Two large caps and a small cap to buy

Ben Richards

Investment Analyst

Ben Richards from Seneca Financial Solutions shares his perspective on various market dynamics. Ben highlights that despite prevailing uncertainties, specifically regarding interest rates and China’s influence on iron ore, there’s still room to uncover opportunities. He elaborates on the merits of BHP (BHP), shedding light on their earning potential considering current iron ore prices accompanying their strategic actions such as asset divestment and shifting focus towards copper and nickel.

Furthermore, Ben opens up about PEXA (PXA), an Australian monopoly in the property market, noting their favourable position due to increasing volumes. Lastly, Ben turns his attention to Develop Global (DVP), a firm transitioning into lithium exploration and development, expressing optimism about CEO Bill Beaumont’s achievements and the company’s likelihood of success in the foreseeable future.