skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. NVEI: You have this company in your growth portfolio at $94 . [Nuvei Corporation Subordinate Voting Shares]
You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: You have this company in your growth portfolio at $94 . What are the chances it will return to that level any time soon?

Asked by Robert on May 09, 2022
5i Research Answer:

The stock is now 24X earnings, debt free with $200M cash and growing fast. Fundamentals are good, but it is going to need a better market to do well. This could happen when inflation and/or interest rates peak. Right now there is a valuation contraction in the market, but at some point sentiment is going to change.