Q’s on CSR, BLD, TAH, HLS

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Question asked 02/04/2021

Q’s on CSR, BLD, TAH, HLS

Hi MM Team Can I have your current view on Boral (BLD), CSR Ltd (CSR), Healius (HLS) and Tabcorp(TAH) - sorry for the number of stocks but looking to increase cash levels with these holdings and will regard highly your thoughts on these stocks. Thanks Debbie

Answer

Hi Debbie,

Boral (BLD) and CSR are benefiting from a resurgence in local construction, plus Boral now has the benefit of a share buy-back which was announced last week. We like both stocks and can see ongoing strength.

Both Healius (HLS) & Tabcorp (TAH) have essentially doubled from their COVID-19 low. HLS has benefited from increased demand for diagnostics and while we think that theme continues, it will likely be at lower rates. We are neutral HLS after it traded above $4 and see better value in other healthcare stocks.

TAH is hard to get excited about here, we think the easy money is now gone and consolidation around current levels ($4.70) is the likely outcome.

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Boral (BLD)

LAST UPDATED 02/04/2021 10:32

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