Dear %%first_name%%,
In his article today, Charlie Aitken says he believes with further US rate cuts and given the volatility that still persists (despite companies in the US reporting well), you’re better served being invested in companies with ultra-high barriers to entry, high return on invested capital, profitable and strong cash flow. Charlie believes Microsoft (MSFT) fits all the above and has the very high-quality problem of generating too much cash, which is why shareholders can look forward to higher dividends.
In a similar vein to Charlie, Tony Featherstone says that relying solely on macro data to inform stock decisions is dangerous and can blind investors to value and imply that every stock in a sector should be avoided, when some are outperforming. Tony believes a small group of high-quality retailers could continue to make strong gains. His article is timely, with Coles and Woolies reporting quarterly sales figures this week.
And in Buy, Hold, Sell – What the Brokers Say, there have been 6 upgrades and 6 downgrades from stockbrokers for ASX-listed stocks so far this week, according to FNArena.
In Questions of the Week, Paul Rickard answers readers’ queries about investing in mortgages or mortgage funds; whether to buy CBA PERLS or CBA shares; and whether you should invest in waste management companies.
With just 11 days until the Switzer Income Conference & Masterclass kicks off, be sure to claim your complimentary tickets as soon as possible:
And if you’d like to join us in our monthly webinar tomorrow, click here to register.
Look forward to talking to you Saturday!
Sincerely,
Peter Switzer