Q: Hi Team,
I hold a heavy position in Gsy and Prl both. I do not own any Hood yet. I was debating trimming some Prl to take a position in Hood. Do you think this is a good idea? Do you see the Hood share price outperforming Prl in the next while and long term? Or…is Hood and the whole crypto sector a little over heated right now and might I be better waiting for a pullback before buying Hood?
Thanks,
Shane
I hold a heavy position in Gsy and Prl both. I do not own any Hood yet. I was debating trimming some Prl to take a position in Hood. Do you think this is a good idea? Do you see the Hood share price outperforming Prl in the next while and long term? Or…is Hood and the whole crypto sector a little over heated right now and might I be better waiting for a pullback before buying Hood?
Thanks,
Shane
5i Research Answer:
We like HOOD and would be comfortable owning it. That being said, it is very different than PRL....
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in HOOD.