Csl is actually safer than a bank. We all need plasma and vaccines.
CSL has smashed banks for a return, even considering dividends.. it's a massive difference.
Banks have crypto, bnpl and smaller lenders getting market share. Also if the market crashes, people default and banks can lose money on forced sales in a weak market. CSL proved it can still grow even during a pandemic
CBA during Covid went from $90 to $55 (40% drop).. CSL went from $334 to $270 (19% drop)..
NAB Price at posting:
$26.62 Sentiment: Hold Disclosure: Not Held
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