Balanced Portfolio Increase Price Target: Worley Limited (WOR)
WOR has rallied to our price target of 17.50 in just 3 days. PRICE TARGET INCREASED TO $19
Balanced Portfolio
Balanced Portfolio Recommendation: Sell Take Profit – Resmed (RMD)
Sell Take Profit – Resmed (RMD). RMD is a global company digital health and cloud-connected medical devices. The Company design innovative solutions to treat and keep people out of the hospital, empowering them to live healthier, higher-quality lives. Also, its digital health technologies and cloud-connected medical devices transform care for people with sleep apnea, chronic obstructive pulmonary disease, or COPD, and other chronic diseases
Balanced Portfolio Recommendation: Buy Worley Limited (WOR)
Adding WOR to Balanced Portfolio with a 2% allocation. WOR is a global company headquartered in Australia is a global provider of professional project and asset services in the energy, chemicals and resources sectors. As a knowledge-based service provider, they use their knowledge and capabilities to support the customers to reduce their emissions and move towards a low carbon future.
Balanced Portfolio Recommendation: Buy – Arcadium Lithium Plc (LTM)
Incorporating a 3% allocation to Arcadium Lithium (LTM) within our balanced portfolio represents a prudent investment strategy, given the stock’s attractive valuation relative to its sector peers. This investment opportunity is underscored by LTM’s competitive market positioning and the current undervaluation, suggesting a favorable entry point. Additionally, the stabilization of lithium prices, alongside emerging signs of recovery in the commodity market, indicates a positive outlook for lithium demand. This is particularly relevant in light of the growing electric vehicle and renewable energy markets.
Balanced Portfolio Recommendation: Buy Add – IPD Group (IPG)
Buy Add – IPD Group Limited, based in Australia, specializes in distributing electrical equipment, offering various solutions under well-known brands like ABB, Elsteel, Emerson, and Red Lion. They provide services such as installation, calibration, maintenance, and more. Serving a diverse customer base including switchboard manufacturers, wholesalers, contractors, and utilities, the company has a long history since its founding in 1889 and was previously known as Alstom Industrial Products Limited before changing its name in 2006.
Balanced Portfolio Recommendations: SELL Take Profit Half of Position – Treasury Wine Estate (TWE)
TWE has done very well over the last month and reporting was as expected. We are trimming half the position to lock in profits and looking to get back in if the stock falls.
Balanced Portfolio Recommendation: Sell Trim – Mineral Resources (MIN)
Sell Trim – Mineral Resources (MIN). MIN is a mining services company with a portfolio of mining operations across lithium and iron ore. MRL has been providing safe, high-quality, low-cost mining, mining construction and mining infrastructure services in Australia. The business consists of three core pillars Mining Services, Commodities and Innovation and Infrastructure.
Balanced Portfolio Recommendations: SELL Take Profit Telix Pharma(TLX)
Take Profit Telix Pharma (TLX) in our balanced portfolio, we will take half our allocation for a 15.8% profit as we see the overall market underperforming in the next couple of weeks.
Balanced Portfolio Recommendation: Sell Take Profit – EBOS Group (EBO)
Sell Take Profit – EBOS Group (EBO). EBO has remained range bound even after their earnings report. Looking to take profit on position if it gets to the top of the recent range around $35
Balanced Portfolio Earnings Update: IPD Group (IPG)
While there has been volatility today with the release of IPD Group (IPG) earnings, the company has beaten on most analysts expectations. IPG should rally to new highs in the near future. Take profit on IPG above $5.50
Balanced Portfolio Recommendation: Buy Add – Stanmore Resources (SMR)
Buy Add – Stanmore Resources (SMR). Stanmore Resources (SMR) owns and operates the Isaac Plains Complex in Queensland’s prime Bowen Basin region which includes the Isaac Plains Mine and processing facilities, the adjoining Isaac Plains East (operational), Isaac Downs Project (under development) and the Isaac Plains Underground Project.
Earning Update: Mineral Resources Ltd (MIN)
Mineral Resources reports a robust earnings update with significant revenue growth, strategic leadership changes, and a shareholder-friendly interim dividend, reflecting strong operational performance and future optimism.