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  5. MAL: I have noticed MAL stock price moving upward a bit. [Magellan Aerospace Corporation]

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Q: I have noticed MAL stock price moving upward a bit. I am seeing a $16 price target. I've been waiting patiently for this stock to recover so I can sell it, since it cut it's dividend. What is your 6-12 month outlook on it? I bought it just under $10 - would you continue to wait until I can realize my price, even make a small profit or sell? Thanks so much.
Asked by Pat on July 26, 2024
5i Research Answer:
The stock is cheap, and acting better. The sector (in the US, mostly) has been seeing some good...
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