Q: I am contemplating adding to my 1/2 position in BYD. What would you consider to be a good price for adding to this position? Or are there other stocks in the same sector that you would favor over BYD at this time? thanks, J
5i Research Answer:
We think BYD continues to look good, and $228 to $230 would be a decent buy in. In its sector, we think it is one of the better names, along with DOO, which is cheaper but has more volatile earnings.