To The Moon

As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 8,547.40 on Friday, up 0.10% in the past 5 days.

1. $WOODSIDE ENERGY GROUP LTD(WDS.AU)$ +9.90%

• WDS has shown strength as a key beneficiary of the significant oil price rally. With the Israeli strike on Iran increasing tensions in the region, crude oil prices have soared.

• Woodside’s deepwater oil projects offer a degree of resilience amid fluctuating oil prices. These projects, characterized by long development cycles and significant investments, are less sensitive to short-term market changes, making them attractive to investors seeking long-term stability.

• Woodside has been given more time to assess the conditions the Albanese government has set for its approval of the extension of the North West Shelf operation, as the gas giant works to ensure it can withstand potential legal challenges on environmental and cultural protection grounds.

2. $ORIGIN ENERGY LTD(ORG.AU)$ +8.12%

• With global energy prices, particularly natural gas, continuing to rise, Origin Energy stands to benefit as a major player in Australia's energy sector. The increase in energy demand supports higher revenues for the company.

• The overall positive outlook for the energy sector, driven by higher oil and gas prices, has lifted the performance of many companies, including Origin Energy. Investors are optimistic about the long-term prospects of the sector.

• Jefferies initiates Origin Energy stock with buy rating on energy transition.

3. $NORTHERN STAR RESOURCES LTD(NST.AU)$ +7.49%

• The price of gold has risen recently, benefiting gold mining companies like NST. The uptick in gold prices increases revenue potential, boosting investor sentiment.

• With ongoing inflation concerns and economic uncertainty, investors are flocking to precious metals like gold as a safe-haven investment, which positively impacts gold mining stocks like Northern Star.

• NST has demonstrated significant investor confidence, with its share price experiencing a robust surge. The leading gold miner’s stock is a standout performer, continuing a powerful upward trend that has been building over the past year.

4. $SANTOS LIMITED(STO.AU)$ +5.78%

• Santos has benefited from the recent increase in global oil and gas prices, leading to higher revenue expectations for the company.

• The overall market sentiment towards energy stocks has been positive, particularly as global energy demand remains strong, benefiting companies like Santos.

5. $SIGMA HEALTHCARE LTD(SIG.AU)$ +4.17%

• The overall positive sentiment towards healthcare stocks, especially amid ongoing health sector demands, has helped lift Sigma's stock.

• Increased government spending on healthcare and pharmaceutical services in Australia has positively impacted Sigma’s outlook, as the company benefits from this sector growth.

• The company’s expansion of its retail pharmacy network, along with improved partnerships, has strengthened its market position, boosting investor optimism.

• The daily trading chart for SIG illustrates a consistent upward trajectory, with the stock maintaining its gains throughout the session. Investors who have been following Sigma are seeing substantial returns, underscoring strong market confidence in the company’s strategy and operational performance.