Q: Blake on Sept 25 talked about adding more shares to some of the falling positions he had and you had recommended two of them would be GO EASY and SunLife. GO EASY I have had since I bought it at $127.00 so I added more GO EASY on your advice to Blake. It underperforms most of my Canadian stocks and so would I be better when it gets up to my most recent purchase of $110.70 to buy ATS or another one of your Canadian recommendations that is out performing GO EASY?
I am mid 70's senior and I found it complicated to get on Chris' webinar. I did not have a GO EASY account and other things required so I did not see it. Thank you
I am mid 70's senior and I found it complicated to get on Chris' webinar. I did not have a GO EASY account and other things required so I did not see it. Thank you
5i Research Answer:
We would keep timeframe and risk in mind here. GSY and ATS are not risk-free, but we think each has good potential. While we believe in momentum, we do not like making switches 'just because' one is doing better than the other. These are different companies with different risk profiles. We think both are fine to own, with position sizes appropriate to one's own risk levels. GSY is significantly cheaper than ATS, but it may take lower interest rates to see the stock perform.