Q: Buy or Hold or Sell? With a few comments. Thanks. ram
5i Research Answer:
DIR.UN pays a solid yield of 5.2%, has been growing nicely, analysts expect strong sales and earnings growth in the coming years, and it trades at an OK valuation of 13.4X forward earnings. Margins and free cash flow have been moving in the right direction. We would be comfortable buying at these levels, given the continued strength in fundamentals and a relatively cheap valuation.