Q: I have held WELL ( at $5.00 ) for years in my growth oriented TFSA and am starting to look around for replacements. The next set of earnings will be important. Am looking at KSI and have read your report and questions asked. Several questions : will the general negatively towards healthcare be a drag on these two , should I sell partial WELL , do you have other ( CDN ) small cap recommendations ?
Thanks. Derek
Thanks. Derek
5i Research Answer:
Other small cap ideas: PNG, VHI, ZDC
WELL, KSI and VHI could still be impacted by negative health care sentiment. While this is more of a US issue, US investors are still nice to have for small Canadian companies. Still, we would be fine owning these as a 'basket' approach with several small caps owned. PNG and ZDC have much better current investment sentiment. But, of course, sentiment can be fickle. But we like all of these as small cap growth companies.