Northern Star – Buy
Northern Star Resources is under Algo Engine buy conditions and at sub $10 the stock is now looking oversold.
Cleanaway – Buy
Cleanaway Waste Management is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.
Cleanaway has approached global giant Suez about potentially buying its Australian assets in a $2 billion-plus deal. If a transaction proceeds, the ACCC will conduct a public review to assess the impact on competition.
We see price support near $2.20
Downer EDI – Buy
DOW:ASX is now under Algo Engine buy conditions.
Carsales – Algo Buy
Carsales.Com is under Algo Engine buy conditions and is a current holding in our model portfolio.
Accumulate.
A2 Milk – Recovery Play
A2M:ASX is a high-risk recovery play into the second half of 2021. The driver will be a stabilization in the earnings picture and/or the potential for a takeover offer.
Investors may consider delaying the entry until we see a break above the 10 day average.
Carsales – Algo Buy
Carsales.Com is under Algo Engine buy conditions and is a current holding in our model portfolio.
Accumulate between $16 – $17.50
Cleanaway – Buy
Cleanaway Waste Management is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.
Cleanaway has approached global giant Suez about potentially buying its Australian assets in a $2 billion-plus deal. If a transaction proceeds, the ACCC will conduct a public review to assess the impact on competition.
We see price support near $2.20
Woodside – Buy
WPL:ASX is under Algo Engine buy conditions and is a current holding in our ASX model portfolio.
CIMIC – a high risk buy
CIM:ASX is likely to see improved earnings in FY22 and we, therefore, expect to see a recovery in the share price.
CIMIC is a high risk counter trend investment with the prospect of a multi-year recovery, once earnings hit an inflection point.
Baidu – NASDAQ Listed
BIDU:NAS is a NASDAQ listed Chinese multinational technology company specializing in internet-related services and products and artificial intelligence.
It’s one of the largest AI and internet companies in the world and has recently switched to Algo Engine buy conditions. We recommend accumulating the stock at current levels.
Level 17 Chifley Tower
2 Chifley Square
Sydney, NSW 2000
1300 614 002
Investor Signals Pty Ltd
ABN 44 143 555 453
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