Banking on Bendigo and Adelaide momentum

Weath Within’s Filip Tortevski and Dale Gillham back Bendigo and Adelaide Bank (ASX:BEN) as a ‘Hot Stock’ pick this week.

“Since making the all time high back in July 07, it’s not one of those stocks like CBA or banks that have broken through to new all time highs, it’s been languishing sideway and giving us this really choppy price action,” Mr Tortevski said.

“Are we potentially seeing the start of the new momentum?”

Wealth Within’s ‘Proceed with Caution’ pick this week is Waypoint REIT (ASX:WPR), and the ‘Not Hot’ pick is Coronado Global Resources (ASX:CRN).

Dale Gillham is Chief Analyst at Wealth Within and international bestselling author of How to Beat the Managed Funds by 20%. He is also the author of Accelerate Your Wealth—It’s Your Money, Your Choice, which is available in bookstores and online at www.wealthwithin.com.au

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