This week’s new 52-week highs… (Dec 12-18)

This company helps customer to automate their processes to help them be more competitive. It has a new CEO who is very focused on execution. The market believes they will increase profit margins by 5%. They also have a pipeline of acquisitions. Yield 0%. (Analysts’ price target is $18.70 )

(A Top Pick Feb 25/21, Up 15.3%)Stockchase Research Editor: Michael O’Reilly With the recent completed acquisition by AEM now official, we now consider this position closed. When combined with the previous recommendation to cover half the position, this results in a net investment gain of 22%.

One of the most senior producers of silver. Silver is better than gold, as the bulk of silver production comes from copper mines. Silver just crossed $24, and there's lots of upside. SSRM has a $28 price target. He wants something that will benefit once inflation is realized.

Doesn't own, but it's the kind of gold company that likely does well in next 2 years. He suspects that over the next 1-2 years, mid-cap names such as this will either do well or will be taken over. Scale matters in equity markets today; mere inclusion in indexes is good for the share price.

Stands to benefit from clarity about where to allocate spending after the US election. Will benefit from US spending on infrastructure and energy. Biggest hydrovac excavation company in NA. Big pickup right after US election, expects a new high on revenue this cycle, as well as on margin profile. Also buying back stock. Very attractive valuation…

(A Top Pick July 3/15. Down 43.04%.) Sold his holdings at around $5.50, and lost money. Their business continues to grow, and this is one that he continues to watch. There is lots of promise here.

(A Top Pick Oct 28/24, Down 15%) It's rangebound. He bought it closer to the bottom, but hasn't risen as hoped. He'd trade at $6. He'll give it the benefit of the doubt, unless it falls beneath support. He's collecting a nice 8% dividend, though.

The ultimate winner in inflation. Tough business, low margins, competitive. He owns COST. Loblaw is well run, as are MRU and EMP.A

The ultimate winner in inflation. Tough business, low margins, competitive. He owns COST. Loblaw is well run, as are MRU and EMP.A

(A Top Pick Mar 26/18, Up 97%) They smartly bought some spectrum rights a few years ago, and now they're on the fringe of the 5G spectrum. So the value of their spectrum rights will be realized later this year. He took profits, and would be lightening up on this now as the stock does…

Up 17.5% YTD. Very much technology-driven in have-to-have services in accounting, law, and other areas. Gaining penetration in its industries. Problem now is the high multiple, has become more like a growth stock. Better places to look.It never hurts to take a profit, because you never really make money until you actually realize it. Overall,…

Would recommend holding. Majority of portfolio in sunbelt states like Arizona and Texas. Would expect income to increase as more people move to warmer Southern areas. Good balance sheet that allows company to maintain dividend payouts. Expecting better times for company ahead. 

Owns shares in business. Current share price a very good time to buy. Would recommend being patient, and holding for the long term. 

Not entirely clear to him what future of back-to-the-office is. Not sure we'll have the same office boom we did pre-Covid. Lower 10-year yield in Canada is helpful, but other sectors in the space are preferable.

De-risking 40% of a portfolio at age 59. Likes the idea of PSA. TLT, he believes, is a leveraged play on the bond market and wouldn't do that. BNS high interest savings, for example, pays 4.75% for optionality and no risk. For an ETF filled with 1-year bonds that's very low risk, look at ZST.L. Pays…

Parking cash with safety. An enhanced money market yield for short-term exposure. It's money market, but corporate bonds, so a slightly higher yield. Not a HISA, but similar to one.

Tracks investment grade corporates in the US. Expensive right now. The spread is so narrow, it's hard to get excited. The bond market is having a hard time finding value. Strongly avoid right now.

(A Top Pick April 7/16. Up 0.09%.) This is a short duration portfolio of bonds in Canada. A good defensive place to be.

(A Top Pick Jan 09/23, Down 0.2%) Cast position for risk adverse investors.Higher interest rates providing risk-less return.Would recommend. 

Bond ETF for an RRSP? Buy 1/2 CBH and 1/2 CLG. Favours the laddered approach, so your money isn't maturing all at once or for quite a while.

Short vs. long term bonds. Generally as the expectation comes for rate hikes, you want longer term bonds. You don’t want corporate because if the economic slows, you just want government bonds.

He prefers corporate bonds because they yield more than government bonds. Prices will probably continue to fall. You are getting a bigger yield payment than the yield to maturity on the bonds themselves. CBO-T would be the replacement for this ETF.

Caller has an RRSP with 80% USD, when would you convert some back to CAD using DLR.U to DLR? Maybe after the Canadian election or a new trade deal, 1-3 quarters. Will be lots of volatility and the CAD could weaken. The CAD is grossly undervalued and should be trading at $1.20. Hedge in the…

Bond ETFs vs. GICs. If you have a 5 year GIC, you have zero risk. There is no volatility. VSB-T has price risk for the next 5 years and it does not mature. It is not a replacement for a GIC. You are taking interest rate risk. A bank is a better way to play…

In a rising rate environment, you might want to stick to a shorter term. XSH is a short-term, corporate, investment-grade ETF. Had drawdowns, but not as bad as a typical aggregate bond or high-yield ETF.

Parking cash, plus safety. Laddered corporate bonds. Gives you a bit more interest rate risk, but not necessarily much more incremental yield.

ZFL is Canadian long bonds. TLT is made up of Treasury long bonds. Both great vehicles in the context of trading and looking out for a recession. We're in a trading range for interest rates in general for the next few years. Bound on one end by colossal amounts of government debt, and on the…

ZFL is Canadian long bonds. TLT is made up of Treasury long bonds. Both great vehicles in the context of trading and looking out for a recession. We're in a trading range for interest rates in general for the next few years. Bound on one end by colossal amounts of government debt, and on the…

Rising interest rates tough on bond funds.Expectation is for rate cuts in 2024.Wait for rate cuts before investing. Good for defensive investors. 

Short provincial ETF. With Provincial bonds you get a little bit of pickup vs. Federal. He prefers ZPL-T for long provincials as opposed to short. He wants more long bond exposure.