Our ALGO Engine triggered a recent buy signal in AGL at $23.38.
With the stock now making a further “higher low” formation at $24.50, we highlight the current price as a reasonable entry level.
You're not a member! Trial today
AGL is likely to upgrade their dividend payout in 2018 & 2019 which will see the stock re-rate and trade into the $26.00 range.
AGL is a suitable buy-write for income portfolios and is a current holding in our ASX 50 model.
AGL
