Investment Q&A

Q: Non registered account : I sold a majority of stocks in 2022-2023 in order to convert them into a diversified dividend ETFs portfolio.I though intend to only keep" safe stocks for long term".Please could you rank them in this "safety perspective" , a "hold,buy, or sell" comment would be greatly appreciated,considering the fact that in this case,selling a stock would result in "buying an ETF in the same sector" .Many Thanks for your excellent website ,J-Y

Q: Hello 5i Team,
I'm looking to add another dividend name to my son's portfolio (10+ years timeframe) and am trying to decide between GWO and POW. Both have similar yields. I always thought GWO was the "jewel in the crown" of the POW empire, yet some money managers tend to believe it's best to own the parent company than the subsidiaries. I'm not particularly interested in exposure to IG financial, which would be included in POW. How would you compare these two companies in terms of balance sheet strength, growth, dividend growth and overall safety? Which one would you buy?
Much appreciated,
Brian

Q: I own 5% and 2% positions in SLF and POW respectively. I'm looking to take a 2% position in IFC. Is there enough P&C business to set IFC apart from the others and make the decision to add this stock? i.e. not so much overlap.

With regards to the whole Financial sector, what percentage allocation does 5i see as a sort of maximum?

Regarding the P&C business, I'm wondering if the eventual reliability of self-driving cars will negatively impact IFC's business. Not sure if you have an opinion one way or the other on this.

IFC has had incredible growth. Is the industry still fragmented enough for them to sustain this growth?

Q: These are my current holdings and I am looking forward to 2023. They are held in relatively the same quantities in 5 different accounts, a RRIF, 2 TFSA's and 2 Non registered accounts. I am retired an enjoy the income. Do you see any issues with these holdings or have any suggestions looking forward. The only non dividend holding is AR.
Take any extra credits as necessary. Thank you in advance. Enjoy and appreciate 5i'S help. Happy New Year.

Q: HI,
sorry for the long list. could you just rate these as a buy, sell, or hold right now. I am a long term investor.

Q: The above companies dividend yield is more than 6%. Three of them, BNS, CM, and POW have dropped in price by 20% or higher. BCE has dropped by 8%, and TRP has dropped by 6%. ENB has actually increased in price around 8%. I own all of them. Thinking of adding some Canadian dividend shares. Question is which of these dividends are safe going forward. Can you rank them based on dividend safety. Also, please rank them for potential price gain/loss for 2023. Any other with reasonably good dividend, dividend safety and potential for gain in price.

Q: This is my selection of stocks for steady revenue (and secondarily potential growth) .Since a serious economic crisis is not excluded in my opinion ,I now plan to : 1) only keep Cies at low risk to become out of business and that should maintain dividends, based on their history and financial strength , and to : 2) sell the other stocks to buy ETF instead..

Wich stocks can be "relatively safely" kept at long term for this purpose ?

Q: POWER CORP. stock has been in the doldrums for the past 20 years as the second generation Desmarais family seemed content to basically live off what their father had developed. Now that the third generation is involved we have significant moves with the simplifying of the corporate structure and then the creation of Wealthsimple and also their involvement in tech joint ventures.

When younger, I felt the stock did not offer enough growth for my purposes ; now that I am retired I am looking at it as a solid dividend paying company having a new management with more of a growth oriented focus. Is this an accurate take on Power ? Thanks. Derek

Q: I have an overweight in these 3 insurers, and think it might be wise to fix an underweight in CAD banks, by selling one of these and then adding to my banking exposure. Which one would you sell here (and why) and which Bank(s) would you add? I hold RY, CM, and BNS and was thinking of simply adding to my positions, but can be talked into something else here. Thanks

Q: Can you please provide some information about this company and its ability to weather a potential recession. Seems to be out of favor and drifting lower. Certainly no momentum. Is the dividend safe, is there any growth and does this represent any kind of value? If you can please highlight positives/negatives and if this company could be seen as a long term hold. Thank you!

Q: Ignoring sector, would it make sense to swap POW for ZWH for safety and long term income in a registered account? Thanks.

Q: Please comment on last earning report and give us a forward perspective.

Thank you

Q: In addition to the Income portfolio, please suggest 10 diversified Canadian large cap stocks that should produce a total return of 8% with minimum volatility and a dividend ie no roller coaster ride. Thank you

Q: This week sun life raised its dividend but no raise from mfc or power corp. do you think this will still happen this year . Once again mfc disappoints for the common shareholder

Q: Hello Peter,
I would appreciate your comments on Enerplus results on May 5th. Is Powercorp a good long term hold for dividends and a bit of appreciation? Thanks very much.

Q: Hi Peter
How safe are the dividends for POW and SPB.
based on current prices do you also feel there is an upside for growth

Howard

Q: I am thinking of adding an insurance name in my margin account. Both dividend yield and safety are my criteria. How would you rank these three companies?

Q: The current "supply and confidence" arrangement between the federal Liberal and NDP parties has resulted in the announcement of the intention to establish a national dental plan, for which there are very few specifics, save the $90,000 family income threshold, that this plan is for "Candians lacking dental coverage" (as per CBC report) and that coverage will be provided to Canadians under twelve years of age in this year, to Canadians under eighteen in 2023, with full implementation in 2025.

While it would be an impossible task to truly account for the potential impact to existing dental insurance providers, given the lack of any concrete information regarding levels of funding and range of services to be covered within this policy, could you offer any commentary (significant hedging of opinion is to be expected) on the potential near-term impact to the major players in the Canadian insurance space? Any insights you deem appropriate to share would be most appreciated. As always, I appreciate your candour and I look forward to your response.

Q: In which order would you rate these stocks as the best buy right now in each sector or is there something else in each of these sectors Energy, financial, utilities that you would consider a better buy.

Q: Have held SLF a number of years(registered income producing account), and have a 67% capital gain not counting dividends. I am thinking of taking the profit and re deploying to POW. Rational: higher dividend, trading in the lower/middle of it's 1 year range and analysts giving it more upside potential, more global exposure? (Europe). Do you see this as a reasonable move or am I trading down in quality for the additional yield