Investment Q&A

Q: How would you assess the prospects of these two companies over the next year or so? I am considering swapping them for Constellation Software. Would this be a good move?

Q: Hi there, I am an investor in my early 30's and follow your Balanced Equity portfolio and understand that it is an excellent mix of growth and stability names. I am curious to know what adjustments you would make if I were looking to substitute the more stable, less risky names with names with higher growth torque - names similar to KXS, NFI, PBH, SIS etc (so maybe not as small and volatile as some names in the Growth portfolio). Thanks for your awesome service!

Q: I have held this stock for close to three years. It has been a good performer so I am sitting on some significant capital gains. It did miss some numbers last quarter and has recently dropped. What is your outlook for this stock and likelihood of returning to better growth.

Q: I purchased DGS-T [Dividend Growth Split Corp. by Brompton Group] because it is a large cap portfolio of Canadian 'blue chip' equities with high dividend yield [15.17% today]. Due to the high yield my intuition is telling me this is a higher risk investment. Can you give a Dummies analysis on this investment and the risk level ?

Q: Hello

What Canadians etf's would you recommend for exposure to Europe in my tfsa?
Thank you
Amy

Q: Hi,

I’m 67 years old and rely on dividend income. I think it may be time to transform my 45 stock portfolio into something more in tune with my age and risk tolerance. It would hopefully reduce the amount of decisions I would have to make since they say the older we get, the more our decision making skills start to slip.

Right now my portfolio follows a 60% 5i Canadian equity market sector balance, and about 20% US equities and 20% cash. My thought is to create a portfolio with the following asset allocation:

30% Gov & Corp Bonds VAB

15% Canadian Equity VCN or Canadian Div CDZ
15% Individual CDN small & Med cap stocks

10% US Equity VUN
20% US Large cap individual stocks already in Portfolio

10% International Equity VDU & VEE

Your comments would be appreciated.
Thank You
Frank

Q: hi, what do you think of HHL at this price? we are retiring next year and looking for income , do you like HHL or is there something you prefer thx Jack.

Q: These four companies are on my watch list. Please list in order of preference for a purchase at this time. Thank you.

Q: Hi,
I have these 4 companies in my portfolio. I try to copy your balanced equity portfolio as much as possible which is why I have ENB, MX and WCP. I added SPB last year on one of your suggestions and I'm up 46% on it.
Do I have too many in this sector and should I sell them, keep them or do you have a better company to replace it with?

Q: I have had Altagas for over 4 years. I would like your opinion, should I sell or look for something better and if so what do you suggest.

In my US portfolio I have four stocks of which 22% are GE, would this be a good time to add more GE

Q: My 15 yr old grandaughter has asked me to invest 1k of her hard earned babysiting money for about a 1 to 2yr hold in growth stock (my future as a grandfather may be at stake) I am leaning towards PBH over KXS what would your agree with my choice or would you have a better recomendation?

Q: Hi 5i, do you still prefer CS over HBM and LUN? Thank you

Q: For the 2 sectors which stocks would you buy, these are the only 2 sectors I am not invested in

As always thanks for your help

Q: I am looking at PJC.A as a take over candidate. My thinking is, as with the purchase of Shoppers by Loblaws, Jean Coutu has a sizeable downtown presence and while Montreal downtown is perhaps not quite as attractive as Toronto downtown, its still a quick way for a retailer to expand their urban presence, and as the Shoppers purchase showed, far cheaper and quicker than trying to do this from the ground up. My question is, is this a reasonable thesis and, perhaps more importantly, is PJC.A good enough and especially safe enough for a longer-term, patient hold, irrespective of the above thesis.

Q: Hello! I have made a 70% return on Goeasy. It is about 5% of my stock portfolio. Should I take my profits? It seems to be ahead of itself.
Thanks,
Chantal

Q: I own both of these ETFs and want to drop one to lessen my CAN exposure. I'm leaning towards dropping VDY because it is in my TFSA (ZDV is in a margin) and my portfolio would benefit from cutting some weight in financials (VDY is heavier than ZDV in this sector).
Can an argument be made for keeping VDY?

Just renewed! Thanks.

Q: I am thinking of selling my position, taking profits and reinvesting. What are your current thoughts on BLX both short and long term. If I sell, what is a good substitute for the next 6 months. Thank you.

Q: I am looking at making my first, (if you do not consider Interpipe) energy investment at 3 to 5% of my RRSP. Looking at the 4 stocks and note , over the past year, WCP up 20 %, SPE and RRX flat and TOG down 10%.
Has the recent noise with RRX changed your opinion ( good or bad)? Dividends are not important. Looking for the stock(s) with rising production and torque to oil prices. Please list in order of best using this criteria. Would owning 2 of these instead of one be better in this case? Thanks

Derek

Q: RenoWorks (RW-TSXV) develops and distributes digital visualization software for the renovation and new home construction industry - clients can visualize and evaluate various alternatives (e.g. colours, textures, materiels etc.) making it a lot easier to 'close the deal'. They claim that the digital visualization software imaging industry is currently in its infancy with few independent participants who match the breadth of their offerings. Insiders own ~ 50%.

Their year-end (and Q4) report on Friday showed significant progress - Q4 revenue was up 67% yoy with recurring revenue representing 56%. Though still in a net loss situation, they were Adjusted EBITDA positive for Q3 and Q4, as well as for 2016 overall.

Would appreciate your always well-measured take on this microcap.

Thanks

Q: These two RV supply companies seem to have strong revenue and earnings growth. They've pulled back quite a bit lately so their P/E ratios look pretty reasonable. What are your thoughts?