Rail freight business AZJ fell with the market in June losing its protection as a defensive play which helped it through most of 2022, the stocks reasonably priced trading on 14x for 2022 but its projected yield above 6% over the next 12-months is arguably the most eye-catching of its financials – its forecast to pay an 11c part franked dividend in August. The company has been a stable yield play through good and bad times and under $4 it’s looking good from a risk/reward perspective.
scroll
Performance update for March, stocks that drove returns & our current positioning
Close
Wednesday 24th April – ASX200 +17pts, Silver Lake (SLR), Kogan (KGN) & CPI
Close
Market Matters Research Lead Shawn Hickman with David Koch
Close
Wednesday 24th April – DOW +263pts, SPI +27pts
Close
MM likes AZJ into current weakness
Add To Hit List
Relevant suggested news and content from the site
Video
WATCH
Performance update for March, stocks that drove returns & our current positioning
Recorded Tuesday 9th April
Podcast
LISTEN
Wednesday 24th April – ASX200 +17pts, Silver Lake (SLR), Kogan (KGN) & CPI
Daily Podcast Direct from the Desk
Video
WATCH
Market Matters Research Lead Shawn Hickman with David Koch
Recorded Monday 25th March
Podcast
LISTEN
Wednesday 24th April – DOW +263pts, SPI +27pts
Daily Podcast Direct from the Desk
Members only
UNLOCK MARKET MATTERS NOW
Take a free trial.
No payment details required.