Dear %%first_name%%,
Charlie’s back and we are so glad he’s had his sabbatical and resumed his involvement in the Switzer Report and other things we do here at Switzer, such as the next webinar on Friday 1 February. More on that below.
Today Charlie has an update on Aristocrat Leisure and believes we could see a retest of the December lows over the next few months, which could be a tremendous buying opportunity in high quality long duration companies that are rarely on sale. On that basis, he says he is holding some cash, waiting to deploy at lower prices with what he calls a “shopping list” of great companies he hopes to buy with a “margin of safety”.
Also in the Report today, Tony Featherstone says that while there are big headwinds against shares, one funeral operator stands out and gives his 5 reasons why he likes Invocare. And our Stock of the Week is Xero Limited (ASX: XRO). In Buy, Hold, Sell – What the Brokers say, we have an abundance of upgrades and downgrades.
In Questions of the Week, we answer readers’ queries about franking credits, a listed investment company and an ETF that aims to maximise yield.
Finally, as mentioned above, our next webinar is Friday 1 February and Charlie will be joining us. It’s good to have him back after his break.
Enjoy the read!
Sincerely,
Peter Switzer