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  5. BYD: good morning - do you think that BYD just bottomed out, after a recent RSI of 17? [Boyd Group Services Inc.]
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Q: good morning - do you think that BYD just bottomed out, after a recent RSI of 17? The PE is a still a bit gaudy but I'm thinking of adding now to address a small allocation issue. Your thoughts, please. Thank you. Al

Asked by alex on November 25, 2021
5i Research Answer:

Perfect timing of course is impossible but considering the price decline, outlook, and estimated earnings growth, we think BYD is looking much more attractive these days. With recent labour and other issues investors seem to forget that it has been a huge capital compounder for ten years.