Oz Blog News Commentary

And now for a Commonwealth Bank bubble

June 10, 2021 - 12:30 -- Admin

Is the Commonwealth Bank now a tech growth stock? Because it sure ain’t trading like a bank. You know, the boring, slow, reliable dividend growth of a utility. None of that, thanks. Apparently, it’s a 21x forward earnings, massively margined, FAANG or similar. The highest ever over-valuation by a country mile: The other banks are

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