MM already holds and importantly still likes ALU after its recent 20% pullback – pretty standard for the sector in 2022! For those subscribers who’ve been asking when is a good time to buy ALU we feel the answer is now and if we weren’t already long it would be on our menu today. We hold a 3% weighting at inception in our Flagship Growth Portfolio with our original entry at $26.97.
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Performance update for March, stocks that drove returns & our current positioning
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Fri 19th April – ASC200 -117pts, Pilbara (PLS), Whitehaven (WHC) & Woodside (WDS)
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Market Matters Research Lead Shawn Hickman with David Koch
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Friday 19th April – DOW up 22pts, SPI down -55pts
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MM likes ALU under $38
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