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Momentum shares with further to run

Phil Oakley discusses two high-performing shares
April 12, 2024
  • Paragon lives up to its name
  • Wall St. is bullish on Netflix

Both our companies this week have enjoyed a good 2024 so far and there may be further upside ahead. Paragon Banking Group has a niche business model that helps it better mitigate the usual hazards for banks and the shares are still not overly expensive. Streaming giant Netflix is on a more punchy valuation but there is a pathway for further growth.

Despite a very strong run over the year, it is difficult to argue that Paragon Banking Group (PAG) shares look expensive given its current and expected profitability.

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