Q: Hi 5i,
I want to buy more TRI:CA, it has been up for more than 20% from the bottom! Is it still a good price at $150 to buy more? What is your target price?
Thanks for your advise.
I want to buy more TRI:CA, it has been up for more than 20% from the bottom! Is it still a good price at $150 to buy more? What is your target price?
Thanks for your advise.
5i Research Answer:
The stock has bounced hard, as the AI-scare diminishes a bit. The company has also had some good news of late with success with its own AI products. We would be OK adding a bit, but the stock could still stay very volatile. If an investor already has exposure we would just maintain a weighting that matches goals and risk tolerance. We are not big on target prices but in a normal market or with some good news we could see it getting back to $175+.