AMP has been an awful investment for many years including this financial year which has seen the once financial giant tumble yet another 30% in a bullish market but around current levels we see some intrinsic value in this business with a risk / reward profile that’s become enticing – notice I didn’t say it was a quality operation, however that does not mean it can’t double in price very quickly!
MM likes the risk / reward with AMP at current levels
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