Wesfarmers Limited (WES) Archives - Page 5 of 12

There have been some positive changes at this conglomerate, but is that enough to sustain current share price growth?

Brokers were decidedly more negative this past week, but BHP and Rio managed to get upgrades.

It could be time to take some profits and sit it out for a few months before buying back good stocks.

Demergers work best when assets involved are clearly unrelated, giving the offspring a good chance of being stronger on its own.

The trend is on the upside with brokers upgrading South32 and Wesfarmers.

The major callouts are for a moderately overweight position in financial stocks and to be at least index-weight in the resource sectors.

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