Wealth Within brands Rio 'not hot'


Wealth Within’s Dale Gillham and Filip Tortevski discuss the best performers over the past week and name Rio Tinto (ASX:RIO) their ‘Not Hot’ stock.

Dale Gillham and Filip Tortevski question how the stock will trade into the near future.

On the other hand, their ‘Hot Stock’ tip is plumbing and heating solutions company, Reliance Worldwide Corporation (ASX:RWC).

It’s a $3.8 billion market cap company. Reliance traded up half a per cent today to around $4.95.

Their ‘Proceed with Caution’ stock is $1.4 billion market cap accommodation software provider SiteMinder (ASX:SDR) which has been trading at $5.25.

Dale Gillham is Chief Analyst at Wealth Within and international bestselling author of How to Beat the Managed Funds by 20%. He is also the author of Accelerate Your Wealth—It’s Your Money, Your Choice, which is available in bookstores and online at www.wealthwithin.com.au

Disclaimers:While Wealth Within holds an Australian Financial Services License (AFSL:226347) the information featured in this program is general in nature and therefore should not be relied upon. Before making any investment decisions, you should consult a licensed professional who can advise whether your investment decisions are appropriate for you.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.


arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.