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  5. MDA: Would you switch out TOI for MDA? [MDA Space Ltd.]
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Q: Would you switch out TOI for MDA? I'm not concerned which sector they are in, only growth.

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Asked by Ozzie on March 18, 2026
5i Research Answer:

We are not fans of swapping in the 'hopes' of improvement, but MDA likely has more upside potential in the medium term until the AI-software scare disappates. We do not consider TOI a SELL at current levels but would still be OK with a switch if an investor only wanted one or the other for the next year. 

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