any time I look over the ASX20 all I think is "christ that's...
any time I look over the ASX20 all I think is "christ that's an uninspiring bunch of companies"
a bunch of overpriced banks, a couple of ridiculously overpriced speciality companies, and BHP in a commodities downcycle, all of which are massively over-covered & reported on by every suit who works in Australian finance leading to little potential for any upside surprises
puke
the only one that ever gets me mildly interested is MQG (which has already run back up again), and BHP itself if you can get it at the right price $S&P/ASX 200 (.XJO.AU)$ $BHP Group Ltd (BHP.AU)$ $Macquarie Group Ltd (MQG.AU)$
a bunch of overpriced banks, a couple of ridiculously overpriced speciality companies, and BHP in a commodities downcycle, all of which are massively over-covered & reported on by every suit who works in Australian finance leading to little potential for any upside surprises
puke
the only one that ever gets me mildly interested is MQG (which has already run back up again), and BHP itself if you can get it at the right price $S&P/ASX 200 (.XJO.AU)$ $BHP Group Ltd (BHP.AU)$ $Macquarie Group Ltd (MQG.AU)$
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Lonewolfcow : Couldn’t agree more. The only reason bank stocks are booming is because buy backs pressure. There are solid 4 or 5% divyield but it comes with risk. With mining slowing banks will be in pain also. Rate cuts up sleeve & they might do them soon to tank the Aussie $ so this can offset some pain with mining income