Income Portfolio buys
Fresh from last week's purchase of Woolworths, our Equity Income Portfolio has been at it again.
Recommendation
Commonwealth Bank of Australia -
CBA
Buy
below 70.00
Hold
up to 100.00
Sell
above 100.00
HOLD at $70.11
Current price
$120.34 at 16:15 (29 March 2024)
Price at review
$70.11 at (08 April 2016)
Max Portfolio Weighting
10%
Business Risk
Medium-Low
Share Price Risk
Medium
All Prices are in AUD ($)
Westpac Banking Corporation -
WBC
Buy
below 27.00
Hold
up to 40.00
Sell
above 40.00
HOLD at $28.44
Current price
$26.10 at 16:05 (29 March 2024)
Price at review
$28.44 at (08 April 2016)
Max Portfolio Weighting
10%
Business Risk
Medium-Low
Share Price Risk
Medium
All Prices are in AUD ($)
The Intelligent Investor Equity Income Portfolio has added 1% to its holdings in Commonwealth Bank and Westpac, at $71.18 and $28.95 respectively, taking them each from 1.6% of the portfolio to 2.6%.
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IMPORTANT: Intelligent Investor is published by InvestSMART Financial Services Pty Limited AFSL 226435 (Licensee). Information is general financial product advice. You should consider your own personal objectives, financial situation and needs before making any investment decision and review the Product Disclosure Statement. InvestSMART Funds Management Limited (RE) is the responsible entity of various managed investment schemes and is a related party of the Licensee. The RE may own, buy or sell the shares suggested in this article simultaneous with, or following the release of this article. Any such transaction could affect the price of the share. All indications of performance returns are historical and cannot be relied upon as an indicator for future performance.
Recommendation
Commonwealth Bank of Australia -
CBA
Buy
below 70.00
Hold
up to 100.00
Sell
above 100.00
HOLD at $70.11
Current price
$120.34 at 16:15 (29 March 2024)
Price at review
$70.11 at (08 April 2016)
Max Portfolio Weighting
10%
Business Risk
Medium-Low
Share Price Risk
Medium
All Prices are in AUD ($)
Westpac Banking Corporation -
WBC
Buy
below 27.00
Hold
up to 40.00
Sell
above 40.00
HOLD at $28.44
Current price
$26.10 at 16:05 (29 March 2024)
Price at review
$28.44 at (08 April 2016)
Max Portfolio Weighting
10%
Business Risk
Medium-Low
Share Price Risk
Medium
All Prices are in AUD ($)
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