Dear %%first_name%%,
The tragedy in Boston weighed on markets for a short time, but commodity price falls and other concerns in the US are behind the recent blips. After so many years of depressed activity, it’s easy to read the worst into any market dip, but I’m still upbeat on stocks and expect the year to end better than it started.
Contributor Geoff Wilson of Wilson Asset Management is with me on this and today in his article has a look at the ‘Sell in May go away’ phenomena. Ron Bewley examines the Utility sector and the defensive nature of stocks like AGL Energy and Spark.
Also in the Switzer Super Report today, our fixed income commentator Gavin Madson explains the difference between “new” debt and “old” debt and in our question of the week, Paul Rickard makes some suggestions for a reader interested in expanding their portfolio. Tatts Group is the favourite of our fundie, Pengana Capital, and with this insatiable demand for yield stocks at the moment, Telstra is fast approaching our call last October when the stock was then trading at just under $4.00, and we were expecting it reach $4.50 within a month or two and head on its way to $5.00.
Given all the buzz about the new high-speed railway, James Dunn analyses the companies that might benefit from such a proposal. In our property analysis, we show you the top areas forecast to grow over the next five years and Louis Christopher takes his residential property predictions out to 2014.
Sincerely,
Peter Switzer
Last week I appeared as a guest on Graeme Richardson’s show on Sky TV. You can watch the footage here.