The Stock of the Day is Judo Capital Holdings (ASX: JDO)

Judo Capital Holdings (ASX: JDO) has reported that underlying profit before tax has increased 2% to $110M, in line with guidance. Gross loans and advances grew 20% to 10.7 billion (at the top end of guidance). Profit after tax is $70M following a slight drop in earnings. Judo Bank has also reconfirmed its FY 25 target of 15% growth in profit. Our expert Marks, Mark Moreland from TeamInvest and Mark Gardner from MPC Markets, share their views. Mark Garder says he's been a big fan of the company for a long time and says they should do well, noting that it can be hard to get growth in the banking sector. He sees the economy softening, so wouldn't be rushing to the stock now but would buy on dips. Mark Moreland agrees that Judo Bank is doing well so far but would want to see a longer track record before jumping in on it. So will it be a buy, hold or sell?
Watch the full episode here: ausbiz.co/thec...
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Rio Tinto (RIO)
Orora Group (ORA)
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