Short term overbought, but still worth more imo. The yield is safer than with financials, but there's a strong case they deserve to be rated as a growth stock, rather than utility. The industry is rapidly growing, virtually recession proof, and they have an extremely strong competitive position within it. They are also a safer bet (with much higher barriers to entry) than the handset makers and app developers that are the market darlings.
Short term overbought, but still worth more imo. The yield is...
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Last
$3.83 |
Change
-0.020(0.52%) |
Mkt cap ! $44.25B | |||
| Open | High | Low | Value | Volume |
| $3.85 | $3.88 | $3.81 | $96.28M | 25.08M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1630 | $3.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.84 | 141391 | 4 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| TLS (ASX) Chart |