Investment Q&A

Q: This list of companies from the Balanced Portfolio were all beaten up a bit last year. Which of these do you now consider buying opportunities? Are any of these on your list to watch & discard if performance doesn't improve? If I were to add some of these to my relatively diverse portfolio, how would you order them in terms of anticipated total returns?

Q: In a national post article, you mentioned that this could be the year of takeovers. I know you don't have a crystal ball but what stocks do you think could be attractive to a bigger player, e.g. the acquisition of Pure by Xlem. I note that Celestica appears real cheap but doesn't move. Perhaps someone might decide to come and buy this baby. Thanks.

Q: How would you rate the following companies for growth to buy for my TFSA??
CLS, OTEX, ZCL, VET, PLI, TV, BUS, TDG. I really appreciate your considered opinion to help me make my decision. Thanks

Q: Need to add a full position to my TFSA. Currently own the above 5i covered stocks with KXS in my TFSA. What is your recommendation? Considering PBH, TOY, DOL.

Q: In your view, which of these should be added currently COV, AVO & CLS? Or all? Any other best pick from your current portfolios? Own KXS, SIS, PHO, NFI,

Q: I am missing above stocks in my Balanced portfolio. Whould you buy them today or in new year? Thank you

Q: looks like CLS is buying back shares again according to the INK insider report,does your sources show this? Thx

Q: Knight, Celestica and Lundin Mining are all trading at close to 1:1 price to book (per the Globe). Is that meaningful at all for any of these companies? Is it a "value" indicator that suggests better days may be ahead? Your thoughts, please. With thanks.

Q: Following your balanced portfolio and have CLS and PKI in my investment account. Should I sell them before the end of the year and take a loss for tax purposes and rebuy in the new year?
T Steve

Q: Cannacord, in their latest report on tax loss selling candidates indentified CLS as a top candidate for a recovery. Would you agree? I have a 2 % position and was looking to top it up
Thanks

Q: Good Morning Peter, Ryan, and Team,
I have a bit of cash in an account that very closely tracks the "Balanced Equity Portfolio". My weightings in GUD and CLS are a bit light now due to their share's pulling back. Both stocks look cheap to me and tax loss selling season is likely helping to suppress them. I would appreciate your opinion of adding to these two names. Thank you for your sage advice. DL

Q: Gentlemen,
I need reduce Tech sector.
I have these 2 stocks, in same registered account, CLS -27% & GIB.a +2%. These stocks represent 1% each of total PF.
Your recommendation on these 2 stocks, sell, buy or keep
Thanks
Best Regards

Q: In your reply to Brenda you indicated earnings growth for CLS next year.
RBC shows 2016 $1.40, 2017 $1.23, and 2018 $1.29.
I am wondering what numbers your research shows?
Also, at today's price would you be comfortable buying or would selling a March put be a worthwhile strategy?
Many thanks.
Mike

Q: I am down 33% is there any chance of a recovery? brenda

Q: Peter and His Wonder Team
I have not given up on CLS either. I have been following the company for some time and waiting for a good entry point. For several reasons its momentum is down and technically it is breaking down. I guess it looks like a falling knife...I notice it's TP has been lowered to $12.50. I know you do not give predictions on price. So I am wondering what your thoughts are about it's direction and momentum. I know investors over react in both directions. Do you think it is looking over sold? Do you think this $12.50 might put in a floor? Better to wait a week or two until the dust settles? Would buying now be classified as a small contrarian play on a value stock?
Thanks for your invaluable expertise!
Dr.Ernest Rivait

Q: You seem to like Covalon a lot and I wonder what you are seeing that it might be worth investing in.
It looks to me that their product line is not very diversified....and a Chinese copycat could easily move in.
If you had a choice between COV,KXS or CLS what would be your pick be in order without looking at sectors?

Q: Hello Peter/Ryan & Team,

I do need to apologize to everyone about CLS. I decided to finally buy it so naturally the 12% decline the next day would happen. But I have smartened up and only started with a quarter position.

And you would think that I should start to smarten up about buying into negative momentum, but with that said, do you think I should be adding in the next couple months to get to a full position or wait off until momentum improves?

Thank you for all you do.

Wes

Q: Hi Peter, I am looking for a growth replacement for CLS and it can come from any of your portfolios. Please suggest your top 3 or 4. I already own PHO, PUR, TV and ZCL in a 29 stock portfolio. Time frame 1-3 year hold.

Many thanks for your candid advice. It has served me well for over 4 years now and I have renewed my membership for 2 more years.
Martin

Q: Peter and His Wonder Team
Thank you for your past analysis of these two separate companies. I now have another dilemma. FLEX has just had a great quarter and the stock has hit a new 52 week high of $18.01. TD has a TP of $21.00...so all looks good. On the other hand CLS just had a miss and weaker guidance...being punished today...at $13 plus. You have said the story is still intact and they should improve. So... on the one hand I have FLEX which I think I could call a value play vs CLS which I will call at this point a more contrarian play. So in light of there fundamentals going forward which company has great appreciation? In other words is it too late to buy FLEX...better value with CLS in the long run?
Thanks for your opinion...
Dr.Ernest Rivait

Q: Sell this bum or take CIBC's advice. Buy on weakness because the thesis remains intact.