“I like Metcash (MTS)” say Julia, who gives the nod to all divisions (supermarket, liquor and hardware) of the Metcash business.

“All three have been outperforming in 2020 due to people working from home and spending more on eating, drinking and working on their homes.

Source: Google

While acknowledging that the strong hardware trend is at risk from stimulus payments reducing, she says that the equally strong trend in food and liquor is expected to continue.

“Metcash is also benefitting as household footprints become smaller and consumers choose to shop locally or online.

“Trends such as these tend to be sticky and Metcash should continue to benefit into the new financial year,” she adds.

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