Latest stock market podcasts

Today the Aussie share market is eyeing a 0.3% fall at the open. The ASX200 closed at a 12 week high yesterday, only 18% off its all time February high.

What to watch today:

• Machine learning & voice recognition company, Appen (ASX:APX) holds its AGM today
• Fruit & vegetable company, Costa Group (ASX:CGC) holds its AGM too
• Private capital borrowing numbers for April
• U.S President Trump’s speech later tonight on the U.S-China tensions

Bell Potter trading ideas:

• Bell Potter upgraded Emeco’s (ASX:EHL) price target to $1.52, implying a 40% share price growth after it handed down strong full year earnings estimates despite COVID-19, beating many expectations.
• Graincorp (ASX:GNC) was reiterated as a buy by Bell Potter, increasing its price target to $4.85, implying a 14% growth from yesterday’s close after Graincorp’s earnings estimates for FY21 remain on the upside.
• WiseTech (ASX:WTC) was reiterated as a sell, with Bell Potter expecting its shares will fall to $17.50.

In today’s morning bell, Jessica covers:

• Global markets – (0:00)
• Local markets – (0:52)
• What to watch today:
• Appen (ASX:APX) – (1:13)
• Costa Group (ASX:CGC) – (1:38)
• Private borrowing data for April – (2:00)
• Bell Potter trading idea: Emeco (ASX:EHL) – (2:22), Graincorp (ASX:GNC) – (2:48) & WiseTech (ASX:WTC) – (3:03)