Skip to main content

Morning Bell 18 November

Jessica Amir
November 18, 2020

The ASX200 is eyeing a gain of 0.1% at the open.

Tesla will be welcomed to the S&P500 in December, its shares gained 8% on this news.

What to watch today:

  • Following the rally on Wall Street, you might expect buying today in tech, travel, tourism, gambling and bank stocks.
  • Aristocrat (ASX:ALL), ALS (ASX:ALQ) and United Malt Group (ASX:UMG) report results today.
  • Seven Group Holdings (ASX:SVW) and Cromwell Property Group (ASX:CMW) hold their AGMs today.
  • New home sales data and wage price growth is out today for October.

Local trading ideas:

  • Afterpay (ASX:APT) had its Buy rating upgraded by Bell Potter with a new $140 price target, implying 38% upside in a year from yesterday’s close of $95.93. Afterpay held its AGM yesterday noting November is on track for a record month, without giving any details of what that looked like.
  • Adacel Technologies (ASX:ADA), which controls 21% of the world’s airspace traffic management through their technology, had its Buy rating and price target upgraded by Bell Potter to $1.05, implying 50% upside in a year from yesterday’s close of $0.78.
  • Suncorp (ASX:SUN), Element 25 (ASX:E25) and Jumbo Interactive (ASX:JIN) are all showing bullish charting signals according to Trading Central.

Closing Bell 6 September

Paulina Peters
September 6, 2022

Morning Bell 6 September

Paulina Peters
September 6, 2022

Closing Bell 5 September

Grady Wulff
September 5, 2022

Morning Bell 5 September

Grady Wulff
September 5, 2022

Weekly Wrap 2 September

Grady Wulff
September 2, 2022

Morning Bell 2 September

Sophia Mavridis
September 2, 2022

Closing Bell 1 September

Grady Wulff
September 1, 2022

Morning Bell 1 September

Paulina Peters
September 1, 2022