Q: this stock drops 4% only today ( jan. 14 th)... plus a constant downtrend since the Cie change.Is it time to sell with a10% loss on paper ,or is it still considered as a safe and interesting dividend stock ?
5i Research Answer:
There has been no news for more than a month. Tuesday's drop was on no news and low volume. It is down 5% YTD but many stocks are down already this year as concerns on inflation/rates re-emerge. We see nothing 'wrong' here, but as a small, economically-sensitive company there are risks. But we would continue to view it positively for income investors.