CSL 0.24% $292.77 csl limited

There will be a rotation out of current favored blue chip stocks...

  1. drg
    3,585 Posts.
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    There will be a rotation out of current favored blue chip stocks into CSL shortly I think. The likes of BHP, WES, LEI have all run very hard lately and are at the stage of looking expensive again, almost as though this GFC thing didn't happen. CSL is one of the very few big cap stocks that is still trading near it's 52 week low. Worth keeping an eye out at these levels... up to today I haven't seen this lack of movement over the last few weeks in CSL for a very long time. It had to break one way and unfortunately it has been down...
 
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