Investment Q&A

Q: I am a retired, conservative, dividend income investor with a company pension, CPP and 30% fixed income (annuities, Fisgard Capital) and equities comprised of 15% MFs, 15% ETFs (ZLB, ZWC, ZWE, XIT) and 40% mostly blue chip stocks (BCE, BNS, RY, TRP, ECI, FTS, ALA, CGX, AQN, AD, NFI, CSH, PBH, ABT, etc).

I have owned PBH since $17 (now $103) and have trimmed it 14 times! It is still a full position. When I compare it to NWC, NWC's metrics indicate much better value (P/E, P/BV, P/CF, P/S, Beta), not to mention a 4.4% dividend vs PBH's at 1.6%. However, PBH has demonstrated incredible growth so far. So, I thought about swapping out of PBH and into NWC...simple, right? To get the same annual dividend, I'd only need to deploy 1/3 of the capital. Nope...massive capital gain!

I know there is no escaping the tax man. Any suggestions...aside from being more aggressive in reducing my PBH position over the next few years, while building a NWC position? Thanks...Steve

Q: Good afternoon,

I have enough money to add a 5% position in one of the above companies. I know you like them all. Is there a particular one that jumps out at you at today's levels that you may consider a buy above the others? Growth being the main consideration, to be held inside a TFSA. Thanks for the great service. - Jeff

Q: Hi,

I have 2 questions:

1) What is your opinion on Apple and Amazon's current stock price? Is it too overvalued (to buy)?

2) What do you think the impact of the new $14 minimum wage in Ontario will be on the food industry, particularly, on Premium Brand Holdings?

Thank you

Q: Can you recommend you top five growth stocks for my TFSA. I would like to take full advantage of tax free growth in this account. Rest of my portfolio is well balanced in my other registered and non-registered accounts. Time frame is 5 to 10 years.

Q: Can you please provide the strength of each company in terms maintaining growth within this 6 months or more from good to least?

Q: Could you please rank the three Balanced Portfolio consumer non-cyc names along with Dollarama separately for growth potential, value and risk?

Q: Are you concerned with the recent news of PBH's subsidiary HQ fine foods' pan Canadian recall on their sandwiches, due to a LIsteria concerns. Seems like damaging news. I can recall other consumer staples stocks being hit hard after similar events.
Thank you
Karim

Q: anything wrong for heavy sell, is callback their product?.

Q: I noticed that the last report done on PBH was in July 2016. What is your current view on this stock? If buying what weight should this stock be in a RRSP account?
Thanks

Q: Listed above are the stocks i currently have in my TFSA Would you suggest selling any of those listed and what would you suggest adding for 2018? All are approximately equal weight in my portfolio?
Thks for all that you do

Marcel

Q: Hi Peter,

Where can I find info on insider buys? Also, what would be your top growth picks with insider buys?

I've been a member for just a short while, but would like to thank you and your staff for the valuable insight and advice which I believe will make me a better and more knowledgeable investor with time.

Wish everyone a Merry Christmas and a Happy New Year!!! Peace and prosperity to all!!!

Thanks as always.

Q: Hi Peter,
I am looking for five good stocks to add in my RRSP right now. any advise?
no matters for sector.
Thank you,
KT

Q: Hi 5iResearch Team,
I have finally decided to give up my full position on ZCL and was wondering if you can recommend something regardless of sector/industry, to take its place. Preferably I would like something with a dividend but it is not a must. As always, good works guys.
Cheers,

Q: My 20 year old contributed $21k to his TFSA in July, purchasing roughly equal amounts of KXS, PHO, SIS, TOY and PUR. He just sold his PUR shares and now has about 26% of his now $27.6k portfolio in cash. KXS represents about 14% of his portfolio (down approx. 8% from July), PHO 20%/+33%; SIS 17%/+14% and TOY 23%/+43%. Are there one or two names you could suggest to add to his portfolio? Or would he better off maybe topping up a couple of his current holdings (KXS? SIS?). This is for a long term hold. Love your service. Thanks.

Q: The Globe Investor has the target price on PBH as $106.50 based on analysts polled by Zacks Investment Research (6 month time horizon, updated daily). On BNN yesterday, the caller asked for the street consensus target, which was $116.50. Pretty large difference = $10. Is it simply the 6 month target price vs a 12 month target price? Thanks...Steve

Q: My Daughter will be contributing to her TFSA this year (Value of about 50K).
What 5 stocks would you suggest for someone starting out who has many years to contribute and watch the account grow?
Thanks

Q: Hello 5i Team
I have about $1100 in cash in an RESP account ( grandchildren are 4 and 2 years old) to invest and unsure what sector / stocks to choose next. Current holdings are ECI, ENB, SIA and Car.un with nice gains in all. I want to diversify of course but banks seem expensive right now. Would you please suggest a few alternatives. I have considered Brookfield companies but unfortunately, I think that corporate set up causes tax reporting issues for the sponsor on the RESP account. If you know this to be untrue, please let me know.
Regards
Kathy

Q: I have owned MAXR/MDA(in my RSP; approx 2.5% of my Portfolio) since 2015 and currently Market Value slightly greater than the Book Cost . I am a long term investor ,however, I am undecided re keeping MAXR or to sell and invest in another stock. Your input would be appreciated. Second question-what two stocks would you recommend regardless of sector/weighting at this time?

Q: I hold PBH.DB.E and am wondering if I should sell the debenture as the current price has gone over the conversion price adjusted for the 125% April 2019 redemption price.

Q: Gentlemen,
Could you please list your top five growth companies? Tks
Andy,