Q: I appreciate your guidance, and I don’t reach out often, so thank you in advance for your time. For a retired investor with a reasonably safe and conservative RRIF—who also does some consulting and has accumulated some extra cash—could you recommend two stocks with strong potential to double within the next year?
I understand that opportunities with this level of upside are inherently volatile and could decline 50–75%, but I’m comfortable with that risk for a small portion of my portfolio. It still feels like a better bet than buying hundreds of lottery tickets.
I’d appreciate a brief explanation of the rationale behind your two selections.
I understand that opportunities with this level of upside are inherently volatile and could decline 50–75%, but I’m comfortable with that risk for a small portion of my portfolio. It still feels like a better bet than buying hundreds of lottery tickets.
I’d appreciate a brief explanation of the rationale behind your two selections.
5i Research Answer:
A double in a year of course is a tall task, and by default riskier choices need to be made. We think PNG and VNP qualify. Both are on the small side, but have significant potential within their respective sectors. Positive momentum is high. PNG in particular has high leverage to single contracts, and the Anduril IPO this year could be a catalyst to move the stock. VNP is getting substantial growth from the AI trade (semiconductors), and this should continue for at least 18 months.