Skip to Content
scroll

What are MM’s current thoughts on Woodside (WDS)?

Advanced Search

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

Ask a question

    The Latest Q&A

    Question asked

    What are MM’s current thoughts on Woodside (WDS)?

    Hi guys, I'm tracking the recent performance of WDS and I can see it is approaching the $38 mark. What's your latest assessment on the stock?  

    Answer

    Hi Angela,

    We did previously flag $38 for WDS however we continue to like our current position, we still think Oil will trade higher into Christmas which should help WDS perform strongly. MM currently holds a 5% position in our Flagship Growth Portfolio which we might reduce to 3% ~$40 but for now the trend remains our friend and that’s clearly up.

    chart
    image description
    Woodside Energy Group (WDS)
    image description

    Relevant suggested news and content from the site

    image description
    Overview
    image description
    A discussion with Geoff Wilson – Wilson Asset Management & James Gerrish – Market Matters
    image description
    Thursday 17th April – ASX +24pts, CGF, BHP, STO
    image description
    Major Movers Today
    image description
    Ausbiz: Research Lead Shawn Hickman discussing Copper
    image description
    Thursday 17th April – Dow -699pts, SPI down -26pts
    image description
    Stocks This Week – Source Bloomberg
    image description
    Wednesday 16th April – ASX +20pts, BOQ, RIO, ZIP
    image description
    Sectors This Week – Source Bloomberg
    image description
    Wednesday 16th April – Dow -155pts, SPI down -3pts
    Members only

    UNLOCK MARKET MATTERS NOW

    Take a free trial.

    No payment details required.

    Already a member? Click here to login
    Back to top