Banks: Can the stellar run in the banks continue

Julia Lee

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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James Marlay

Welcome to LW Julia, thanks for sharing and we look forward to hearing more from you. James

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