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Financial services software play Iress (ASX:IRE) is the Wealth Within HotCopper Hot Stock tip this week from chief analyst Dale Gillham and senior analyst Fil Tortevski.
“There’s 20-30% in this stock from where it is now – roughly $10,” Mr Gillham said.
“It’ll be a nice short-term run anyway. I like it at the moment. I think this one’s super.”
Iress gained about 0.7% today to just below $10.
Proceed with Caution
Rail freight operator Aurizon Holdings (ASX:AZJ) is the ‘Proceed with Caution’ stock tip this week – it traded down 0.4% today at $3.52.
Mr Gillham said he was ‘bullishly cautious’ on the stock.
Not Hot
Today’s ‘Not Hot’ stock is casino operator The Star Entertainment Group (ASX:SGR) which has had massive falls recently, including nearly 8.5% today, seeing it down to 27 cents a share.
Materials & Financials
Dale Gillham and Fil Tortevski also discuss the moves in Materials and Financials sectors over the past week, looking at what’s causing the volatility.
This show comes in the lead up to the Wealth Within live YouTube show tonight at 7pm AEST.
You can join conversations around Wealth Within’s tips on HotCopper here.
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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