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Investment Q&A

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

Q: I have Magna, Spin Master, Well Health Technologies in a TFSA, and AltaGas in a RRIF.
All are down slightly.

Could you please rate these in terms of potential and how much patience might be required.

Asked by Valerie on June 21, 2023

5i Research Answer:

We would rank: WELL, MG, TOY, ALA

None would really concern us. MG may need some time for the sector to recover. TOY is debt-free and cheap, but needs a catalyst. Christmas could provide more excitement (toys). ALA needs a better rate environment. We think WELL is just consolidating its big gains this year.

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