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| Name | The Stock of the Day is Nine Entertainment (ASX: NEC) |
| Video Uploader | Video From ausbiz |
| Upload Date | This Video Uploaded At 11-06-2024 03:44:40 |
| Video Discription | Nine Entertainment (ASX: NEC) is Stock of the Day following the resignation of its chairman, Peter Costello. Among other reasons, it comes after Costello was accused of aggressive behaviour towards a journalist at Canberra Airport. Also flagged was the need for the chair to receive full support of all directors ahead of the next decade. Catherine West succeeds him. Since the start of the year, Nine Entertainment is down about 30%, but flat today. Our experts, David Novac from Wealthwise Education and Gary Glover from Novus Capital, share their (technical) views on the stock. David says that irrespective of earnings issues and potential cultural issues at Nine, on the trend alone, he says AVOID! Gary's the same - looking at the trends, he says trying to buy value in this situation is like trying to catch a falling knife. Will he buy, hold or sell? Or avoid?! Watch the full episode here: https://ausbiz.co/thecall-1106 Stocks covered: CBA - Commonwealth Bank STO - Santos GOLD EVN - Evolution CTM - Centaurus metals KIN - Kin Mining CSL - CSL Limited RMD - ResMed SHL - Sonic Healthcare RHC - Ramsay Health Care Ltd Trade your Stock of the Day with IG: https://ausbiz.co/IG_AU Subscribe to ausbiz: the COB newsletter - https://company.ausbiz.com.au/newsletter ausbiz channel - https://www.ausbiz.com.au/ Twitter: https://twitter.com/ausbiztv Facebook: https://www.facebook.com/ausbiztv #asx #sharemarket #stocks #ausbiz #shares #investing #equities #hotstocks #stockpicking |
| Category | News & Politics |
| Tags | News & Politics Download MP4 | News & Politics Download MP3 | News & Politics Download MP4 360p | News & Politics Download MP4 480p | News & Politics Download MP4 720p | News & Politics Download MP4 1080p |
