After WBC’s miss yesterday my thoughts have switched to NAB which faces the music next week, NAB has outperformed WBC this year and they have a habit of trading together i.e. will NAB follow WBC’s miss or ANZ’s beat when it comes to this reporting season, another coin toss! However NAB has reached our original upside target area while WBC is plunging down towards our buy zone raising the question should we switch now and avoid the risk of another poor report.
MM is considering switching NAB to WBC
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NB We haven’t mentioned ANZ here as we prefer both WBC & NAB at current prices.
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National Australia Bank (NAB) v Westpac (WBC)
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National Australia Bank (NAB) v Westpac (WBC)
