Q: I am interested in buying Metro in a non-registered account with an investment horizon of 5 to 10 years. Dividends are not important. I am looking for capital appreciation in the stock price over that time.
Is Metro a good choice in the consumer staples space? And what would be a good entry point to buy it at? Thank you and have a great day.
Is Metro a good choice in the consumer staples space? And what would be a good entry point to buy it at? Thank you and have a great day.
5i Research Answer:
We think MRU is a solid choice within the consumer sector. We think $70 would be attractive.