Macquarie Group is now under Algo Engine buy conditions following the recent price retracement from $162 down to $148.
Macquarie Group recently announced a net profit after tax attributable to ordinary shareholders of $3.01bn for the year ended 31 March 2021 (FY21), up 10 percent on the year ended 31 March 2020 (FY20).
Northern Star Resources is under Algo Engine buy conditions and remains the only gold stock in our Algo Engine model portfolio.
If inflation is a temporary phenomenon caused by pent-up demand and supply chain issues, it is possible that the 10-year yield will run into resistance near the 1.75% level.
Amcor has guided towards 10 – 14% EPS growth which is attractive for a relatively defensive business.
We expect buying interest to build above the recent $15.00 support level.
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Amcor has guided towards 10 – 14% EPS growth which is attractive for a relatively defensive business.
We expect buying interest to build above the recent $15.00 support level.
OZ Minerals is under Algo Engine buy conditions and is a current holding in ASX 100 model portfolio.
IPL:ASX is now under Algo Engine buy conditions and has been added to the ASX 100 model portfolio.
We expect to see a pick up in the second half earnings for IPL, which will help support the share price.
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