Q: Seems to continue to drift down. Good dividend but still looking for growth. thoughts?
Thanks
Thanks
5i Research Answer:
CSH is up 14% YTD. Last week it made a relatively large acquisition, which we view as positive. There has been no negative news of late. The stock may be drifting simply because other sectors are seeing more excitement these days. But lower rates should help, and we would be fine keeping it. BUT...we would not consider it a high growth investment.