Q: Hello,
Looking for advice to invest our RESP contribution this year for my daughter. Time horizon is 17 years. Do you prefer any of these for good growth, or are their any others you would prefer (companies traded in Canada would be ideal)?
Thank you, and Happy New Year.
Looking for advice to invest our RESP contribution this year for my daughter. Time horizon is 17 years. Do you prefer any of these for good growth, or are their any others you would prefer (companies traded in Canada would be ideal)?
Thank you, and Happy New Year.
5i Research Answer:
We like ATZ, we think ATZ could recover decently as growth resumes and market rerates the company. SAP is a decent name but it is quite mature as an IT company, we don’t expect growth to accelerate too much from here. SIS is a good option with growing cash, declining debt and ok growth relative to the valuation.