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Is Capitol Health (CAJ) making a come back?

Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

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Is Capitol Health (CAJ) making a come back?

Hi guys I missed you sell call on CAJ (my fault) and I'm finding that it's back to breakeven for me. Your reports say it has a wide range of possible future outcomes and broker consensus seems to be mostly buy. Just wondering your thoughts on CAJ now?

Answer

Hi Tim,

Diagnostic imaging business CAJ has bounced nicely from its late 2023 low but we must not forget the ASX200 made new all-time highs this week. We maintain our neutral stance towards CAJ especially now its trading back around major resistance in the 25-27c region.

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Capitol Health Ltd (CAJ)
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