Dear %%first_name%%,
In my article today, I ask these questions: where are we with this trade war “stuff” and should we take profit ahead of a big sell off? I’ll assess the news item by item and rate whether the revelation is positive or negative for an agreement and stocks.
And if you’re worried about the change to franking credits, Paul Rickard gives you 3 options to consider to “lessen” the impact. One option Paul won’t suggest is the idea suggested by some advisers to close your SMSF and move your monies to an industry super fund. He says this action is premature and subject to a number of risks.
James Dunn reminds us that while a high P/E ratio can indicate a stock is expensive, it can also tell you professional investors are prepared to value the company more highly because they respect the earnings growth rates the company has achieved. James’s article looks at 3 stocks where a relatively high P/E can be bought with reasonable confidence.
And in Buy, Sell, Hold, – What the brokers say, for the week ending Friday 10 May 2019, FNArena registered 9 downgrades and 20 upgrades for ASX-listed stocks by the 8 stockbrokers monitored daily.
And finally, in our Hot Stock today, CMC Markets’ Chief Market Strategist, Michael McCarthy explains why he likes Oilsearch (OSH) but doesn’t like National Australia Bank (NAB).
Enjoy the read and your week!
Sincerely,
Peter Switzer