Investment Q&A

Q: I have done well with BEP/BEPC - in a non-registered account - and am now overweight (combined 8.4%). Love the growth and solid dividend. My choices now are: 1) Hold the course 2) Reduce to 5%, take the tax hit, and purchase a stock with similar attributes to BEP/BEPC i.e. stable dividend >1.5% and strong growth prospects.

Would you choose option 1 or 2? And if 2, would TRI be a good candidate? Other candidates you might suggest? (Already own WSP, AQN, BAM, FTS, MSI, NPI, PBH, SIS, T and X.) Thank you.

Q: Hi you made the following ‘generation vs distribution’ comment wrt AQN to Peter on Dec 2. Could you please expand on this a bit further as I mistakenly thought AQN was primarily generation. Could you similarly comment on NPI and INE re generation vs distribution. Thanks.

“The majority of its (AQN’s) business is distribution and has less exposure to generation already.”

Q: My wife has the above shares in a RRIF and we have to sell a few shares of one of them to provide enough cash for the monthly payout.
They each have, or have had their benefits but I'd be interested to know which ones I should start with at the present.
I've been inclined to sell losers as opposed to winners in the past and I am wondering whether to ditch ENB which is in the red, but if there were to be turnaround with ENB, the bounce might mean that BCE, which is a slow lumbering beast might be a better choice. Your thoughts?

Q: Does Emera have exposure on the Muskrat Falls project? I see the regulator has asked Emera to "adjust" for slow / non-existent benefit from The Link between NS and NL. Emera remains up 30%-40% from my purchase but would suggest a pivot to FTS or a Brookfield company here? Or anything other non-oil utility?

Thank you.

Q: Do you know who Is Behind fengate?

What are the next big steps and timing for scr. E.g. Legislative approval, cash flow from New Jersey, what new states are expected to allow gambling and when? Thank you for your prospective.
Do you see this legislative change also impacting The stars group. Any thought they companies would get together.
Mike

Q: The A and B Teck shares have historically traded in line, however, since January 2020 the A shares (voting and not very liquid) started to pull ahead of the B shares (non-voting and liquid). Recently, this differential has gapped significantly with the A shares pulling substantially ahead. Do you have an explanation for this? Is there something going on with the ownership position in Teck?

Q: How do you like the look of the IPO?

Q: 2 QUESTIONS.
CTS has been a great investment (take a bow here 5i) and is now free money for me as I sold half when it doubled. At the current price it's almost doubled again. What is your read of it's current momentum, can it be maintained ? Sell or hold ?

PHO is finally back to my buying price, same question ?
John.

Q: Could I get suggestions for long term dividend paying stocks for a young investor to add to these stocks.

Q: It seems the market always looks forward and as such there must be companies that are moving to the upside now based on what the economies of the world will look like six months from now. Please provide me with the names of 5 Canadian companies and 5 American companies that you believe should do well in this new world. (Hopefully, post Covid World). I realize I'm asking for an educated guess, but since you have far more experience than I do, I would appreciate your opinion.

Q: Thoughts on HPS.A? Thanks...

Q: Hello Team,
Could you comment on this ETF and would you recommend it.
Thank You,
Barry

Q: Your thoughts on ZTS. seems to be flat lining for some time now. Buy more or sell.

Thanks
Dale

Q: USD vs CAD crystal ball question. The chatter i am seeing is presure on the USD and a loss of stature for the USD as the fiat currency of choice globally. It is still number one and the benchmark but not the rock it used to be. IF the USD continues to stumble AND resources that are lagging strenghthen it could create a negative headwind for my USDvsCAD holdings and favour putting money in CAD or hedged investments. Would it be wise to hedge for this possible outcome, is it likely in the next 6-12 months. In your reply feel free to go down the rabit hole of predicting the end of the Fiat currency model as we know it...

Q: Hi 5i team,

Can I please have your view on this company? Is this a good industry to invest in?

Thanks,

Q: Hello, XPO Logistics Inc said on Wednesday it plans to spin off its warehousing and logistics business into a separate publicly traded company.

The freight transportation and truck brokerage businesses will remain with XPO, while the new company will focus on e-commerce fulfillment, owning about 200 million square feet of warehouse space.

The company said it intends to structure the separation as a tax-free transaction to XPO shareholders, and expects to complete it in the second half of 2021.

Brad Jacobs will remain the chairman and chief executive officer of XPO while also becoming the chairman of the new company.

I’ve been a long time shareholder of this company, In your opinion should I let the transaction proceed and do nothing and become a shareholder of 2 companies ? Thanks

Q: Dear 5i team:
I know that you have consistently and persistently been saying the portfolio construction and asset allocation percentages of sectors/stocks is very personal and therefore can't make suggestions.
Agreed!
May I request you to direct me/others to resources that will help us to structure a portfolio? Websites/articles/podcasts and such.
Thanks.

Q: Good Morning
Where does TEAM fit in after the Salesforce buyout of Slack? Are they now competitors along with Microsoft or are their offerings different and possibly a takeover target themselves?
Thank you

Q: Peter and Ryan,
Your comments on the earnings and guidance from CRWD ? With the continued great run, would you swap any out for NLOK that has lagged ? Does NLOK have any advantages in the individula consumer space ? Thank you.

Q: Hi, Tesla will be added to the SP-500 on December 21, 2020
It a good time to buy before Dec.21 or wait January 2021?
thanks,
Jean guy