Q: I own 3000 shares of WELL at $7.56 and have been thinking of averaging down. Do you believe WELL at its current price of $3.69 is a buy for this purpose?
We still like WELL, and it is not without potential. We can't personalize answers, and would suggest looking at position size. It is a small cap in a rough market, and position size should match an investor's risk tolerance. But we would be comfortable holding a position, and have a 3% position in our model growth portfolio. (5iResearch)