‘HOT’ stock: Pinnacle Investment Management Group (PNI) 

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In our “HOT” stock column today, Raymond Chan from Morgans explains Morgans view on Pinnacle Investment Management Group (PNI).

Pinnacle Investment Management Group (PNI) is an ASX-listed, multi-affiliate investment management firm. 

“PNI’s valuation sees the stock susceptible to market volatility in the short term,” Raymond said.

“However, we see longevity to PNI’s growth profile from scaling up the current stable of managers and from adding further affiliates (start up and acquisition),” he added. 

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