Australian Stock Report - Share Tips

Share to buy - Magellan Financial (MFG)

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Publish date: Mon, 22 Feb 2016, 09:48 PM
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Our stock analysis blog provides information on stocks to watch and helps you figure out which are the best stock to buy. We use fundamental and technical analysis to identify the stocks tips that will supercharge your portfolio. We don't believe in choosing stock tips on rumours or hearsay. Our share tips use fundamental analysis, like price-to-equity ratios, cash flow analysis and net tangible assets, to identify the best share trading opportunities. We then use technical analysis, which is the study of price charts, to determine the best level to buy shares. We believe using the two school of investment analysis allows us the increase the chances of our share tips being successful.

MFG’s recent numbers speak for themselves:

  • 41% increase in profit
  • 38% increase in dividend
  • exceptional net inflows and a reduction in employee expense to income

Technically, after a sharp pullback the stock found support around $20 and has bounced strongly.

The recent bullish candle was a confirmation candle and a signal that traders should be happy to buy into.

The post Share to buy – Magellan Financial (MFG) appeared first on Australian Stock Report.

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