REA is a quality on-line real estate business that most Australians visit on a surprisingly regular basis, especially when prices are soaring like today! We feel there a few positives in the budget for REA plus with many people considering their future lifestyles following the COVID experience property turnover should remain elevated for longer.
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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 likes REA into weakness under $140
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