There is a danger in being a big fan of a stock - you don't see the negatives. But CSL is now $182 and this is a lower risk entry point for a growing business that is not susceptible to seasonal variation in business. It is impacted by currency exchange though and still has a highish PE.
I think under $190 is good buying though under $170 would be amazing.
If there was one stock to recommend to my children it would be CSL. As for a time to buy? I think starting with one parcel now would be a good decision. If it drops near $170 add more.
No intention to ramp - I was just thinking of which stock I would recommend for my grown offspring if they had some spare cash to invest for a few years. Apart from CSL I am struggling a bit to come up with a recommendation.
DYOR of course.
CSL Chart, page-349
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Last
$297.66 |
Change
-0.870(0.29%) |
Mkt cap ! $143.8B | |||
| Open | High | Low | Value | Volume |
| $297.59 | $298.49 | $296.08 | $171.9M | 578.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 277 | $297.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $297.67 | 169 | 1 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| CSL (ASX) Chart |