My HOT Stock – Super Retail Group (SUL)

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CMC Markets’ Chief Market Strategist, Michael McCarthy likes Super Retail Group (SUL), partly because despite recent gains its shares are still trading at around 10x next year’s earnings. “One could argue SUL is “supercheap”,” he says.

“It has clear momentum and could be breaking through important resistance around $8. SUL may be one of the winners in an under-loved sector of the market,” he adds.

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