Q: How do you think these companies will do during a recession or if Trump tariffs are introduced? Are they relatively tariff proofed?
Looking for some stability for the next few years with some income.
Looking for some stability for the next few years with some income.
5i Research Answer:
With their business being 'services' we would not expect much tariff impact. Both generate consistent stable cash flow, and with rates heading lower we would expect reasonable (not stellar) performance. They are not recession proof but generally will fare better than most sectors in a downturn. Both have seen 35%+ returns in the past year and we would not expect such high returns going forward.