Join our daily newsletter At The Bell to receive exclusive market insights
Wealth Within senior analyst Fil Tortevski and analyst Pedro Banales have come together again to pick the HotCopper Hot Stock pick of Week 17, and it’s a heavy hitter on the ASX in their sights: Commonwealth Bank (ASX:CBA).
Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.
“One of the best performers on our market, no surprise,” Mr Tortevski said while speaking on the Big Four leader. “Looking at this… we’re looking at them post-Trump mania. Right now it’s a bit calmed and look at how CBA has reversed.”
“Was this one to sell in May?” he continued. “Nothing’s pointing to that direction – and it may change your view to see it’s on a longer-term [upward] gradient again.”
Also discussed – Westpac (ASX:WBC), which is one to remain cautious on in Week 17. Fellow big four bank NAB (ASX:NAB) sits in the same basket, they said.
And, the Wealth Within duo tipped ANZ Group (ASX:ANZ) as one to watch for now.
This show comes in the lead-up to Wealth Within’s live YouTube show tonight at 7pm AEDT.
More market news
Listen: HotCopper Podcast 010 – The Latin America expansion boom
Meet GeoGeorge: The HotCopper poster so accurate he got hired as an analyst
Join the discussion: See what’s trending right now on Australia’s largest stock forum and be part of the conversations that move the markets.
Disclaimer: While Wealth Within holds an Australian Financial Services License (AFSL:226347) the information featured in this program is general in nature and therefore should not be relied upon. Before making any investment decisions, you should consult a licensed professional who can advise whether your investment decisions are appropriate for you.
The material provided in this podcast is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.
