Q: These are companies that I’ve held small positions in, based on future potential as I could see their businesses being very relevant in the future. Would you consider them worth adding to, with the goal of long term (albeit higher risk) growth prospects?
5i Research Answer:
We would be fine with owning small positions in these names for a long-term hold. At these valuations, a lot of risk has been taken off the table, however, growth/tech stocks are still not in favour in this market so we would expect more volatility going forwards. We would lean more towards NVEI given its stronger profitability.