Investment Q&A

• Apple Inc. (AAPL $238.15)
  • $238.15 P/E (TTM): 35.52X Cap: $3.51T
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• Alphabet Inc. (GOOG $251.42)
  • $251.42 P/E (TTM): 25.73X Cap: $3.04T
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• Microsoft Corporation (MSFT $509.04)
  • $509.04 P/E (TTM): 37.38X Cap: $3.83T
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• Constellation Software Inc. (CSU $4,355.17)
  • $4,355.17 P/E (TTM): 108.48X Cap: $91.16B
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Q: Hi Folks,
I have a question concerning what affect a recession would have on Tech stocks such as Apple, Microsoft, Google and even Constellation Software?
I am nibbling away at buying these now but I am wondering whether I should wait to finish buying my full position on each until the recession is over.
Thanks

Upvote 0

Read Answer Asked by JOHN on March 24, 2023

• Constellation Software Inc. (CSU $4,355.17)
  • $4,355.17 P/E (TTM): 108.48X Cap: $91.16B
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Q: What is your recommendations with regards to the shares of Lumine Group that are now active in my account. Buy more, sell or hold?

Thanks Dave.

Upvote 0

Read Answer Asked by David on March 24, 2023

• Adobe Inc. (ADBE $352.73)
  • $352.73 P/E (TTM): 22.41X Cap: $147.23B
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• Intuit Inc. (INTU $651.30)
  • $651.30 P/E (TTM): 47.26X Cap: $181.59B
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• Constellation Software Inc. (CSU $4,355.17)
  • $4,355.17 P/E (TTM): 108.48X Cap: $91.16B
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• Aritzia Inc. Subordinate Voting Shares (ATZ $86.57)
  • $86.57 P/E (TTM): 42.34X Cap: $10.01B
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• Copart Inc. (CPRT $46.57)
  • $46.57 P/E (TTM): 31.84X Cap: $46.02B
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• Brookfield Asset Management Ltd. Class A Limited Voting Shares (BAM $80.49)
  • $80.49 P/E (TTM): 38.53X Cap: $128.49B
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Q: please list 3 Canadian companies and 3 US companies with moats also show their forward P/E versus their historical P/E. in your list please exclude V. MA. and CP and CNR. thanks Richard

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Read Answer Asked by richard on March 22, 2023

• Constellation Software Inc. (CSU $4,355.17)
  • $4,355.17 P/E (TTM): 108.48X Cap: $91.16B
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Q: What does the market expect from CSU next week?


Thx

Upvote 0

Read Answer Asked by blake on March 22, 2023

• Constellation Software Inc. (CSU $4,355.17)
  • $4,355.17 P/E (TTM): 108.48X Cap: $91.16B
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• SPDR S&P 500 ETF Trust (SPY $660.00)
  • $660.00 P/E (TTM): 82.05X Cap: $667.17B
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Q: What one equity investment would you recommend everyone be acquiring today, and why? Thanks

Upvote 0

Read Answer Asked by Steven on March 20, 2023

• Constellation Software Inc. (CSU $4,355.17)
  • $4,355.17 P/E (TTM): 108.48X Cap: $91.16B
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• Topicus.com Inc. (TOI $160.67)
  • $160.67 P/E (TTM): 78.79X Cap: $13.78B
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Q: When Lumine starts trading later this month, I will want to add to the shares that I will receive by virtue of my CSU holding. Is it your expectation that there will initially be some selling pressure and hence price weakness as investors who do not see Lumine as a core holding, sell the shares that they received? Also as was the case with Topicus, can I assume that an additional source of selling will be index funds who will be forced to sell their shares?
In your opinion, when will be the optimal time to acquire additional shares - immediately after they start trading, or gradually over the following weeks?...thanks...Glenn

Upvote 0

Read Answer Asked by Glenn on March 20, 2023

• Constellation Software Inc. (CSU $4,355.17)
  • $4,355.17 P/E (TTM): 108.48X Cap: $91.16B
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Q: Hello, Any comments on Lumine Group results ? Thanks

