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Harvey Norman (HVN) $5.33

Gerry Harvey must have enjoyed his stocks almost 50% gain over the last 6-months, as a side note I’ve always liked the way he was happy to step up and buy tranches of his stock when the doubters were circling, he’s clearly a winner today – he even bought $1m worth as part of a 15-stock plunge into local stocks back in March, good call! The shares look poised to breakout to fresh decade highs, in November they announced sales revenue was up close to 30% with Australia not surprisingly leading the way as we’ve dealt with the virus so much better than most people. However, as the vaccine is rolled out its stores in the likes of Europe, Singapore and Malaysia are likely to play some catch up.

HVN
MM likes HVN as it breaks higher.
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Harvey Norman (HVN)
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