Q: Good Day Team: I could break even on DRX and buy double the amount of shares of WELL .Make any sense? Or would you hold or replace with a better option such as ? Thanks Larry
5i Research Answer:
At 11X earnings, WELL still has potential over time. We are OK with holding it, but we do not like averaging down in such scenarios, and would not suggest it here. We would be OK holding both. DRX is looking better and remains cheap, and we would prefer not to have 'breaking even' as a goal.