Q: Happy New Year to all at 5i and fellow members as well,
For this year's 7K TFSA contribution, I'm considering adding Alphabet. Due to the decline in both BCE and T, we are very underweight in this sector. Also, we're underweight in USA holdings as well. Would you endorse this strategy? Thanks as always for your insight.
For this year's 7K TFSA contribution, I'm considering adding Alphabet. Due to the decline in both BCE and T, we are very underweight in this sector. Also, we're underweight in USA holdings as well. Would you endorse this strategy? Thanks as always for your insight.
5i Research Answer:
Yes; considering its valuation, balance sheet, cash flow, R&D spending and market share in high growth areas, we would consider GOOG very attractive today.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in GOOG.