ASX Top 200 Stocks Down Under 31 January 2022: Wesfarmers, Chalice Mining, Home Consortium
Wesfarmers: Turning old into new
In today’s edition of ASX Top 200 Stocks Down Under, we last reported on Perth-based Wesfarmers on 29 March 2021, rating the stock three stars. Since then, the stock has performed mostly along our expectations. A lot has changed since we published our report and as we will explain, Wesfarmers is no ordinary retailer due to its massive diversification and expanding involvement in other investments. But the question we need to answer is whether the changing economic landscape and the company’s expanding investments make Wesfarmers a worthwhile investment?
Also in today’s edition, a look at 3E mining explorer Chalice Mining (ASX: CHN) and REIT manager Home Consortium (ASX: HMC).
Click here to read the previous edition of ASX Top 200 Stocks Down Under published 24 January 2022