Investment Q&A

Q: Hello 5i Research team,
My question relates to your answer to a recent question from “dave” about “must own”. Could you conceptually define what a “must own” company? They are probably the foundation of a stock portfolio; each of these companies should be kept to a full position throughout the economic cycle. That’s where it gets interesting, because your list included GSY and GIL.
As a long term owner of GSY (thank you 5i), I would tend (if capable) to overweight (let it run) during the most favorable portion of the economic cycle, but to underweighted it when the credit cycle deteriorate. Would you agree?
About GIL, but not specifically about GIL: when a situation such as what happened to GIL recently would happened about one of these selected companies, would you almost automatically buy the dip to increase back the position to a full position, and think about medium and long term? Would you agree?
Thank you for your collaboration, Eric

Q: Hi 5i team,
These two stocks, which are in the Balance portfolio, had a lot of happenings in the past few days. GIL posted negative news while GUD posted positive news. Is it a good time to initiate a 4% position in one or both stocks ? Would it be prudent to add to these two stocks right now, or better to wait till the dust settles.
Thanks

Q: Have you been able to gather any more information about the Gildan annoucement that was recently announced?

Q: GIL is on my add to holdings at next opportunity to align with the 5i portfolio. Is today the day to do it with the drop? I assume this is greatly Trump China trade related so who knows how it will go. CAE and BYD.un are also on my buy at next opportunity list would you prefer one of those...

Q: Hi there, I have a position in Gildan and it looks like its down about 18% in pre trading on the earnings warning. What do you suggest doing in this situation?

Thanks!

Q: I have a list of all earnings release dates and when I feel it is necessary I will do a protective put before earnings, which seems to work very well in this volatile market.
What the h--- happened with the GIL guidance which just seems to come out of the blue with no warning etc?
How does one protect against something that happens haphazardly?
Why would they do this? To piss off their shareholders?

Sheldon

Q: Hello 5i,

I currently hold these stocks in an unregistered account. I have journaled over the five companies into a US account for the dividend. I would like to add possibly two more companies that pay their dividend in US funds. I have the rest of the balanced fund and some growth in my TFSA. Any suggestions to add here, and if it results in duplication, what would you remove from the list. I am well balanced and would likely have to sell at least one current stock and could just add the other if you can give me two. Was looking at Nutrien or AQN. Didn’t pull the trigger on AQN last year at 12.5.

Thanks for the assist.

Q: Hello Peter, I called in BNN market call but could not ask the question. Good show.
Question is about adding new money on a regular basis. What do you suggest adding to - positions that are lagging ( and thus are at the lower weight now - some listed above) or picking ones with most attractive outlook (from fundamental perspective).
Can you please suggest top 2-3 names in each portfolio at this time.
Thanks

Q: Gentlemen good morning

Can you please name a short list of good stocks (US and Can, any sector ) that can be on a growth & a value list
It’s a tricky or irrational question but I try it.
Thanks Regards

Q: What's your opinion on TJX for growth? Would you consider the recent drop an attractive buy point or are there better alternatives for growth in the sector?

Q: Top TFSA buy this week for 6k unused 2019 tfsa. A few names are getting beaten up, which of your balanced or income companies have been beaten down more then they deserve. short term buy opportunity with long term hold (5+ years). Asked a similar question for my un-registered account. This could be almost any of your names except for wsp who I am overweight already.

Q: Hi 5i
According to the Portfolio Analytics, I should be reducing my exposure to consumer cyclical stocks from 15% down to 10% of my overall portfolio, and I agree I should reduce 3-5%. I currently have MG-3%, CCL.B-4.5%, BYD.UN-4.5%, GIL-2% and the big laggard TSGI-only 1% of my portfolio now.
I'm considering selling TSGI (50% loss) as I'm getting fed up with it, in addition to one of either GIL or MG. What is your opinion on this approach, and would you sell GIL or MG at this time? I'd also like to hear if you would advise a different approach to reducing my exposure. Thanks very much!

Q: Hi Guys,

If one believes that the Canadian dollar is about to strengthen over the coming year, what are good ways to take advantage of that?

Am I correct in that my non-hedged ETFs such as VGRO and XAW would come under pressure? Are there any companies that would meaningfully benefit from a stronger Canadian dollar?

Q: What would your three or four top consumer cyclical picks be for an income investor looking for a bit of growth, Canadian or US?

Lyle

Q: I have some extra cash to add to the balanced portfolio. Can you select 3 of these stocks that present the best purchase opportunities at the moment for a long-term hold?

Q: Besides GIL, I am having difficulty determining which other 2 stocks to consider for the consumer discretionary sector?
Also is there an ETF that could use as an alternate?
Thanks.

Q: Hi, I'm considering a swap of PBH for GIL in my RRSP. I know you like both but could I get your opinion and why. Thanks

Q: Please suggest 10 consumer cyclical stocks with good growth prospects (US or Canada.) Are cyclical stocks the same as consumer discretionary stocks?
Merci
Ronald

Q: Could I please get your top 3 picks in the growth and income portfolios at the current moment. Thanks, Don

Q: What would be your preference today of these two stocks in the consumer sector?