Dear %%first_name%%,
Emmanuel Macron’s win at the French election is what financial markets needed, but the big event this week in Australia is, of course, tomorrow’s Budget, and the pressure is on to avoid a ratings downgrade. I discuss this and more in today’s note.
Also in the Switzer Super Report, Paul Rickard has a road test of a new IPO for an LIC called Contango Global Growth Limited, that offers access to a portfolio of global stocks. And James Dunn shares 5 high yielding stocks under a dollar that also have some scope for capital growth.
In Buy, Sell, Hold – what the brokers say, oOh!Media was in the good books this week, while Qantas was downgraded. Plus, in Hot Stocks, the Big Four bank are in favour this week.
Sincerely,
Peter Switzer
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In this month’s webinar, Paul Rickard and James Dunn talk about the market’s performance in April, what’s next for Telstra, and if the Big Four banks have further to run.