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.Com is under Algo Engine buy conditions and is a current holding in our model portfolio.
Accumulate between $16 – $17.50
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
WPL:ASX is under Algo Engine buy conditions and is a current holding in our ASX model portfolio.
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.
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.
The Fund focuses on Australian and United States large cap securities and ETFs, to deliver superior risk adjusted investment returns.
Our unique point of difference is our proprietary algorithm-based investment models which are designed to quantify market momentum and remove much of the emotional human bias in the investment decision-making process.
Class A Units – which provide investment exposure to ASX listed securities and exchange traded funds.
Class B Units – which provide investment exposure to United States listed securities and exchange traded funds.
Call 1300 614 002 for more information
The Fund focuses on Australian and United States large cap securities and ETFs, to deliver superior risk adjusted investment returns.
Our unique point of difference is our proprietary algorithm-based investment models which are designed to quantify market momentum and remove much of the emotional human bias in the investment decision-making process.
Class A Units – which provide investment exposure to ASX listed securities and exchange traded funds.
Class B Units – which provide investment exposure to United States listed securities and exchange traded funds.
For more information, please call 1300 614 002.
PME:ASX remains under Algo Engine buy conditions and the selling pressure in global high PE names, will create another entry opportunity for investors.
Pro Medicus are a leading provider of radiology information systems (RIS), Picture Archiving and Communication Systems (PACS) and advanced visualization solutions across the globe.
Accumulate within the $37 – $42 price range.
WPL:ASX is under Algo Engine buy conditions and is a current holding in our ASX model portfolio.
Level 17 Chifley Tower
2 Chifley Square
Sydney, NSW 2000
1300 614 002
Investor Signals Pty Ltd
ABN 44 143 555 453
Or start a free thirty day trial for our full service, which includes our ASX Research.