InvoCare comes onto our watchlist following the 1H19 result which showed 10% revenue growth and NPAT up 9%.
The stock is nearing our entry-level following recent retracement in price.
Look for the next Algo Engine buy signal.
Author: Leon Hinde
Leon has been working in the financial services industry for 18 years in management and advisory roles. Leon has extensive experience in general advice and dealings involving securities and derivative financial products.
PS 146 Securities & Derivatives, ADA 1 & 2 accreditation, Responsible Manager Certificate. Leon is authorised to provide financial product advice and deal with respect to the following financial products:
· Deposit Products
· Interest in managed investment schemes; and
· Government debentures, bonds and stocks