The Stock of the Day is AGL Energy (AGL)

AGL Energy (AGL) as reported that  half year profit is up 359%, revenue is down 20% and generation costs have fallen 28.6%.  With a bumper report like this, what do our experts, Kevin Robinson from TeamInvest and Michael Gable from Fairmont Equities, think of AGL Energy (AGL)? Michael says that it's not a company he'd normally get into; it's the sort of company that the government might get involved in if they start doing well and not passing benefits on to customers. He thinks there are more stable investments elsewhere.  Kevin says that while 300+% sounds good, it's coming off the back of losses and so this variability is a red-flag for him.  With other issues around energy generation, AGL is not the sort of sector that appeals.  So will it be a buy, hold or sell?

Watch the full episode here: https://ausbiz.co/the-call-080224

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