Q: FSV has had a great run this year. So I am thinking of your general recommendation to "buy on momentum". Is FSV a solid momentum buy or does it's quick rise suggest that I look elsewhere? I like that it's business is in the US.
5i Research Answer:
FSV is showing good momentum in its stock and in its business. It is a very well managed company that has managed many business cycles very well, over decades. In terms of our comfort level, it is extremely high on this stock. We have followed it for twenty years or so and know senior management. It is not cheap, but we think well worth the premium and we would be comfortable buying.