Q: Good morning, I'm down on Lightspeed in my TFSA so no capital loss available but I'm wondering about swapping it out for Payfare. Thoughts?
Thanks, Rod
Thanks, Rod
5i Research Answer:
PAY is much smaller and should be considered higher risk. But, it is cheaper, doing better and looks to have faster expected growth. It has a solid balance sheet. We would be fine switching if an investor is comfortable with small cap exposure.