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  5. HPS.A: I'm down 50% on this one. [Hammond Power Solutions Inc. Class A Subordinate Voting Shares]
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Q: I'm down 50% on this one. Any chance of recovery in the next 12-18 months or time to move on as there appears to be better opportunities out there? If so, can you suggest a couple replacements? Many thanks.
Asked by Tony on February 01, 2024
5i Research Answer:

The labour/hiring market moderating has created headwinds for ZIP over the last few years which are exected to continue. The stock is expected to see drawdowns in both revenue and EPS for 2024 and we are good with moving on here. Potential small cap replacements could be POWL and HPS.A. 

Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in ZIP.

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