Q: Everyone, I have some capital to invest in the tech sector, specifically LMN, for a long term hold. The market is in a downward trend and I am not interested in catching a falling knife but I was contemplating investing half in October and the other half in November OR should I wait to invest half in November and half in December? Your thoughts. Clayton
5i Research Answer:
Timing is rarely perfect, and LMN can be a stock that 'drifts' lower with no news. But at current levels we think investors can start buying, and we would be fine with a staggered approach in Oct/Nov.