Q: On July 6 U trimmed Toi to 3.5% @ $106.95 after big rally from below $70.On July 12,U consider it as a attractive buy when it was some $98. On july 11,it was $103.46 + 0.84%. Add,Hold or Trim. It appears that U now prefer Lmn due to its potential better upside, Txs for U usual great services & views
5i Research Answer:
LMN is smaller, and probaby does have better upside potential. Europe (TOI's focus) is still not in that great of economic shape. We still consider TOI solid, and would simply keep a weighting at a level to reflect one's objectives. We are comfortable at the current position size in the model portfolio.