Buy Hold Sell, by Livewire Markets

Buy Hold Sell: 5 undervalued small caps with big growth prospects

Australia's GDP growth has been on a steady decline for a while now. While the economy was still growing at a rate of 0.5% in the fourth quarter of 2022, that pace has slowed markedly from the 3.7% print seen in 2021. 

The December quarter of 2022 was the fifth consecutive period of economic growth, but it was also the smallest uplift of that period. That's likely because consumers are increasingly burning through their savings as cost pressures and interest rates remain elevated.

So where can investors find growth in a low or even no-growth world? 

In this episode, Livewire's Chris Conway was joined by Yarra Capital Management's Katie Hudson and Prime Value's Mike Younger for their analysis of three small-cap stocks with big growth runways ahead of them. 

Plus, they each also name a high-conviction portfolio position with what they believe to be the best growth prospects over the year to come. 

Note: This episode was filmed on Wednesday 5 April 2023. You can read an edited transcript below: 

https://www.livewiremarkets.com/wires/buy-hold-sell-5-undervalued-small-caps-with-big-growth-prospects 

6 ASX-listed products for the risk-loving and risk-averse investor

There are some of us that thirst for the adrenaline hit that comes with taking risks, whether it be cliff jumping, skydiving, or making questionable bets on the stock market. 

This may work for the daredevils among us, but for others, there could be nothing worse than putting their lives (and money) at risk. 

So where do you sit on the scale from risk-loving to risk-averse? Are you an aggressive investor, with the stomach for volatility and losses in your high-growth journey? Or are you readying for retirement, and need to be more conservative with your cash? 

Have no fear. Livewire Markets has done the heavy lifting for you. In this episode, Livewire's Ally Selby was joined by Pitcher Partners' Charlie Viola and Shaw and Partners' Candice Bourke for their top listed product recommendations across three different risk profiles. 

There really is something in here for everyone. 

Note: This episode was filmed on Wednesday 22 March 2023. You read an edited transcript below: 

https://www.livewiremarkets.com/wires/6-asx-listed-products-for-the-risk-loving-and-risk-averse-investor/

4 adviser-approved ETFs for 2023 (and top tips to make your portfolio work for you)

With more than 280 exchange-traded products listed on the ASX, Livewire is on a mission to learn whether investors, like you, can build the perfect portfolio with listed products alone. 

A few quick stats for you: 

• Over the past 12 months (to the end of February), the market cap of the Australian ETF market swelled 7.1% to $136.2 billion. 
• The majority of investors' funds are invested in global equities-focused ETFs ($61 billion, down slightly on the prior year). 
• $38 billion is invested in ETFs tracking Aussie equities exposures (up 12% over the past 12 months). 
• Interestingly, investments in fixed income-focused ETFs have skyrocketed more than 22% in that same time period to $19.5 billion. 

So, how do you decide which products would best help you compound your hard-earned cash? 

In this episode, Livewire's Ally Selby was joined by Shaw and Partners' Candice Bourke and Pitcher Partners' Charlie Viola for their go-to funds for both equities and defensive exposures. 

They also share the biggest mistakes they are seeing in the client portfolios they have inherited over the past 12 months, and their top tips for how investors can make their portfolios work for them (instead of the other way around).

And just because you know this anonymous writer loves a little bit of spice, we also asked Charlie and Candice to name a product or fund they believe no longer has a place in investors' portfolios. 

Note: This episode was filmed on Wednesday 22 March 2023. You can read an edited transcript below: 

https://www.livewiremarkets.com/wires/4-adviser-approved-etfs-for-2023-and-top-tips-to-make-your-portfolio-work-for-you 

Buy Hold Sell: 5 of Livewire readers’ top ETFs for 2023

There's something to be said about the wisdom of the crowd. Take your local coffee shop, for example. Sure, there are other options without a lengthy queue, but I am willing to make a bet that the crowded cafe is bursting with patrons for a reason.

But could the same be said of markets?

In this episode, Livewire's Ally Selby was joined by Pitcher Partners' Charlie Viola and Shaw and Partners' Candice Bourke to test the exchange-traded fund (ETF) ideas of Livewire readers.

They analyse your top-tipped ETFs for 2023. And spoiler alert - there are only two that they agree on.

Note: This episode was filmed on Wednesday 22 March 2023. You can read an edited transcript below:

https://www.livewiremarkets.com/wires/buy-hold-sell-5-of-livewire-readers-top-etfs-for-2023  

Buy Hold Sell: 3 heavily sold-off stocks (and 2 now on fundies’ radars)

If there was one theme that stood out to this anonymous writer this February reporting season, it was that companies that missed earnings expectations were hammered by investors. 

Think Downer (ASX: DOW), which has seen its share price sink more than 16% after it missed consensus forecasts by -12% (and downgraded guidance by -18%, after already downgrading by -15% in December). Or Domino's (ASX: DMP), that share price of which has plummeted nearly 37% since it missed expectations in its half-yearly result. Or Star Entertainment (ASX: SGR), which has seen its share price fall nearly 15% since it reported results - with net profit after tax missing consensus by -14%.

But they say you should buy when there's blood in the streets... 

