What is the short term and medium term outlook for ECN? Would you buy, hold or sell?
ECN has solid growth prospects and we would be fine buying it, and continue to hold it in our Growth Portfolio. Management is excellent and has created a lot of shareholder value over the years. It is vulnerable to higher interest rates but can adjust its rates as needed. It is not immune to a recession, but management has handled past cycles very well.
Provided by the team at 5iResearch. GLTA