NAB, like ANZ, corrected to our previously flagged sub $33 buy zone last week, and we have no reason to change this stance. Again, if we had no position in NAB, we would be accumulating the bank after its 7.2% pullback.
- We like NAB around $33 and are still looking for another test above $35 through 2024/5 – we are long NAB in our Active Growth Portfolio & the Active Income Portfolio.