stocks

Miners start week strongly, ASX up

SYDNEY, AAP – Shares were at their highest level of the day on the Australian market as miners and energy providers started the week strongly. The market was up 0.3 per cent on Monday as the two commodity categories each gained about 1.5 per cent by 1200 AEST. Fortescue and Rio Tinto gained more than…

How to spot the best stocks in 2021

Keeping an open mind about stock selection will be crucial next year. If investors find a good idea, they must try to ensure perceptions about the short-term macro outlook don’t inhibit their decisions. What 2020 has taught us is the importance of understanding the: motivations of politicians under pressure psychology of consumers in unique circumstances…

Stocks to watch: Bull & Bear – ENV & PBG

  #FOTO:1183:300# Top Gainer: Envestra (ENV)  Closing price  $0.675  Change  +0.04  % change  +6.3%   Gas stocks are on the move. After ESG rocketed 41.2% yesterday and another 4.2% today on Santos’ takeover bid, Investra (ENV) joined in on the action today as it jumped 6.3% to be the day’s biggest gainer. Now up 32%…

Stocks to watch: Top Gainer – KCN

  Top Gainer: Kingsgate (KCN)  Closing price  $8.40  Change  +0.57  % change  +7.3%   Broker calls Eagle Research (ERA) – Buy, price target $14.00 Well off its all-time high of $12.15 reached in October last year, gold and silver miner Kingsgate Consolidated (KCN) jumped 7.3% on Thursday as gold prices soared above $1,800 – yet…

Stocks to watch: Bull & Bear – WEC & CSR

  #FOTO:1192:300# Top Gainer: White Energy (WEC)  Closing price  $2.06  Change  +0.215  % change  +11.7%   After hitting an all-time high of $4.16 nine months ago on 11th October 2010, WEC has been in freefall, and now sits at less than half that amount. Despite today’s 11.7% surge taking its two-day gains to 15.1%, it…

Broker Buy – Gindalbie Metals

BUY RECOMMENDATION Broker: Austock Securities Analyst: Craig Stranger Company: Gindalbie Metals Ltd Stock code: GBG  Closing price  $0.815  Target Price  $1.12  % difference  +41.1% Gindalbie, an Australian iron ore exploration company that is developing projects in Western Australia, has been in the news for all the wrong reasons over the past few months. As the…

Stocks to watch: Bull & Bear – ESG & ALZ

  #FOTO:1181:300# Top Gainer: Eastern Star Gas (ESG)  Closing price  $0.84  Change  +0.245  % change  +41.2%   In a day of takeovers, Eastern Star Gas (ESG) pipped Sundance Resources to be the day’s biggest gainer on Monday. Although Sundance’s takeover bid from a Chinese company sent the share price rocketing 22.5%, this was half of…

4 Sold-Off Small Caps Going Cheap

Before all this selling began there were plenty of Aussie companies that brokers liked at current prices. So now that most Aussie stocks are trading below these levels – surely there are opportunities for profit when the turnaround comes? The index that tracks the performance of small companies, the ASX Small Ordinaries index has dropped…

Stocks to Watch: Bull & Bear – MBN & IAU

#FOTO:1122:300# Top Gainer: Mirabela (MBN)  Closing price  $1.75  Change  +0.135  % change  +8.4%   Bouncing off an annual low of $1.615 yesterday, Mirabela investors finally had something to cheer about, with the stock rising 13.5 cents, or 8.4% to be the day’s biggest gainer. Down 20% for the year, it has been a tumultuous ride…

Stocks to watch: Bull & Bear – CPA & AQA

  #FOTO:1210:300# Top Gainer: Commonwealth Property Office Fund (CPA)  Closing price  $0.95  Change  +0.035  % change  +3.8% In an otherwise bad day for the Aussie market, Commonwealth Property Office Fund was one of the few stocks that managed to post some gains, rising 3.8% to be the day’s top gainer on Thursday. The property fund…