Q: I was happy to learn recently that TD now offers partial share purchases which I think is a great way to afford buying a company like CSU considering its 4000+ cost. I have a small amount to invest and was considering buying a partial share of CSU. At this point in time, considering current valuations and the potential for long term capital growth, would your preference be CSU or one of other Constellation spin offs LMN or TOI. Please explain why you would choose one over the other two. I intend to make this stock purchase within a TFSA. Many thanks for the for the great service that you provide.
5i Research Answer:
If only choosing one, we would side with CSU, since it has exposure through ownership of the others, anyway. We like all of them, but CSU shares do tend to be less volatile than the others, and this typically allows investors to hang on longer and enjoy the company's successes.