Had a look at the Woolworths stock a couple of days ago and wondering if it was undervalued.
Not quite yet. It is making it's cost of capital, unlike Westfarmers (one to avoid if my calculations are correct), but I have a price target of 29.50 on it. At the Woolworths current price of 35.00 its still a little over valued for mine. But one to keep an eye on if the correction comes.
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