Hot stock – Harvey Norman (HVN)

Print This Post A A A

Like

Michael McCarthy likes Harvey Norman (HVN). He says this long established and successful retailer has just lifted off 4 year share price lows. “If it simply maintains current dividend levels, it will pay better than 11% (including franking) The consumer sector may be due a rally, and given HVN is trading on around 11.5x forward earnings could be described as a value proposition,” he states.

Source: Google

Dislike

Michael is still not a fan of AMP. “After trading to within 4 cents of its all-time low, many are asking if AMP is a value buy. The uncertainty surroundings earnings, its current trend, and potential sweeping change coming from the Royal Commission inquiry mean that AMP could turn out to be a value trap,” he maintains.

Source: Google

Important: This content has been prepared without taking account of the objectives, financial situation or needs of any particular individual. It does not constitute formal advice. Consider the appropriateness of the information in regard to your circumstances.

Also from this edition