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Canadian Utilities Limited Class A Non-Voting Shares (CU $38.12)
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Brookfield Corporation Class A Limited Voting Shares (BN $93.80)
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Lumine Group Inc. (LMN $45.56)
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Nebius Group N.V. (NBIS $90.41)
Q: Yesterday you answered a question regarding three companies you would buy for growth for five years, asked by Judith. You gave the first three and left out your favourite company of all time, CSU. I imagine that is because we are focusing on growth and CSU, being bigger than the others will likely grow less. I tend to be a little leery of lmn and don’t have a high percentage. But, where would it fit, and what would your choices be, if the question was asked in such a way that growth was important but also relative safety? Safety, not in the sense of say, the banks, but something with good prospects for above average growth?
5i Research Answer:
We still like CSU, but in the context of the question which only asked for a 5 year timeframe, we got a bit more aggressive. The prior question also asked for 'maximum growth'. We could have gotten much more aggressive with risky small caps (which typically have the most potential) but the question also asked what WE would do. We don't mind risk, but also like reliability. If we considered safety as well, we would likely rank CSU more or less tied with BN today.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in NBIS.