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Sylogist Ltd. (SYZ)
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Magna International Inc. (MG)
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Nuvei Corporation Subordinate Voting Shares (NVEI)
Q: Hi, I’m thinking of selling SYZ at a loss because I feel it may be in doghouse for quite awhile.
I would add to MG and NVEI which I have half position. Would you have any problems with my strategy, or would you just stay the course? Or maybe just add to one. Thanks
5i Research Answer:
SYZ is recovering somewhat from its dividend cut decline. While we see it as OK now, we would consider both MG and NVEI to likely have better overall prospects today and we would be fine with this strategy.