Worth noting in the event of a Biden win in the US.
"Any Australian company that generates a large chunk of their profit in the US is going to be hit by high corporate taxes," Jenneke says. "So definitely healthcare – if you think about most of the healthcare companies, 50 per cent-plus earnings come out of the US."
Among the examples are CSL, which generated 54 per cent of its revenue in the US last year, and Resmed, which has a higher concentration at 62 per cent of revenue.
Time to buy, page-5
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Last
$168.02 |
Change
5.850(3.61%) |
Mkt cap ! $17.55B | |||
| Open | High | Low | Value | Volume |
| $164.18 | $169.07 | $164.18 | $39.42M | 235.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 780 | $168.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $169.65 | 780 | 1 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| PME (ASX) Chart |