Is a strong Santa Rally on the cards for ASX: 10 Stocks on an uptrend

  • Dec 03, 2019 AEDT
  • Team Kalkine
Is a strong Santa Rally on the cards for ASX: 10 Stocks on an uptrend

S&P/ASX 200 closed at $6712.30 down by 2.2% on December 3, 2019. The index is on uptrend since the start of the year 2016 on a weekly timeframe chart. It is presently finding a hindrance at a resistance level of $6712.30, breaking on which the index will witness a fresh upside rally. Below are the top ten stocks following uptrends for more than a year.

ASX200 Price Performance for Five Years (Source: Thomson Reuters)

BHP Group Limited (ASX: BHP)

BHP Group Limited (ASX: BHP) is involved in exploration, development and production of oil & gas, copper, iron ore and coal. The stock of BHP is on uptrend since the start of the year 2016 on a weekly timeframe chart. On December 3, 2019, the stock traded with market capitalization of ~$112.86 bn at $37.770 down by 1.41%. Its 52-week high and low-price stand at $42.330 and $29.589, respectively. Its PE multiple and dividend yield on TTM basis stand at 16.720x and 5.01%, respectively.

Rio Tinto (ASX: RIO)

Rio Tinto (ASX: RIO) is involved in the production of copper, gold, iron ore, coal, aluminium, borates, titanium dioxide and other minerals and metals. Since the start of the year 2016, the stock of RIO has been on uptrend on a weekly timeframe chart. It traded with market capitalization of ~$36.2 bn at $97.020 down 0.513% on December 3, 2019. Its 52-week high and low-price stand at $106.922 and $68.551, respectively. Its PE multiple and dividend yield on TTM basis stand at 8.530x and 5.01%, respectively.

Woolworths Group Limited (ASX: WOW)

Woolworths Group Limited (ASX: WOW) is involved in the retail operations across Australian food, endeavour drinks, New Zealand food, BIG W and Hotels. Th company in total has more than 3,292 stores and around 196,000 employees at the end of FY19. It operates

  • 1,577 stores under Dan Murphy’s, BWS, and Summergate brands (also operates Cellarmasters, Langtons and winemarkets.com.au online platforms
  • Woolworths Supermarkets and Metros - 1,024;
  • hotels- including dining, bar, accommodation and other recreational activities - 328
  • BIG W stores - 183

The stock of WOW is on uptrend since the mid of the year 2016, on a weekly timeframe chart. The stock with market capitalization of ~$50.16 bn closed at $38.430 down by 3.369% on December 3, 2019. Its 52-week high and low-price stand at $40.040 and $27.980, respectively. Its PE multiple and dividend yield on TTM basis stand at 19.290x and 2.56%, respectively.

Transurban Group (ASX: TCL)

Transurban Group (ASX: TCL) is involved in the building and operation of toll roads in Sydney, Melbourne and Brisbane, Australia, as well as in the Greater Washington Area and Montreal in North America. The stock is on uptrend since the mid of the year 2010 on a weekly timeframe chart. It traded with market capitalization of ~$41.84 bn at $15.040 down by 1.764% on December 3, 2019. Its 52-week high and low-price stand at $16.060 and $11.370, respectively. Its PE multiple and dividend yield on TTM basis stand at 231.970x and 3.85%, respectively.

Goodman Group (ASX: GMG)

Goodman Group (ASX: GMG) is involved in the global integrated property group and is one of the world’s leading listed industrial property groups. Its emphasis is on a business model of developing, retaining, and managing business space and industrial property in key markets around the world. The stock of GMG is on uptrend since the start of the year 2009, on weekly timeframe chart. It traded with market capitalization of ~$27.15 bn at $14.390 down by 3.098% on December 3, 2019. Its 52-week high and low-price stand at $16.100 and $10.230, respectively. Its PE multiple and dividend yield on TTM basis stand at 16.530x and 2.02%, respectively.

Wesfarmers Limited (ASX: WES)

Wesfarmers Limited (ASX: WES) is involved in retailing of home improvement and outdoor living products and supply of building materials; retailing operations, including supermarkets, general merchandise and apparel; fuel, liquor and convenience outlets; chemicals and fertilisers manufacture; gas processing and distribution; retailing of office and technology products; industrial and safety product distribution; and management of the group’s investments. The stock of WES is on uptrend by the starting of the year 2019 on a weekly timeframe chart. At the time of writing, it traded with market capitalization of ~$48.01 bn at $41.230 down by 2.622% on December 3, 2019. Its 52-week high and low-price stand at $42.850 and $29.537, respectively. It’s PE multiple and dividend yield on TTM basis stand at 8.690x and 4.2%, respectively.

Resmed Inc (ASX: RMD)

A global leader in production, distribution and marketing of medical devices and cloud-based software solutions, Resmed Inc (ASX: RMD), helps to identify, treat and handle respiratory disorders. The stock of RMD traded with market capitalization of ~$31.79 bn at $21.820 down by 1.623% on December 3, 2019. Its 52-week high and low-price stand at $22.300 and $12.650, respectively. The PE multiple and dividend yield on TTM basis stand at 55.020x and 0.69%, respectively.

Fortescue Metals Group Ltd (ASX: FMG)

Fortescue Metals Group Ltd (ASX: FMG) is involved in the exploration, development, production, processing and sale of iron ore. The stock of FMG traded with market capitalization of ~$30.85 bn at $9.870 down by 1.497% on December 3, 2019. Its 52-week high and low-price stand at $10.035 and $3.669, respectively. Its PE multiple and dividend yield on TTM basis stand at 6.820x and 4.29%, respectively.

Coles Group Limited (ASX: COL)

Coles Group Limited (ASX: COL) is involved in providing customers with everyday products, including, groceries, fresh food, liquor, general merchandise, fuel and financial services through its own store network and other online platforms. The stock of COL traded with market capitalization of ~$21.81 bn at $15.670 down by 4.159% on December 3, 2019. Its 52-week high and low-price stand at $16.600 and $11.026, respectively. Its PE multiple on TTM basis stands at 15.200x.

Kogan.com Ltd (ASX: KGN)

Kogan.com Ltd (ASX: KGN) is a portfolio of mix of retail and service business that included Kogan Retail, Kogan Marketplace, Kogan Mobile, Kogan Internet, Kogan Insurance, Kogan Health, Kogan Pet, Kogan Life, Kogan Money, Kogan Cars and Kogan Travel. The stock of RIO traded with market capitalization of ~$667.45 mn at $7.150 down by 0.832% on December 3, 2019. Its 52-week high and low-price stand at $7.920 and $3.020, respectively. Its PE multiple and dividend yield on TTM basis stand at 39.290x and 1.98%, respectively.


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