Banks: Can the stellar run in the banks continue

Bell Direct
Banks: Can the stellar run in the banks continue? CBA has hit an all time record high today at $76. The key to continued rise in share prices is earnings grwoth and interest rates remaining low. On the earnings front, next week will hold clues with ANZ & NAB out with FY numbers. In terms of stock picks, generally more positive on CBA & WBC due to domestic focus, run in housing market and improvement in business confidence domestically. Valuation and yield wise- NAB would be the pick of the bunch. To find our more: (VIEW LINK)
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An experienced presenter and Australian equities strategist with over 13 years experience. Passionate about stock selection strategies and combining fundamental and technical analysis for trading and investment decisions.
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An experienced presenter and Australian equities strategist with over 13 years experience. Passionate about stock selection strategies and combining fundamental and technical analysis for trading and investment decisions.
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