BHP 1.35% $43.08 bhp group limited

will it reach the 3550 target, page-36

  1. 3,128 Posts.
    lightbulb Created with Sketch. 12
    It went down in the US and london - but metal prices are up with mines striking etc and inventories falling (somewhat).

    I'd say it will rally hard today, not because of its direct relationship to the US or london, but because it is one of the biggest stocks on the ASX, and people will be trying to put their money into BHP before the end of the FY.

    It is a great stock, and certainly one which people see as a solid resource - and hence exposure to resources will force it up.

    Upside target wouldn't be that high though. Can't see it breaking into 35 territory again today, but I'm always up for being surprised.
 
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