JBH and CRN

I bought JBH and CRN, but they are down 20 to 15% respectively since August. My view is long term (5yrs+).

Do you feel it is a good buying opportunity?

A: I am also long CWN and JBH.


I feel that they are both well run companies and have strong medium term growth prospects.


Clearly, they are out of favour with the market – so there is probably not going to be much recovery in the short term. The analysts remain fairly bullish – the consensus target prices are well above current levels at $18.44 for CWN and $18.99 for JBH.


I am not a huge fan of averaging down – however I am prepared to be patient and hold for the medium term.



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