This is a win win for ARB lol, it was the stock to buy when there wasn't a vaccine and it's the stock to buy now there is lol. From todays AFR:
Top stocks for a vaccine-led recovery
As the Australian sharemarket shifts into a recovery phase, fund managers name their top picks for investors to benefit from the recovery trade
ARB has already benefited from domestic vehicle spending and, with international tourism still some way off, Celeste Funds Management portfolio manager Paul Biddle says ongoing demand for local travel could continue to buoy the shares. "People aren’t travelling overseas. They are camping, fishing and spending time on driving holidays. Making your four by four look and feel better means ARB have been a beneficiary of COVID domestic spending," he says. "ARB are also winning new contracts to supply accessories to the new Ford Rodeo in the US, which is supportive of earnings in the future. "These stocks will generate revenue as people seek to holiday at home and buy a second car because they don’t want to use the crowded bus."
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Last
$37.63 |
Change
-0.100(0.27%) |
Mkt cap ! $3.098B |
Open | High | Low | Value | Volume |
$38.05 | $38.35 | $37.59 | $5.088M | 134.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 273 | $37.63 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$37.77 | 167 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 75 | 37.450 |
1 | 85 | 37.380 |
1 | 14 | 37.300 |
1 | 500 | 37.160 |
1 | 270 | 37.030 |
Price($) | Vol. | No. |
---|---|---|
37.960 | 5 | 1 |
38.960 | 500 | 1 |
39.000 | 7060 | 3 |
39.310 | 1259 | 1 |
39.580 | 138 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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ARB (ASX) Chart |
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