Q: MDA is up about 15% today so they must have reported good numbers today. I have a 2% weighting now breaking even. I’m thinking of buying more to increase my weighting up to 3%. Am I crazy?
Jim
Jim
5i Research Answer:
We have posted comments on the quarter just now. The backlog has grown nicely, and the fear of competition and tariffs seems overblow. We cannot comment on personal position sizes but would be comfortable buying it with its revised outlook and current valuation.