Which does MM prefer ELD or GNC?

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Question asked 11/06/2022

Which does MM prefer ELD or GNC?

Hey James and Team Thanks for your ongoing commentary. I am looking to get some exposure to the agri sector Which stock do you prefer and why ? or can you suggest an alternative General advice only Many thanks

Answer

Hi David,

We like both the Agricultural Sector and two stocks you’ve mentioned Elders (ELD) and GrainCorp (GNC). We like ELD into weakness under $12 following its strong 2022 while GNC looks good today and destined to make fresh highs above $11 hence right here right now our vote goes to GNC but medium / longer term we like them fairly equally.

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GrainCorp (GNC)

LAST UPDATED 10/06/2022 12:46

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