Q: GSY went from a darling to relatively flat, while PRL continues on a tear. Do you still recommend GSY with the same enthusiasm/do you expect it to resume its upward path, and would you advise PRL instead at this point?
Thank you,
Peter
Thank you,
Peter
5i Research Answer:
GSY has 'retaken' the lead here, up 13% this year vs a small loss for PRL. PRL continues to grow faster, but GSY is larger, cheaper and has a much higher dividend yield. We would be fine owning both. GSY we think is the safer bet right now and we are encouraged by its recent positive momentum shift.