I know Naspers probably has some more upside over the medium to long term but I thought it would be cool to see what usually happens after it rallies 40% or more in a quarter. The sample size isn't large but I had a look nonetheless. The average subsequent 3M return is +2.07%. We are currently up 6% for Q3, so it's running 3x above that. Let's see...
For more insights such as these, get in touch today.
For more insights such as these, get in touch today.
