The S&P/ASX 200 Index has climbed higher on Tuesday off the back of easing oil prices and an increase in interest in tech or AI shares.
Let's find out how stocks South32 Ltd, Cochlear Ltd, and Westpac Banking Corp are tracking this week, and what brokers are forecasting to happen next.
South32 shares are trading at $4.88 each. In fact, South32 shares have rallied strongly over the past year and are now around 86% higher than they were 12 months ago.
In August, the miner posted a couple of good-news announcements that had investors jumping for joy.
The Sierra Gorda copper mine, in which South32 holds a 45% stake, is a large, open-pit operation in northern Chile.
The miner posted a 1% increase in revenue from continuing operations, a 28% increase in EBITDA, and a 55% increase in underlying earnings.
The company also declared a final fully-franked dividend of 5.4 US cents per share for FY26, which is almost double the miner's final dividend for FY25.
According to Market Index data, most brokers have a buy rating on South32 shares.
Most experts have a sell rating in Westpac shares and the $34.18 average target price implies a downside of around 2% over the next 12 months.
Cochlear shares have staged a rebound since hitting a 10-year low of just $90 each in late-April.
In July, Cochlear announced that its hearing implant systems will continue to be imported into the US duty-free after the US Government released its findings from a series of Section 301 investigations.