JBH looks and feels a touch like WBC. It led the ASX’s current correction lower but failed to follow through on the downside during the last two weeks’ weakness. Another foray below $90 is required before we may consider adding JBH to our Active Growth Portfolio.
- We like JBH as a business and have it on our Hitlist for the Active Growth Portfolio, but it still screens on the expensive side, above $90.
MM is cautiously bullish toward JBH
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