Скачать или смотреть The Stock of the Day is Wesfarmers (ASX: WES)

Wesfarmers (ASX: WES) has reported a 3.7% rise in annual profit, boosted by strong sales across its divisions but primarily from its top retail units Bunnings and Kmart. Net profit after tax for FY24 was $2.56B, in line with estimates and higher than $2.47B from the year before. Wesfarmers will pay out a final dividend of $1.07 per share. Our experts, Ben Richards from Seneca Financial Solutions and Jonathan Tacadena from MPC Markets, share their views on the stock. Jonathan says that based on the current trajectory, he thinks Wesfarmers is close to a top so wouldn't be bring fresh money to the stock. Ben says that's it a bit too richly priced but can see the attraction of the stock to a "hold and never sell" type of investor, but is it for him? Will it be a buy, hold or sell?

Watch the full episode here: https://ausbiz.co/4g1Egiu

Stocks covered on today's episode of 'the call':
ASX (ASX)
Fiducian Group (FID)
Pointsbet Holdings (PBH)
Elders (ELD)
Domino's (DMP)
Lovisa (LOV)
Kogan.com (KGN)
Aurizon Holdings (AZJ)
RPMGlobal Holdings (RUL)
Mayne Pharma Group (MYX)

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