We’ve got a few interesting ‘likes’ from our selectors today. Elio D’Amato, CEO at Lincoln Indicators, likes Credit Corp, an Australian receivables management company with operations in Australia, New Zealand and the US.
It recently provided a strong annual report with another period of strong earnings and cash flow generation.
“The Purchased Debt Ledger (PDL) collections business is expected to benefit from further debt purchases and increased collections efficiency. The consumer lending business is gaining traction and we expect the introduction of the Wallet Wizard brand, to offer Credit Corp the opportunity to seize further market share,” Elio says.
CMC Markets’ Michael McCarthy picks an interesting one too with his like of provider of collaboration technologies, Aconex. This company has already more than doubled its share price this year.
“The exceptional growth prospects for its cloud-based project collaboration software not only justify the [share price] moves, but also support further gains from current levels around $4.00.”
We’ve also pulled our best calls from our Switzer Super Report experts last week into today’s Report.
These companies play to Tony’s preferred choices of domestic retailers exposed to housing or those that are ‘born-global’. Read more about his 5 hot retail stocks here [2].
Raymond Chan likes Telstra in the long term for exactly the same reason Michael McCarthy doesn’t like it in the short term. Both expect to see more volatility over the coming weeks but at these prices, Raymond thinks it’s a long-term bargain.
[3]
Our Super Stock Selectors is a survey of prominent analysts, brokers and fund managers. Each week we ask them to name a stock they like, and one they don’t like. We purposely ask for ‘likes’ and ‘dislikes’ instead of recommendations, so it provides an idea of what the market is looking at, rather than firm buys or sells.
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.