Q: Hi
The results yesterday for PRL look good.
Raymond James has risen there price from $18.00 to $31.00.
Could this be a junior/next GSY?
Thank you for time.
Sincerely
Mike
The results yesterday for PRL look good.
Raymond James has risen there price from $18.00 to $31.00.
Could this be a junior/next GSY?
Thank you for time.
Sincerely
Mike
5i Research Answer:
Yes, the company is executing well and is raising its dividend on a regular basis. It is much smaller than GSY and most of its business is in the US. Also, it is more expensive on valuation. But certainly fundamental and stock momentum are quite positive here and it is getting lots of attention.