for the next 10,20 yrs? Or am I wrong in my long term thinking here and are we going back to nothing but pro-oil and bank names? Were technology names priced last year similar to the 2000.com bubble or is there a disconnect now? Speculative question I know. I can see with moves we are seeing in the market today, how investors get "jaded" from investing and pull out of the markets for years, or sometimes for a lifetime. It's frustrating for the average investor.
Shane.
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NVIDIA Corporation (NVDA)
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QUALCOMM Incorporated (QCOM)
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Honeywell International Inc. (HON)
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Guardant Health Inc. (GH)
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Unity Software Inc. (U)
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Upstart Holdings Inc. (UPST)
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Enthusiast Gaming Holdings Inc. (EGLX)
Q: Good morning Ryan, Peter, and Team,
These are some of the stocks in my "growth" basket that have been most decimated in recent weeks. In which order might you sell, or would you suggest staying the course at this stage, given the dramatic share price drops? If selling, where might you move some of the cash for a (hopeful) rebound potential over the next six months? Thanks. Brad
Q: Related to Kevin's question... I own U, CRWD and NVDA in a TFSA and can't capture a tax loss if I were to sell U (I'm down significantly on the position). Would you suggest continuing to hold U in a registered account or selling and moving on to something else (likely increase NVDA holdings)?
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Netflix Inc. (NFLX)
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GDI Integrated Facility Services Inc. Subordinate Voting Shares (GDI)
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Converge Technology Solutions Corp. (CTS)
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CrowdStrike Holdings Inc. (CRWD)
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Unity Software Inc. (U)
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Upstart Holdings Inc. (UPST)
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Roblox Corporation Class A (RBLX)
Q: Thoughts on these quarterly results? Do you still like the long term prospects of these three growth companies?
In general, what are your thoughts on holding growthier names in this current market? It just seems that the risk of holding these positions through earnings outweighs the benefits. For example, if a company meets expectations and maintains guidance, the stock barely moves. However, any miss or lower guidance and the stock easily gets crushed 30-50%, such as NFLX, FB, UPST, RBLX, COIN, etc... Seems a lot of companies are issuing lower guidance because of all the uncertainties. Wouldn't it be better or more prudent to just sell or maybe trim the positions to reflect these risks and re-enter later?
Other growth names I have on deck soon are GSY, WELL, AT, EGLX, LSPD, NVDA, APPS, and CRWD and I'm worried about how investors will react to earnings. Thanks!
Q: Could you please clarify your recent response to Greg on Unity. When you say
"A better market would see this stock rise sharply, but we would be more inclined to be on the sidelines after this report. It was just not good. "
Is this a suggestion to sell an existing position ( registered or non-registered account) ? Or, are you merely suggesting not to buy or add to an existing position at this point ?
Thank you.
Q: Thanks for the Unity answer. How does the weakness in ads for gaming, mobility issues read through to companies like Eglx, at? Won’t they have similar headwinds? Regards greg
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Q: Hi! After this quarter would you sell Unity for a tax loss? Two other growth stocks I own are Crowdstrike and Nvidia. Which stock would you buy with Unity proceeds? Crowdstrike or Nvidia?
My thinking is getting back in at Unity at a later time.
Thanks
Kevin
Q: Please comment on their qtr. and market reaction. When does the company see becoming profitable, costs rising and r and d spending up so no time soon, even with record sales? Regards Greg
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Q: Hi,
I own Unity & Etsy. Both are down more than 60%. Should I keep holding or cut my losses?
Thanks
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Shopify Inc. Class A Subordinate Voting Shares (SHOP)
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Atlassian Corporation Plc (TEAM)
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CrowdStrike Holdings Inc. (CRWD)
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Digital Turbine Inc. (APPS)
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Unity Software Inc. (U)
Q: For the companies listed, do you believe any are at risk of fully going out of business with respect to the current market and recent/anticipated stock pricing effecting their ability to continue to operate? thanks!
