US Earnings – Our Focus

Tuesday, July 13th: PepsiCo, JPMorgan Chase and Goldman Sachs.

Wednesday, July 14th: Bank of America, Citigroup, and Wells Fargo

Thursday, July 15th: Morgan Stanley, Charles Schwab, U.S. Bancorp, Taiwan Semi, UnitedHealth, and Alcoa.

Friday, July 16th: Ericsson and State Street.

Lendlease – Recovery Opportunity!

Lendlease is under Algo Engine buy conditions.

Last week’s profit warning could be the first stage of the
new CEO’s company reset. A review, covering the restructuring of operations and impact of market uncertainties will likely lead to further divestment of less-core businesses and re-prioritization of the existing 23 urbanization projects.

FY22 NPAT is forecast to increase, although still remind 20% below pre-pandemic levels. LLC will provide the FY21 results on 16 August.

Our preference is to own LLC via long call options. For further details please call 1300 614 002.