Q: Hi Folks,
Looking to add PRU or GWO to my RRSP account. Looking for income, a little growth and a safe dividend. May I have your opinion as to which one you feel would be best to add today.
Thanks
Looking to add PRU or GWO to my RRSP account. Looking for income, a little growth and a safe dividend. May I have your opinion as to which one you feel would be best to add today.
Thanks
5i Research Answer:
We like PRU, but GWO is outperforming, is larger and likely a bit safer overall. This is offset by a lower dividend and a higher valuation, so there is a trade-off. We would be fine either way, but would lean to GWO overall.