Share tips and stock recommendations for the Australian (ASX) share market – buy, hold, and sell. Michael Gable is an expert guest commentator for the stock market newsletter thebull.com.au.
This post is an extract from the newsletter dated 17 February 2025. You can access the full version of the article HERE.
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Buy Recommendations
ASX:GMG
Goodman Group is an industrial REIT which has been expanding further into data centers in order to take advantage of increasing demand. The recent news that DeepSeek could reduce demand for data centers has caused a slump in the share price of Goodman Group. We believe that this is a knee-jerk reaction and buyers have now been gifted with a lower share price of Goodman Group.
ASX:SFR
After a poor end to 2024, copper futures have started to climb again. We expect copper prices to strengthen from here as global growth picks up. SFR shares have also eased back recently along with the copper price, but the share price charts are showing an upside breakout which means that we should start to see the SFR trend higher again from here.
Hold Recommendations
ASX:CDA
The share price of this communications equipment and metal detection company has been trending well for the past two years. Earnings have grown well in this time but the share price spent the last half of 2024 trading sideways to consolidate the previous uptrend. It then broke higher in the past several days and this upside break means that we should see the stock continue pushing higher once again.
ASX:WBC
Almost everyone has been bearish on the banks in the past year but our charting analysis was indicating that they could continue to head higher. Once again we are seeing technical signs that WBC can continue to trade higher from here. The share price has moved sideways since September, all the while forming higher lows, which is a bullish sign. It looks like it is ready to get into an uptrend again and break to new 52 week highs.
Sell Recommendations
ASX:SIQ
A cooling in the auto market is seeing less demand for vehicle leasing and salary packaging. Stagnating EV sales is also not helping demand for SIQ’s services. The share price trend remains entrenched in a downtrend and there are better opportunities elsewhere in a market that is knocking the door to all time highs.
ASX:PTM
Revenue continues to fall, and the recent acquisition intention from Regal Partners has now fallen through. The stock price is back into a downtrend and it now sits at about 10 per cent of its all time high. With outflows still looking to be fairly substantial, we don’t see any catalysts in sight for the share price to improve dramatically from here.
Michael Gable is managing director of Fairmont Equities.
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