CGC was the top performing stock on the main board yesterday popping +8.6% following an earnings update from the fruit & vegetable farmer – the company expects earnings to rise by ~$5mn with stronger pricing likely to largely offset the rising costs of shipping and fertilizer. The stock looks good for the active investor assuming it can hold above $3 but as investors know it has delivered a few false dawns over recent years.
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Thursday 28th March – ASX200 +80pts, All Time High, Retail Sales
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Performance for February & 4 stocks we like here and now
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Thursday 28th March – DOW up +477pts, SPI up +60pts
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MM is neutral to slightly positive CGC
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