Q: I currently hold Maple Leaf Foods (MFI.CA) in my TFSA. It appears to be currently trading around its fair value (at least according to Morningstar). And MFI.CA just announced that it is reviewing its recent investments in plant based protein products (like veggie burgers). So it future growth prospects may be suspect.
I suspect it may be a good time to exit. Can you recommend another consumers staples stock for my TFSA as a long term hold?
Or maybe I should not have ANY exposure in the consumer staples sector in my TFSA given the slow growth and typically lower returns in the long run in this sector. Your thoughts please!
I suspect it may be a good time to exit. Can you recommend another consumers staples stock for my TFSA as a long term hold?
Or maybe I should not have ANY exposure in the consumer staples sector in my TFSA given the slow growth and typically lower returns in the long run in this sector. Your thoughts please!