WBC 2.46% $28.98 westpac banking corporation

Key Reasons that Westpac is a great investment, page-50

  1. 1,602 Posts.
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    Ahh. I see. There was another comment today about a fall today.

    I don't know why, but such comments don't tend to acknowledge that the DJI and other indices are generally falling in response to global uncertainty resulting from, amongst other things, the seemingly increasing trade war; nor that the ASX was down 1%. Nor, as an example do they put WBC fall in the context of far greater falls today, eg from the ASX 200:

    SVW -7.41%
    BVS - 7.26%
    LNK - 6.70%
    ALQ - 6.06%
    ASL - 5.80%
    BHP - 2.52%
    FMG - 3.6%

    TheWBC fall looked modest relatively. As it happens, based on the 12 month to datetimeframe, start just over 27, current just over 27, and a nice dividend. It will do me as a part of a portfolio in difficult conditions.

    So, if a shorter, there were better trades than WBC. If long, today there were fewer losses with WBC than many others. Over 12 months, better than the bank.
 
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