Upvote 1

Read Answer Asked by rajeev on March 16, 2023

• Alphabet Inc. (GOOGL $251.16)
  • $251.16 P/E (TTM): 25.67X Cap: $3.04T
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• Microsoft Corporation (MSFT $509.04)
  • $509.04 P/E (TTM): 37.38X Cap: $3.83T
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• NVIDIA Corporation (NVDA $174.88)
  • $174.88 P/E (TTM): 57.36X Cap: $4.31T
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• Constellation Software Inc. (CSU $4,355.17)
  • $4,355.17 P/E (TTM): 108.48X Cap: $91.16B
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• Descartes Systems Group Inc. (The) (DSG $140.05)
  • $140.05 P/E (TTM): 61.82X Cap: $12.14B
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• Kinaxis Inc. (KXS $184.28)
  • $184.28 P/E (TTM): 157.17X Cap: $5.28B
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• Shopify Inc. Class A Subordinate Voting Shares (SHOP $202.34)
  • $202.34 P/E (TTM): 80.6X Cap: $264.64B
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• Topicus.com Inc. (TOI $160.67)
  • $160.67 P/E (TTM): 78.79X Cap: $13.78B
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Q: My Tech holdings are getting too high, thanks to your good advice. Would you please provide your current ranking of the stocks listed? I've included GOOGL, even though I believe you place it in the comm/serv sector.

Upvote 0

Read Answer Asked by Jim on March 16, 2023

• Alphabet Inc. (GOOG $251.42)
  • $251.42 P/E (TTM): 25.73X Cap: $3.04T
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• Microsoft Corporation (MSFT $509.04)
  • $509.04 P/E (TTM): 37.38X Cap: $3.83T
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• Visa Inc. (V $340.03)
  • $340.03 P/E (TTM): 33.15X Cap: $657.73B
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• Toronto-Dominion Bank (The) (TD $107.08)
  • $107.08 P/E (TTM): 8.97X Cap: $182.60B
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• Sun Life Financial Inc. (SLF $80.87)
  • $80.87 P/E (TTM): 15.0X Cap: $46.72B
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• Constellation Software Inc. (CSU $4,355.17)
  • $4,355.17 P/E (TTM): 108.48X Cap: $91.16B
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• Descartes Systems Group Inc. (The) (DSG $140.05)
  • $140.05 P/E (TTM): 61.82X Cap: $12.14B
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• BRP Inc. Subordinate Voting Shares (DOO $89.47)
  • $89.47 Cap: $6.49B
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• EQB Inc. (EQB $91.10)
  • $91.10 P/E (TTM): 10.34X Cap: $3.49B
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• Brookfield Corporation Class A Limited Voting Shares (BN $95.95)
  • $95.95 P/E (TTM): 157.67X Cap: $142.95B
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Q: Seem to be some good deals out there. Would you be able to suggest a list of top 10 compelling buys in this current market decline?

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Read Answer Asked by D on March 14, 2023

• Constellation Software Inc. (CSU $4,355.17)
  • $4,355.17 P/E (TTM): 108.48X Cap: $91.16B
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Q: Am I correct in assuming the Svb banking failure could benefit as Csu may be able to purchase prospects at a cheaper price?

Upvote 0

Read Answer Asked by Terry on March 14, 2023

• Toronto-Dominion Bank (The) (TD $107.08)
  • $107.08 P/E (TTM): 8.97X Cap: $182.60B
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• Bank of Nova Scotia (The) (BNS $89.13)
  • $89.13 P/E (TTM): 16.87X Cap: $109.45B
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• Enbridge Inc. (ENB $67.25)
  • $67.25 P/E (TTM): 23.89X Cap: $147.39B
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• Sun Life Financial Inc. (SLF $80.87)
  • $80.87 P/E (TTM): 15.0X Cap: $46.72B
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• Constellation Software Inc. (CSU $4,355.17)
  • $4,355.17 P/E (TTM): 108.48X Cap: $91.16B
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• Dollarama Inc. (DOL $187.34)
  • $187.34 P/E (TTM): 41.76X Cap: $51.77B
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• Descartes Systems Group Inc. (The) (DSG $140.05)
  • $140.05 P/E (TTM): 61.82X Cap: $12.14B
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• Alimentation Couche-Tard Inc. (ATD $72.82)
  • $72.82 P/E (TTM): 19.64X Cap: $68.86B
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• Brookfield Asset Management Ltd. Class A Limited Voting Shares (BAM $80.49)
  • $80.49 P/E (TTM): 38.53X Cap: $128.49B
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Q: What are the companies getting attractive in these times?..I bought some BN..it had a 4% drop yesterday..Please suggest any quality companies to watch. Thanks.

