Investment Q&A

Most of the names mentioned were down quite significantly for different reasons, but most did show a deceleration in revenue growth, as well as short-term headwinds on profitability. On the other hand, these companies are also trading at the lower end of historical multiples. If the businesses show signs of a potential turnaround, these names could experience significant recovery in the near term. However, not every name is going to recover to its growth prospect. This is the point of peak uncertainty, we think these names would be HOLD for now, we would be comfortable holding all, we think a basket of these names would do fine three or five years from now. We also like other names such as HPS.A, TVK, and GDI, showing better growth and much better current momentum.