##{"id":61013,"date":"2012-12-05T10:25:51","date_gmt":"2012-12-04T23:25:51","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2012\/12\/05\/cba-will-set-new-all-time-high\/"},"modified":"2012-12-05T10:25:51","modified_gmt":"2012-12-04T23:25:51","slug":"cba-will-set-new-all-time-high","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2012\/12\/05\/cba-will-set-new-all-time-high\/","title":{"rendered":"CBA Will Set New All-Time High"},"content":{"rendered":"

\n\tThe TechWizard's<\/span> confidence has increased that CommBank<\/span> ((CBA<\/span>)) shares are on their way to set a new all-time high.<\/p>\n

\n\tSolid dividend yielding stocks are expensively priced, he notes, but from a technical point of view, CBA<\/span> shares still have the wind blowing strongly in the back.<\/p>\n

\n\tThe shares have now broken through $60 and the Wizard says a run to the all time high of $62.16 from November 2007 seems all but a done deal.<\/p>\n

\n\tMost stockbrokers have price targets well below the current share price, he observes. As far as the Wizard is concerned, they are being proven too conservative by investors' appetite for yield.<\/p>\n

\n\t $\"\"$ <\/p>\n

\n\tTechnical limitations<\/strong><\/p>\n

\n\tIf you are reading this story through a third party distribution channel and you cannot see charts included<\/span>, we apologise<\/span>, but technical limitations are to blame.<\/em><\/strong><\/p>\n

\n\tFind out why FNArena subscribers like the service so much: "Your Feedback (Thank You)<\/a>" – Warning this story contains unashamedly positive feedback on the service provided.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"