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  5. NBLY: I've been continuing to hold NBLY and watching it continue to drop. [Neighbourly Pharmacy Inc.]
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Q: I've been continuing to hold NBLY and watching it continue to drop. It is now a 1% portfolio position. I read your answer about NBLY yesterday and wasn't entirely encouraged by the forward P/E and margins. For a 40 y/o investor who holds this stock in a LIRA (long term horizon), are the prospects so bright that we should wait out the eventual recovery? Or should I look to buy something with better potential in the shorter term?
Asked by Chris on July 10, 2023
5i Research Answer:

NBLY trades fairly expensive considering its growth rates, cash flow profile, and the utility-like nature of the business. We do not like the negative momentum recently, but we believe it has a lot to offer. More on here. 

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