Q: For a 3 year investment which would 5i prefer along with a brief reasoning.
Thank you
Thank you
5i Research Answer:
We like WELL still, and it is cheap. VHI though likely has more growth potential in the mid-term, with EPS expected to double from 2014 to next year's estimates. This is, though, reflected in its much-higher valuation. But we would side with growth here and choose VHI for those comfortable with smallcap risk.