Q: I have a 1% position in PBH, and an extra 1% cash to deploy: I am debating between doubling my PBH position to 2%, or selling PBH and initiating a 2% position in COST. My time horizon for this investment is quite long (greater than five years): which would seem to be the more prudent choice?
5i Research Answer:
A tough call. COST is an excellent company, but pricey. It is also so much bigger than PBH. PBH, on the other hand, has struggled a bit with growth. Overall we would probably be more comfortable with COST today.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in COST.