Q: If CSU owns about 50% of TOI, do they also get 50% of the total special dividend being paid out (as cash)?
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
- CGI Inc. Class A Subordinate Voting Shares (GIB.A)
- Constellation Software Inc. (CSU)
- Dollarama Inc. (DOL)
- Thomson Reuters Corporation (TRI)
- BMO Equal Weight Banks Index ETF (ZEB)
- EQB Inc. (EQB)
- Hammond Power Solutions Inc. Class A Subordinate Voting Shares (HPS.A)
- Hamilton Enhanced Canadian Bank ETF (HCAL)
Q: I currently have HCAL in a growth orientated TFSA and I don't think this is a good fit.
Currently, I hold Goog, SHOP, LMN & CLS. Do have a few ideas for a stock that could replace the HCAL ETF?
Currently, I hold Goog, SHOP, LMN & CLS. Do have a few ideas for a stock that could replace the HCAL ETF?
Q: Can I please have your comments on Constelllation's earnings. Still a top recommendation?
Q: It's not really a question but a testimony, I bought $10,000.00 worth of CSU several years ago. When it spun out TOI, I sold some of my CSU to buy more TOI, and when they spun out LUM I sold some CSU to buy more LUM. I have also sold some CSU to consolidate profits (this was probably a mistake). I now have $88,000.00 from my $10,000.00 investment. Thank you 5i for my 1,000% investment.
- Constellation Software Inc. (CSU)
- WSP Global Inc. (WSP)
- Celestica Inc. (CLS)
- Descartes Systems Group Inc. (The) (DSG)
- Toromont Industries Ltd. (TIH)
- TFI International Inc. (TFII)
- ATS Corporation (ATS)
- Thomson Reuters Corporation (TRI)
- Shopify Inc. Class A Subordinate Voting Shares (SHOP)
- Lumine Group Inc. (LMN)
Q: Please provide me with your 5 of your best Industrial companies and Tech companies
Q: Nvidia, Constellation Software and Broadcom (in that order) have pulled away from the other stocks in our portfolio. We know how you view NVDA and CSU and wonder how you would rate AVGO to overweight in the portfolio as well? We hold AVGO in two registered accounts for the nice dividend.
Thank you
Thank you
Q: One of the great things about CSU that makes them “investor friendly” is that they don’t issue shares. If they aren’t raising capital by selling shares, what’s the benefit to the board/company being publicly traded?
- Amazon.com Inc. (AMZN)
- Alphabet Inc. (GOOG)
- Microsoft Corporation (MSFT)
- NVIDIA Corporation (NVDA)
- Constellation Software Inc. (CSU)
- Shopify Inc. Class A Subordinate Voting Shares (SHOP)
- Elastic N.V. (ESTC)
- Shift4 Payments Inc. Class A (FOUR)
- Duolingo Inc. (DUOL)
- Cellebrite DI Ltd. (CLBT)
- Lumine Group Inc. (LMN)
- Nextracker Inc. (NXT)
Q: My tech stocks have had a great run and it's time to trim as they are now about 33% of my portfolio. Can you please rank the above stocks along with SMCI (watching for a pullback in that one). I also have GOOG and AMZN. Do you think they are too closely related as well?
- Roper Technologies Inc. (ROP)
- Constellation Software Inc. (CSU)
- TerraVest Industries Inc. (TVK)
- Markel Group Inc. (MKL)
- Arch Capital Group Ltd. (ACGL)
- Heico Corporation (HEI)
- Topicus.com Inc. (TOI)
- Lumine Group Inc. (LMN)
Q: Are there a few Canadian and/or US companies that are “hiding in plain sight” that have the potential to be long term compounders similar to a CSU, MKL, ROP etc?
- Constellation Software Inc. (CSU)
- Toromont Industries Ltd. (TIH)
- goeasy Ltd. (GSY)
- Exchange Income Corporation (EIF)
- Vanguard Information Technology ETF (VGT)
Q: Hi Peter & 5i,
Q1 - CSU and VGT values have caused my TECH sector allocation to be overweight. Knowing you can't personalize weightings and keeping in mind the theory of letting your winners run. Would you see a trim of CSU and VGT and putting those proceeds into GSY as good switch for future growth? Or would I be just shuffling future growth from one sector to another?
Q2 - In showdown of TIH and EIF which one would you recommend for overall future returns? Do you have concerns about the debt levels of EIF versus the EBITDA? No such concerns with TIH.
Thanks always for your great insight and advice.
Q1 - CSU and VGT values have caused my TECH sector allocation to be overweight. Knowing you can't personalize weightings and keeping in mind the theory of letting your winners run. Would you see a trim of CSU and VGT and putting those proceeds into GSY as good switch for future growth? Or would I be just shuffling future growth from one sector to another?
Q2 - In showdown of TIH and EIF which one would you recommend for overall future returns? Do you have concerns about the debt levels of EIF versus the EBITDA? No such concerns with TIH.
Thanks always for your great insight and advice.
Q: 3-5 years from now who would you expect to have more growth?...LMN or CSU.
Certainly like the fact that LMN's majority shareholer is CSU. I would think CSU spun them off as they expect more growth from them as well?
Certainly like the fact that LMN's majority shareholer is CSU. I would think CSU spun them off as they expect more growth from them as well?
Q: Peter,please advise your US & Can stock picks in Feb 20 interview with Chris with a short narrative. Thanks
Q: https://www.csisoftware.com/category/press-releases/2023/08/03/constellation-software-inc.-announces-rights-offering-of-series-1-debentures
Help,
I seem to have some warrants referenced to CSU’s Series 1 Debentures. But, I am having difficulty understanding why I have them and whether or not they can be exercised.
