Australian Stock Report - Share Tips

Share to buy - Challenger Financial (CGF)

share-tips
Publish date: Mon, 31 Aug 2015, 09:42 AM
share-tips
0 1,810
Our stock analysis blog provides information on stocks to watch and helps you figure out which are the best stock to buy. We use fundamental and technical analysis to identify the stocks tips that will supercharge your portfolio. We don't believe in choosing stock tips on rumours or hearsay. Our share tips use fundamental analysis, like price-to-equity ratios, cash flow analysis and net tangible assets, to identify the best share trading opportunities. We then use technical analysis, which is the study of price charts, to determine the best level to buy shares. We believe using the two school of investment analysis allows us the increase the chances of our share tips being successful.

CGF Chart

Challenger's recent results were strong, coming in ahead of expectations.
We believe the stock to be good value, given a strong organic growth profile in an otherwise fully valued sector.
Furthermore, the outlook for the Life Division is attractive, while the funds management operations continue to expand.
It appears that a solid base has been set for earnings growth in FY16.
On the technical front, Challenger looks poised to break higher out of the recent range, bound by resistance around $7.40.
The EMAs are in a bullish configuration, momentum is building, volumes have picked up and the RSI is not yet in overbought territory.

7 day trial

The post Share to buy – Challenger Financial (CGF) appeared first on The Best Shares to Buy.

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment