WOR held its annual investor day in May, and we liked what we heard as it unveiled its growth strategy, focusing on the building blocks to deliver medium-term earnings growth predicated on higher margins. We continue to like WOR, believing it offers significant earnings leverage for a potential massive increase in global energy investment and decarbonisation projects.
- Hence, we are considering increasing our position from 4% to 5% – MM is long WOR in our MM Active Growth Portfolio.
MM is long and bullish on WOR
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