https://greenedgewealth.com/JM-Financial–Getting-back-to-core/index.html
Fundamental triggers:
- JM Financial to run down less profitable and capital intensive businesses
- While its leadership in IB & IE will likely continue, its wealth, MF & digital broking businesses are expected to turnaround in next 2 years leading to much higher profits in currently higher profitable business
Technical trigger:
Stock is breaking out of 5 year consolidation with huge volumes
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