From the newswires...
With the level of political uncertainty in Washington on the rise, markets are set to enter risk-off mode, Credit Suisse says. It suggests this will offer investors another opportunity to sell rather than re-enter the same long positions. The investment bank notes the Aussie market "darlings" are trading on an average 31 times forward EPS and at a 100% premium to the ASX 200, making them expensive stocks in an expensive market. So CS suggests looking beyond Australia's most loved companies and consider those offering growth at a reasonable price, such as Mayne Pharma (MYX.AU), Star Entertainment (SGR.AU), Adelaide Brighton (ABC.AU), Carsales.com (CAR.AU) and Resmed (RMD.AU).
Fundamentals Are Strong, page-18
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Last
$4.50 |
Change
-0.030(0.66%) |
Mkt cap ! $385.3M | |||
| Open | High | Low | Value | Volume |
| $4.48 | $4.52 | $4.46 | $207.9K | 46.29K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 2602 | $4.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.50 | 300 | 7 |
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| Last trade - 12.56pm 11/10/2024 (20 minute delay) ? |
| MYX (ASX) Chart |