Dear %%first_name%%,
With nearly 70% of the S&P 500 having reported, Charlie Aitken says US companies are navigating reasonably well. In his article today, Charlie presents a high level summary from analysts at Morgan Stanley, New York, which gives a clear picture of where sales and profit growth surprised, where it didn’t and where cyclical headwinds persist.
In his article today, Tony Featherstone says small-cap industrials, as a group, seem unusually undervalued and gives reasons why more of them than usual have been overlooked. Given that, Tony puts forward the 4 rules he follows when selecting small caps and suggests three worth considering for yield.
And in Buy, Hold, Sell – What the Brokers Say, stockbrokers have issued 4 downgrades and 2 upgrades for stocks so far this week, according to FNArena.
In Questions of the Week, Paul Rickard answers readers’ queries about the Westpac share purchase plan and contingency stop orders.
The Switzer Income Conference is now completely sold out in Sydney and Melbourne, but we do still have a few complimentary tickets left in Brisbane for subscribers on November 20. Click here to claim your tickets.
And my book Join the Rich Club is available for purchase from the Switzer Store.
Talk to you Saturday!
Sincerely,
Peter Switzer