Q: Your thoughts please on AW as a 3 year buy for growth
Thanks
Thanks
5i Research Answer:
AW is relatively small, but we like it well enough. It has operated very well in differing economies, raised its dividend over time, and maintained its market share. However, we would view it far more as an income stock and not one of particularly high growth. Because of its high dividend, less money is available for growth initiatives, and the industry itself is not one of high growth. But we would view it as a small cap buy for income.