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NVIDIA Corporation (NVDA)
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UnitedHealth Group Incorporated (DE) (UNH)
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Visa Inc. (V)
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Constellation Software Inc. (CSU)
Q: I manage my son's TFSA and have just sold his NVDA shares at a 200% profit. Many thanks for 5i's excellent advice on this purchase! He needs the money next year and I felt - after a good run - it was time to play it safe and cash in. I would now like to reinvest the funds in a less volatile stock - in any sector - that still has reasonable growth prospects over the next year. CSU comes to mind (and I know you're a big fan). MSFT and GOOG already owned. What would be your top three choices for replacing NVDA - Canadian or US? Thank you,
5i Research Answer:
Some names that are roughly half the volatility level of NVDA but still have room for growth, albeit, more conservative growth than NVDA, include: CSU, V, and UNH.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in NVDA.