Q: I bought NWC in 2021 for $33 and subsequently sold it. I am interested in buying it again, although the price has increased significantly and yesterday closed at $49.
Is this still a good company for a long-term hold? I am looking for a healthy company with good share price appreciation prospects and a decent dividend.
Also, what would you consider a good entry price? Thank you.
Is this still a good company for a long-term hold? I am looking for a healthy company with good share price appreciation prospects and a decent dividend.
Also, what would you consider a good entry price? Thank you.
5i Research Answer:
We consider it a good mid-cap retailer. It is priced reasonably well at 15X earnings, with a...