Q: Hi Team, I noticed DRX was removed from Growth PF .
If you own it as GARP patient investor (-22%) in 4 accounts for a total $ =2%. Will you sell, hold or add ?
Thanks
Best Regards
If you own it as GARP patient investor (-22%) in 4 accounts for a total $ =2%. Will you sell, hold or add ?
Thanks
Best Regards
5i Research Answer:
We had a big debate on this one, as we did not want to remove it at the low. But there are other opportunities out there. Essentially, DRX turned into a value stock (cheap) and the portfolio aims for growth, and we had given it some time to perform. It might get impacted by tariffs, and there is economic risk. It is very very cheap, though, and we do not think all investors need to sell. We only have a limited number of stocks in the model portfolio and want to keep it that way. Investors with patience may still do well here by holding.