Q: I've been going through my portfolio and reevaluating if some of the stocks should continued to be held or sold; one such is BYD. I've held it for over 5 years, earned some money on the dividends but its still in the red. Do you think BYD should still be held or do you have any recommendations for its replacement?
5i Research Answer:
We would officially view it as a HOLD. It does have potential and a good longer term record. But, it has lagged and patience will be required to hold. SHOP or BN or CLS certainly may have more growth potential, but also more volatility. We would be OK with a switch to one of these if an investor is growth focused.