Q: Good Day 5i team!
My question is around DRX and your thoughts around taking a bigger position? The stock has had a good run, has work in the pipeline and will likely gain some traction fueled by high-rise residential and infrastructure work. Next TVE, which I hold a small position in my RRSP and am thinking about adding more. Mostly due to the dividend and that energy should be a growth area in the coming years.
Thank you so much for all your efforts in adding clarity to this crazy world of investing!
My question is around DRX and your thoughts around taking a bigger position? The stock has had a good run, has work in the pipeline and will likely gain some traction fueled by high-rise residential and infrastructure work. Next TVE, which I hold a small position in my RRSP and am thinking about adding more. Mostly due to the dividend and that energy should be a growth area in the coming years.
Thank you so much for all your efforts in adding clarity to this crazy world of investing!
5i Research Answer:
We can't personalize answers but we would be comfortable owning/buying DRX today. TVE is showing better momentum and remains cheap with a good growth profile. We would be fine adding some today for sector representation.