Q: Hi,
Which is your preference for long-term total returns: VNP or FLT?
Thank you, Michael
Which is your preference for long-term total returns: VNP or FLT?
Thank you, Michael
5i Research Answer:
VNP is slightly larger, and while it trades at a premium valuation, it has a real, growing business. FLT is still in its early stages, which need to prove out its economics. Overall, we would give VNP the edge here for total long-term return potential.