CGF is finally looking more interesting after a very tough few years, back in 2017 it was one of the market’s “go-to” stocks but things can change as we so often see. Annuities are set to become more attractive given the increase in rates so inflows should theoretically increase especially as economic uncertainty weighs on investors.
- We like CGF believing it will move largely in step with the sector targeting a break of the $8 area.
MM is neutral to bullish CGF
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