Dear %%first_name%%,
Percy Allan says that the US market has blasted off after recent months of lethargy but raises the question: why them and not us? In his monthly article today, he gives his version of why this is so.
I have a personal Facebook page but rarely engage with it. Yesterday I accepted an invitation to be someone’s ‘friend’ but pressed the wrong buttons and added many more friends than I’d anticipated! So it’s timely today that Charlie Aitken talks about Facebook, asking the question: Is it a buy?
Also in the Report today, Tony Featherstone asks whether packaging stocks Amcor and Pact Group are worth a look at current prices.
In Buy, Hold, Sell, What the Brokers Say, according to FNArena there have been 8 downgrades and 6 upgrades from stockbrokers so far this week, including multiple downgrades for Incitec Pivot and OZ Minerals and multiple upgrades for Domain.
Finally, in Questions of the Week, Paul Rickard answers your questions about Flight Centre; why the share price of a LIC has rallied on news it’s converting to a trust; and whether you should take a profit?
Sincerely,
Peter Switzer