
Are Westpac (WBC) shares too cheap to ignore?
Westpac (ASX:WBC) shares are down 42% since the share market started dropped in February 2020. Are Westpac shares too cheap to ignore?
Big money is not in the buying or selling, but in the waiting.
Charlie Munger
For my own portfolio, I like to find ASX shares that are growing their dividends. Growth is an essential part of the dividend equation for me. I want to see that the dividend increases are funded by growing earnings and/or growing underlying asset values. I also have a portion of my portfolio invested in an ETF that picks undervalued global businesses with strong competitive advantages.
For Rask Media, I have an interest in covering technology (and tech-related) businesses with a global growth story, as well as cyclical companies that are cheaply priced because they’re at a low point in the cycle, such as retailers and resource businesses which could benefit strongly in the medium-term.
Westpac (ASX:WBC) shares are down 42% since the share market started dropped in February 2020. Are Westpac shares too cheap to ignore?
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