Business Services Industry

Steel to drive resource boom.

Australasian Business Intelligence, December, 2005

Byline: Patrick Lion

Dec 29, 2005 (Herald Sun - ABIX via COMTEX) -- Analysts say the Australian sharemarket should continue to enjoy strong growth in 2006. Stockbrokers are also tipping that resources stocks will continue to outperform the market, based on strong international

demand for steel and other products, with Rio Tinto and BHP Billiton both tipped to enjoy further growth. However, the key to building a share portfolio in 2006 will be identifying

undervalued stocks that have good underlying fundamentals and strong growth prospects. Among the firms favoured by analysts are Suncorp-Metway, Tabcorp Holdings, ABC Learning Centres, Foster's Group and Publishing &...

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