The fact that these stocks are large caps doesn't stop them from going up 20-30% over the next 12 months. Half the companies you mentioned aren't part of the fund and most of them have had great results. I agree the difficulty increases over time as the fund gets larger, but even Apple as the biggest company on the Dow has a potential to go up 20-30% depending on the quality of the iphone 7. None of this takes into account that MFG isn't on a valuation all that much higher than a bank stock either.
Certainly I dream of a world in which Hamish lists a new investment company with $10 million under management, but I think that this stock easily has the potential to do 20-30% over the next 5 years, particularly with the likely depreciating AUD.
MFG Price at posting:
$22.84 Sentiment: Buy Disclosure: Held
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