Dear %%first_name%%,
In his article today, Charlie Aitken says that it can be hard to focus on the medium term when you’re checking how much toilet paper you have in the laundry cupboard, but it is in these moments you can make, or break, your future investment returns.
Two weeks ago, Tony Featherstone (who many of you may have seen at our Small Cap conference on Tuesday) wrote that the market was too complacent in its view on the Coronavirus and last week warned it was too early to go bargain-hunting. In his article today, Tony says it’s now time to buy stocks, but has a few warnings.
And in Buy, Sell, Hold — What the Brokers Say, upgrades have overwhelmingly outnumbered downgrades so far this week, according to the stockbrokers monitored by FNArena, with a total of 23 upgrades for 21 ASX-listed companies compared to 5 downgrades.
Finally, in Questions of the Week, Paul (Rickard) answers readers queries about why Tabcorp is doing so badly; whether you should take part in the Qantas off-market share buyback; and whether Link Administration is a buy.
The Switzer Investor Strategy Day kicks off in Sydney in less than two weeks before heading to Melbourne and Brisbane. Be sure to get your complimentary tickets today:
And join us for tomorrow’s webinar, where Paul and I will be joined by Medallion Financial Group’s Michael Wayne to discuss the winners and losers of reporting season. Click here to register.
Talk to you Saturday…
Sincerely,
Peter Switzer