Small Cap Stocks Down Under 16 September 2022: Propel Funeral Partners (ASX:PFP)
Propel Funeral Partners: Dealing with a certainty of life
Propel Funeral Partners (ASX: PFP) is one of two ASX stocks in the funeral business. As today’s quote and article title note, death is one of life’s two certainties. Propel has gained 26% in the last 12 months, 8% in CY22 and 76% since its IPO 5 years ago. But was it inevitable that the stock would do well? As the negative performance of Invocare (ASX: IVC) and the difficult days of early 2020 depict, not necessarily.
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