- Stella-Jones Inc. (SJ)
- Teck Resources Limited Class B Subordinate Voting Shares (TECK.B)
- Nutrien Ltd. (NTR)
- West Fraser Timber Co. Ltd. (WFG)
Q: Hi Peter and Staff
Long time holder of NTR and have whittled my materials to just this one with a 1% weighting . Selling now at this price seems like a bad idea but with the premise “it doesn’t care what you paid for it “ for a long term hold , do you favour it , SJ or TECK.B and why ?
Thanks for all you do
Dennis
Long time holder of NTR and have whittled my materials to just this one with a 1% weighting . Selling now at this price seems like a bad idea but with the premise “it doesn’t care what you paid for it “ for a long term hold , do you favour it , SJ or TECK.B and why ?
Thanks for all you do
Dennis
5i Research Answer:
Among the three names, we like SJ and NTR most. We like companies with shareholder-friendly policies in the materials sector. NTR has an aggressive share repurchase policy, while SJ executes its growth strategy quite well along with a heathy capital return program. In addition, we also like names like WFG.