MM is holding QAN in our Growth Portfolio and this position has come to life so far this week, fingers crossed todays result is taken positively as we look into the future where pent up demand is clearly huge. The QAN share price remains 35% below its pre-pandemic high and assuming no hidden surprises in todays earnings report we remain happy with this months purchase looking for ~25% upside.
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Performance update for March, stocks that drove returns & our current positioning
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Wednesday 24th April – ASX200 +17pts, Silver Lake (SLR), Kogan (KGN) & CPI
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Market Matters Research Lead Shawn Hickman with David Koch
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Wednesday 24th April – DOW +263pts, SPI +27pts
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MM is bullish QAN initially targeting $6
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