Q: I want to build a long term position in either LMN or CLS. Which do you recommend. I like LMN if they can duplicate their founders performance
RAK
RAK
5i Research Answer:
We like both names, and while CLS has a longer history and trades at a cheaper valuation, we like the business model, growth profile, and management of LMN more than CLS. LMN has been making all of the right moves recently, and we feel its premium valuation is currently justified.