Which bank do I like?
The major brokers are marginally bearish on the banking sector. What are their picks within the sector and which of the banks do I like?
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.
The major brokers are marginally bearish on the banking sector. What are their picks within the sector and which of the banks do I like?
Were there changes to superannuation in Tuesday’s Budget? Why did NAB shares fall after it announced a big increase in profit? When do the major banks pay their dividends? Do you think the Government will go ahead with the stage 3 tax cuts?
Macquarie’s profit result was another example of it “surprising on the upside”. Is it expensive? Could it get more expensive? Would I buy now or wait?
What are the prospects for Adelaide Brighton – is this a ‘falling knife’? Is JB Hi-Fi a good buy? I hold two speculative resource companies where the price is going backwards. What is your “crystal ball”? Will super taxes go up in Tuesday’s Budget?
Our growth portfolio continues to outperform the benchmark index, while our income portfolio, with its overweight position in financial stocks, matched the index in April. Both portfolios show solid returns for the year.
Will the world transition to electric vehicles, and if so, should I dump all my oil shares and invest in materials used in electric vehicles? With the bid for Newcrest, do I have to hold my shares to get the special franked dividend? What is bank reporting season? I read property trusts are trading at a big discount to their NTA – what does that mean?
While BOQ has its doubters, here’s why I think this Tier 2 bank is starting to look somewhat attractive.
What will be the impact on Woodside and Santos if the Government increases the Petroleum Resource Rent tax? Do you prefer Coles or Woolworths? With hybrid securities or capital notes, why do I only get in cash 70% (or 0.7 times) of the actual interest amount? What is the minimum number of shares I can buy on the ASX?
Wesfarmers is a top quality “blue-chip” stock but is it time to sell?
Where can I get a good rate on a term deposit? Should I take part in HMC Capital’s (formerly Home Consortium) share purchase plan? Why isn’t Newcrest Mining trading closer to the implied takeover value? Do the broker analysts prefer BHP or Rio?
You don't have credit card details available. You will be redirected to update payment method page. Click OK to continue.