REA needs no introduction with 6.6 million Australians visiting realestate.com.au each month and in todays strong market I’m sure they are enjoying the trend unfolding. REA has great pricing power in both strong and weak markets making it a quality business which could sit in any growth portfolio. At this stage we like the risk / reward around $145 but again this will evolve moving through 2021.
MM likes REA ~$145
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