Stocks are ridiculously undervalued at the moment.
Even if the ASX was to drop 9%, you'd be miles in front.
Lets just look at one ... ANZ
Intrinsic value for ANZ = 37.60
price = $25.72
this has to go up 31% before it looks like it will be come fair value
In addition while you are waiting around you can get a 5% divi
So what is that 36%...It's no brainer if you ask me.
And guess what..... there are a lot of stocks that are way undervalued out there.
when will the hurting stop, page-13
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Last
$63.53 |
Change
-0.970(1.50%) |
Mkt cap ! $12.31B | |||
| Open | High | Low | Value | Volume |
| $64.71 | $64.80 | $63.32 | $24.41M | 383.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1431 | $63.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $63.54 | 890 | 1 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| ASX (ASX) Chart |