Q: I hold small (less than 1%) positions in VNP and GRID. I would like to beef up the size of my holdings or sell and redistribute the funds into other positions. Would you put more money into VNP and GRID, combine the two into one holding of either VNP or GRID, or reallocate the funds. Thank you for your help with this.
David
David
5i Research Answer:
While we like both names, we think that VNP has the ability to continue its long-term uptrend here, after a short period of consolidation recently. Earnings momentum still looks impressive, it trades at only 22X forward earnings, and we think it operates in what is a critically important industry right now.