General insurance business IAG has fallen -10.2% this year while other sector names have rallied strongly e.g. QBE Insurance (QBE) +24.5% and NIB Holdings (NHF) +38.9%. MM holds this company in our Income Portfolio due to its excellent yield and at this stage we are looking for a catalyst to consider it for our Growth option, certainly one for the “hitlist”.
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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 likes IAG ~$5
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