buying stocks in emerging portfolio
i do not own these stocks. which of the following stocks would you consider as a buy based on current prices. zip, rdy, srg and jlg
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Answer
Hi Sanjeev,
A quick snapshot on these 4 companies in our Emerging Companies Portfolio from a buy price perspective but please note that if the stock has an “Active” tag on the RHS of the stock code in the portfolio section of the MM Site, we still believe its a buy today:
- Zip Co Ltd (ZIP) – we like ZIP after reporting strongly last week, though after its strong rally a dip into the $2.75-3 area would provide better risk/reward.
- Readytech (RDY) – has been treading water over recent weeks, we remain fans of the business believing its good value ~$2.90.
- SRG Global (SRG) – one of the standout companies/positions in the Portfolio, we still like it ~$1.30.
- Johns Lyng Group (JLG) – 2024 has been a volatile year for JLG but we like it under $4.50.
