Great piece and analysis on CSL: https://www.livewiremarkets.com/wires/why-csl-is-cheaper-than-you-think
To the constant bickerers about its "expensive" valuation, note this:
"If you're looking through a company's profit and loss statement and their earnings is being suppressed by the fact that they're investing a billion dollars to support future growth, then I think just valuing that part of the business at the headline multiple is obviously not the right way of doing it. For us, we prefer to look at that R&D pipeline separately."
If this still doesn't make sense to you, you really are welcome to buy shares of cheap stocks like NAB and Telstra.
Why CSL is cheaper than you think
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Last
$292.01 |
Change
-0.990(0.34%) |
Mkt cap ! $141.1B | |||
| Open | High | Low | Value | Volume |
| $292.33 | $292.85 | $290.25 | $152.1M | 521.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 591 | $292.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $292.01 | 99 | 1 |
View Market Depth
| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| CSL (ASX) Chart |