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Magna International Inc. (MG)
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Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD)
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Celsius Holdings Inc. (CELH)
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Nextracker Inc. (NXT)
Q: My losing stocks are LSPD (-65%), MG (-45%), CELH (-53%), and NXT (-40%) in my portfolio. I am contemplating an annual cleaning to weed out the poor performers before year end and invest the proceeds elsewhere.
Please recommend if any of the above mentioned stocks are still worth keeping for recovery in the recent interest rate cut environment ? if not, please rank the order of wipe out sequence. Thank you for your excellent service. Bill.
Please recommend if any of the above mentioned stocks are still worth keeping for recovery in the recent interest rate cut environment ? if not, please rank the order of wipe out sequence. Thank you for your excellent service. Bill.
5i Research Answer:
We would, if selling, use this order: LSPD, MG, CELH, NXT. We do think the latter three have...
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in CELH, NXT.