TLS has now corrected over -15% from its June high, putting the stock on an estimated 4.8% fully franked yield over the next 12 months. Nothing new to add to the company, but at current levels, TLS is looking like a high-yielding defensive play with some upside in price, a great combination in today’s market.
- We like the risk/reward towards TLS below $3.80 as it approaches its 2022 low.
MM is bullish TLS under $3.80
Add To Hit List
