You do not know the difference between advice & a warning.
CBA is in a bubble & the higher it goes, the further it has to fall.
You surely could not be a serious investor, buying at this level with a yield of 3.157%. There is little possible upside from here but much larger downside, so why would anyone bother buying the stock? Is it worth the risk of holding until the yield gets to 3% & that is @ $155.00? At $150.00 the yield is 3.1%.
What is the attraction that makes CBA worth buying, with limited short-term upside & a low yield?
CBA Price at posting:
$147.26 Sentiment: Sell Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)