Q: If one needed to raise some cash and had a choice between the 3 choices listed (WSP, BEP.UN, GLD); what should one consider?
In what order would you sell and why? Does one have more positive / negative outlooks vs the other?
Thanks as always for your help!
Cathy
In what order would you sell and why? Does one have more positive / negative outlooks vs the other?
Thanks as always for your help!
Cathy
5i Research Answer:
GLD is a bullion ETF, and as such will move with the price of gold. This is always hard to predict, but generally stocks have both more potential and more risk than commodities. BEP.UN looks fine to us but is a more stable utility, and thus upside growth potential is more muted, and growth typically comes from acquisitions. With lower rates, the stock may still do well. But WSP looks to have both more growth and more potential overall than these. We would thus sell in this order: GLD, BEP.UN. WSP.