Help,
I seem to have some warrants referenced to CSU’s Series 1 Debentures. But, I am having difficulty understanding why I have them and whether or not they can be exercised.
- Amazon.com Inc. (AMZN)
- Broadcom Inc. (AVGO)
- Monster Beverage Corporation (MNST)
- NVIDIA Corporation (NVDA)
- O'Reilly Automotive Inc. (ORLY)
- Constellation Software Inc. (CSU)
- Dollarama Inc. (DOL)
- TFI International Inc. (TFII)
- Thomson Reuters Corporation (TRI)
- Alimentation Couche-Tard Inc. (ATD)
- Ulta Beauty Inc. (ULTA)
- OTC Markets Group Inc - Class A (OTCM)
- Fair Isaac Corporation (FICO)
- Copart Inc. (CPRT)
- Transdigm Group Incorporated (TDG)
- Axon Enterprise Inc. (AXON)
- Old Dominion Freight Line Inc. (ODFL)
- Saia Inc. (SAIA)
- Boyd Gaming Corporation (BYD)
- Heico Corporation (HEI)
- Celsius Holdings Inc. (CELH)
- Brookfield Corporation Class A Limited Voting Shares (BN)
Q: Hi Peter and 5iresearch team:
In your answer to Gerry's question on Feb 16, you mentioned that CSU and ATB have been the best Canadian compounders over the last ten years. You added DOL, BYD, TFII, BN, CLL.B, TRI based on historical performance and you are expecting LMN.V, TVK, HPS.A, TOI, GSY to be potential Canadian compounders in the future.
1. Would YOU still invest in CSU, ATB, DOL, BYD, TFII, BN, CLL.B, TRI with the same conviction and weighting?
2. Could you please provide a similar answer but for the US market? Please provide 10 or so best US compounders based on historical performance that YOU think investors should keep investing in and 5 or so US companies that YOU would buy as potential US compounders in the future.
Thank you for the great service.
In your answer to Gerry's question on Feb 16, you mentioned that CSU and ATB have been the best Canadian compounders over the last ten years. You added DOL, BYD, TFII, BN, CLL.B, TRI based on historical performance and you are expecting LMN.V, TVK, HPS.A, TOI, GSY to be potential Canadian compounders in the future.
1. Would YOU still invest in CSU, ATB, DOL, BYD, TFII, BN, CLL.B, TRI with the same conviction and weighting?
2. Could you please provide a similar answer but for the US market? Please provide 10 or so best US compounders based on historical performance that YOU think investors should keep investing in and 5 or so US companies that YOU would buy as potential US compounders in the future.
Thank you for the great service.
Q: You seem to like LMN. Do you see them hopefully duplicating what Constellation has achieved. A good long term hold. Put away for a few years and continue to add to. ?Looks good. RAK
- Constellation Software Inc. (CSU)
- Dollarama Inc. (DOL)
- Intact Financial Corporation (IFC)
- WSP Global Inc. (WSP)
- Alimentation Couche-Tard Inc. (ATD)
- goeasy Ltd. (GSY)
- EQB Inc. (EQB)
- Topicus.com Inc. (TOI)
- Brookfield Corporation Class A Limited Voting Shares (BN)
- Lumine Group Inc. (LMN)
Q: What are your top buys (3) right now if you were investing in a mix of growth, quality, and somewhat reasonable valuation? With your answer/explanation can you include fwd p/e or whatever relevant metrics vs peers?
Also, what's a quality stock or two you'd like to buy but would want to see come down a bit/something you'd be looking to pick up in a broad market selloff?
Also, what's a quality stock or two you'd like to buy but would want to see come down a bit/something you'd be looking to pick up in a broad market selloff?
- Constellation Software Inc. (CSU)
- Fortis Inc. (FTS)
- Hydro One Limited (H)
- Topicus.com Inc. (TOI)
- Ivanhoe Electric Inc. (IE)
- Lumine Group Inc. (LMN)
Q: Hello Peter,
What is happening to Ivanhoe electric? It is on a downward trend. I am thinking of selling my toi, and lmn, to invest in CSU as everyday i see csu ticking higher. Does this strategy makes sense? Also, with nice dividend history of fortis, why is it still so low whereas hydro one seems to be ticking higher. thanks very much
What is happening to Ivanhoe electric? It is on a downward trend. I am thinking of selling my toi, and lmn, to invest in CSU as everyday i see csu ticking higher. Does this strategy makes sense? Also, with nice dividend history of fortis, why is it still so low whereas hydro one seems to be ticking higher. thanks very much
Q: What is the max you would have for a combined weighting of CSU, TOI, and LMN in your portfolio?
- Costco Wholesale Corporation (COST)
- Constellation Software Inc. (CSU)
- Vertiv Holdings LLC Class A (VRT)
Q: I'm a fairly unsophisticated investor so your advice has been well worth the price.
I am trying to understand the metrics to better value a company.
The price of some companies like Costco and CSU has soared, but you have mentioned such rises not being a bubble if other metrics like P/E ratio are in line with that. Is that the case for these two companies or are they now over-priced?
Also, you seem to be recommending VRT but the P/E ration on that is around 90. That seems very high.
I am trying to understand the metrics to better value a company.
The price of some companies like Costco and CSU has soared, but you have mentioned such rises not being a bubble if other metrics like P/E ratio are in line with that. Is that the case for these two companies or are they now over-priced?
Also, you seem to be recommending VRT but the P/E ration on that is around 90. That seems very high.
Q: Hi, Any comments/read between the lines, on the US$ 1 Billion Private Offering of Senior Notes, announced by the company, Today ? Could this be the reason for the weakness in the stock this week ? Thank You