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Will these “forgiven” stocks justify investor support?
Over the next two weeks we will get the earnings show and tell from a number of companies that have had shockers over the past year or so but recently they have been ‘forgiven’ or at least trusted to perform better than expected. Given the fact that many such as Xero, WiseTech, CSL and others have picked up a get-out-of jail card of late, these companies will need to deliver something positive, or at least not give any new bad news.
