Join our daily newsletter At The Bell to receive exclusive market insights
Wealth Within’s Hot Stock Tip for this week is motor vehicle accessories company ARB Corporation (ASX:ARB)
Chief analyst Dale Gillham and co-host senior analyst Filip Tortevski tip that if it breaks through the $40 mark, trade could head towards an all-time high.
ARB was trading above $38.50 yesterday (July 8, 2024).
The ‘Proceed with Caution’ stock is crop protection (fungicides, herbicides, insecticides) and seed technologies company, Nufarm (ASX:NUF). Nufarm’s half yearly results posted in March were considerably lower than the previous corresponding period.
It has been trading just above $4.50.
The ‘not hot’ pick is NZ construction company, Fletcher Building (ASX:FBU) which has seen its share price already down nearly 50% over the past year. It was trading at $2.64 yesterday).
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
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 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.
