Bega Cheese is under Algo Engine buy conditions and is a current holding in our ASX model portfolio.
Accumulate within the $5.50 – $5.70 price range.
4/6 Update: Bega has now rallied from Wednesday’s $5.64 low to be trading today at $5.90. Traders – stay long BGA whilst the price action remains above the 10 day average.
Investors – You may choose to simply hold the stock for yield and the likely compound 5 – 9% EPS growth.