Investment Q&A

Q: Hi Peter and Team,

Now that the second wave of Covid is deemed to be officially here (at least in Canada), do you have a sense that another steep market drop is inevitable? I was reading an article by Rob Carrick in the Globe today, and his advice (verbatim) is, "Anyone who has money that they cannot afford to lose in stocks should get it out, right now. This includes seniors who don’t have their cash cushion set up, home buyers who got tired of earning nothing by keeping their down payment money in a savings account and, more broadly, anyone who will need their money within five to 10 years."

Sounds like Rob is pretty convinced that a significant drop is likely, but my inner gambler voice is telling me that most people expect another quick market rebound (like from April-August), which may negate having a steep sell-off in the first place. Any thoughts from your vantage point? Thanks. Brad

Q: Hi Peter,
In a reply to a question today you said ENB would become a "Cash Flow Monster" if they stopped investing in new growth initiatives. Agree.
1. Would you consider the same assumption for PPL?
2. And if new growth initiatives were/are to diminish over the next 1 -30 years due to the increase in renewables what would you see ENB/PPL most likely doing with the increased free cash flows?
Thanks as always for your perspective.

Q: Hi 5i team,

PA suggests I up my utilities by 5%. I was thinking of adding two stocks one being AQN at 2.5% to 3%. Can you please suggest a few large and mid cap companies that would complement AQN.

Thank you

Q: I just recently retired and within my portfolio have approx 60% in Bonds (As per above) - while these have been a great hedge against the equity holdings, I am considering either selling some of the bonds listed above - approx 10% and moving these monies into either high yield bonds - ie CHB or ZHY or if not into high yield bonds possibly a high yield dividend fund like XEI or ZWC or ?
While I would like to increase the income on these monies - do you think this is a good time to make this move?

Q: Hi Folks,

Looking for your sage opinion please. I've owned CCL Industries for a few years and have done very well - up about 150% in a taxable account (thanks for making me aware of the company years ago). It's not a big holding (2.5% of my equity portfolio). CCL.B seems to be struggling and at one point I was probably up closer to 200%.

My question is should I lose confidence in the company at this point, sell the shares and pay the capital gains tax (I have a fairly low marginal tax rate right now), or should I hold? I do note CCL.B has the early appearance of turning the corner to better results.

Thank you for your opinion and also for the significant investment gains I have made for several years now with 5i's support. Because of you I have done really well on CSU, SHOP, FNV, WSP, ATD.B, IWO as well as others.

Michael

Q: Hello, what are your thoughts on this company? Seems cheap, has a lot of momentum and seems to be a beneficiary of the pandemic...Thank you.

Regards,

Shyam

Q: Do you feel ZHY is a stable retirement income? it pays good dividends over 6%. Is the risk high?

Q: What is your projection of 3rd quarter results.
How do you currently view this company and the sector in general.

Thank you, John

Q: Hi Guys
I hold both these companies, both of which are trading at about half of book value. I was thinking of selling one of these and using the proceeds to top up the other holding. Looking forward a couple of years, and seeing which company has delivered better returns, which company would you favour and why.

Thanks

Q: When will the Topicus be shares be listed on the venture and how long would you have to hold CSU in order to be eligible for the 1.86 Topicus shares for 1 CSU share?

Q: Which account type is best from a withholding tax perspective?

Canadian listed US equity ETFs - RRSP or TFSA

Canadian listed International Equity ETFs(ZWE) - RRSP or TFSA

US listed US equity ETFs - RRSP or TSFA

US listed US stocks - RRSP or TFSA

Q: Your thoughts on the gold royalty company NSR.Thanks.

Q: You have mentioned J quite a bit in the last few weeks. My son’s portfolio is short industrials and US stocks. At what point would you pull the trigger and buy J. I noticed earlier today that you said you were still watching it. He owns SIS, TFII and CAE and it seems J would be an excellent fit for his portfolio. Thanks

Q: Hi Folks
I read in Bloomberg "investors are pricing in expectations of higher volatility around the elections ... In the stock market, investors have been purchasing volatility protection extending beyond November."
Can you please guide me what that volatility protection purchasing would actually be ? Is volatility protection only for investors who don't want to stomach the turbulence, or is there a broader interest in it? Many thanks for sharing your market wisdom.

Q: Could you provide an opinion on QuantumScape and its merger with KCAC as part of going public? Is this something you would endorse starting a small position in before the merged listing completes? Thank you as always.

Q: Your thoughts on APLI. Thanks

Q: hello 5i Research team,
Probably a very easy question: who are the “Jorday Group” and Ussel in the CSU spinoff? How would you rate them as significant shareholders? Do current Topicus.com B.V. CEO Daan Dijkhuizen who will be appointed CEO, and current TSS head Robin van Poelje future Chair have good pedigree?
Thank you for your collaboration, Eric

Q: I would like to start a position even though the IPO is quite new.
the price seems to be slowly creeping up. Thoughts?

Thanks, Lesley

Q: Can You give your opinion on these two stocks in terms of valuation and potential returns within the next three years
would you advise to buy ?
I noticed altimeter capital has these two stocks as
a large percentage of the portfolio at approximately current prices
thank you

Q: Hello,do you think these 2 stocks will benefit from Trudeau's clean tech announcement and if not are their companies you would reccomend that could benefit from this...thanks