CBA reached fresh highs this week taking its gain in 2021 to 34% plus $3.50 in fully franked dividends. We have no doubt around the quality of CBA as a company and bank but its now reached our upside target area making it hard to imagine another 10% upside before we enjoy our Christmas pudding hence posing the question would our money be better deployed elsewhere into next year i.e. CBA’s next dividend isn’t due until February 2022.
MM is mildly bullish CBA
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