Dear %%first_name%%,
Value investors are seeing more opportunities than they have for some time, with more companies trading at low valuations compared to the quality of the business and the companies’ opportunities for revenue and earnings growth. In today’s Report, James Dunn uncovers 4 potential value plays at present – from a variety of industries and market-capitalisation bands.
Meanwhile, investment bank UBS recently estimated that the global food-delivery sales market will grow from about US$35b to US$365b by 2030. In the US alone, the meal kits market is expected to be worth US$11.6b by 2022. Many of you may have seen advertisements on tramways in Melbourne, for example, for the ASX-listed company Marley Spoon, which provides kit meals. Today, Tony Featherstone examines whether this micro-cap could suit experienced investors who can tolerate risk.
In Buy, Hold, Sell — What the Brokers Say, since this Report last week, analysts have upgraded 7 companies and downgraded 11, with AMP in the not-so-good books.
After heading up the foreign exchange desk in Singapore and London for Macquarie Bank, Michael Carmody has joined our Switzer team as he trains to be a financial planner. A falling dollar helps lots of local stocks and Mike is predicting no big drops for the Aussie. Anyone sweating on a 60-something dollar should read his words and have a rethink.
And in Hot Stocks today, Michael McCarthy gives reasons why he likes Harvey Norman (HVN) and still doesn’t like AMP.
In Questions of the Week, Paul Rickard, who’s currently in Europe, still answer readers’ queries about IOOF and a listed investment company!
And finally, don’t miss our webinar tomorrow where Charlie Aitken and I will examine stocks that will benefit from a Trump trade deal. Register now!
Sincerely,
Peter Switzer