Q: I was fortunate to buy into this stock and thanks for your recommendation by way of including it in your model portfolio. My position has now grown to 7%. I have a high risk tolerance , do not need the proceeds for personal cash flow. Given the momentum I am targeting a 10% position at which time I will trim back to likely 7%. Is my thinking ok or am I being overly agressive. Thanks John
5i Research Answer:
We really cannot comment on personal stock weightings. With the recent stock move, it represents about 5% of our Growth Model, and we are comfortable with that. We also are very firm believers in positive momentum. It is now a $3.5B company, and its valuation remains quite low. This offsets some risk, but of course the sector itself is very volatile. We would certainly consider the stock 'aggressive growth'.