Q: Hi Folks,
I currently hold HD in my non-registered account. I am thinking of switching to DOL for a little/lot more growth - they seem to be going in opposite direction. May I have your opinion?
Thanks
I currently hold HD in my non-registered account. I am thinking of switching to DOL for a little/lot more growth - they seem to be going in opposite direction. May I have your opinion?
Thanks
5i Research Answer:
Assuming we enter a period of economic weakness, which seems more likely now, we would be fine with this switch. DOL should be less impacted, though not immune, to a slowdown. Note, however on valuation DOL is quite a bit more expensive, so there is a trade-off here. But DOL is acting better and good growth is still expected.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in HD.