No matter how crazy this economy goes, we will always need to buy food.
Also certain costs will go down, logistics (petrol), being the main one.
Like WDC, There should also be good acquisition prospects with other companies forced to sell. Unlike WDC there isn't the risk of retailers within shutting shop and losing rental income. And if they want to build something new, the cost of materials needed to build will be cheaper than anytime in the recent past.
WOW is definitely a long term hold and a company that can take advantage of this market. However I still think sentiment for the stock market in general will push it down a bit.......
......a LTH for me!
No matter how crazy this economy goes, we will always need to...
Add WOW (ASX) to my watchlist
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Last
$33.42 |
Change
0.120(0.36%) |
Mkt cap ! $40.82B | |||
| Open | High | Low | Value | Volume |
| $33.41 | $33.49 | $33.32 | $42.60M | 1.274M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8318 | $33.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.43 | 362 | 1 |
View Market Depth
| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| WOW (ASX) Chart |