Today in Short n’ Sweet, I wanted to examine some of our Super Stock Selectors’ likes. We’ve been running this for five months now and it’s worth taking a look to see how some of our Selectors’ picks have staked up.
But before I do, let me stress (again) that these aren’t long-term recommendations, merely short-term ‘likes’ that have caught the attention of our analysts, brokers and market watchers that week. They don’t always align with our own choices here at the Switzer Super Report either, but we do think it’s important to share a wide range of views with our readers, which is why we do this weekly survey.
With that disclaimer out of the way, how have the ‘likes’ of five months ago performed? And also remember the recent volatility will mean all shares will have a rough ride in recent weeks.
First up we’ve got equities analyst at Bell Direct, Julie Lee. She liked Yowie Group (YOW) and it has done extremely well.
Fortescue Metals Group, the like of Michael McCarthy, chief market strategist at CMC Markets, is a bit all over the place but has done better than the market.
Chartist Gary Stone’s inaugural like was Boral, which reported today. The market didn’t like its outlook statement – so it is now down.
And Elio D’Amato, CEO Lincoln Indicators, liked TPG’s result and its offer for iiNet, which has since been approved. It’s stayed steady over the past five months, which is not an easy feat in the current market.
Macquarie Group (MQG) was IG Markets analyst Evan Lucas’s like. It’s down but don’t forget the index is down by over 11%.
Finally we’ve got Capilano Honey from Raymond Chan, managing partner Morgans and this has certainly been a keeper.
All of our ‘likes’ are ahead of the market and three are in positive territory – again no mean task given the roller-coaster ride we’ve all been enjoying lately.
*All charts sourced at Yahoo!7 Finance on 27 August 2015.
Important: This content has been prepared without taking account of the objectives, financial situation or needs of any particular individual. It does not constitute formal advice. Consider the appropriateness of the information in regards to your circumstances.
