Q: Down 47% on CTS. Up on TOI 33% and LMN 22% on taxable account. My question is it time to let go of CTS and increase the other two? Also have NVDA in this account essentially even. All were bought at the same time. Thanks
5i Research Answer:
CTS got a revised bid today and we might be reluctant to let it go just yet as we may see a bidding war. It is doubtful, but there is a chance since another party has now emerged and forced the first buyers' hand. Once this deal has been done and share tendered (no commission on tendering) we think LMN is the one to buy.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in NVDA.