Q: Kraken Robotics was added to your Growth Portfolio in April, 2025 at $2.42 and has already more than doubled in a short span of less than 6 months, which is amazing !!
This co. continues to be one of your Top picks, as seen from recent posts.
Would you be comfortable starting a New position at current levels ( for a growth investor ), if not owned already or adding more to the 5i Growth Portfolio ?
Thank You
This co. continues to be one of your Top picks, as seen from recent posts.
Would you be comfortable starting a New position at current levels ( for a growth investor ), if not owned already or adding more to the 5i Growth Portfolio ?
Thank You
5i Research Answer:
We would be fine with starting or adding, with the understanding that it is higher risk and will be volatile. The nature of the business can have chunkier revenues as well. The long-term growth runway looks attractive and there are some strong tailwinds behind the company we think. In addition, when a company's market cap exceeds $1B it tends to bring out new investors who may be looking at it for the first time.