CSL is a typical 'tech' bubble stock. Thirty years of almost free money.allowed it to make expensive acquisitions and rack up huge debts (nearly 90% of NTA) on acquisitions and buybacks resulting in a grossly inflated share price. Expenses are growing faster than revenue. Net income growth isn't even matching inflation.That's why the price has fallen >25% in USD in the past 18 months. IMO CSL will continue to fall substantially (in real terms) until fair value is reached.
Insiders hold a minuscule 0.41% of the issued shares. [IIRC Brian McNamee has sold well over two million shares since the float.]
CSL Price at posting:
$285.50 Sentiment: Hold Disclosure: Not Held
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