When things look their worst opportunities often arise and this was definitely the case with UK based fund manager JHG. Operationally this business looks to have risen from the ashes like a phoenix, last month it produced a quarterly update which almost doubled its profit compared to last year while also announcing a $200m buyback, the stock looks bullish until further notice.
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Buy Hold Sell: The best and worst performers of FY25
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Wednesday 10th September – Dow up +196pts, SPI down -4pts
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Monday 8th September – Dow off -220pts, SPI off -15pts
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MM is bullish JHG from current levels
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