Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hi team, thank you for your ongoing, valued insights. Could you please explain your current view of FMG? I note your ‘neutral’ stance on the Analysis page, but also see the stock is marked as Active within your portfolio listings. Thank you, Catherine
Hi Catherine,
We wrote about Fortescue (FMG) on Wednesday here in essence we moved from a bullish to neutral stance primarily due to how hard the stock has run ahead of potential longer-term supply risks on the horizon:
We have actually removed the Active tag from the stock on the site on Friday, to reflect our more neutral stance – thank for keeping us on our toes!
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