Treasure Chest | 2:51 PM
FNArena's Treasure Chest reports on money making ideas from stockbrokers and other experts. Today's idea is REA Group.
-History suggests there is too much concern around Co-Star's entry into the Australian market
-RBC Capital suggests ACCC probe is likely to have a negligible outcome
-REA's competitive position, network effects and pricing model place remain robust
-The stock's valuation looks compelling within historical context
By Danielle Ecuyer
FNArena's Treasure Chest reports on money making ideas from stockbrokers and other experts.
Whose Idea Is It?
RBC Capital
The subject:
REA Group ((REA)).
RBC Capital has concluded market concerns over the ACCC probe and competition from Co-Star have been overly discounted.
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