Buy Hold Sell, by Livewire Markets

The best of reporting season (and some absolute shockers)

Over the past few months, the ASX has sailed through turbulent seas, with headwinds such as rising rates, a Russian war, and now a rain bomb over the east coast of the country, sinking the bourse more than 6% since the beginning of the year.

And of course, who can forget reporting season. As Centennial Asset Management's Matthew Kidman put it, it was "explosive".

So in this episode, Firetrail Investments' Blake Henricks and abrdn's Michelle Lopez analyse some of February's best and worst results. Plus, they also share whether they are picking over the wreckage for some oversold gems (spoiler: they are).

Note: This episode of Buy Hold Sell was shot on Tuesday 1st March 2022. You can read an edited transcript below:

https://www.livewiremarkets.com/wires/the-best-of-reporting-season-and-some-absolute-shockers/ 

Buy Hold Sell: 3 quality results and 2 that disappointed

We did it. We survived reporting season. And what a season it was. Value stocks far outperformed growth, as the reality of rising rates became very real. Meantime, financials lifted on these very same fears, while commodity-related miners also soared, pushed higher by the Russian invasion of Ukrainian. 

But on an idiosyncratic level, there were a number of surprises that delivered on the upside. Think Treasury Wines, which somehow redistributed its fine bottles of plonk despite losing business in China, or wealth platform HUB24, which managed to shoot the lights out when its competitors disappointed. And who can forget new market entrant Endeavour Group (and a recent Woolworths demerger), which was bid up more than 10% following its surprisingly smashing result.

In this episode, Centennial Asset Management's Matthew Kidman was joined by abrdn's Michelle Lopez and Firetrail Investments' Blake Henricks for their thoughts on these three high-quality results. 

Plus, for good measure, we also asked them to name one stock that massively disappointed this February reporting season. You won't want to miss this one. 

Note: This episode of Buy Hold Sell was shot on Tuesday 1st March 2022. You can read an edited transcript below:

https://www.livewiremarkets.com/wires/buy-hold-sell-3-quality-results-and-2-that-disappointed/ 

Buy Hold Sell: 5 long-term compounders

Ah, growth stocks. The darlings turned duds of the market. Would these long-term compounders have fallen out of favour with investors if it had not been for dreaded market kryptonite, or as the experts call it, inflation? Likely not. 

That said. Inflation is very much real. And rates are very much rising. Subsequently, over the past six months, local high-PE indices like the S&P/ASX All Technology Index and the S&P/ASX 200 Health Care Index have fallen approximately 27% and 15%. Yikes. 

But on a stock by stock level, particularly among investor favourites, losses have been far, far worse. Look as far as buy-now-pay-later darlings, like Zip Co and Afterpay (now Square), which have seen their share prices plummet. Or healthcare staples Resmed and CSL, also deeply in the red. 

So as a wise Justin Timberlake once said, in this episode, we are "bringing sexy back" to growth stocks. 

Livewire's James Marlay was joined by Monash Investors' Shane Fitzgerald and WILSONS' John Lockton for their analysis of three sustainable growers. 

Plus, they also each name one stock with long-term compounding potential that looks attractively priced today. 

Note: This episode of Buy Hold Sell was shot on Wednesday 16th February 2022. You can watch read an edited transcript below:

https://www.livewiremarkets.com/wires/buy-hold-sell-5-long-term-compounders/

How to turn the inflation headwind into a tailwind

In our recent reader survey conducted at the end of 2021, investors just like you (and perhaps, even you yourself), told us that inflation was their number one concern for markets in 2022.

In fact, ABS research shows that easing COVID-19 restrictions have resulted in the largest increase in fuel prices in 30 years, while supply chain challenges continue to weigh heavily on various parts of the market.

Think anything from technology, which has seen its benchmark plummet more than 25% since mid-November, to food and domestic goods, which have both seen prices skyrocket (it may surprise some to learn that butchers and restaurants are seeing up to 30% price increases for prime cuts of beef).

So how can you turn this inflationary headwind into a tailwind for your portfolio? Glad you asked.

In this episode, Livewire's James Marlay was joined by Monash Investors' Shane Fitzgerald and WILSONS' John Lockton for a deep dive on inflation. They discuss everything from how concerned you actually should be about what some dub the market's kryptonite, to the sectors and stocks that could actually benefit from inflation over the months to come.

Note: This episode of Buy Hold Sell was shot on Wednesday 16th February 2022. You can read an edited transcript below:

https://www.livewiremarkets.com/wires/how-to-turn-the-inflation-headwind-into-a-tailwind/ 

Buy Hold Sell: 3 stocks that smashed expectations (and 2 the market missed)

The S&P/ASX 200 has lifted nearly 5% in February after what was irrefutably a disastrous start to 2022, with stocks small and large smashing expectations to drive the benchmark higher.

So in this episode, Livewire's James Marlay was joined in the studio for the first time this year by Shane Fitzgerald from Monash Investors and John Lockton from WILSONS for their analysis of three stocks that crushed expectations.

Plus, they also name a company that released a stellar first-half earnings result that was underappreciated by the market so you can add it to your watch list.

Note: This episode of Buy Hold Sell was shot on Wednesday 16th February 2022. You can read an edited transcript below:

https://www.livewiremarkets.com/wires/buy-hold-sell-3-stocks-that-smashed-expectations-and-2-the-market-missed/ 

Buy Hold Sell: 6 beaten-down stocks ready for a rebound

It was 18th-century British banker and politician Baron Rothschild who famously said investors should "buy when there’s blood in the streets, even if the blood is your own." 

