RIO ended 2020 at $113.83 while CBA was languishing at $82.11, the respective performances in 2021 would have caught many napping i.e. RIO has fallen 23% while CBA has risen 32% – both before dividends. This is just a relative performance illustration as opposed to a call to buy RIO but we can see this very stretched elastic band contracting at least a touch into 2022.
MM believes RIO will outperform CBA into 2022
Add To Hit List
