Diversified miner BHP resides in both our Active Growth and Active Income Portfolios; the stocks slipped over recent weeks after they and Vale were ordered to pay $14.7bn in damages for the 2015 Brazil dam collapse, the companies could appeal the decision, but they knew it was coming and often the removal of uncertainty can help a stock medium term.
- No change; we are looking for BHP to trade between $40 and $50 through 2024 and will consider tweaking holdings accordingly.
MM is long and bullish towards BHP medium-term
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