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AGL Ltd (AGL) into James Hardie (JHX)

AGL Ltd (AGL)—We have already been reconsidering this position since Barrenjoey’s downgrade last week. Combined with interest rates set to be “higher for longer,” this utility attraction has now waned considerably.

James Hardie (JHX)—We like this building company with a significant footprint in the US. Plus, as Trump pumps money into the system, construction should benefit.

JHX
MM prefers JHX over AGL
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AGL Ltd (AGL) v James Hardie (JHX)
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