Investment Q&A

Q: US Bio Pharma Question: If this is outside of comfort zone, just let me know.
I am looking at REGN (Regeneron), ANIK (Anika Therapeutics) and RGEN (Repligen). Other than JNJ and PFE, I have no exposure in this area. Would you recommend one or more of the above for diversification or just add to the exisitng holdings.

Thanks.

Q: What do you think of Constellation Brands (STZ) as a long term relatively stable & safe growth stock and do you know when they are to report next? I don't own any at this time but would intend to buy up to 5% position. Thank you.

Q: I am considering SYZ,HCG, FSV and ESL in a TFSA as suggested in your response to a previous question. Please rank the stocks as no effect, minimum effect or material effect downside to rising interest rates. If any are considered to have a material effect would you please suggest an alternative to fit the group of 4 stocks. Thank you so much.

Q: hi Peter and team, I want to make a move from TD Waterhouse to the RBC trading platform and I wondered if i should plan to pay for all 'sell' transactions as i move out, and all 'buys' as i move in. Do you know? Thanks -- your service is so appreciated!

Q: I have about 20% of my portfolio invested in rate-reset preferred shares, with an average reset rate of about 3% over the 5-year rate, and with maturities of 3 to 5 years. I would like to increase the percentage to 25%, as there are two more I would like to buy, and I am getting more conservative the higher the markets rise. Do you think putting 25% in rate-resets is too much? Thanks

Q: Can you comment on SNC. I bought it as a value/trading play when they went through their crises at $36 but it seems like this is getting into a very pricey valuation! Where do you see this one going and would you recommend for a long term hold?

Q: Just checking I have 43.6% in Oil & Gas in all accounts. Which of the following would you sell and which financial or pipeline would you replace it with. I am more into growth than income.

BDI, MMT TOU, MCR, PKI, VET, SGY. MMT and MCR are small amounts.

Thanks for the EXCELLENT service.
PB

Q: PEY

I have held Peyto for some time and continue to see it decline. What is your opinion on selling it to but add an oil stock such as Tourmaline? Or is there another company you would suggest? instead.

Q: Hello,
I have the ETF - CBR.TO which I believe was previously converted from the ETF- "GAS". CBR has been going steadily down. Do you see any future in holding this or should I get rid of it now?
Thank you.

Q: Hi Wonder Team
Please give me your advice or guidelines on "Averaging Down"! For example I bought a junior company recently that was going through a rough patch. It had declined 35% in the past year so I thought it was a good time to buy. However I was early and it continues to drift down. So here are the questions...If you still believe in the company and nothing has changed since the purchase at what discount would it be worthwhile to buy more...in other words does a stock have to be down at least 15% or 20% before it makes sense? Also, if your original purchase is 4% of your portfolio where is the upper limit? Lastly is it wise to only average down once...in other words do not fall in love with a stock! Ha!Ha! Thanks!
Dr.Ernest Rivait

Q: Good morning fine Team. What do think of PNRA today. In May you mentioned to average in slowly and to have patience! thoughts? Thank you yet again

Q: I am interested in investing in one or two of the Canadian banks.
I would appreciate your recommendation and comments.
Thank you ---Gary

Q: H guys,

For 2 years I've been trying to get my conservation 50 year buddy into buying good Canadian blue-chip dividend companies without luck. Ultimately he decided to move his investments from a local under performing asset company to dundee wealth. Here is the email he sent me:

"I pulled the trigger and pulled my money out of the investment company I was using and put it with a new guy. I was honest with him and said I would like to be as modern as possible and he seems quite flexible so far. I have my money in transit right now but next week I will be meeting with him and reinvesting most of it into mutual funds that he and agree to.
I am also going to invest a small portion into some kind of ETF(s) or stock(s).

Right now I am gathering any information or opinions of what are people's top 5ish successfully performing mutual funds in their portfolios that have performed well over the last 5, 10, an/or 15 years. And that they are sticking with in the future so far. I have heard of two mutual funds that sound good so far: Mawer (Keeps receiving a lot of awards) and Edgepoint (Is run by the old Trimark gurus. They left Trimark and started Edgepoint)
As it stands now I may be investing in both of them and their Canadian Equities and Global Equities funds equally. Example; Mawer Canadian Equity and Global Equity and Edgepoint Canadian Equity and Global Equity
Any opinions if this is a good idea or not?

I am writing to get your opinion and/or that of your Investor Manager friend.
Is there some better Mutual Fund options out there?

I am also looking for your opinion of your top 5 stocks and/or ETFs (long term) that you have invested in and plan on leaving it for 5 -10 more years. I will be dabbling a bit in these areas.

If you don't have an opinion or don't feel like sharing it, no problem. You are welcome to pass this email on to anyone that you feel may give me their opinion.

I understand that you would only be sharing your opinion and would not be recommended anything so you should not feel responsible if something turns into a dog.I would take your opinion and then research it and see if I liked it or not so it could become my own."

Any thoughts? Thank you. I appreciate you time and effort on this one.

Brent

Q: Hello 5i - as always thank you for all help.
I am trying to decide between BTE & CPG, or another dividend paying energy company. Your opinion is much appreciated.

Craig

Q: WPK (winpak) - your thoughts on results please. Thanks much!

Q: Linamar (LNR) seems to be taking a bit of a hit the past week and is off 8% from its high compared to 1% for Magna (MG). Coming up to earnings reports, are you hearing anything that might be of concern?

Q: MDI - Major Drilling Group

Hi Team, the last opinion on MDI was September 2013. What is your opinion now please.

Thank you. Michael

Q: Hi Peter,

Can you please give outlook of Forest/Lumber industry for 1 to 2 year time horizon ? Which month of the year I should consider for the investment, seasonality point of view weakness in the sector ? Which stock you recommend for investment ?

Q: Hi Peter & Ryan,
I hold 100 shares of Keyera in my TFSA and it is up substantially. I am curious as to whether you think it might have the potential for a stock split should the share price continue to climb and what impact that would have on the dividend (since I bought it for the dividend in the first place). I know the Canadian banks are not adverse to stock splits and we also saw it with Badger. Not too sure how Keyera would view such a move. Any thoughts?
Thanks as always!!
Cheers,
Mike

Q: Hi team, I am looking at buying 1000 shares XSQ for my kids RESP( this would represent a 15% weighting). I will need the money in about 7-8 years. I have several individual Canadian corporate bonds already in this account dated between 2016 and 2021 (30%), as well are large positions in FIE and XTR (40%). I can't decided whether to add this as a new position or just add to XTR for the added returns to help offset any inflation. Thanks for your time.