Thinking out aloud
Noting the fairly mammoth run in Wisetech shares. WTC ranks very well in our quant factor models, screening as one of the highest quality stocks out there. In WTC’s case, we choose to overrule the model’s signal, but we won’t go into that here.
What is abundantly clear, is the valuation. And it is far too high for our risk appetites, many times over.
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