$Super Retail Group Ltd (SUL.AU)$ For me this is a great entry point to start accumulating. I put a fair value on this business at about 18x earnings which is around 30% higher then share price currently. I think earnings will grow as interest rates come down & of course we do not want to wait to it happens.Investing is about frontrunning everyone else. Now is the time to jump in.
Our market gave back about half of the previous sessions gains as inflation came in higher than expected. Consumer discretionary stocks closed mostly lower on fears higher interest rates in the future could translate to weaker retail sales. Harvey Norman$Harvey Norman Holdings Ltd (HVN.AU)$fell 8.3%, JB Hi Fi$JB Hi Fi Ltd (JBH.AU)$dropped 2.63% while SuperCheap ($Super Retail Group Ltd (SUL.AU)$) finished up 3.13% thanks to UBS upgrading the stock to a BUY.$S&P/ASX 200 (.XJO.AU)$
G'day, mooers! Check out the latest news on today's stock market! • Broken record market sees S&P, Nasdaq hit highs • ASX extends losses; BHP falls by over 1% • Stocks to watch: Woodside, SkyCity, Super Retail Wall Street Summary The market fell but the$S&P 500 Index (.SPX.US)$and$Nasdaq Composite Index (.IXIC.US)$hit all-time closing highs, and intraday records just before the bell.$Apple (AAPL.US)$also hit records in a delayed reactio...
Buffett's holdings are the latest portfolio from Berkshire Hathaway. Regarded as a top investor, his trades often signal the market and influence the industry. Buffett's holdings are the latest portfolio from Berkshire Hathaway. Regarded as a top investor, his trades often signal the market and influence the industry.
Super Retail Group Ltd Stock Forum
For me this is a great entry point to start accumulating. I put a fair value on this business at about 18x earnings which is around 30% higher then share price currently. I think earnings will grow as interest rates come down & of course we do not want to wait to it happens.Investing is about frontrunning everyone else. Now is the time to jump in.
$Super Retail Group Ltd (SUL.AU)$
whispers in news, that they be dropping extra dividend
making these two stocks looking more favorable
especially
here's to hoping
super happy.
.83c / share this round. noice
Consumer discretionary stocks closed mostly lower on fears higher interest rates in the future could translate to weaker retail sales.
Harvey Norman $Harvey Norman Holdings Ltd (HVN.AU)$ fell 8.3%, JB Hi Fi $JB Hi Fi Ltd (JBH.AU)$ dropped 2.63% while SuperCheap ( $Super Retail Group Ltd (SUL.AU)$ ) finished up 3.13% thanks to UBS upgrading the stock to a BUY. $S&P/ASX 200 (.XJO.AU)$
• Broken record market sees S&P, Nasdaq hit highs
• ASX extends losses; BHP falls by over 1%
• Stocks to watch: Woodside, SkyCity, Super Retail
Wall Street Summary
The market fell but the $S&P 500 Index (.SPX.US)$ and $Nasdaq Composite Index (.IXIC.US)$ hit all-time closing highs, and intraday records just before the bell. $Apple (AAPL.US)$ also hit records in a delayed reactio...
• Top losers: $Fletcher Building Ltd (FBU.AU)$, $De Grey Mining Ltd (DEG.AU)$, $Arcadium Lithium PLC(Delisted) (LTM.AU)$
Market Performance
Australia's $S&P/ASX 200 (.XJO.AU)$ closed flat at 7750.0, recovering its losses at the end of a day spent entirely in the red.
Consumer and health stocks were the best performers as the benchmark index ral...
• Top losers: $Coronado Global Resources Inc (CRN.AU)$ $Super Retail Group Ltd (SUL.AU)$ $JB Hi Fi Ltd (JBH.AU)$
Market Performance
Australia's $S&P/ASX 200 (.XJO.AU)$ closed 1.1% lower at 7721.6, snapping a five-session run of gains amid weakness in shares of banks and consumer-facing companies.
The benchmark i...
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