So in this episode, Centennial Asset Management's Matthew Kidman was joined by Firetrail Investments' Blake Henricks and Market Matters' James Gerrish to analyse these three heavily sold-off stocks. 

Plus, they each point to one stock that is on their radar (or has been recently added to their portfolio) off the back of results season. 

Note: This episode was filmed on Wednesday 8th March 2023. You can read an edited transcript below: 

https://www.livewiremarkets.com/wires/buy-hold-sell-3-heavily-sold-off-stocks-and-2-now-on-fundies-radars 

The 10 best ASX management teams right now

As anyone who has worked under a manager knows, leaders can make or break a business. A good leader will bring out the best in their team, hone their skills, and inspire them to achieve more than they thought was possible themselves. 

Bad leaders, well, do exactly the opposite.

Recently, one of our readers requested that we produce a refresher on the top management teams in the country. And, off the back of an incredibly challenging first half of the financial year 2023, there's no time like the present. 

So, in this episode, you'll learn which management teams have demonstrated their leadership prowess, steering their employees and business onto greater success amid an ever-challenging macro environment. 

Here, Centennial Asset Management's Matthew Kidman was joined by Market Matters' James Gerrish and Firetrail Investments' Blake Henricks to identify the crème de la crème of ASX-listed leaders across the energy, resources, tech, healthcare and consumer discretionary sectors. 

Note: This episode was filmed on Wednesday 8 March 2023. You can read an edited transcript below.

https://www.livewiremarkets.com/wires/the-10-best-asx-management-teams-right-now 

Buy Hold Sell: 3 cracking results and 2 disappointments

We are done and dusted with another reporting season, and what a month it was. Stocks were heavily sold off on earnings misses, soared on earnings beats, and ended up pretty much where they started once the dust settled. 

Throughout this earnings season, two themes stood out. Wages growth reigned supreme as a widespread headwind for many companies - not only those based in Western Australia but across the board, while previously inflated cost pressures finally started to abate.

According to FNArena, 32.8% of stocks missed earnings expectations, 38% were in line and 29.3% beat estimates over the past month. 

So in this episode, Centennial Asset Management's Matthew Kidman was joined by Firetrail Investment's Blake Henricks and Market Matters' James Gerrish for their analysis of three stocks whose results shot the lights out during the February reporting season. 

Plus, they also each name one company that disappointed investors with a less-than-desirable result. 

Note: This episode was filmed on Wednesday 8 March 2023. You can read an edited transcript below:

https://www.livewiremarkets.com/wires/buy-hold-sell-3-cracking-results-and-2-disappointments 

Buy Hold Sell: 3 stocks making headlines (and 2 with major catalysts on the horizon)

There's a well-known maxim that all budding journalists are taught on their first day in a newsroom - bad news sells. 

Sure, it's nice to read about markets going up and the magic of compounding, or the wonderful contributions people are making in our communities, but really, planes crashing, corrupt companies, cyber hacks, and unfortunate public blunders are much more likely to get the eyeballs. 

But Livewire isn't your average news site. So in this episode, we thought we would take a look at some of the companies making headlines for the right reasons (and some that are definitely not). 

Livewire's Ally Selby was joined by Forager Funds Management's Chloe Stokes and Alphinity Investment Management's Mary Manning for their analysis of these three newsworthy stocks. 

And, getting our crystal balls out, they also each name a company that could be making headlines (for all the right reasons) in the near future. 

Note: This episode was filmed on Wednesday 22 February 2023. You can read the edited transcript below:

https://www.livewiremarkets.com/wires/buy-hold-sell-3-stocks-making-headlines-and-2-with-major-catalysts-on-the-horizon 

4 stocks for offence and defence for today’s volatile markets

Lately, it seems like hopes of a central bank pivot have been quashed.

The RBA recently made a surprise about-face to a more hawkish policy position, while the Federal Reserve continues to hint at rates staying higher for longer.

As you'd expect, investors have been following central bank statements like gospel. But markets are forward-looking and most of the world's indices are currently in the black in 2023.

So in this episode, Alphinity's Mary Manning and Forager's Chloe Stokes share their outlook on interest rates and recession, as well as their top stock picks for offence and defence in this environment.

Note: This episode was filmed on Wednesday 22 February 2023. You can read the edited transcript below:

https://www.livewiremarkets.com/wires/4-stocks-for-offence-and-defence-for-today-s-volatile-markets/ 

Buy Hold Sell: 4 quality stocks for value AND growth

According to Christian teachings, the Holy Trinity refers to the idea that God is one being but can be seen in three different lights.

And although this anonymous writer is an atheist, there is another Holy Trinity I believe investors should get behind - the intersection of Quality, Value, and Growth. 

Instead of following just one factor (for example, the great war between good and evil - or as I like to call it, value and growth), why not invest in a high-quality company that boasts both characteristics? 

So in this episode, Livewire's Ally Selby was joined by Alphinity Investment Management's Mary Manning and Forager Funds Management's Chloe Stokes for their analysis of two quality stocks with growing revenues or earnings, trading at an attractive price. 

Plus, our guests also each name one "holy trinity" stock of their own. 

Note: This episode was filmed on Wednesday 22 February 2023. You can read the edited transcript below:

https://www.livewiremarkets.com/wires/buy-hold-sell-4-quality-stocks-for-value-and-growth