Buy Hold Sell, by Livewire Markets

Buy Hold Sell: Copper's time has finally come (and 2 big buys)

For years, experts have predicted a coming surge for copper. BHP, for instance, believes that copper demand will grow by around 70% to over 50 million tonnes (Mt) a year by 2050. For context, the total copper demand in 2023 was 31 million tonnes. 

But copper prices haven't really gone anywhere over the last three years - sitting at around the mid-US$4 level since November 2021. 

According to today's guests, slowing global economies has had a dampening effect on demand and kept copper prices suppressed at these levels. But looking out over the next five to 10 years, that demand will increase - meaning, it will be very hard for supply to keep up. The Fed's recent 50 bp rate cut is a catalyst - and supply shortages mean this theme won't last for 18 months or two years but for many years to come. 

So, in this episode, Money of Mine's Matt Michael was joined by Perennial's Sam Berridge and Argonaut's David Franklyn for their answers to the big copper conundrum. 

They analyse three copper stocks listed locally in Australia - including Sandfire Resources (ASX: SFR), Metals Acquisition (ASX: MAC) and Evolution Mining (ASX: EVN). 

Plus, they both name two big BUYS in the copper space that they are bullish on today. 

Note: This episode was recorded on Thursday 19 September 2024. You can read an edited transcript below.

https://www.livewiremarkets.com/wires/buy-hold-sell-copper-s-time-has-finally-come-and-2-big-buys 

Buy Hold Sell: 5 uranium stocks as prices bottom out

Uranium prices have cascaded 23% since hitting a high early in the year, now trading at around US$81/lb. However, Argonaut's David Franklyn believes this is a "pretty good long-term price" - arguing that while demand growth will be substantial, supply will eventually kick in. 

Despite that, some of the ASX's uranium darlings have still had a pretty impressive 12 months, with Paladin Energy and Deep Yellow, for instance, up 16% and 27% respectively year to date. That said, other plays, like Boss Energy, have not had a good year - with its share price plummeting 22% in 2024. 

So, where are fundies seeing value and which uranium stocks should investors be avoiding? 

To find out, Money of Mine host Matt Michael was joined by Franklyn and Perennial's Sam Berridge for their analysis of their uranium market, where they believe prices could be headed, as well as some key learnings following the World Nuclear Association symposium.

Plus, they also provide their views on a couple of uranium stocks and name two they would label "buys" today. 

Note: This episode was recorded on Thursday 19 September 2024. You can read an edited transcript below.

https://www.livewiremarkets.com/wires/buy-hold-sell-5-uranium-stocks-as-prices-bottom-out 

Buy Hold Sell: Gold soars to new highs - but fundies are selling these 2 stocks

Gold prices are trading at all-time highs, with the yellow metal soaring more than 38% over the last 12 months alone. The "safe haven" commodity's price has been driven by continued economic uncertainty, rising geopolitical tensions, a weakening US dollar, and net purchases of gold by global central banks - particularly emerging market central banks in Asia. 

But can gold prices continue even higher from here? And if so, which ASX-listed players are likely to benefit? 

To find out, Livewire has handed over the reins to our friends in Perth, Money of Mine, for their specialist knowledge of the resources sector. 

Host Matt Michael sits down with two Perth-based fund managers with their ears to the ground on all things resources stocks - Perennial's Sam Berridge and Argonaut's David Franklyn. 

In this episode, they analyse the lay of the land when it comes to gold, their preferred exposures in terms of established players versus juniors for greater gold price leverage, and share the stocks they would be selling despite the stellar run in prices. 

Note: This episode was recorded on Thursday 19 September 2024. You can read an edited transcript below. 

https://www.livewiremarkets.com/wires/buy-hold-sell-gold-soars-to-new-highs-but-fundies-are-selling-these-2-stocks/

Buy Hold Sell: 5 stocks boosting their dividends over the next 2 years

Investors love a dividend. Not only do they help provide investors with passive income during even the rockiest periods in markets, but they also make up a significant portion of Australian investors' total return over the long term. 

