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Hammond Power Solutions Inc. Class A Subordinate Voting Shares (HPS.A $160.60)
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Kraken Robotics Inc. (PNG $5.24)
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Zedcor Inc. (ZDC $6.02)
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Galaxy Digital Inc. Class A common stock (GLXY $34.13)
Q: In reviewing your Growth portfolio YTD I notice that the best YTD increases are CLS, PNG,ZDC,GLXY, HPS.A … in that order. And mor of these are your top holdings as well.
Given the pullback are any of these “buyable” again now; and if so, at what prices would you suggest. I already own all of these stocks - thank you very much!
Given the pullback are any of these “buyable” again now; and if so, at what prices would you suggest. I already own all of these stocks - thank you very much!
5i Research Answer:
We would consider GLXY, ZDC, HPS.A, and PNG as all being buyable today, although they are all high-risk, high-growth stocks, with the potential for volatility. We think that GLXY, ZDC, and HPS.A are attractive at its current prices, but PNG reported sales and earnings that missed analyst expectations, and while its results looked strong, the stock is seeing some weakness today. We might wait to see if PNG can find further support here before buying, but for a long-term position we would be OK with adding some here, while acknowledging its high valuation and potential for volatility.