Alibaba
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary Alibaba’s investments in cloud & AI sets up the company for significant future gains.
We rate Alibaba a buy with a stop loss at $71.80
Global Agriculture ETF
BetaShares Global Agriculture is rated a buy with a stop loss at $6.30
Ampol
Ampol is rated a buy with the stop loss at 32.05
BHP
BHP Group is rated a buy with the stop loss at $42.66
Fortescue
Fortescue is rated a buy with a stop loss at $21.00
RIO
Rio Tinto is rated a buy with a stop loss at $118.
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US Markets
Amazon, Apple, Alphabet, Meta, Microsoft, and Nvidia are projected to grow earnings by 30% in Q2, compared to the remaining 494 stocks, which have a 5% profit growth rate.
Based on the average S&P500 earnings increasing 8 – 10% in 2024, EPS should hit $240.
Cyber Security ETF
Global X Cybersecurity is rated a buy at $10.75
Cloud Computing ETF
BetaShares Cloud Computing is rated buy with a stop loss at $11.04
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