The Stock of the Day is Telix Pharmaceuticals (ASX: TLX)

Telix Pharmaceuticals (ASX: TLX) has reported a profit of $29.7M for H1 of FY24, reporting a loss of $14.3M in the same period last year. Gross margins improved 66% as the selling price for their prostate cancer imaging product stabilized with the company following what it described as "a disciplined cost control". Full year guidance has of $490M-$510M USD has been reaffirmed. Our experts, Mathan Somasundaram from Deep Data Analytics and Kai Chen from MPC Markets, share their views on the stock. Mathan says that it's a great company, but when investing in a sector such as biotech, the best thing is to pick them early and if you've missed out? Best to move on. Kai agrees saying that the important thing to remember is that if you're in it, there's a lot of downside risk when it is trading at the levels it is. So will it be a buy, hold or sell?
Watch the full episode here: ausbiz.co/thec...
Stocks covered on today's episode of 'the call':
Stanmore Resources (SMR)
Ampol (ALD)
CAR Group (CAR)
Reliance Worldwide Corporation (RWC)
G8 Education (GEM)
Brainchip (BRN)
Judo Capital Holdings (JDO)
Suncorp Group (SUN)
Qualitas (QAL)
Acrow (ACF)
Trade your Stock of the Day with IG: ausbiz.co/IG_AU
Subscribe to ausbiz:
the COB newsletter - company.ausbiz...
ausbiz channel - www.ausbiz.com...
X: x.com/ausbiztv
Facebook: / ausbiztv
#asx #sharemarket #stocks #ausbiz #shares #investing #equities #hotstocks #stockpicking #australiastocktrading #asxdividend stocks #etfinvesting

[@MinhNguyen-hj3gh]

Please don't be offended, I only share this with good intentions. Kind regards to everyone and nice video. Its time most traders/holders stop bothering themselves over when the bull and bear market will take place. However bitcoin has been in a progressive form after breaking the 45,000 support level against the US dollars..... This of course is a good time to grow a strong portfolio which i have been doing under Coach Nolan for months now. I had a return (8.2bitcoin) trading and following Nolan's guides.

[@willaimoliveira]

Please how do I go about it, am still a newbie on investment trading and how can I make profit?🙏🙏🙏

[@MinhNguyen-hj3gh]

he's mostly on Telegrams, using the user name.

[@MinhNguyen-hj3gh]

He is active on Telegram ;(...

[@MinhNguyen-hj3gh]

@TraderNolan

[@MinhNguyen-hj3gh]

@TraderNolan💬

[@hankjones3527]

Agree: stay if already in, stay out if not.
P/E is currently over 1,100 😳