Q: Hello 5i team,
The stock price has fallen a bit below my entry price and I wanted to add to it. Would you still be comfortable adding at this level. The tariff craze is not spooking the markets as much as implied and was wondering how much product PBH sells to the US(or if they have operations there)?
I am holding for the long term (purchased in Dec 2022).
Thank You,
Andrew
The stock price has fallen a bit below my entry price and I wanted to add to it. Would you still be comfortable adding at this level. The tariff craze is not spooking the markets as much as implied and was wondering how much product PBH sells to the US(or if they have operations there)?
I am holding for the long term (purchased in Dec 2022).
Thank You,
Andrew
5i Research Answer:
Canadian markets are actually up since Trump first started talking about high tariffs. We think PBH is OK and we would be fine with it as a HOLD, but we are frustrated with this one enough to not add at this time.