Daily FNArena News

Peter Switzer of the Switzer Super Report looks below the top 20 ASX stocks and into the next 30 to find those for which average price targets suggest double-digit gains.

Record gold production was a highlight for Saracen Mineral Holdings in the December quarter, although several brokers consider the stock overpriced.

Ahead of the Herd’s Rick Mills shares the experience of his native British Columbia in outlining the unspoken dangers of liquefied natural gas production.

Market volatility and increased competitor activity have once again driven Sims Metal to downgrade expectations. Most brokers, while disappointed, still favour the longer-term outlook.

Michael Gable of Fairmont Equities suggests that having retraced 50% of its prior loss, the S&P500 should now enter a period of consolidation.

Broker views centre on how Rio Tinto will carve up the cash pie stemming from asset divestments, as revenue continues to benefit from strong commodity prices.

Gold has found a solid footing, as several features in the global environment combine, and this underpins a strong revenue outlook for gold stocks.

Craig Parker of Moat Capital suggests enjoy it while it lasts, the trend remains weak for the ASX200.

Marin Katusa, of Katusa Research, is preparing for a wipeout among the world’s copper producers.

Compliance with the OPEC-led agreement is expected to underpin oil prices in the first half of 2019, while the remainder of the year may be subject to more volatility.