Business
Is the CBA share price a buy right now? – Motley Fool Australia
Is the Commonwealth Bank of Australia (ASX:CBA) share price a buy right now? It has fallen around 10% in the last couple of months.
Is the Commonwealth Bank of Australia(ASX: CBA) share price a buy right now?
The CBA share price has fallen around 11% since 11 August 2020, which is a fairly sizeable decline because that’s wiped out a lot of the gains made since May.
But lower prices could be a buy signal for investors because ultimately buying at a cheaper price should help future returns.
The FY20 result was quite solid in my opinion, compared to other major ASX banks. Statutory net profit was up 12.4% because of gains o…
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