Q: Hi Folks,
I trimmed some WSP(in my TFSA) and I'm looking to add to my position in AMZN or start a new position in LMN. May I have your opinion as to which would be the best today.
Thanks
I trimmed some WSP(in my TFSA) and I'm looking to add to my position in AMZN or start a new position in LMN. May I have your opinion as to which would be the best today.
Thanks
5i Research Answer:
The two of course are very different. We like both. LMN we think may have more long term upside potential, partially from just being so much smaller, so it has more leverage to its M&A activity. AMZN is likely safer by far, and we think still has lots of potential. We would be fine with LMN if an investor is comfortable with its much smaller market cap.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in AMZN.