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IAG Insurance Group (IAG) $5.45

MM bought IAG yesterday for the MM Growth Portfolio while already owning it in our Income Portfolio, we are targeting an initial test of $6.40 resistance as we expect the sector to outperform the banks moving into 2022. The company had pre-released their earning so no surprises this week but things are improving on the operational front after a tough few years.

IAG
MM is bullish and long IAG
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Insurance Australia Group (IAG)
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