Q: I hold RBA in my TFSA and have done well. TIH is performing better over the past 6 months. Over 5 and 10 years performance of the stocks is even. I notice you like TIH and would you switch from RBA to TIH for a 3 year hold. I am looking for steady /conservative growth and not concerned about a dividend. Thank you
5i Research Answer:
We like both names and they should face similar economic drivers even though the business models are a bit different. We would be ok with a switch but also not view it as necessary as RBA is a high quality, steady growth type of company.