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Hot stock –  EMECO Holdings (EHL)


This week, CMC Markets’  Chief Market Strategist, Michael McCarthy likes EMECO Holdings (EHL). “The heavy equipment rental group halved in share price, from a peak above $4 just six months ago. Growth expectations for the group are modest, and the P/E is well below the market average at around 10x. Mining groups are running, yet EHL is still closer to lows, making it attractive in my book,” he says.