Australian Stock Report - Share Tips

Shares to buy: Invocare Limited (IVC)

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Publish date: Mon, 30 Oct 2017, 04:09 PM
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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.

InvoCareLtd. provides funeral services. It owns and operates funeral homes, cemeteries, and crematoria in Australia, New Zealand and Singapore.
The company operates funeral homes under brand names White Lady Funerals and Simplicity Funerals. It serves the funeral, cemetery and memorialisationindustries. InvoCarewas founded in 2001 and is headquartered in North Sydney, Australia.

After gapping higher on the results in August, the price action has now broken above the May (and previously all-time) swing high.
The stock is now trading in clear air and we think that this momentum will continue.

Price target: $17.50

The post Shares to buy: Invocare Limited (IVC) appeared first on Australian Stock Report.

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