Buy Hold Sell, by Livewire Markets
Buy Hold Sell: 2 fundies clash on these stock ideas

Buy Hold Sell: 2 fundies clash on these stock ideas

May 15, 2020

For two fund managers to disagree on all stock ideas is pretty rare on Buy Hold Sell, but this happens to be one of those moments.

Matthew Kidman hosts a discussion with Simon Shields of Monash Investors Limited and Anthony Aboud of Perpetual Investments about uncorrelated stocks; companies whose earnings are detached from the prevailing economic situation. They include 1) Woolworths, the supermarket giant trading on 23 times earnings; 2) GrainCorp, which just demerged its malt business to try and unlock shareholder value; and 3) A2 Milk, the infant formula “ball-tearer” powering to record highs.

After politely agreeing to disagree on their prospects, Simon and Anthony each bring their favourite uncorrelated stock idea to the table before Matthew wraps up the debate with a sizzling punchline.

Notes: This episode was filmed on 6 May 2020. You can access the video or edited transcript for this Buy Hold Sell episode here. 

The ship has sailed: Iceberg ahead?

The ship has sailed: Iceberg ahead?

May 12, 2020

It’s becoming increasingly evident among Livewire readers and contributors that a new bull market has been forged in the depths of one of the worst event-driven crises in history. Day-by-day, the conversation is gravitating towards how high the market will rise as opposed to when it will re-test the bottom.

In this extended discussion, Anthony Aboud of Perpetual Investments and Simon Shields of Monash Investors discuss how they’re navigating a market that’s so difficult to price given the level of economic uncertainty. They debate topics including the bearing of interest rates on stock prices, the downside and upside risks investors aren’t pricing in, and the types of companies to own in this environment. They cap off the discussion with 4 stock ideas they like right now.

Notes: This episode was filmed on 6 May 2020. You can access the video and edited transcript for this Buy Hold Sell episode here.

Buy Hold Sell: 5 value stocks set to prosper in a bear market

Buy Hold Sell: 5 value stocks set to prosper in a bear market

May 8, 2020

Value stocks have been long forgotten. But during this bear market, will they be remembered by investors and come back into vogue?

In this episode of Buy Hold Sell, Simon Shields from Monash Investors and Anthony Aboud from Perpetual Investments join Matthew Kidman to talk all about the potential resurgence of value stocks and their future prospects. They are: 1) Telstra, an old Australian favourite with potential for a 4-5% yield; 2) JB HI-FI, a retailer who is winning throughout the covid crisis; 3) AP Eagers, the biggest car dealership in Australia, whose stock price has more than halved in the last 12 months. Simon and Anthony also reveal two of their own stocks that are both compelling and of good value.

Notes: This episode was filmed on 6 May 2020. You can access the video and edited transcript for this Buy Hold Sell episode here.

 

Buy Hold Sell: 5 ex-20 stocks ready to roar

Buy Hold Sell: 5 ex-20 stocks ready to roar

May 1, 2020

A handful of stocks outside the ASX 20 have proved especially popular during the COVID-19 induced stock market rout and (contentious) recovery, according to data provided by Sharesight.

In this episode, Ben Rundle of NAOS Asset Management and Michelle Lopez from Aberdeen Standard Investments debate whether the stocks investors have been stockpiling are truly essential items for your portfolio. They are: 1) Altium - which recently withdrew its earnings guidance; 2) EML Payments - down ~60% from its peak as lockdowns smash discretionary and business spending; 3) Sonic Healthcare - a key player in coronavirus testing but off 25% from its all-time high. Michelle and Ben also present their two favourite ex-20 growth stocks being materially underappreciated by the market.

You can access the video and edited transcript for this Buy Hold Sell episode here.

Notes: Altium, EML and Sonic Healthcare were among Sharesight customers' most-traded stocks from the period 1 April to 15 April 2020. This video was filmed on 22 April 2020.

Opportunity or emergency? A guide to assessing capital raisings

Opportunity or emergency? A guide to assessing capital raisings

April 25, 2020

In 2019, nobody would have expected the likes of Cochlear to hold a capital raising anytime soon, but amid a severe and sudden collapse in earnings, companies have asked investors for more than $9 billion of equity capital to survive and in some cases, thrive. In this extended interview, Michelle Lopez of Aberdeen Standard Investments and Ben Rundle from NAOS Asset Management discuss:

  • How to assess a good deal
  • The deal breakers of a capital raising
  • The structure of a capital raising
  • How to manage capital raisings in your portfolio
  • Current capital raising opportunities

On our website, we've published a table to show you equity raisings announced due to COVID-19 and the ones Michelle and Ben are participating in. You can also access the video and full transcript on that page.

Note: This video was recorded on 22 April 2020.

