May 2022

Stock I'm watching this month:-

BHP - BHP Group Ltd

Sector: 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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