May 2022
Stock I'm watching this month:-
BHP - BHP Group LtdSector: Basic Materials
Market Cap: 338 Bil
Price/Earnings: 10.6
Price/Book: 3.27
Return On Equity: 33.16%
Return On Assets: 20.14%
Debt/Equity: 36.09%
Reasons to watch: BHP is a mining and energy company. Its primarily a mining company with some assets in energy. It is probably the most diversified natural resources company in the world. It is a blue chip company in Australia and its business is pretty stable, although it also depends on the demand for commodities.
Risk: The revenue of the company depends on the commodity cycle.
Sentiment: Buy
Disclosure: Held
Current Price: $44.77
My Strike Price: $41 (Morningstar Fair Value:$41.86)
Disclaimer: This does not constitute any financial advice or stock recommendations. As always, Do Your Own Research.
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