Lastly as a US candidate Google is our choice especially as this is the main US tech name we like but don’t own at MM. The current pullback of around 10% has been very controlled illustrating that investors are reticent to sell their stock, it may not be the deepest pullback but remember MM doesn’t believe 2022 is the year to be particularly aggressive buying pullbacks.
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Buy Hold Sell: The best and worst performers of FY25
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Friday 15th August – Dow off -11pts, SPI up +8pts
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Thursday 14th August – ASX +66pts, WBC, TLS, PME
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MM likes GOOGL around $US2700
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