Q: Are lumber stocks bottoming out ? would you start buying ? what are you looking out for..interest rates ...
Read AnswerInvestment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Canada could have a construction/housing boom in the next few years. What equities would you buy to participate in this move?
Read AnswerQ: Thoughts on Interfor Q2 results and is it more of a buy now or wait and see?
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Q: Is now a good time to start a position in a lumber company or home builders? If so can you suggest some?
Thanks
Mike
Q: Wondering what your pick would be as the best Cdn forest products company to play a rebound.
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Q: Hi 5i
I would like to replace AEM in my LIF account with another basic material holding. My goal is growth. Both NTR and WFG are looking interesting now. Could you give your opinion of which would likely be the better play for a long term. With the pending slow down/recession would you switch now or wait?
Thanks
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Freeport-McMoRan Inc. (FCX)
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Mosaic Company (The) (MOS)
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CCL Industries Inc. Unlimited Class B Non-Voting Shares (CCL.B)
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WSP Global Inc. (WSP)
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TFI International Inc. (TFII)
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Agnico Eagle Mines Limited (AEM)
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Savaria Corporation (SIS)
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Acadian Timber Corp. (ADN)
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GDI Integrated Facility Services Inc. Subordinate Voting Shares (GDI)
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Albemarle Corporation (ALB)
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NV5 Global Inc. (NVEE)
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Reliance Steel & Aluminum Co. (DE) (RS)
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L3Harris Technologies Inc. (LHX)
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Jacobs Solutions Inc. (J)
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Boyd Group Services Inc. (BYD)
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West Fraser Timber Co. Ltd. (WFG)
Q: What are you top few materials and industrial stocks in Canada and the US for 2023?
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Q: Which of these two companies would do better through a recession from their current price levels and why?
My thanks.
Q: Hello,
Thanks for the response to my earlier question regarding which of the income stocks you would hold in a TFSA. Can you comment on my first statement regarding the illiquidity of the stock and how that would cause someone with a significant investment to be challenged in acquiring as much as what the daily volume has been? I have never thought of myself as a MM and I prefer not to be. Thanks.
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Gildan Activewear Inc. (GIL)
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CI Financial Corp. (CIX)
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TFI International Inc. (TFII)
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BRP Inc. Subordinate Voting Shares (DOO)
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Alimentation Couche-Tard Inc. (ATD)
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West Fraser Timber Co. Ltd. (WFG)
Q: Do you think this is a good time to buy value stocks? If so can you name 6 Canadian Stk.
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Agnico Eagle Mines Limited (AEM)
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Nutrien Ltd. (NTR)
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TopBuild Corp. (BLD)
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West Fraser Timber Co. Ltd. (WFG)
Q: Can you please give me two top picks for the materials sector in both Canada and the US. Also a few thoughts on the reasons for your choices. Thank you.
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Q: Deal terms are not yet available for the WFG buyout, I own 150 shares, bought at 113/share a few weeks back.
What are your initial thoughts? Hold and tender to the bid (whatever it is, presumably higher than $125 CAD/share)? Hold out for a white knight (seems unlikely)? Sell now and capture the gain in case the deal falls apart?
Something else?
Thanks for your time
Q: Thoughts on the deal?
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Primo Water Corporation (PRMW)
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Stingray Group Inc. Subordinate Voting Shares (RAY.A)
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European Residential Real Estate Investment Trust (ERE.UN)
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West Fraser Timber Co. Ltd. (WFG)
Q: I have losses in these four equities (between 10% and 25%) and was contemplating selling them. Would you continue to hold onto these equities or would you sell? What order would you sell them in?
Read AnswerQ: Your last report for SJ was in June 2021 and it received an A- rating. Do you still see this stock in the same category as SLF? I read in the GAM that SJ is getting into less profitable regular lumber and investors don't like it. Value metrics look good with F P/E 9.6, P/S 0.77, EV/EBITA 8.10, however, by comparison WFG appears to me to have a much better valuation: F P/E 3.7, P/S 0.83 and EV/EBITA 1.56. WFG seems the clear choice today. Would appreciate your comments for a long term investment in SJ and/or WFG. Thanks!!
Read AnswerQ: With rising interest rates likely to slow down house building in North America, do you still consider WFG a good investment? Should I take my profits or wait for the stock to recover from this swoon? I am not in urgent need of cash, and can probably wait out the recession.
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Q: Out look & rating --Thanks
Don
Q: Why is it taking such a drop? Any news?
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Teck Resources Limited Class B Subordinate Voting Shares (TECK.B)
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Intertape Polymer Group Inc. (ITP)
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West Fraser Timber Co. Ltd. (WFG)
Q: HI Peter and Staff
I own ITP in my basket of materials stocks. Trading at $1 below proposed sales price.
Assume the $9.99 * 2 is not an issue would you pull the trigger now and increase a modest position in TECK.B or wait for the sale to close?
Also assuming position in TECK.B is not overweight regardless of answer to first question would you continue to hold WFG in the basket or dump it in favour of increasing position in TECK.B?
Thanks for you you do
Dennis
Q: Hi, One of my friends who is constructing a house told me costs of 2x4’s have gone up by five fold recently.. Is that reflected in the stock prices of companies like West Fraser? Is it too late to get in?
Also what are your thoughts on Aritizia going into this tough environment of higher interest rates and inflation..Will apparel companies typically prosper in such an environment? Thanks.
Shyam