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Hammond Power Solutions Inc. Class A Subordinate Voting Shares (HPS.A $289.82)
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Electrovaya Inc. (ELVA $13.92)
Q: Hi, now that Hammond has done so well for me (thank you), I wonder if it's worth taking some profit and initiating a starting position in Elva? 3.5% position in HPS, but it's made me a lot, so I wonder about diversifying a bit. Thank you!
5i Research Answer:
We can't direct answers personall, but if we reference our Growth Portfolio HPS.A is slightly more than 5% right now. We like ELVA's potential, and would be OK ti diversify with a trim HPS/buy ELVA if it meets an investor's objectives.