Market Wrap - Stock Pick — EOH
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Caroline Cremen from Adviceworx chose EOH Holdings as her stock pick of the day.
"I'm going to be a bit on the dangerous side and going for EOH. They appointed a new Chairman, he is a heavy weight, highly regarded person and simply ads to the management capital they already have there. I think the reputational issues at EOH are being dealt with, they still have some very good assets and business seems to be restructuring properly. Although I wouldn't put it in my retirement portfolio but I think it is due for a bit of recovery this year.
"I'm going to be a bit on the dangerous side and going for EOH. They appointed a new Chairman, he is a heavy weight, highly regarded person and simply ads to the management capital they already have there. I think the reputational issues at EOH are being dealt with, they still have some very good assets and business seems to be restructuring properly. Although I wouldn't put it in my retirement portfolio but I think it is due for a bit of recovery this year.
