Dear %%first_name%%,
This week I was talking with Michael Gable, MD Fairmont Equities about what he thinks is ahead. Michael said he’s seeing signs of strength that tell him any dips in the share market will be shallow. Like many experts, he thinks a move back towards the December lows is unlikely and says all that cash sitting on the sidelines will be looking to find a home.
And Dr Shane Oliver, Head of Investment Strategy and Chief Economist, AMP Capital, is someone I’ve known for years. I asked him to share his 5 charts + 5 tried and tested investing lessons with you. Have a look at these charts and revisit Shane’s 5 lessons.
In today’s Report, Tony Featherstone says the resilience of REA Group, Seek and Carsales.com is underestimated at their current prices. Tony adds that the REA Group in particular and Carsales are worthy of portfolio inclusion at their current price, provided you can tolerate challenging trading conditions for the next 18 months.
Meanwhile, in Buy, Sell, Hold: What the Brokers Say, we have 12 downgrades and 5 upgrades today.
And finally in Questions of the Week, Paul Rickard answers readers’ queries about NAB’s new hybrid security, our model portfolios and franking credits.
Talk to you on Saturday! Enjoy the read.
Sincerely,
Peter Switzer