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Property platform ranks top stock pick

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12 March 2024 11:26 (AEST)

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Digital property exchange platform Pexa Group (ASX:PXA) is the ‘Hot Stock’ pick from Dale Gillham and Filip Tortevski in Wealth Within’s Hot Stock Tips show for HotCopper this week.

Mr Gillham and Mr Tortevski discuss a change of momentum with Pexa, with the stock trading at all time low levels.

Pexa has been trading around $12.50.

The ‘Proceed with Caution’ pick this week is wealth adviser Perpetual Ltd (ASX:PPT) which has seen growth over two months.

But Mr Gillham and Mr Tortevski warn it could be ‘a suckers rally’ short of price confirmation.

Perpetual has been trading around $24.75.

The ‘Not Hot’ pick this week is Sayona Mining (ASX:SYA).

They also mention the strongest performers last week including Genesis Minerals (ASX:GMD), Perseus Mining (ASX:PRU) and Magellan Financial Group (ASX:MFG).

The data used for this show was from Thursday, March 7.

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

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 article 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.

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