Carr’s Call: Don’t buy the CBA sell story

Depending on when you bought in, CBA may be well worth holding onto.

Australia’s banks have received a lot of attention of late, not all of it good. From what I can gather, the consensus is that Commonwealth Bank (CBA) is overvalued and thus ripe to sell. NAB in turn is having problems with its UK assets, and a small number of commentators still await the ‘inevitable’ domestic property crash.

Now banks have had a very hard run for sure, and the sector has outperformed the All Ords by a good margin in 2012.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles