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Rolls Royce remains an attractive long cycle stock

By Chris Bailey | Friday 8 November 2019


Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


I last wrote on Rolls Royce (RR.) in September where I noted that 'stuttering engines at Rolls-Royce sounds like a horror show - imagine being on a plane if it all went wrong! - but I would buy the shares now and below seven quid if Mr Market gives an opportunity. Ultimately I see them testing the high of the last 52 week range at c. 10 quid again'. And despite what was undoubtedly a very messy update yesterday, I retain that view today…

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