Post by
retiredcf on Dec 01, 2021 7:12am
Changes to Portfoilo
Growth Model Portfolio
New 2% Position in Converge Technology Solutions Corp (CTS)
Trade Rationale - Converge Technology distributes hardware and software and provides consulting services in IT, cloud and cybersecurity. Companies like CTS benefit from many tailwinds in IT spending and we think CTS is well positioned given its strong net cash position. The company is showing good growth which is expected to continue through organic and acquisitive growth. Management has executed well so far with plans to reach $5 billion in revenues by 2025.
From 5iResearch. No surprise given their earlier recommmendations for smallcap picks.
Comment by
crappot on Dec 02, 2021 5:14pm
5i Rearch Is Full Of It, I Hope You Don't Lisin To Them...