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Does MM like APA Group (APA) here?

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Question asked 29/09/2023

Does MM like APA Group (APA) here?

Hi MM Team, What are your updated thoughts on APA. Is it worth purchasing at current prices?

Answer

Hi Tim,

We discussed APA Group in our recent Opportunities in the unloved sectors Webinar, the brief answer is yes we like APA under $8.50 believing it’s close to the bottom of its trading range, previously purchasing the stock with above a 6% yield has proven fruitful, today its forecast to yield 6.8% over the next 12 months.

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APA Group (APA)

LAST UPDATED 29/09/2023 13:50

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