My “HOT” Stock – Automotive Holdings (AHG)

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CMC Markets’ Chief Market Strategist, Michael McCarthy likes Automotive Holdings (AHG). “This retail auto parts and logistics group is underpinned by property holdings,” he says.

“A turn around in its share price in December is backed by a solid half year report in February. Despite share price gains it is still well below 12 month highs, and trading at an undemanding PE multiple around 13x,” he adds.

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