Industrials Stocks News and Tips on the ASX.

Share to buy – Rio Tinto (RIO)

Since bottoming out near $38 in December, iron ore has rallied to presently be trading above $48. Overnight, the bulk commodity jumped 3%. The bounce in iron ore, unsurprisingly, has coincided with a bounce in Rio Tinto which has completed a basing pattern and now appears poised to push higher. We are looking for a

Share to sell – Oz Minerals (OZL)

A recommendation to sell OZL is based primarily on the weakening gold price. Gold price forecasts have been slashed across the board, by between eight and 14%. This has been done to reflect expected US rate rises and lacklustre demand. Technically, OZL is in a downtrend, having sold off from $5.10 in May to presently

Share Tip Transpacific Industries Group (TPI)

Transpacific Industries (TPI) is a recycling, waste management and industrial services company operating in Australia and New Zealand. Its clients range from small businesses to larger commercial and industrial companies. The group’s core responsibilities include recycling solutions, waste management services, parts washing equipment and waste oil collections. Key Points FY13 results:  Revenue grew 0.4% over

Fortescue Metals (FMG) Drop In Ore

Fortescue Metals Group (FMG) is the third biggest iron explorer and producer in Australia. Its operations are located in WA’s Pilbara region, which also hosts mining giants BHP and Rio Tinto. FMG’s holdings in the region cover close to 85,000 sq km, with resources estimated at 13.2 billion tones. Iron ore outlook In the last