Q: Hi folks,
I currently hold CTC.A in my TFSA and just breaking even. I am thinking of switching to DOL. May I have your opinion as to which company you think would have the best growth profile going forward.
Thanks
I currently hold CTC.A in my TFSA and just breaking even. I am thinking of switching to DOL. May I have your opinion as to which company you think would have the best growth profile going forward.
Thanks
5i Research Answer:
We think DOL will have better growth, and we also think it is a better, well-run company overall. It is more expensive on valuation, but massively outperforming CTC with better momentum. DOL also is less vulnerable to a slowdown if we see an economic decline.