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Magellan Financial Group (MFG) $17.57

MFG has certainly occupied a huge amount of real estate in the financial press over the last few months but we now believe the investment management company is looking good as a quasi-growth play. We really like the risk / reward initially looking for ~30% upside, we have refrained from calling this falling knife a buy throughout 2022 but its been attracting bargain hunters over the last 2-months as the combination of a very depressed valuation and high dividend is scanning attractively on most investment models.

NB This is an aggressive trade like play but with the correct allocation size its one MM could now consider for our Growth Portfolio.

MFG
MM is bullish MFG from $17.50
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Magellan Financial Group (MFG)
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