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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.

Q: I am looking for quality dividend-growth Canadian stock, yielding at least 5%, mid cap or larger, for medium to long hold, in the following sectors: banks, pipelines, renewable energy.

I am considering adding to BNS, Brookfield Renewable (BEP.UN) and Enbridge (ENB).

I could add to Interpipe (IPL) or Innergex (INE) but am thinking that Enbridge and Brookfield Renewable are better choices at the moment.

Your opinion? Other names to consider?
Read Answer Asked by Carl on November 28, 2018
Q: Hi, was thinking that the market is volatile, and in a small downward trend, hopefully nothing comes of it.
As a mostly income, small growth investor i’am down 20% on INE, it seems to be over done? I was thinking of holding on into the new year even if it goes down more.
Are you ok with the quality of INE to hold for a recovery and collect the dividend, or would you sell and move on? What is your favourite income stocks to HOLD in a market downturn?
Thanks for your views
Read Answer Asked by Brad on October 19, 2018
Q: I am a fan of renewable energy and have positions in the following - NPI - 4%, BEP.UN - 3% and INE - 3%. I would like to add to either BEP or INE to bring one of them up to 4%.
What would your preference be for a long term holding considering dividend safety and dividend growth as well as capital appreciation over the long term - 5 years +?
When I look at BEP on Morningstar I see a long term debt / equity ratio of 2.3. INE shows the same ratio at 7. Revenue growth at INE seems better. Is INE's debt level a concern?
Thank you
Read Answer Asked by Robert on July 31, 2018
Q: Having sold both of these in the past couple of weeks, I was going to repurchase them in 30 days, but don't think I will. They both seem to be income type of stocks and I would prefer some growth. Can you recommend any stocks with better growth in these sectors or perhaps I just keep away from certain sectors as your balanced portfolio does.
Read Answer Asked by stephen on June 07, 2018
Q: Hello 5i,
I have a question which I don't know if it falls in your domain. But, i will try it. I have been thinking about gradually switching my utilities sector towards renewable energy. Currently I hold Algonquin and Emera which I will want to keep. { I know Emera is not on the renewals side, but i have a large cap gain and I don't want to pay the tax. There are other reasons to keep it, too}. Then, I have Enb and transcanada, which I would plan to sell if they come back a bit. I currently have about 9% in utilities where I think you recommend 15 for a retired person; but I am ok with that and am overweight technology and industrials. could you suggest a name or some names which would round out in a balanced way such a sector allocation?
thanks as always for the great service
Read Answer Asked by joseph on April 19, 2018
Q: Hello, I would like to lighten up or sell one of the three companies, which would you chose at this time? And which would you consider is the best to keep for growth, dividend, management ,and long term hold.
Thanks, Brad
Read Answer Asked by Brad on April 13, 2018
Q: I am thinking about switching from Alta-Gas to Innergex for a 3% position and taking a reduction in yield. 5 to 10 years holding time. The 2017 INE results were out late today. In looking them over I see significant improvement in revenues and adjusted EBITDA as well as a drop in the payout ratio due to an improvement in free cash flow. The dividend was increased modestly by 3%. However, earnings were down substantially.
Power generation was down due to lower flow volumes in BC and lower than average winds in France.
Would the anticipated rate increases be discounted in the current price in your opinion?
Do you think this is a reasonable switch at this time? Also, in your opinion is there anything in the 2017 results that would be a major red flag for you that I might be missing?
Thanks as always,
Rob
Read Answer Asked by Robert on February 22, 2018
Q: I have a full position in AQN and have become interested in INE due to their latest aquisition. Please compare the two for growth and income. Should I switch, or would a half position in each make sense? - Cheers, Ted
Read Answer Asked by Edward on November 02, 2017
Q: Hi, would like your opinion on Enf. I have had it over a year with a 4% loss,but doing ok with dividend.
I was thinking of switching to either CWX or INE for a little more growth with a dividend. Would you consider this a ok switch or would I just be spinning my wheels.
Sector is no problem, but do like good management,good cash flow, lower debt, some growth etc.
Or could you recommend one or two dividend stocks with some growth?
Thanks,long term member

Read Answer Asked by Brad on October 24, 2017
Q: Hello 5i,

Would you have interesting companies on your radar screen that are either in the renewable energy, water, or waste sector that would be eco friendly?

Please exclude BEP.UN AQN, BLX, and INE.

(aware of market cap risk and sector risks)

Thanks!
Read Answer Asked by Elliott on September 15, 2017
Q: My primary investment objective is to find companies with growth potential with a secondary goal for some dividend income. I bought Innergex renewable (INE) a year ago at 14.80. This year it has been flat around 14.50. I am considering selling it and reinvesting the proceeds into Gilead (GILD). With GILD there is also the potential of some currency appreciation. Please let me have your thoughts. Is there another Company you would prefer to Gilead??
Read Answer Asked by Bob on July 21, 2017
Q: Please list these stocks in order of preference for a purchase today. At present I already own BEP.UN and AQN. Also, does adding a third stock in the renewable energy category result in over-exposure? Thank you.
Read Answer Asked by Barrie on June 13, 2017
Q: Greetings 5i team: Could you please comment on the above stocks with respect to their current versus historical valuations? I guess I am trying to gauge the extent(if at all)their share price is being "propped up" by their yield. I think I know the sectors that are considered most vulnerable to interest rate increases, but do any companies jump to mind that could be more negatively affected than their peers, particularly if rates rose faster than the market anticipates or for the wrong reasons, i.e. inflation versus economic growth? Thank you and best wishes,
Read Answer Asked by Stephen R. on December 21, 2016
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