Cleanaway – Buy
{ASX:CWY) is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.
We see price support between $2.00 and $2.20. Watch the short-term indicators for a turn higher, within this support range.
Coles – Buy
Coles Group is under Algo Engine buy conditions.
Monitor Coles for a swing higher in the short-term momentum indicators within the price zone displayed below.
Fisher & Paykel – Buy
Fisher & Paykel Healthcare Corporation is under Algo Engine buy conditions and is now within our highlighted range.
Watch the short-term momentum indicators for a turn higher.
Northern Star – Buy
Northern Star Resources is under Algo Engine buy conditions.
SPDR Property Fund – Buy
SLF:AXW is under Algo Engine buy conditions and is a current holding in our ASX ETF model portfolio.
SLF, LLC and GMG are our preferred property exposures.
WPL – Algo Buy
Woodside Petroleum is under Algo Engine buy conditions and is a current holding in our ASX 100 model.
CSL – Algo Buy
CSL:ASX 1H21 NPAT of US$1.8bn. FY21 guidance retained at US$2.2bn, which implies a weaker 2H21.
We expect to see earnings upgraded prior to the completion of the 2H.
CSL trades on a forward yield of 1%.
Amcor – Algo Buy
Goodman Group – Algo Buy
Goodman is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.
Relative to its A-REIT peers, GMG is trading on an elevated earnings multiple, however, this is not the case when compared to its global peers.
We expect 10% EPS growth into FY22 and the 2% plus dividend yield remains well supported.
Fisher & Paykel – Buy
Fisher & Paykel Healthcare Corporation is under Algo Engine buy conditions and is now within our highlighted range.
Watch the short-term momentum indicators for a turn higher.
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