Q: Is it too late to get into Ford after its price appreciation? I’m considering switching from Magna to Ford. Do you have a preference. We also hold Granite REIT which does get much if it’s revenue from Magna properties, so wondering if holding Ford instead would improve diversification. Thanks lots!
5i Research Answer:
Note we still think MG is OK, but Ford is bigger, and now cheaper on valuation. Its push into EVs looks good, and with GRT.UN exposure a switch would make sense to us.