ANZ has lagged Westpac in 2021 but at the right price it still could be an option to increasing our sector exposure. From a risk / reward perspective the stock’s in “no mans land” to us at present with a $26-$30 trading range slowly evolving.
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Reporting season has taken a positive turn – James Gerrish breaks down some of this weeks action.
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Thursday 11th September – Dow off -220pts, SPI off -20pts
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Wednesday 10th September – Dow up +196pts, SPI down -4pts
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MM currently likes ANZ under $26
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