Dear %%first_name%%,
We have a bumper issue for you today, due to Monday’s holiday for Australia Day.
In his article, Charlie Aitken reports that the US Q4 reporting season has started constructively and that we’ve had a noisy start to the year in global equity markets. Charlie gives his view on a few juicy US companies.
Meanwhile, Tony Featherstone outlines the reasons why he thinks Tabcorp is still a reasonable bet, despite online betting headwinds, and gives you an update on his views on certain tourism stocks.
We’re coming into reporting season and there have been some stocks confessing already to weaker-than-expected results. In his article today, James Dunn takes you through a number of these to see if any of these falling knives are worth catching.
In Buy, Sell, Hold — What the Brokers Say, in a shortened week due to our Australia Day public holiday, stockbrokers have issued 11 downgrades and 6 upgrades for ASX-listed stocks according to FNArena.
And CMC Markets’ Chief Market Strategist, Michael McCarthy, explains why he likes Tencent Holdings (Hong Kong, Code: 700) but doesn’t like Commonwealth Bank (CBA).
Finally in Questions of the Week, Paul (Rickard) answers readers queries about Treasury Wine Estates as a long term buy; whether CSL will split its shares; and investing in the NB Global Corporate Income Trust (NBI).
Join us for our first webinar of 2020 next Friday where Paul and I will be joined by Rudi Filapek-Vandyck to look at the stars of reporting season. Click here to register.
Talk to you Saturday.
Sincerely,
Peter Switzer