Treasury Wine Estates’ sell off looks overdone, while Telstra has very few friends.
Graincorp and Invocare were two of the lucky companies that got upgrades this week.
Independence is the key following the bank Royal Commission, which is good for some financial companies like Platinum.
Investment managers did well this week, with three upgrades for Platinum and one each for Challenger and Macquarie.
Origin and Rio are our stock pickers preferences today while AMP is not looking good on the charts.
Brokers have had a slow week, but Xero managed to score one upgrade.