AD.UN or GSY

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Hello, Dan

which one would you invest in as a long term hold?

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Asked on March 24, 2025 3:14 am
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Both of these companies are high-quality long-term holds, but my overall opinion can be witnessed by simply looking at the Bull Lists.

I removed Goeasy back when it was $200+ last year on fears of deteriorating credit among Canadian consumers and I still feel that represents significant risk for the company. Don't get me wrong, I still love Goeasy for the long-term, it is a company I have covered here since 2018. However, I removed it with the idea that maybe right now wasn't the best time to pull the trigger if you're a new buyer of the stock.

In terms of Alaris, I do believe the company is a strong long-term hold. Primary exposure is to small to medium sized businesses that primarily operate in the United States, so tariffs are not an issue.

Goeasy probably has a larger runway for growth over the long-term. If we were in a normal economic environment, I would say Goeasy over Alaris all day. But right now, it is difficult to do so. If you're willing to stomach the volatility, I do not believe you will regret buying Goeasy today a decade from now. However, you just have to be willing to accept the fact if the macro environment deteriorates even more (Canadian GDP growth, unemployment, tariffs) etc and it starts to show in Goeasy's numbers, the stock can be sub $100 very quickly.

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Posted by Dan Kent
Answered on March 24, 2025 8:00 am