Is ERA's 50% Surge Due to Investor Confidence and Sector Recovery?
As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 8,343.70 on Friday, up 1.37% in the past 5 days.1. $ENERGY RESOURCES OF AUST(ERA.AU)$ +50%The Australian stock market, particularly the mining and energy sectors, gained momentum, bolstered by stronger commodity prices and investor optimism. $Rio Tinto Ltd(RIO.AU)$ increased its stake in ERA by fully participating in ERA's capital raising, facilitating a compulsory acquisition of the remaining shares. This move indicates strong investor confidence and suggests potential strategic shifts within the company .2. $LIONTOWN RESOURCES LTD(LTR.AU)$ +28.35A
Weekly | XYZ Jumps 15.5% as Bridgewater Backs Rebound!
As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 8231.20 on Friday, up 0.48% in the past 5 days.1. $Block Inc(XYZ.AU)$ +15.5%Despite the disappointing Q1 2025 earnings, Block shows a 43.43% upside potential as of May 2, 2025. This suggests market confidence in a potential rebound and long-term growth.With a substantial stake of $104.5 million from Bridgewater, XYZ is backed by one of the most successful hedge funds in the world, indicating a strong belief in its future potential despite the short-term challenges.2. $QANTAS AIRWAYS LIMITED(QAN.AU)$ +8.83%Shares of Qantas Airways rose to a one-month high, tracking a drop in oil prices after OPEC
Weekly | Earnings Beat and Tariff Exemption Driving RMD Up 7.35%?
As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 7968.20 on Friday, up 2.66% in the past 5 days.1. $Resmed DRC(RMD.AU)$ +7.35%Tariff Exemption: ResMed’s exports from Australia and Singapore are exempt from U.S. trade tariffs, protecting margins and ensuring global competitiveness.Solid Revenue Growth: Q3 sales rose 8% to $1.3B, meeting expectations and showing consistent performance.Massive Market Opportunity: With new insomnia treatments launching, ResMed targets a 2 billion-person addressable market, supporting long-term growth.2. $Macquarie(MQG.AU)$ +7.17%The $1B from divesting its public asset management unit boosts financial flexibility f
Weekly | Are LYC and ILU the Biggest Beneficiary as Rare Earth Demand Rises?
As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 7819.10 on Friday, up 1.42% in the past 5 days.1. $CLARITY PHARMACEUTICALS LTD(CU6.AU)$ +17.65%Clarity’s stock is experiencing upward momentum due to several strategic developments:The company has secured a commercial-scale supply agreement with Nusano for copper-64 isotopes, which strengthens its supply chain for late-stage clinical trials and commercialization, especially in prostate cancer diagnostics.The acquisition of a significant holding by State Street Corporation suggests a shift in ownership dynamics, potentially influencing strategic decisions and boosting investor confidence.Clarity’s initiation of the Phase II Cohort Expansion
Weekly | Will Gold’s Surge Boost Aussie Gold Stocks Like DEG and NST?
As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 7646.50 on Friday, down 0.28% in the past 5 days.1. $Zip Co Ltd(ZIP.AU)$ +15.56%Zip's shares rose following the announcement of a A$50 million buyback plan, reflecting its strategy to capitalize on favorable market conditions, after reporting strong financial growth in its digital retail finance and payments operations.State Street Corporation have gained significant voting power in Zip, potentially influencing its strategy and governance.Zip issued 144,501 unquoted performance rights under its employee incentive scheme to align staff interests with company goals and boost efficiency.2. $DE GREY MIN
Weekly | Is WOW' Strong Growth and Low Valuation a Sign of Future Upside?
As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 7667.8 on Friday, down 3.94% in the past 5 days.1. $COLES GROUP LTD(COL.AU)$ +7.26%Coles Group received orders of more than A$525m, including A$65m JLM demand, for its A$300m 7.5Y fixed-rate senior unsecured note, according to RBC Capital Markets. Optimism in the options market suggests investors are bullish on the upside.2. $WOOLWORTHS GROUP LTD(WOW.AU)$ +4.53%Woolworths managed to grow sales in every single division in the first half of FY25. It should be able to report stronger growth in the HY26 result and FY26 result.There are a number of growth areas within the business, helping offset som
Weekly | Why are BOE, DYL & CDA ending the week on a high?
As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 7931.20 on Friday, up 1.78% in the past 5 days.1. $BOSS ENERGY LTD(BOE.AU)$ +24.68% $PALADIN ENERGY LTD(PDN.AU)$ 's Langer Heinrich Mine in Namibia is temporarily suspended due to unseasonal rains, potentially boosting uranium prices. This would materially benefit Boss EnergyBoss Energy's 25% share price increase since last Friday may be fueled by Bell Potter's buy rating and $4.80 target, potentially offering a 65.5% upside.Boss Energy remains the ASX's most short-sold share, with recent gains possibly indicating a short squeeze.2. $CODAN LTD(CDA.AU)$
Weekly | Can WGX Reach Price Targets After Surges 13.65%?
As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 7789.7 on Friday, down 1.99% in the past 5 days.1. $WESTGOLD RESOURCES LTD(WGX.AU)$ +13.65%The market is currently in extreme panic, with Trump’s tariffs and safe-haven demand pushing gold above $3000 this week. However, after reaching a new high, gold may face correction pressure, and gold mining companies could follow the spot gold price in a downturn.Its surge this week covers all the losses at the begining of the year when the company reported its first half-year gold production well below half of the miner's full-year guidance range. Despite this rocky start to the year, brokers seem to think there is upside. Bell Potter currentl
Weekly | Is WAF a Top Investment with 27.38% Surge?
As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 7948.2 on Friday, down 2.74% in the past 5 days.1. $WEST AFRICAN RESOURCES LTD(WAF.AU)$ +27.38%The company has shown exceptional earnings growth, with a 44% increase in the last year, which is significantly better than many other companies in the market.Analysts are forecasting a 41% annual earnings growth over the next three years, far outperforming the market's expected 15% growth. This optimistic future outlook has contributed to the stock price rally.Despite the stock price increase, WAF still has a relatively low P/E ratio of 10.7x, making it an attractive investment compared to other Australian companies with higher P/E ratios.The st