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CSR Ltd (CSR) $5.96

CSR caught our attention yesterday after it broke out to fresh 14-week highs as it rode a wave of optimism towards the buildings stocks. We like CSR both fundamentally and technically with our initial target up towards the $7 region – the company is forecast to pay an attractive fully franked dividend in late November which should help this outlook.

CSR
MM remains bullish and long CSR
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CSR Ltd (CSR)
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