The removal of the biggest risk of MFG should bode well from risk point of view. As the portfolio is also very conservative and with sufficient room for growth through FAANG, MSFT th MFG SP should start showing slow increase. The other biggest positive is the removal of stimulus in the economy makes it certain that MFG will perform as good as the index or better most of the year. With current PE of 11 or dividend yield of 10% including franking credit it is looking a very good investment. Only thing that needs to change is the sentiment over time.
MFG Price at posting:
$21.40 Sentiment: Buy Disclosure: Held
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