MM is a big fan of BHP, and although it’s already testing its all-time high set in January, we have no plans to take some profit unless we see a pop above $50, i.e. potentially reducing our 8% exposure back to 6%.
- We hold BHP Group (BHP) in our Active Growth and Active Income portfolios; we would want more than $50 before considering trimming these holdings – – recent comments by MM on BHP.
MM remains long and cautiously bullish on BHP into 2024
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