The Stock of the Day is Macquarie (MQG)

The Stock of the Day is Macquarie (MQG)

ausbiz

8 месяцев назад

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Has Macquarie (MQG) lost its shine? The company announced a 39% drop in first half earnings, trimmed its earnings forecast twice since May and layoffs on the horizon. What do our experts, Jun Bei Liu from Tribeca Investment Partners and Adam Dawes from Shaw and Partners, have to say about this stock? Jun Bei says that with a history of strong earnings, this year is looking like one where they'll have to rebase lower. And she sees the potential for more earnings downside too. Adam agrees that this is a great company to be in and would definitely buy when it's below $180; it's heading into that territory, so will it be a buy, hold or sell for Jun Bei and Adam? Watch to find out!

Watch the full episode here: https://ausbiz.co/the-call-0311

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