Stock Market News & Analysis

Meanwhile, “old economy” stocks that pulled ahead in the first quarter are falling behind again.

Endeavour’s liquor retailing business has suffered from industry headwinds that may have bottomed.

We recognise that the short-term macroeconomic backdrop can be very important for certain industries, but long-term fundamentals are almost always more important drivers of our fair value estimates.

These companies keep an abnormally large chunk of every sale as post-tax profit. What’s more, Morningstar analysts think their shares are undervalued.

Warren Buffett names Greg Abel as successor in a surprise move, sparking fresh scrutiny of Berkshire’s leadership, cash buildup, and share valuation.

I enlist the help of our global mining analyst Jon Mills to compare the ASX mining heavyweights.