Buy Hold Sell: 5 pandemic-resistant growth stocks

Buy Hold Sell: 5 pandemic-resistant growth stocks

April 24, 2020

It may be a gloomy backdrop for the economy as many companies cancel their earnings guidance due to the coronavirus-driven downturn. But even in this environment, there are a handful of stocks whose earnings refuse to go into lockdown.

In this episode, Michelle Lopez from Aberdeen Standard Investments and Ben Rundle of NAOS Asset Management join Vishal Teckchandani discuss 5 businesses that can help immunise your portfolio from a cyclical slump: 1) a company benefiting from booming data consumption; 2) a tech stock bucking the guidance-scrapping trend; 3) a business providing essential services to households; 4) a WAAAX stock that keeps on chugging and 5) a small-cap riding higher usage of voice, video and messaging apps.

Note: This video was recorded on 22 April 2020. Access the full transcript (including stock codes) and podcast here.

Buy Hold Sell: 6 companies that are set to come out swinging

Buy Hold Sell: 6 companies that are set to come out swinging

April 17, 2020

In the midst of a crisis, it’s time to start thinking long term. In five years time, what companies will still be growing? Which companies have what it takes to prosper through this crisis?

In this special global equities edition of Buy Hold Sell Matthew Kidman is joined by Charlie Aitken from Aitken Investment Management and Nick Griffin from Munro Partners to debate the prospects of Nike, popular streaming service Netflix, Chinese e-commerce giant Alibaba and electric car juggernaut Tesla, along with 2 other, interesting companies that are set to soar in the long term.

Notes: This episode was filmed on 7 April 2020. You can access the video, podcast or edited transcript (containing the stock codes) for this Buy Hold Sell episode here.

Portfolio strategy: 4 ways to win in a changing world

Portfolio strategy: 4 ways to win in a changing world

April 14, 2020

The lyrics “turn and face the strange” from David Bowie’s 1971 hit song “Changes” could not be a more fitting way to describe the challenges investors are facing today. COVID-19 has raised doubts about themes that many considered structural and sound such as the desire (or need) to travel, the use of office space and the pain befalling banks and insurers as a result of low interest rates and a global economy veering into recession.

In this extended interview, Charlie Aitken of Aitken Investment Management and Nick Griffin of Munro Partners discuss the big changes occurring in consumer behaviour and markets as well as “dead-end streets” – as Bowie put it - to avoid. They also share 4 stock ideas; companies with “fortress balance sheets” set to emerge even stronger on the other side.

Notes: This episode was filmed on 7 April 2020. You can access the video, podcast or edited transcript (which includes the stock codes) for this episode here.

Buy Hold Sell: 6 international stocks for the coronavirus economy

Buy Hold Sell: 6 international stocks for the coronavirus economy

April 9, 2020

Who knew that in 1982 when Fat Larry’s Band sang “Zoom” that it would become synonymous with the name of the A$57 billion software company that’s enabled the work-from-home era? Despite mass-lockdowns, Zoom and a bunch of other companies are seeing their share prices ‘flyin’ high in a neon sky’ amid the coronavirus economy.

 

In this global equities special, Nick Griffin of Munro Partners and Charlie Aitken of Aitken Investment Management chat to Matthew Kidman about the prospects for Zoom (NAS:ZM); media streaming app Spotify (NYS:SPOT); e-commerce and cloud titan Amazon (NAS:AMZN) and COVID-19 vaccine frontrunner Johnson & Johnson (NYS:JNJ). They also nominate 2 other high quality, reasonably priced stocks which may see ‘no turnin’ back’ down the track.

Notes: This episode was filmed on 7 April 2020. You can access the video, podcast or edited transcript (containing the ticker codes) for this Buy Hold Sell episode below here.

 

Buy Hold Sell: 5 beaten-down stocks, and 1 ‘high octane’ idea

Buy Hold Sell: 5 beaten-down stocks, and 1 ‘high octane’ idea

March 30, 2020

One of the themes that emerged from Saturday's extended interview with Ben McGarry of Totus Capital and Steve Johnson from Forager Funds was for investors to check their portfolio and evaluate the balance sheets of their holdings.

In this episode, we get Ben and Steve to put some widely-held stocks under a stress test and gauge whether they have what it takes to ride out the rapidly deteriorating economic environment. The names include Tabcorp, Carsales.com, Afterpay, G8 Education and Super Retail Group.

Steve also offers Livewire subscribers a 'high octane' stock idea that he reckons is being "dramatically mispriced". This company has government and corporate contracts, and could see a severalfold increase if it retains them and conditions bounce back.

Notes: You can access the video and edited transcript for this Buy Hold Sell episode below here: https://www.livewiremarkets.com/wires/buy-hold-sell-5-beaten-down-stocks-and-1-high-octane-idea

This episode was filmed on 25 March 2020.