Why can’t the market sell CBA?
Today I want to address two of the most widely asked questions by investors: Why can’t the market sell CBA? And Why is this bank so expensive? And I tell you how I think you should play CBA!
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.
Today I want to address two of the most widely asked questions by investors: Why can’t the market sell CBA? And Why is this bank so expensive? And I tell you how I think you should play CBA!
Does CBA have the highest capital ratio of the major banks? How is it fair that judges and politicians are being exempted from the new super tax? Life360 has been on a tear – do the brokers see any further upside? Does Macquarie offer a dividend re-investment plan, and if so, is there any discount?
Last week, three of the major banks reported full year profit results (CBA will provide a third quarter trading update on Wednesday). Here’s a review of what we learnt and my position in relation to the question about how to play the banks going forward.
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In a very volatile April, our model portfolios finished higher. Our income portfolio continues to outperform.
Is a covered call strategy a safe way to generate high income? Do the brokers think that Mineral Resources is a screaming buy? Is this stock which yields 14% the best kept secret on the ASX? Does the ASX officially close each day at 4.00pm or a few minutes later?
While Bendigo has struggled in recent times, last week it announced its results for the first half and the stock rallied 13% on the announcement. Has it turned the corner? Let’s take a closer look…
How can I protect my international shares against a rising Aussie dollar? Is Super Retail Group, which is paying a very attractive dividend, a “buy”? What do the brokers think of Technology One? Does the BOQ dividend reinvestment plan (DRP) issue shares at a discount?
Why is the rout in US Treasury Bonds impacting world markets? Why does RIO publish a quarterly production report? Do the brokers see more upside with MediBank Private? With oil stocks being slammed, is Woodside or Santos better value?
Let’s check out Spark New Zealand (SPK) and APA Group to determine if these two stocks are in the buy zone or should be dropped.
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