Dear %%first_name%%,
With the election done and dusted (with an outcome that delights many investors), five obstacles to economic growth and stock market gains have been hit for a six. But we have one to go and yes, it’s Donald Trump. If we can get over this hump — the Trump hump — maybe that breakout for stocks predicted by CMC’s Michael McCarthy on my radio podcast last Monday will come to pass. I discuss this in detail in my article today.
And with June just around the corner, now’s the time to start thinking about actions to take before the end of the financial year. In his article today, Paul Rickard lists 7 MUST DO’s before June 30 that are relevant to SMSF trustees and investors managing their own portfolios and investments outside super.
While the S&P/ASX 200 index has eked out a 7.5% return in the last 12 months – which dividends boost to 11.4% – plenty of companies don’t match that return for various reasons. Today, James Dunn suggests 4 stocks that could be ready to shine.
In Buy, Sell, Hold: What the Brokers Say, against a background of portfolio reshuffling and short covering post our surprise election outcome, FN Arena says that local stockbroking analysts are busier than one would expect this time of the year!
And, in our Hot Stocks today, CMC Markets’ Chief Market Strategist, Michael McCarthy explains why he likes Challenger (CGF) but doesn’t like Aurizon (AZJ).
Finally, click here to visit our YouTube channel for the latest episode of Switzer. New episodes will be posted on Monday nights, so be sure to subscribe to be notified when new episodes are posted.
Sincerely,
Peter Switzer