Hot stocks – Perpetual and Bapcor

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This week, CMC Markets’ Michael McCarthy likes Perpetual (PPT), a wealth manager, which offers a diversified range of investment and services.

“In my view it was caught in an anti-active funds management downdraft. Its status as a financial “pure play” may see a PE premium emerge over the next 12 months,” he says.

Our chartist, David McCullock from Share Wealth Systems, likes Bapcor (BAP), an automotive aftermarket parts specialist. Here’s his chartist’s view:

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