Q: Retired investor with a long term view. I will need to take some money from that account for living expenses. Holding both stocks sitting at a 4% weighting in a taxable account with 180-300% profit. Industrials are my largest holdings. I would like to take one down to 3% and reap some profit on the way. Which would you sell first or would you scrape a little bit of both?
Thank you for your invaluable service.
Yves
Thank you for your invaluable service.
Yves
5i Research Answer:
We would be fine scraping a little off both to maintain diversity. That being said, for a conservative investor we think WSP would be better, considering its large backlog and less cyclicality than TFII. So we would be fine at 4% WSP and 3% TFII if that matches one's goals.