Defensive with Good Upside29 Jun 2016 19:45
In the post-Brexit vote era defensive stocks like SIPP, with its secure income and strong asset backing, should be relatively more attractive.
But not only does SIPP have excellent downside protection, but it also has very good upside too.
The company has the potential to grow into a much larger operator, with a higher profile and rating to match.
This process could potentially be accelerated by buying entire companies.