Q: Hello! I currently have enough funds to invest in a single stock within my TFSA. I’m considering two options: LMN and HPS.A. Could you please provide your insights on which one I should purchase first? Additionally, I’m curious about their growth potential in the future. Are either of these stocks considered potential “10-baggers”? Your guidance would be greatly appreciated. Thank you! 🌟
5i Research Answer:
We can't personalize answers, but either one would work for us. We would lean to LMN if just one, as software tends to be less cyclical and the company is much larger. We also like the CSU guidance and ownership. We are not in the habit of predicting 10-baggers but we think the long term potential of each is very solid.