Have Goodman shares run too hard?
We researched Goodman Group (ASX:GMG) in The Dynamic Investor earlier this month. At the time, the shares had weakened following the release of full-year results. We took the view that the weakness presented an attractive entry point given GMG’s track record of execution and consistent delivery of above-consensus earnings. The shares have since recovered strongly and are trading closer to market valuations (currently ~$36 per share). With this is mind, we assess whether current levels still present an entry opportunity. …