Q: Could I please get your view on WCP? I am currently down a $1.8K. Hold or move on?
5i Research Answer:
We think WCP is a decent hold due to its consitent monthly dividends and solid balance sheet. It is also cheap. The company's performance will be tied to energy prices in the short term but when the industry is down, smaller names like WCP tend to struggle more. We are fine keeping WCP for sector exposure, and we do think it is solid mid-cap name and its monthly dividends add some safety to warrant holding.