Investment Q&A

Q: I have these companies in my TFSA, which ones would you recommend adding to

Q: You mentioned there is now one other analyst for Topicus. Can you tell me who it is, and what their 2022 Revenue, earnings and price targets are? Thx.

Q: Hi, Technology is the largest weight at about 45% ( even after the recent sell off) in our investment portfolio. Most of these holdings have been down 25-50% from the highs, over past 2-3 months, following the general market trend of indiscriminate selling in High multiple Tech stocks. LSPD and NVEI, of course, saw much steeper losses.
We do have the rest of the portfolio invested in Cdn large cap banks, industrials, utilities and telcos, generating decent dividend income.
We recently retired and as a part of portfolio planning/risk management, would like have a strategy to reduce the Technology weight to less than 35%, over next 2-3 years. The plan could be executed in phases, once the current tech rout is over and valuations have recovered.

From the perspective of risk, growth, stability and valuation, what would be the recommended/desired weighting for each company, balancing these factors. What would you suggest to be order of priority for the purpose of initiating sale of each stock. Also, it would be really helpful, if you could provide a reasonable price range for sale/trimming of these companies, based on price history and future expectation over 2-3 years.

CSU 14.5%
SHOP 9 %
TOI 5.2%
SYZ 3.5 %
LSPD 3 %
KXS 2.5%
NVEI 1%
US Large Cap Tech ( AAPL,AMZN,MSFT,MA,V,PYPL etc) 8% (we want to keep as is)

Thank You for your insight, which we value so much.

Q: Hi Team,
I am down over 50% on each of PINS and EGLX. I was considering giving up on them and moving the remaining funds in to TOI; something of perhaps "higher quality growth" that is also down considerable from its highs with a stronger conviction of future success. Would this be a move to be endorsed, or should I just ride out this pain for potential recovery in EGLX and PINS? Thanks for the advice.
Shane

Q: I am considering adding LSPD or TOI to my TFSA. I know that you are favourable on both and that LSPD is higher growth, higher risk. I would appreciate that being quantified: what is the future % revenue growth and forward sales multiple for each company and at their current price, which do you consider the better risk/reward choice.
Also, when are they each scheduled to report earnings?
Thanks...Glenn

Q: I am a little overweight techs in a well diversified portfolio. Considering valuation contraction where do you see a new normal forward P.E. the S&P in 2022 and for those stocks highlighted?
Please provide forward P.E. and multiples for those that make profits and guestimate where the low end could be for the others.

Thanks

Yves

Q: Which in your opinion has the best long term upside from current prices and which has higher risk?

Q: Hi Team,
Following the CSU model, if TOI does not issue new shares to finance acquisitions and its cash flow was negative at the end of its 3rd quarter, do they finance acquisitions solely with debt? Thanks

Q: I have 3 securities (TOI, GSY, WSP) in my TFSA (in approximately the same amounts), and have added $6000 cash to that brokerage account for 2022. Would it seem reasonable to add to each of the 3 positions with the newly added cash, or would you feel I should prefer one or the other security(ies) among the 3?

Ted

Q: Hello Team,

Can I please get your opinion on the following 3 price points for BAM, TOI and CSU.

1. Good entry price
2. Great entry price
3. Table pounding buy

Q: I was planning on growing my position in these companies during 2022 in my TFSA account. Is there any of these companies you wouldn't invest in or replace for an other company (please indicate witch company you would replace it by).

Also can you say in what order you would rank these companies from highest to lowest, highest being you favourite and lowest least favourite?

Q: Hi, We have 3 TFSA accounts, where we sold some SHOP, last year and made cash withdrawals. As a result, this year, we have available contribution room between $30-40k, in each account. We like to wait for an opportunity for a Growth stock to transfer from our Non Regd accounts ( there are separate accounts for each) for an in-kind contribution. Present allocation in the TFSA accounts is as follows.
CSU 25-30%
SHOP 35%
LSPD 30%
NVEI 10%

We are not worried about concentration, as TFSA funds are less than 5% of our Total Investment Portfolio, which is fairly diversified. Objective is to optimize Growth stocks in a TFSA setting. There is sufficient quantity in Non regd accounts, for all the five stocks listed in the question.

We were planning to add SHOP, with today's 10% decline and some TOI, as we have none in TFSA's.

What would be your recommendation ?

Thank You

Q: Year 2 of my 19 year old daughters TFSA. Year 1 suggested she get BAM.A and she is very pleased she followed my suggestion....I am thinking year 2 of more of a growth stock. LSPD has been really beaten up, good buy for very longterm hold or is there a better " foundation" stock from your growth portfolio you would suggest?

Q: Wondering if you have any information/news regarding the near 7% drop in this stock this morning (Jan 4). I noticed you continue to recommend it in today's Q/A email, but I see no mention of the drop. Perhaps you do these questions the prior day or early am?
i.e. before the drop.
Thanks so much. I do so appreciate your service!

Q: Hello Peter, I like your article on the National Post about the five areas to invest in for 2022. I have a few questions: for the small cap space, would Aritzia , ATS Automation and Topicus fit the category? In the large cap space, would AMZN be a good stock (instead of AAPL) as it has not done much in 2021? what do you think of the renewable energy space as it did not do well in 2021 (i.e BEP, etc). Lastly is the definition of small caps in relation to market caps less than $1 billion or ? Thanks very much. Happy new year

Q: In my TFSA, I’m holding ATZ,CSU,GSY,TOI and LSPD. I’d like to split this year's $6000.00 allotment in January between two of these 5 stocks. At this time considering a 3-5 year hold, what would you suggest and why? Thanks and btw, it’s because of 5i that I’ve been able to achieve an 85 per cent return in my TFSA. The advice and info I glean from the questions, portfolios and reports are invaluable. Keep up the great work on our behalf. Best investment I’ve ever made is joining 5i.

Q: Hi team,
I was looking for your best bets for my 2022 tfsa contribution. I was leaning towards either Bam, Toi, or Lspd. What are your thoughts? Or do you have a better choice or 2 out there? I have a long term investment horizon 10yrs plus; and have no issue holding so long as the story in the name doesn’t turn negative . Thanks and happy new year !
Shane

Q: Looking for guidance on 2022 TFSA contribution. Currently have partial positions in these Tech companies of roughly equal amounts. Could you rank in order of best investment opportunity from current levels?
Do any of these companies overlap in their target market and if so which one should I focus on for better opportunity.

Q: There's news today (Dec.31) affecting both companies that CSU is creating a venture capital fund to be run by the resigning CEO of Topicus, which gets a new CEO. I suspect that the $200 million funding is too small to affect CSU but how does this news impact TOI?

Q: Good day and best of the season to you. I am trying to get my ducks in order for tax time. I understand that initial TOI shares are a dividend from CSU. Do you know the value of this dividend? Also, do you know the cost base of these shares for calculating capital gains from TOI? Thanks.