Industrial products manufacturer GUD sprang back to life in October following a trading update which included confirmation that demand for its products, which include aftermarket auto parts & water products had remained firm through COVID lockdowns. The stocks trading on a reasonable valuation and its reliable yield of more than 5% fully franked is extremely attractive even as interest rate hikes are forecast moving forward – we can easily see 20% upside in line with current positive momentum.
MM is bullish GUD
Add To Hit List
