Investment Q&A

Q: you had a very complementary view on CCS on March 15th...
do you have another construction firm you would prefer over CCS??

Q: Is there a Canadian Co. that might benefit from the proposed Infrastructure spending that U.S
President Biden is planning for the U.S.? Would this Co. have to be listed on both the Canadian & U.S. Exchanges? I want a stock that qualifies for the Canadian DTC. I find BIP.UN & BIPC a bit baffling. Last March, BIPC was created & I thought it was supposed to mirror BIP.UN but as of last Friday there was a $20 difference between the price of the two stocks. When I look into BIPC which I would prefer because of the DTC, most of its holdings are in Brazil & the U.K.
Thank you: Jerry

Q: hi team:

stn has gone up in the last week or so, any news? i have a partial position

add? hold or sell?

pays a nice dividend

thanks
michael

Q: I've held Stantec for 5 years and have had satisfactory performance at best. Obviously, with the benefit of hindsight, I wish I had purchased WSP Global instead or just swapped them in the past few years (based on your recommendation of WSP Global). Given the current valuations and performances of these businesses, do you think a move out of Stantec and into WSP Global in my TFSA at this time would make sense?

Q: I'm looking for long-term hold (>10 year) Canadian engineering firm with significant international operations. Would you prefer Stantec (STN) versus WSP Global (WSP), or another? What would be the main reasons for your stated preference?

Ted

Q: It appears that in post Covid times, infrastructure money will be doled out to get the economy rolling again. It may be time to sell some tech or at least trim. I am currently over 40% in tech. It’s been great but I realize more diversification is important.
I know that you’ll recommend BAD and likely STN but what else may be on the horizon to consider?Thanks
Dennis

Q: As you can see by my holdings in my TFSA ,I have been following your advice. I am way up on KXS and am letting it run. Down on BNS, GUD, SIS and SLF. I have full position to add. I am looking at either REAL, LSPD , WELL or XIT.
Would you add to BNS or SLF or add one of the ones I am looking at? Long term view 20 years.
Thanks, Paul

Q: I have a small position in Bip.un and want to put more money into infrastructure. would you suggest now or later ? could you give me 2 names in ea country . Is there an ETF that would be better? (take more credits to give a complete answer.). Thanks for your work. Helen

Q: The price of Stantec has improved significantly recently, finally moving above the high of ~ $37 hit way back in October of 2017.

What do you feel has changed? Also, do you think their prospects look better than 6 months ago? 'The markets' seem to like something!

I see their 3 year strategic plan is here:
https://www.stantec.com/en/news/2019/stantec-announces-three-year-strategic-plan

Thanks!

Q: Hi, Over past 2 weeks markets have seen a rotation from Technology sector and the Stay Home stocks ( like Netflix, Shopify, Alphabet and others) into Cyclical sectors (Banks and Industrials). Airlines, Cruiselines and Gaming/Entertainment ( like WYN etc ) stocks have also shot up recently. This sector rotation seems to be based on belief that with economy reopening ( and Federal Reserve with an endless supply of money/support), recovery may be much faster and stronger.

With this noticeable shift in market positioning, we would like to participate and hope to benefit in near as well long term. We have 15% weight in Canadian Banks. But among Industrials, only companies owned by us are CNR, RPI.un and BYD. We also started a small position in AC and Boeing, on Friday, with intentions to build over time.
We are looking for companies in this sector with strong fundamentals which are trading at a discount to their historical levels, for COVID related factors and depressed market sentiment. Could you please recommend a few names in Canada and US. Thank You

Q: Hi,
How is the balance sheet and cashflow of STN. Does it have some growth potential or is it considered as an income stock.
Thank you

Q: Hello,

My partner and I heard about 5i from a friend whose been using you for many years. You came with the highest recommendation.

I feel like I should be copying one of your portfolios, especially due to my lack of knowledge, but it is very important for me that my investments to follow my ethics.

I would like to know which companies on your balanced and growth portfolios would be highest on positive environmental, social and corporate governance, which are low and should be switched and for which companies. I'm happy to do research, but I'm struggling to navigate the important statistics and feeling incompetent in finding good resources. I have seen your ESG scores (https://www.5iresearch.ca/blog/ESG-tsx-companies) and would be keen to know where to find information on how they are created. I would also appreciate other resources that you think would assist in building a portfolio, or simply which companies you would put on it.

Thank-you,
Ellen Perkins
Ucluelet BC

Q: Comments by leaders of countries. " we will need to spend money on Infrastructure roads, bridges, airports, mass transportation, etc. How is best way to play this ? Heavy machinery, cement, re bar, steel, copper and other metals, Its like FDR times during the Depression to get the Economy going again around the World RAK

Q: Hello 5i Team. Between STN and WSP, can you tell me which you think would be a better longterm (5-10 yrs) investment and why?
Thank-you.

Q: Would you recommend a particular company as a proxy for WSP?

Thank you.

Q: I need some funds, I know you hold these names in good standing, however which one would you sell first to generate some cash.
Thank you. Happy new year

Q: I am interested in adding "infrastructure" sector stocks to balance my investments. I would appreciate your comments on ARE, WSP, BIP.UN , STN. or other options in this sector. Thank you

Q: Why has ARE performed so poorly in comparison the others? Results have generally been positive. Should I stick it out or move on?

Q: Can you rank the blow stocks from as either a buy or a sell? Any of those 3 you feel particularly strong about either way?
Algonquin Power
Altagas
Stantec

Also, I'm looking to swap H&R Reit for a better one (either Industrial or Multi-family focused)... is there a particular REIT you like best? H&R has too much retail and office imo.

Thank you and please feel free to deduct 2 question points since this is two questions.

Q: Do you think. Stn could be a good fit for WSP???