The UK based active fund manager still appears fairly cheap even after surging post COVID, the recent more than 16% correction following the CEO’s sale of around $22m worth of stock in December feels like an opportunity. While its never good news to see “insiders” selling its understandable to lighten your exposure after the stocks tripled, we often take part profits at MM. The company will announce their 4th quarter and full year results in early February and the recent selling will probably keep us on the bench but we do find the stock tempting under $60.
MM is bullish JHG looking for 15-20% upside
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