Is BHP a good stock to buy now for a smsf in pension mode? At a price below $30, it seems good value to me. For the last 3 years the price has been hovering around the mid $30s. The company still seems well positioned to take advantage of the growth in China despite the end of boom times.
Similarly for WOW. The stock has been in the mid $30s for the last two years. Management seems to have made some poor strategic decisions but at below $29 this seems like good value for a SMSF. WOW does seem a bit of a cyclical stock with people switching between WOW and WES.