UBS has named seven ASX-listed blue-chip stocks that are at risk of following Commonwealth Bank into a post earnings season sell-off, with the broker warning the market appears less willing to support lofty valuations without the profit growth to match.
Investors have piled into CBA with the shares hitting $192 in June this year, making it the most expensive bank stock in the world, despite largely flat earnings growth for Australia’s biggest bank. But the shares have fallen about 5 per cent over the last week since it reported a record annual profit of $10.25 billion.
Source: https://www.afr.com/markets/equity-markets/the-7-stocks-at-risk-of-a-reporting-day-sell-off-20250818-p5mnrz