ASX Top 200 Stocks Down Under 12 April 2021: National Australia Bank, Champion Iron, Hutchison Telecommunications (Australia)

National Australia Bank: On the road to recovery

In today’s edition of ASX Top 200 Stocks Down Under, the last time we checked in on Melbourne-based National Australia Bank, the share was trading at a 20-year low. Fast forward ten months and NAB had climbed 60%—and is on the verge of returning to where it was before the COVID-19 outbreak caused the floor to drop from underneath. We expect Australia’s leading business bank to continue to benefit from the economic recovery, investments in digital banking and a focus on its core business.

 

Also in today’s edition, a look at Canadian iron miner Champion Iron (ASX: CIA) and TPG Telecom investment holding entity Hutchison Telecommunications (Australia) (ASX: HTA).

 

Click here to read the previous edition of ASX Top 200 Stocks Down Under published 29 March 2021

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