Should you be overweight or underweight banks?
Bank reporting season was somewhat underwhelming and with banks struggling to grow profits, an underweight position might be the go for those investors focussed on growth.
Paul Rickard has more than 30 years’ experience in financial services and banking, including 20 years with the Commonwealth Bank Group in senior leadership roles. Paul was the founding Managing Director and CEO of CommSec, and was named Australian ‘Stockbroker of the Year’ in 2005. In 2011, Paul teamed up with Peter Switzer and Maureen Jordan to launch the Switzer Report, a newsletter and website for share market investors. A regular commentator in the media, investment advisor and company director, he is also a Non-Executive Director of Tyro Payments Ltd and PEXA Group Limited.
Bank reporting season was somewhat underwhelming and with banks struggling to grow profits, an underweight position might be the go for those investors focussed on growth.
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Treasury Wines is a well-run company that was remarkably agile in developing new markets when China imposed its ban on Australian wine. But would I participate in this recent capital raising? Here are my thoughts.
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Is Treasury Wine Estate’s purchase of a US luxury wine maker DAOU a good deal? What do the brokers say about Liontown? What was the best performing sector in the market in October? How much profit is Westpac expected to report?
Here are my views on the best term deposit rates available now and what I think the direction of term deposits will be going forward.
Why did the price of bond fund NB Global Corporate Income Trust surge by 7%? Credit Corp has dropped by more than 30%. Is it a buy now? Is property fund manager Charter Hall Group a good buy? When do the major banks report their profits?
Bank reporting season provides a ready opportunity for investors to compare and contrast the fortunes of our four major banks, as well as Macquarie. Could ANZ star? Could Westpac surprise?
With lithium stocks being volatile, what do the brokers say about Pilbara Minerals? If I buy Resmed shares, do I need to lodge that horrible W-8BEN form? What are the implications about making a big one-off contribution to super using the ‘bring-forward’ rule? Can I change my mind about participating in BOQ’s dividend re-investment plan?
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