Buy Hold Sell: 5 growing small caps for FY24

Some of the biggest stocks on the ASX started out as minnows. 

Take BHP Group (ASX: BHP) and CSL (ASX: CSL) for example, today two of the biggest stocks in the country. Once upon a time, these stocks were known as Broken Hill Proprietary Company and Commonwealth Serum Laboratories and very few people knew of them. It took years - decades even - of toiling away in relative anonymity before these companies cracked the big time. 

Imagine if you knew then what you know now. 

I'm sure I'm not alone in my daydreams of borrowing Doc Brown's time machine and whizzing back to invest $1000 in the shares of BHP and CSL when they first listed - for those who are curious that was 10 August 1885 for BHP and 30 May 1994 for CSL (although, CSL was founded in 1916). 

Alas, we cannot. But the next best thing we can do is try to identify current small caps that could ultimately grow into tomorrow's large caps, or at least, grow over the year ahead. 

So in this episode, Bell Direct's Grady Wulff was joined by Tim Johnston from Tyndall Asset Management and Tobias Yao from Wilson Asset Management for their analysis of three stocks that could outperform over the next 12 months. Plus, they each name a stock pick of their own. 

Note: This episode was recorded Wednesday 9 August 2023.