Consumer Discretionary

The need to grow via acquisition increases the risks associated with Retail Foods in the view of JP Morgan, the broker downgrading to an Underweight rating.

The Chartist reports price action in Wesfarmers has set the stock up for a sharp move but direction will be determined by what happens next.

Weekly update on recommendation, target price, and earnings forecast changes.

Treasury Wine Estate’s guidance update blends near term weakness with strong future growth, but brokers are not keen.

Survey shows fund managers a little more upbeat, while a new issue arises for Banks and Healthcare to remain stronger for a little longer.

Dun and Bradstreet’s latest Consumer Credit Expectations Survey suggests Australian consumers will be cautious leading into Christmas.

Breville offers an arguably unique investment thesis, removed from domestic consumer weakness, and despite a doubling of its share price, brokers believe.

Wesfarmers’ success is dominated by Coles, but investors are ignoring coal’s contribution and price slide in valuing the group.

A survey by Dunn & Bradstreet suggests retail sales will increase into Christmas but not without further discounting to clear inventory.

Woolies’ sale of Dick Smith is a relief for Woolies but how does it leave competitors like JB Hi-Fi and Harvey Norman?