Masduraser
ALU is a very good AI ASX stock. But Its has moved very strongly over the last month. Currently at $21.8. I got in at $9.15 so happy with the action so far. Maybe its one to put on your watch list and maybe buy in the dips if there are any.
Its very hard to say whether they are currently over priced , however if you look at the chart for the last two years you would have seen them move from $5.61 to 21.80. I decided 11 months ago that at 9.15 that they were not overprice.
Do some research, then its your call.
Also have a look at WTC They have also run strongly over a two year period, but have pulled back sharply over the last month. I suspect that the pull back has been over done and currently represent good value. But DYOR
cheers Lies
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