Q: hi,
just curious as to the sell full DCBO in growth portfolio? March 17 answer to "Andrew" in question section you had it ranked very highly in the list of growth stocks for long term hold?
cheers, Chris
just curious as to the sell full DCBO in growth portfolio? March 17 answer to "Andrew" in question section you had it ranked very highly in the list of growth stocks for long term hold?
cheers, Chris
5i Research Answer:
In the March 17th question we ranked DCBO third last in a group of 12 stocks.
We think that DCBO can increase over time, but as we mentioned in the market update, we have exposure to the learning management systems (LMS) business through the DTOL position, and at this time we prefer DTOL. The markets are highly uncertain, and selling DCBO to add to names in different industries (PNG) we feel is important for positioning the growth model portfolio for potential upside exposure through a more diversified set of industries.