skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. HPS.A: Going into earnings do you think that Hammond Power solutions is a safe hold. [Hammond Power Solutions Inc. Class A Subordinate Voting Shares]
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: Going into earnings do you think that Hammond Power solutions is a safe hold.
I recently hold a 5% position at 103.00.
Thanks
Asked by Tony on July 15, 2024
5i Research Answer:

We like its current levels for accumulation, and a lot of its recent troubles from stock-based compensation have likely been priced in. Another consideration is since its price has actually decreased since its last earnings, SBC could act as a slight tailwind on its earnings, and this could be beneficial for the name. We would be comfortable holding through earnings.