Michael Gable of Fairmont Equities suggests the trend for Carsales.com currently remains to the upside.
As global recession looms, analysts warn of a fiscal panic that will grip the world as monetary policy easing reaches its limits. Australia is not immune this time.
Bapcor is cementing its position in car parts and brokers are upbeat about the stock, despite the likelihood growth rates will now be less stellar.
FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Subdued volume growth in Australian supermarkets persists for Coca-Cola Amatil. Brokers are of the view that valuation is stretched.
Craig Parker of Moat Capital suggests the RBA has saved the ASX200 from a pullback for now.
Brokers assess the merits of a new entity, Endeavour Group, that will be formed from Woolworths’ hotels and liquor businesses.
Is the party over for Australia’s insurance sector? Catastrophe budgets need to rise, amid elevated compliance costs, and the question is whether price increases can continue to mitigate the downside.
The Chartist reports Amcor maybe set to break up through resistance.
Headwinds galore are buffeting SpeedCast International, as the company endures a substantial downgrade to earnings guidance. Brokers have taken shelter on the sidelines.
Yesterday’s RBA rate cut has prompted more brokers to reassess their recommendations on listed independent funds management platforms.