In plain English, when everyone is selling - and much of the Index is in the red - can be a great time to be buying shares at a bargain. 

And while the laws of behavioural economics, particularly herd mentality, suggest this may be easier said than done, purchasing stocks at a lower price is well documented to increase the potential for future returns. 

So in this episode, Livewire's Ally Selby was joined by Elston Asset Management's Bruce Williams and Investors Mutual Limited's Simon Conn for their analysis of four of the S&P/ASX 200's most beaten-down stocks in 2022. 

Plus, our fundies also share two stocks that have been caught up in the recent sell-off that they believe are poised for a rebound over the year ahead. 

Note: This episode of Buy Hold Sell was shot on Wednesday 2nd January 2022. You can read an edited transcript below:

https://www.livewiremarkets.com/wires/buy-hold-sell-6-beaten-down-stocks-ready-for-a-rebound/

How to rotate your portfolio like a pro in 2022

COVID-19 was (and is) irrefutably a curse to the global society, but as it would turn out, it also became a blessing to many investors' portfolios. 

Who can forget the great rotation opportunities presented to investors over the past two years? For starters, there was the rotation into "stay at home" winners, with growth and tech stocks taking the lion's share of the world's investible dollars. 

Then, as we all know, the "reopening play" took centre stage, with many of the beaten-down stocks from the first few months of the pandemic enjoying their time in the spotlight. 

After that, there was a rotation into the "inflation beneficiaries" and a rotation out of tech. And now, what can only be described as genuine market panic, as investors rush to sell down stocks in anticipation of rising rates. 

So are rotation opportunities still alive and well in 2022, despite the volatility that we can only assume awaits? Our investing pros certainly think so (phew!). 

In this episode, Livewire's Ally Selby was joined by Elston Asset Management's Bruce Williams and Investors Mutual Limited's Simon Conn for a deeper look at their portfolio positioning over the year ahead. 

They'll share the sectors they are avoiding, the sectors they are overweight, and of course, a few stocks that have caught their attention as potential winners over the months to come.

Note: This episode of Buy Hold Sell was shot on Wednesday 2nd January 2022. You can read an edited transcript below:

https://www.livewiremarkets.com/wires/how-to-rotate-your-portfolio-like-a-pro-in-2022

Buy Hold Sell: 5 stocks for weathering stormy markets

2022 has started off with a bang, and not in the way investors would have hoped. The S&P/ASX 200 has fallen around 7% since the beginning of the year, while the Small Ordinaries has dropped more than 9%. 

So in this episode, Livewire's Ally Selby was joined by IML's Simon Conn and Elston's Bruce Williams for their analysis of three all-star Aussie companies that could help investors navigate the volatility ahead, including Cochlear, Nine Entertainment and Seek. 

And for an added bonus, we asked them to select one stock that they each believe can help investors sail through the stormy seas of 2022. 

Note: This episode of Buy Hold Sell was shot on Wednesday 2nd January 2022. You can read an edited transcript below:

https://www.livewiremarkets.com/wires/buy-hold-sell-5-stocks-for-weathering-stormy-markets/

Buy Hold Sell: The hottest global stocks for 2022

Investing in global stocks opens up a world of opportunities, literally. For instance, the MSCI World Index returned an impressive 22.35% last year, while your top 10 global stock picks for 2021 pulled in a respectable 14.59% (outperforming both your Aussie large and small-cap favourites, and by a long shot). 

Our readers aren't sticklers for change, it seems. Only Disney and NIO fell out of favour with investors this year, replaced by semiconductor companies Nvidia and ASML. 

But they say if it ain't broke, don't fix it. After all, most of these stocks have enormous market caps, and they grew that large for a reason. 

In this episode, Livewire's David Thornton makes his Buy Hold Sell debut alongside Alphinity Investment Management's Mary Manning and T. Rowe Price's Sam Ruiz. They analyse the hottest global stocks of 2022, and also share how they are positioning their portfolios to take advantage of the major thematic you said you would be allocating to over the year ahead; decarbonisation.  

Note: This episode of Buy Hold Sell was shot on Monday 24 January 2022. You can read an edited transcript below:

https://www.livewiremarkets.com/wires/buy-hold-sell-the-hottest-global-stocks-for-2022/

Buy Hold Sell: The 10 most-tipped small cap stocks

It's no secret Livewire readers love small caps. That said, your most-tipped smalls for 2021 took quite the tumble. These reader favourites fell 14% in a year when the benchmark, the S&P/ASX Small Ordinaries, lifted 12.75%.

This year, however, your list is uncharacteristically resources heavy. In fact, four out of your ten picks sit squarely in that sector. And with interest rates on the rise, and battery materials going from strength to strength, you could be onto a handful of winners.

In this blockbuster episode, Livewire's Ally Selby was joined by two all-star long-short managers, John Deniz from Paragon Funds Management and Josh Clark from QVG Capital. Our two fundies lend their expertise to your 10 favourite small-cap stocks, and open up about some of the major changes they have made to their portfolios in 2022.

Plus, will Bitcoin or Aussie housing outperform over the year ahead? You'll just have to watch to the end to find out.

Note: This episode of Buy Hold Sell was shot on Monday 24th January 2022. You can read an edited transcript below:

https://www.livewiremarkets.com/wires/buy-hold-sell-your-most-tipped-small-caps/