Investment Q&A

Q: Interest is peaked when you mentioned this company Arch Capital Group Ltd among CSU LMN TOI HEI TVK as potential long term compounders to Peter's recent question. I haven't heard of the company and the few questions on it here don't give much. I know they are in Insurance, Reinsurance and Mortgage and seems like they have made some decent acquisitions. Performance is inline with Fairfax the last 5 years.

But what reasons made you choose it with the other companies listed TOI, LMN HEI TVK?
Also what stands out vs others in Insurance companies such as Fairfax and Intact in Canada or Markel in USA? DO you prefer it or them or others for GROWTH?

PS did you get a question regarding Bird Construction Group I sent one in Monday, thanks!

Q: How much will the Fisker troubles affect MG?

Q: Thoughts on the quarter and outlook? Is the initiation of the dividend a way to offset slower growth and keep shareholders happy?

Q: Would you be able to tell me the trailing and forward P/E for XRE and ZRE? What are your general thoughts for REITs over the next few years?
Thanks!

Q: Everyone,
What is an appropriate PE ratio for LMN in five years?
Clayton

Q: Hello 5i, As the Trans Mountain Pipeline is nearing completion could you speculate as to is the Federal Govt sells the pipeline which Companies/Groups would be the logical buyers.

Q: I own LLY and GEHC and am looking to add CVS or SYK? I'm actually open to selling LLY or GECH, but my point is I'd like to keep 3.

Please let me know your thoughts.

Q: ISRG and AXON. Love the narrative and the respective charts for both these stocks. I just can't get past the valuation. For instance, in a recent article on SA by a highly
respected author, he opened my eyes on P/S ratios. Here's a quote:

"While 41 companies in the S&P 500 are trading above 10x price-to-sales, 131 companies (26% of the S&P) trade above 5x sales and must grow sales by more than 100% yearly to maintain that valuation. The problem is that some companies, like Apple (AAPL), have declining revenue growth rates."

Both ISRG and AXON are in this high P/S category he's referring to. In fact not only are they both above 5, they are above 10. Were they priced at more reasonable P/S levels during the last recession? Is that the only time you can grab these two wide-moat companies at a more compelling ratio?

Q: Can you suggest US companies with safe, high dividends? Other than Financial or Energy. I'm considering GIS but am open to other ideas. thank you

Q: Thoughts on their earnings?

Q: Hello
Could you comment on First Solar earnings?
Thank you.
Stephane

Q: Hello 5iR.
I own this stock for a number or years and am still in a loss position.
What is your take on their latest earnings and do you see further upside in the near future. Thank you. cheers

Q: Hmm.a is a spin off from Hps.a. Which one has more growth potential? Do they overlap in terms of business? Will you own both or one, which one?

Q: Could you provide comments on SoundHound AI Inc (SOUN on the nasdaq- not in the database ?) and any thoughts on the jump in the last couple of days ?
Thank you.

Q: What might be reasons for recent weakness in SHOP? As of Monday morning, it's down again more than the market decline. Is SHOP still rated high by 5i as a top pick? If not, what has changed?

Q: Is there any news since this one keeps going down? The big drop today with high volume.

Thanks for the great service

Q: I have read the following from Morgan Stanley's CIO:
- S&P 500's forward price-to-earnings ratio is over 20.4, the equivalent for the MSCI ACWI ex U.S. is around 13.5.
- That discount of nearly 35%, a 20-year low, is a two-standard-deviation event.
- Dividend yields for non-US equities are running above 3% - more than double that of the U.S. benchmark.

Do you think there is an out-sized opportunity to invest outside the US, beyond one's normal global diversification strategy? If so, what sectors, stock and/or ETF's do you recommend? Thanks.

Q: I am investigating CLS as a potential long term investment. In a recent answer to a question, 5i stated that CLS seems to be putting things together much better now. What is CLS putting together much better now, and is it sustainable? How important is AI, to CLS future share price? Could you elaborate on the most major risk to CLS share price? Would you consider CLS a good hold for five plus years?? Thanks for the excellent analysis!

Q: What would be your top energy (large and mid caps) picks today for greatest growth?

Q: Good Morning,
What’s your opinion on CRWD as a long term hold? Does is still have a long runway for growth moving forward? My wife currently holds it in her TFSA, however has been considering swapping it out for something like QQQ. Your thoughts?
Thank you