Hot stocks – Banking and property

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Among this week’s likes and dislikes is a building materials company, an entertainment retailer and a bank.

Michael McCarthy of CMC markets likes James Hardie (JHX) this week. “After a disappointing H1 profit on increased turnover, and the announcement of a European acquisition, the market first sold then bought JHX,” says McCarthy.

“Regardless, better growth prospects, exposure to a strengthening US economy and leverage to a falling AUD, makes this one attractive to me.”

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