Q: 5I team: Have owned this name for several years in a TFSAwith a current yield of 3.5%.Would you double down or more to get a better yield or swap for something with more yield and growth potential.Any suggestions please and thanks Larry
5i Research Answer:
'Yield' and 'growth' are often competing factors. We think NPI is OK but we would not consider it a double-down stock today. We would be OK holding it. For growth in a TFSA, we would suggest GSY. Lower yield, riskier, but cheaper with more growth potential.