CSL rallied +3.2% yesterday after fully digesting / embracing Wednesdays annual report i.e. NPAT came in at $US2.31bn following a 10% lift in revenue. Guidance came in a touch below analyst expectations but overall its an unquestionably strong result from a company that would rather “under promise and over deliver” – MM likes CSL after its 30% pullback and are considering adding to our original purchase around $263.
MM remains bullish CSL
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