Agricultural goods & services business ELD has enjoyed a good couple of years but again like many ASX stocks its struggled after posting fresh all-time highs, this time in April. The company has a number of promising tailwinds behind it with the main question being have the shares pre-empted too much of the potential news.
MM likes ELD ~10% lower
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NB For any subscribers that were wondering we prefer ELD to its peers Nufarm (NUF) and GrainCorp (GNC).
