Q: Hello,
I need to increase my consumer cyclical allocation.
I am thinking of starting a position in Dollarama.
What would be a good entry price for this stock?
Would there be another option you would prefer?
Thank you
I need to increase my consumer cyclical allocation.
I am thinking of starting a position in Dollarama.
What would be a good entry price for this stock?
Would there be another option you would prefer?
Thank you
5i Research Answer:
We think DOL is a very high quality name and are quite comfortable with it for a long-term hold. We are comfortable buying at the current price, but a good entry price would be $140. DOL would be our top pick for exposure here, but another option with more of a growth tilt could be ATZ.