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Meta Platforms Inc. (FB)
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NVIDIA Corporation (NVDA)
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Veeva Systems Inc. Class A (VEEV)
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The Trade Desk Inc. (TTD)
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CrowdStrike Holdings Inc. (CRWD)
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Digital Turbine Inc. (APPS)
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Jacobs Engineering Group Inc. (J)
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Unity Software Inc. (U)
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KraneShares Global Carbon Strategy ETF (KRBN)
Q: 5% of my RSP is allocated to a risky/riskier /max growth theme with FB, J, KRBN and NVDA right now. I am looking for 1 or 2 more additions. APPS, U, and CRWD are on my list of considerations. In theory, I could wait 5-10+ yrs for max growth, but knowing my personality, 3-4 yrs is more in line with my expectations. Pls suggest some recommendations (does not have to be from my list) - Thank you.
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Sangoma Technologies Corporation (STC)
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Shopify Inc. Class A Subordinate Voting Shares (SHOP)
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Block Inc. Class A (SQ)
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The Trade Desk Inc. (TTD)
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Converge Technology Solutions Corp. (CTS)
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Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD)
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CrowdStrike Holdings Inc. (CRWD)
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Magnite Inc. (MGNI)
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Unity Software Inc. (U)
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Topicus.com Inc. (TOI)
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TELUS International (Cda) Inc. Subordinate Voting Shares (TIXT)
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Nuvei Corporation (NVEI)
Q: Hi Peter and Staff
In my basket of TECH, I have many losers that you have been high on(not your fault).
I have regretted selling "losers" that recovered sharply and sat on some that the opportunity cost turned out to high.
Are there any in the list above that the risk/reward of hanging on justifies not selling to top up positions in SHOP,TOI and/or CRWD that are also down.
Which order would you sell from the sell list and which order would you buy from the 3 buys
Thanks for all you do
Dennis
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Amazon.com Inc. (AMZN)
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Shopify Inc. Class A Subordinate Voting Shares (SHOP)
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The Trade Desk Inc. (TTD)
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Roku Inc. (ROKU)
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Digital Turbine Inc. (APPS)
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Unity Software Inc. (U)
Q: I own all of these high multiple tech stocks in low quantities in tfsas. No particular concern about timelines. Would you continue to advise holding all of them or would you suggest eliminating one or more for the other? Is there a simple way to compare?
Read AnswerQ: I'm trying to figure out why you were recommending Unity to your readers when it was most overvalued and now that it has fallen, you are less upbeat on the name. While hindsight is always 20-20, it seems to me that your views should have been reversed (discouraging readers from buying a stock that had popped up so much so quickly months ago but now perhaps being more interested in the name at this lower valuation). Do you feel that you were in error when you suggested this name as a pick? It was clearly too frothy over the last 6 months to one year when it was being recommended yet this did not factor into your comments it seems.
Read AnswerQ: I would appreciate your current analysis of this company.
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NVIDIA Corporation (NVDA)
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CrowdStrike Holdings Inc. (CRWD)
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Celsius Holdings Inc. (CELH)
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Unity Software Inc. (U)
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Upstart Holdings Inc. (UPST)
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Affirm Holdings Inc. (AFRM)
Q: Moving money from a poor performer to a better performer, talking about AFRM and U - both I could not find in your database when I tried to search them. I was going to move them to more better performers in the case of CRWD and NVDA. That should be a better place. I am north of 70 so waiting 5 years for these 2 to recover may not be an option here. Another 2 that one day they are up 10% and the next day they are down 10% - CELH and UPST. Are there any issues that have surfaced lately about the four mentioned securities thanks
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Alphabet Inc. (GOOG)
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Illumina Inc. (ILMN)
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Guardant Health Inc. (GH)
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Dye & Durham Limited (DND)
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Unity Software Inc. (U)
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Roblox Corporation Class A (RBLX)
Q: Would you have a good proxy for U:US, DND and GH:US to capture tax losses, I do not need them but I would use them at for the future? If there is no equivalent, please state that as well and I can wait until markets return, whenever that will be.
Thanks for your service!
Q: Crowdstrike seems to be falling a lot more than the market yet being in cyber security I would have thought it might have held up better. Can you comment on that one? I’m also holding unity at a tremendous loss and am wondering if I could have your thoughts on it as well. Thank you.
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