skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. DSG: I have held DSG for about 2 years in my RRSP and currently down about 24%. [Descartes Systems Group Inc. (The)]
You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: I have held DSG for about 2 years in my RRSP and currently down about 24%. This position represents about 1.75% weight in the RRSP account and 0.48% of all investment accounts. I know 2 yrs may not a long time to give an investment a change but in this day of over performing tech stocks it seems that OTEX is not able to execute. Do you agree with this view? If I decide to exit, do you have 2 or 3 options to switch into?
Thanks for all the help.
Asked by Francisco on May 15, 2024
5i Research Answer:

We would largely agree; OTEX has been disappointing, and its main attraction now is its very low valuation. There may be a typo in the question (we do not edit questions) but DSG is up 26% over the past year, and has almost doubled from two years ago. We would prefer it by far to OTEX. Other options would be CLS or GIB.A