Analyst upgrades outweighed downgrades 10 - 8 with 62% of the market sitting in either a neutral or sell bias. FNArena picks up again a recovering resources theme.. Perhaps the most important observation from changes in views and predictions by securities analysts in Australia is that smaller resources companies are back in focus, albeit not in a universal fashion with gold miners, mining services providers and others continuing to dominate both the positive and the negative side of stockbroker ratings and projections. Today I will be sharing observations from the Resources Rising Stars conference on the GC where junior resources meets self managed super. For FNArena's further analysis on upgrades downgrades check out (VIEW LINK)
I have 13 years experience in equity markets and financial media. In 2013 I Co Founded, Livewire Markets with Tom McKay. Our vision is to be the #1 source of investment ideas in Australia. Opinions expressed are my own.