Q: Hi peter I have a 1.7% position in ATD in my TFSA with about a 1000.00 gain in it. I was thinking of selling it and adding to my position in TOI. How much upside would the deal with 7 Eleven give ATD and would this be an ok move in general. Thanks
5i Research Answer:
We can't personalize direction but we would be fine with such a move, if wanted more growth potential and a tech stock. We like both companies but they are very different. A successful deal for 7/11 would likely provide about 10% upside we think for ATD.