Shyam

Upvote 0

Read Answer Asked by Shyam on March 13, 2023

• Constellation Software Inc. (CSU $4,355.17)
  • $4,355.17 P/E (TTM): 108.48X Cap: $91.16B
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• Enghouse Systems Limited (ENGH $20.97)
  • $20.97 P/E (TTM): 15.41X Cap: $1.15B
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Q: Do you think the 22% drop in ENGH Friday has any flow through to CSU? Both stocks had been performing very well.

Upvote 0

Read Answer Asked by Keith on March 13, 2023

• Constellation Software Inc. (CSU $4,355.17)
  • $4,355.17 P/E (TTM): 108.48X Cap: $91.16B
  • View CSU Profile
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• goeasy Ltd. (GSY $208.48)
  • $208.48 P/E (TTM): 12.47X Cap: $3.36B
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• Aritzia Inc. Subordinate Voting Shares (ATZ $86.57)
  • $86.57 P/E (TTM): 42.34X Cap: $10.01B
  • View ATZ Profile
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• Brookfield Corporation Class A Limited Voting Shares (BN $95.95)
  • $95.95 P/E (TTM): 157.67X Cap: $142.95B
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Q: Peter, if you were initiating or adding to positions in your TFSA, which 2-3 Canadian Companies would you be picking for maximum returns (top picks)?

Thank you

Upvote 0

Read Answer Asked by Carmen on March 13, 2023

• Constellation Software Inc. (CSU $4,355.17)
  • $4,355.17 P/E (TTM): 108.48X Cap: $91.16B
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Q: Please provide some colour on their recent purchase and when do you expect the next earnings report?
Thank you.

Upvote 0

Read Answer Asked by Terry on March 08, 2023

• Costco Wholesale Corporation (COST $952.07)
  • $952.07 P/E (TTM): 56.54X Cap: $425.78B
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• Alphabet Inc. (GOOG $251.42)
  • $251.42 P/E (TTM): 25.73X Cap: $3.04T
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• NVIDIA Corporation (NVDA $174.88)
  • $174.88 P/E (TTM): 57.36X Cap: $4.31T
  • View NVDA Profile
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• Constellation Software Inc. (CSU $4,355.17)
  • $4,355.17 P/E (TTM): 108.48X Cap: $91.16B
  • View CSU Profile
  • View Questions on CSU
  • View Reports on CSU
• WSP Global Inc. (WSP $285.25)
  • $285.25 P/E (TTM): 46.91X Cap: $37.60B
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• Kinaxis Inc. (KXS $184.28)
  • $184.28 P/E (TTM): 157.17X Cap: $5.28B
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• Brookfield Corporation Class A Limited Voting Shares (BN $95.95)
  • $95.95 P/E (TTM): 157.67X Cap: $142.95B
  • View BN Profile
  • View Questions on BN

Q: My wife just started a tax free savings account. She recently bought ATZ and SHOP. Can you recommend a couple good Canadian stocks for her tax free? Also Is it fine to purchase US stocks in her Canadian account? Can you recommend a couple US stocks also.

Upvote 0

Read Answer Asked by sean on March 08, 2023

• Alphabet Inc. (GOOG $251.42)
  • $251.42 P/E (TTM): 25.73X Cap: $3.04T
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• Constellation Software Inc. (CSU $4,355.17)
  • $4,355.17 P/E (TTM): 108.48X Cap: $91.16B
  • View CSU Profile
  • View Questions on CSU
  • View Reports on CSU
• Kinaxis Inc. (KXS $184.28)
  • $184.28 P/E (TTM): 157.17X Cap: $5.28B
  • View KXS Profile
  • View Questions on KXS
  • View Reports on KXS

Q: I need to trim my technology exposure. Can you please rank CSU, GOOG and KXS for a one to two year period, and advise what percentage of a portfolio you would allocate to technology at this time?

