As the Australian sharemarket hit a record high this month after the tariff-induced market rout, stocks from Commonwealth Bank to JB Hi-Fi have also forged new peaks, defying brokers that are telling clients to sell the shares.
The benchmark S&P/ASX 200 has rebound around 16 per cent from its April low as investors have grown more optimistic that the worst of the tariff-related disruptions are behind us. And despite escalating tensions in the Middle East, fund managers expect stocks to keep climbing.
Source: https://www.afr.com/markets/equity-markets/brokers-and-investors-collide-on-these-four-asx-stocks-20250616-p5m7v4