Q: Hi, With the stock's magnificent rally of 25%, Today, after the blow out results, would you consider trimming and rebalancing the SHOP weight in the Balanced Portfolio ( Should be 8.5%, I believe, now from 5.96%, Oct end ) ? Or, you would be comfortable with it and let it run ?
Thank You
Thank You
5i Research Answer:
We are comfortable letting it run in the short term, which we commonly will do after strong earnings. However, we typically will reduce if and when as it approaches 10%.