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PDYPF - IRL: Still A Good Option For Irish Exposure
Paddy Power Plc
IRL has been one of my top investment calls so far in 2021.
The fund has seen a surge in share price, primarily driven by a rights offering and share repurchase programs. Given the fund's steep discount to NAV, these programs were rewarding for shareholders.
The Irish economy is set to grow at a fair pace over the next few years. Further, as tourism resumes, this is a nation that will certainly benefit.