Investment Q&A

Q: I'm a conservative investor and have been looking at the valuations on these three companies for awhile. All have good grades and have had decent pullbacks. What order would you rate purchasing these companies, or any other ones, based on least risk and greatest capital appreciation over the next two years. Thank you.

Q: Hello,

What would one expect to have happen with shares of NHC that were held as of the delisting? Will these re-appear as US listed shares in the same account? What are the different outcomes that are possible?

Thanks

Q: Ryan,
I appreciated your recent blog post about the rebalancing trade potential for health care. Given there is so little to choose from in Canada would it be wise to look to US listed companies who have suffered as well. If so would it be better to go the etf route or do you have any company specific recommendations. Thanks again for your great service.

Q: I have a 1% weighting in Knight, with its recent addition to theTSE and its recent rise to new levels would it be advisable to double the weighting in a balanced diversified portfolio looking for some growth?

Thanks.

Q: What do you think of Horizon Rotation HAC for a fairly safe TFSA pick? I am semi retired, don't touch the TFSA for income right now but not exactly immune to a huge loss either.

Q: Hi All at 5i!!! This is a rather simple question...but I have to ask it. What are some examples of cyclical stocks ( I have my own mental list) and how can one tell when the stocks are approaching the end of their up cycle. What are the telltale signs? Thank you and Happy New Year to you all. Ps. I am excited for your US portfolio !!!!Cheers!

Q: How would you rate either of these two foreign banks on two different continents?

Q: In my 35-stock portfolio, I have a 9% overall weighting in the following:

ALA - 3%
ENB - 2.5%
TRP - 2.1%
BEP.UN - 1.4%

I am assuming that 9% is an "okay weighting" for this group (?) but my main question is, whether or not you see too much overlap in these stocks.

I know this group provides a mixture of storage and pipelines that move shale oil, crude, gas, etc. I also have exposure to renewable energy which has kept me from investing in other power-related stocks such as Fortis and Canadian Utilities.

Do you have any concerns about the weighting or overlap?

By the way, the only energy stock I have is TOU - 1.2%, if that makes any difference.

Thanks.

Jim

Q: I haven't been able to find a website that gives me short positions on NYSE listed stocks...could you provide me with a link to a free website offering this information , please and thank you...cheers

Q: While I loath owning material stocks given the geopolitical, operational and commodity price exposure, I see AEM on your portfolio has taken a beating and this might represent an entry point. Materials is a zero weighting in my portfolio at present. Time for a change of heart?

Q: HCG still is waiting for a banking license, once this is obtained and they can start taking deposits and diversify their revenue streams, some/many of the short sellers may get frustrated...for HCG, slow and steady wins the race, it is only a matter of time before HCG gets some more love for its merits. Is my rationale totally flawed or partly flawed? How do you see it? Thanks!

Q: Hi 5i team,
Is there something going on with methanex corp?

It is no longer trade it in my account.
Andrew

Q: How much time ( weekly or monthly) and relative importance should a non professional track the: macro; sector specific; and company information, in order to be informed of information that could either have a positive or negative effect on an individuals portfolio.

Q: Your opinion on CCI.UN for income and long term hold , is the 10% plus sustainable?
Happy New Year
Cec

Q: What do you know about this company? Is it investable for the long term?
If not, which companies would you recommend in this space?
Thx.

Q: If you had a choice between FB and SHOP, which would you choose. The stock will be in a RRSP and a long term hold (likely more than 5 years).

Q: Best of the Season to All at 5i
Is 5i planning to do report on Shopify? If so, I was wondering if you could address the following: Shopify now has a market cap in excess of $5B. It has negative earnings, and is not expected to make a profit in 2017. Its estimated revenues in 2017, according to Morningstar are approx $0.55B
To put this in perspective, Linamar has a market cap of $3.8B. It made $350M of free cash flow in 2015 and will increase that in 2016. This is AFTER some $375M of capital investment is subtracted from earnings. I realize they are in entirely different industries, but if I could magically own one company or the other outright today, I would choose LNR in a heartbeat.
The market is always right I suppose, and you have a 100% gain on SHOP in your growth portfolio. But at what point does the reality of fundamentals come into play?
I recall years ago when Ballard Power had a higher market cap than Loblaws. That happened.
P.S. Yes, I do have a case of sour grapes because I did not heed your advice and buy SHOP when you recommended it!
Cheers
John

Q: Hello! I have received a decent sized amount of gifted funds (decent sized relative to my existing portfolio). I plan to spread it across my holdings which are almost entirely made up of the BE Portfolio. I know that usually January can be volatile. Would you 1) hold onto the gifted amount in cash for now and deploy later when the markets calm (February for example), 2) deploy now, knowing January can be volatile? Or if there is a better method you would recommend? Thanks!!

Q: I was given these recently as possible gold stock investments, I would only be investing a small amount into one or more of them and was wondering what you might be able to tell me about them. Also what are your views on what gold may do over the next year or two.

Q: I am looking to make an investment in a company that produces rare earth metals. What would you consider the best TSX listed companies in this sector. Do you think any potential trade conflict between Trump and China could have an effect on the rare earth metals market. Thanks