MFG 0.53% $9.44 magellan financial group limited

Depressingness, page-35

  1. 1,188 Posts.
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    I don't think it's a buy yet by any means, but at the same time this is the best financials stock on the ASX and when global markets realise the fact that they're jumping at shadows I would expect this to have a sizeable comeback based on their track record. I can't understand why anyone would bet against HD's track record in the medium and long term. When they could potentially offer a dividend yield at 6% I would hardly call it bad value.
 
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