Key News Overnight:
A blistering rally in U.S. big tech stocks may be due for a breather, offering hope for market segments that have been more tepid this year. Although the S&P 500 is up 14.6% this year, most of the broader index’s gains have been concentrated in the information technology and communications sectors – up 28.2% and 24.3%, respectively. The rest of the market has been more subdued: the next best performing sector, utilities, is only up 9.5% year-to-date.
In this issue:
Pilbara Minerals (PLS) | Pathway to 2.0mpta | BUY | Analyst | Hayden Bairstow
IGO Limited (IGO) | Nickel the dominant earnings driver in FY25 | BUY | Analyst | Hayden Bairstow
Liontown Resources (LTR) | First production imminent | BUY | Analyst | Hayden Bairstow
Patriot Battery Metals (PMT AU / PMET CN) | World class development potential | BUY | Analyst | Hayden Bairstow
k2fly (K2F) | Bid from Accel-KKR | RESTRICTED | Analyst | Ian Christie
Magnetic Resources (MAU) | Debt Advisor appointed | SPEC BUY | Analyst | Patrick Streater
Catalyst Metals (CYL) | Plutonic East restart confirmed | SPEC BUY | Analyst | Hayden Bairstow
Encounter Resources (ENR) | Crean niobium results | Not Covered / No Rating
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