What are Macquarie's top ASX All Ords picks in the automotive sector?
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What are Macquarie's top ASX All Ords picks in the automotive sector?
If you are looking for exposure to the automotive sector, then it could pay to listen to what Macquarie Group Ltd (ASX: MQG) is saying. That's because the broker has just named its top picks in the sector. Which are Macquarie's top ASX All Ords auto picks? Firstly, let's start with auto dealers. The good news for them is that Macquarie believes that profit margins are about to hit a cyclical bottom. Especially given interest rate cuts and reduce…
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