Downer EDI – Buy
DOW:ASX is now under Algo Engine buy conditions. The company has guided towards double-digit earnings growth into FY22 & FY23.
Downer EDI has found support and buying interest has increased above the $5.50 price level.
Bluescope Steel – Algo Buy
Soul Pattinson – Buy Signal
Aristocrat Leisure +53%
Aristocrat Leisure is among the best-performing stocks in our ASX model portfolio. After being added in November last year, the stock is up 53.7%.
The recent pullback from $50 to $42 has generated another Algo Engine buy signal. We see buying support building above the recent $42 pivot low.
Collins Foods – Buy Signal
Collins Foods is under Algo Engine buy conditions.
Buying support is likely to increase near the $12.25 price level.
3/12/21 update: CKF rallied 10% from the above entry to create a high at $14.25 on the last trading day of November. We’ve now seen a minor retracement and another entry opportunity is approaching.
Brambles – Algo Buy
Brambles is under Algo Engine buy conditions and has now been added into our ASX model portfolio.
Ramsay Healthcare – Buy
Ramsay Health Care is under Algo Engine buy conditions and is a current holding in our model portfolio.
Origin Energy – Buy Signal
ORG:SX is under Algo Engine buy conditions and has now been added to our model portfolio.
The strong cash flows from APLNG will offset the lower expected earnings in energy markets.
Ramsay Healthcare – Buy
Ramsay Health Care is under Algo Engine buy conditions and is a current holding in our model portfolio.
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