Q: I am thinking of buying a small cap for growth and AII and VNP have both gone up already. Do you like either, both neither, or would you wait for a pullback.
Can I get your opinion on GRGD please. The SP is up quite a bit and took quite a drop today
Can I get your opinion on GRGD please. The SP is up quite a bit and took quite a drop today
5i Research Answer:
GRGD as there are some insider selling in a bought deal. It has recovered somewhat. We have comments posted and continue to like its growth prospects. VNP looks good for growth also. It has connections to the AI sector and business is very good. Valuation is on the high side but very good earnings growth is expected. Waiting for a pullback may work, or may not. We would be comfortable owning either of these today.