Banks: Can the stellar run in the banks continue

Julia Lee

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)

Julia Lee
Julia Lee
Equities Analyst
Bell Direct

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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