Metcash (MTS) resides in our Income Portfolio for a couple of easy-to-comprehend reasons:
- MTS is inexpensive compared to COL and WOW with their hardware division growing as a proportion of their earnings.
- The equations are simple, higher growth = higher multiple over time and by definition outperformance.
- Also MTS is forecast to yield 6.2% over the next 12-months which makes it a very suitable holding for our Income Portfolio.
MM is long and bullish MTS
Add To Hit List
