Dear %%first_name%%,
Will I be damned if I do or damned if I don’t? These are the questions we all have to face in working out if we start loading up on stocks or wait for another leg down? I look at this in my article today.
One of the big lessons of the GFC was that investing in hurriedly arranged capital raisings was a very profitable strategy for retail investors. Paul Rickard shares some signs to look out for if you’re looking to invest in capital raisings during this crisis.
In response to the pandemic and economic downturn, the ASX told its listed companies they could cease providing forward-looking statement and “withdraw” previously lodged guidance. A month later, the companies that re-affirmed their guidance have been effectively upgraded. James Dunn shares 6 stocks that had good news for the market.
And in Buy, Hold, Sell – What the Brokers Say, for the week ending Friday 17 April 2020, FNArena registered 12 upgrades in recommendations for individual ASX-listed stocks against 15 downgrades.
A quick reminder: if you haven’t seen my recent interview with Treasurer Josh Frydenberg, make sure you catch up on our quick 15 minute Q&A where we answer your questions here: https://switzer.com.au/the-experts/switzer-tv/the-treasurer-josh-frydenberg-explains-jobkeeper-payment-in-plain-english/
Sincerely,
Peter Switzer