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The Major Supermarkets

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Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

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Question asked 21/05/2021

The Major Supermarkets

Hi MM,

Good reports thank you. Do you like WOW and WES and what would be the buy in price?

Cheers, Jill

Answer

Hi Jill,

We like both WES and WOW as businesses but at todays levels we’re neutral hence we took profit on the former in our Active Income Portfolio a few weeks ago. We would reconsider both 10-15% lower. We prefer Metcash (MTS) at current levels.

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Wesfarmers (WES)

LAST UPDATED 21/05/2021 16:26

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