Macquarie

Analysts say Macquarie Group, which posted a $2.3 billion half-year profit and an 11 per cent increase in net operating income, can continue to grow its performance fees revenue and profits even if share and bond markets fall.

Elon Musk once famously claimed, “lithium batteries are the new oil”. Yet lithium-ion batteries merely trade the oil problem for a lithium problem.

Following two years of heightened volatility, brokers are already out making grand declarations and stock predictions of what will transpire in the new financial year. Macquarie, one of the first to put together its dream portfolio built to survive a recession, believes the bear market we are currently experiencing is split into two parts.

A look at some of the broker calls following the end of “confession season” where listed companies seek to get guidance and upgrades out ahead of their full-year reports.

Both the Australian and US markets have seen a modest rebound towards the end of the week, however, it’s a little too early to say whether the sell-off is over. This week brokers have issued a series of upgrades and Buy recommendations.

In April 2021, 5.2 million Australians shopped online, according to Australia Post’s 2020 eCommerce Industry Report. It’s no secret that Covid-19 changed not just Australian retail, but retail operations around the world. The move to e-commerce was brought forward by two to three years and took place at a rapid pace, out of need rather…

Ramsay Health Care (ASX: RHC) puts excess capital to work The global private hospital owner last week announced that it has reached an agreement with the Spire Healthcare Group plc (LSE: SPI) to buy the company. RHC has offered an all-cash offer of 240 pence per share to acquire 100% of Spire Healthcare Group plc…

Shares in Orocobre (ORE) and Galaxy Resources (ASX: GXY) were up 6.0% and 6.1% respectively following a friendly $4 billion merger deal at a time when lithium has become among the most-hyped sectors in the market. The deal will create “a new force in the global lithium sector,” according to the announcements made to the…

Wesfarmers (ASX: WES) – Dubbed one of the big sectoral “COVID winners,” consumer staples stocks had an easy path through the pandemic and its forced lockdowns. While businesses across the country were forced to shut up shop, grocery chains, supermarkets and a few essential retailers were given the all-clear to remain open, but with conditions….

Buy:  Macquarie Telecom (ASX:MAQ) $49.41 Macquarie Telecom owns and operates a 43MW data centre (DC) complex located 15 minutes north of Sydney’s CBD, as well as offering customers cloud and telecommunication services. We think the risk-reward equation for investors at the current share price is attractive, with the expansion of the DC complex set to…