MQG is one business that should enjoy market volatility, but its shares are likely to be caught in a market downdraft, at least in the short term. The stock is trading on the expensive side along with its peers, but after missing much of 2024’s rally, we can see buyers emerging sooner than many anticipate.
- We hold 4% of our Active Growth Portfolio in Macquarie Group (MQG), this would likely be increased into a deeper pullback.
MM likes MQG under $220
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