Q: Aw.un seems to be trading in a range of $35 to $38. What is a good price to enter? Or U prefer others. Txs for U usual great services & views
5i Research Answer:
We like AW.UN for its strong yield, long-term resilience, and innovative profile. The company has demonstrated its ability to grow its top line and maintain healthy margins. It uses most of its free cash flow to pay distributions. We would not expect much in the way of capital appreciation, but for a historically strong and resilient value name that pays a good yield, we would be comfortable owning AW.UN at these levels. We feel that today's price offers a good entry point for an investor with a long timeframe.