We hold SFR in both our Flagship Growth and Emerging Companies Portfolio, MM remains bullish copper medium/long term but as can be seen from the chart below, the stock has both halved and doubled over the last year i.e. there’s plenty of value to be added to portfolios when this particular elastic band stretches too far.
- We will consider increasing our position around $5, while above $7 we believe the value of the stock will be stretched.
MM remains bullish SFR targeting the $7 region
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