Dear %%first_name%%,
Last week, I focused on the top 20 stocks in the S&P/ASX 200 index, as many experts argued that, in volatile times, these more solid companies were positioned to do well. And many of the companies I listed had a good week at the stock market ‘office’. Suncorp, for example was up 5.5% over the five days, while ANZ put on 3.4%.
I’m not as aggressively bullish for local stocks as some overseas tipsters but I am still positive, so in my article today I look at many more stocks to see which ones the analysts believe have potential for double-digit gains.
Last November, 530,915 Aussies became shareholders in Coles, making it one of the most widely held stocks. In today’s Report, read Paul Rickard’s view on buying, selling or holding this stock.
And also in the Report today, Julia Lee tells us what stocks she sees affected by the current Aussie housing market and tips a stock she believes is an opportunity.
While macro-optimism has pushed up share prices over the first three weeks of January, Rudi Filapek-Vandyck believes that Aussie investors might be heartened by the observation that stockbroking analysts locally are equally supporting the upward move in share prices by issuing more recommendation upgrades than downgrades for individual ASX-listed stocks. In Buy, Hold, Sell – What the Brokers Say, we have 16 upgrades versus 9 downgrades from analysts last week.
And finally, our Hot Stock today that Michael McCarthy from CMC Markets likes is Ramsay Health Care.
Don’t forget our upcoming webinar. I’ll give you details in Thursday’s newsletter.
Enjoy the read!
Sincerely,
Peter Switzer