Panic-Proof Portfolio TOP PICK
Mullen Group Ltd(MTL-T)
25/05/2022 at 08:00pm
Stockchase Research Editor: Michael O'Reilly With recently reported EPS up 58% over the year, this provider of trucking and logistics services in Canada and the US, is again reiterated as a TOP PICK. Margins are flat, meaning inflation costs are being passed on to customers and insiders continue to buy the stock. It trades at 1.3x book value. Its monthly dividend yields 5.67% and is backed by a payout ratio of 65% of earnings. We continue to recommend a tight stop loss at $11.50, looking to achieve $16.00 - upside potential over 28%. Yield 5.9% (Analysts’ price target is $16.11)
TRANSPORTATION
The Panic-Proof Portfolio (Stockchase Research)
$12.510