Upvote 0

Read Answer Asked by Curt on March 07, 2023

• Constellation Software Inc. (CSU $4,355.17)
  • $4,355.17 P/E (TTM): 108.48X Cap: $91.16B
  • View CSU Profile
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• Descartes Systems Group Inc. (The) (DSG $140.05)
  • $140.05 P/E (TTM): 61.82X Cap: $12.14B
  • View DSG Profile
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  • View Reports on DSG
• TFI International Inc. (TFII $131.52)
  • $131.52 P/E (TTM): 21.63X Cap: $10.81B
  • View TFII Profile
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• goeasy Ltd. (GSY $208.48)
  • $208.48 P/E (TTM): 12.47X Cap: $3.36B
  • View GSY Profile
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  • View Reports on GSY
• Brookfield Corporation Class A Limited Voting Shares (BN $95.95)
  • $95.95 P/E (TTM): 157.67X Cap: $142.95B
  • View BN Profile
  • View Questions on BN

Q: If you were setting up a TFSA with CAD equities only, what five stocks do you recommend ranked by order you would purchase. If you could give a brief reason as to why you recommended each equity, that would be appreciated.

Upvote 1

Read Answer Asked by David on March 07, 2023

• Adobe Inc. (ADBE $352.73)
  • $352.73 P/E (TTM): 22.41X Cap: $147.23B
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• Intuit Inc. (INTU $651.30)
  • $651.30 P/E (TTM): 47.26X Cap: $181.59B
  • View INTU Profile
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• Microsoft Corporation (MSFT $509.04)
  • $509.04 P/E (TTM): 37.38X Cap: $3.83T
  • View MSFT Profile
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• Constellation Software Inc. (CSU $4,355.17)
  • $4,355.17 P/E (TTM): 108.48X Cap: $91.16B
  • View CSU Profile
  • View Questions on CSU
  • View Reports on CSU
• Brookfield Corporation Class A Limited Voting Shares (BN $95.95)
  • $95.95 P/E (TTM): 157.67X Cap: $142.95B
  • View BN Profile
  • View Questions on BN

Q: just starting a resp for grandson and wondering if you were in my shoes with a good long term strategy which stocks would you start with? Does not have to pay a dividend as want growth with a chance he will have enough funds to go to Harvard for three to four years {ha, ha]

Upvote 0

Read Answer Asked by hans on March 03, 2023

• Constellation Software Inc. (CSU $4,355.17)
  • $4,355.17 P/E (TTM): 108.48X Cap: $91.16B
  • View CSU Profile
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  • View Reports on CSU
• Topicus.com Inc. (TOI $160.67)
  • $160.67 P/E (TTM): 78.79X Cap: $13.78B
  • View TOI Profile
  • View Questions on TOI
  • View Reports on TOI

Q: I understand CSU is focused in the US market; TOI in Europe; where does this leave the focus for LMN and would they be in competition with CSU and TOI? Thank you

Upvote 0

Read Answer Asked by Terry on March 02, 2023

• Constellation Software Inc. (CSU $4,355.17)
  • $4,355.17 P/E (TTM): 108.48X Cap: $91.16B
  • View CSU Profile
  • View Questions on CSU
  • View Reports on CSU
• TFI International Inc. (TFII $131.52)
  • $131.52 P/E (TTM): 21.63X Cap: $10.81B
  • View TFII Profile
  • View Questions on TFII
  • View Reports on TFII

Q: Thanks Peter and Ryan for getting us through these difficult times. I'm looking for some future growth potential stocks with a 10+ year timeline horizon, who would be some of your picks who have the right team and vision in place for growth?

Thanks!!

Upvote 0

Read Answer Asked by Andrew on March 01, 2023