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The Bottom Line

  • MM is unlikely to switch from CBA to WBC or ANZ although we do like both banks into their November dividends.
  • Westpac (WBC) would be our preferred pick as it looks set to rally 10-15% plus pay a ~61c fully franked dividend into Christmas.
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Relevant suggested news and content from the site

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Overview
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A discussion with Geoff Wilson – Wilson Asset Management & James Gerrish – Market Matters
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Thursday 24th April – ASX +49pts, LTR, RMD, NEM
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Major Movers Today
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Ausbiz: Research Lead Shawn Hickman discussing Copper
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Thursday 24th April – Dow +419pts, SPI up +13pts
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Stocks This Week – Source Bloomberg
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Wednesday 23rd April – ASX +130pts, PDN, IFL, WDS
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Sectors This Week – Source Bloomberg
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Wednesday 23rd April – Dow +1016pts, SPI up +100pts
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