While the current outlook for dividends for the Aussie market may not be super hot, some stocks are boosting their dividend payouts over the next 24 months. 

So in this episode, Livewire's Ally Selby was joined by Ausbil Investment Management's Michael Price and Martin Currie's Reece Birtles for their analysis of three stocks with strong dividend per share growth expectations in both 2025 and 2026. 

Plus, they each share a stock they are buying today given its strong dividend growth expectations in the future. 

Note: This episode was recorded on Wednesday 11 September 2024. You can read an edited transcript below.

https://www.livewiremarkets.com/wires/buy-hold-sell-5-stocks-boosting-their-dividends-over-the-next-2-years/ 

Buy Hold Sell: How to maximise your income on the ASX

Let’s face it: We’re all capable of being mesmerised by headlines.

Whether it's a cracking headline on Livewire or an attractive headline price at the shops ($199 is always more appealing than $200), we’re often reluctant to read the fine print or understand what’s going on beneath the surface.

But that reluctance can get you into trouble, particularly when it comes to income investing.

There is a point at which a headline yield starts to look more like a pitfall than a probability and there are ways to construct portfolios that maximise the income opportunity.

If you’re wondering what that point is, then wonder no more. On today’s episode of Buy Hold Sell, Michael Price from Ausbil and Reece Birtles from Martin Currie share with Livewire's Ally Selby the number at which a dividend yield becomes a red flag.

They also share the factors they look for when hunting for great income stocks and, of course, a couple of opportunities they particularly like right now. 

Note: This episode was recorded on Wednesday 11 September 2024.

Buy Hold Sell: 5 stocks slashing their dividends

While the August reporting season was mixed itself, the dividend outlook isn't so rosy. 

Companies are hoarding their cash, with the payout ratio of the Australian market falling from 62% pre-COVID to 53% today, according to Martin Currie. 

The dividend yield for the Australian stock market has also fallen in recent years, with the All Ords now yielding 3.70% compared to the historical average of 4.07%.  

So, should investors still hold companies that have announced they will be cutting their dividends or slashing them completely? 

To find out, Livewire's Ally Selby was joined by Martin Currie's Reece Birtles and Ausbil Investment Management's Michael Price for their analysis of three stocks that have done exactly that. 

Plus, for a little bit of a challenge, we asked our guests to name a stock they are buying today despite announcing they would be cutting or culling their dividends at their August reports.

Note: This episode was recorded on Wednesday 11 September 2024. You can read an edited transcript below. 

https://www.livewiremarkets.com/wires/buy-hold-sell-5-stocks-slashing-their-dividends/ 

Buy Hold Sell: 3 stocks that have been smashed (and 2 big buys)

If you feel like your portfolio has taken a hit over the last month, spare a moment of silence for shareholders in stocks like Johns Lyng Group, Audinate, Tabcorp, Megaport, A2 Milk, Kelsian, Mineral Resources, EML Payments, Yancoal, Star Entertainment, Cettire, Liontown, Neuren Pharmaceuticals, Red Hill Minerals, and Boss Energy. 

All in all, 117 companies in the All Ords shed more than 10% during the month, 29 saw their share prices fall more than 20%, and eight tumbled more than 30%. For context, the All Ords itself ended the month pretty much flat. 

So, in this episode, Centennial Asset Management's Matthew Kidman was joined by First Sentier Investors' David Wilson and Medallion Financial's Michael Wayne for their analysis of three stocks that have been smashed over the past month in the hunt for some value on the ASX. 

Plus, the fundies also name two stocks they believe have serious upside ahead of them.  

Note: This episode was recorded on Tuesday 27 August 2024. You can read the transcript below. 

https://www.livewiremarkets.com/wires/buy-hold-sell-3-stocks-that-have-been-smashed-and-2-big-buys 

The best and worst results this reporting season

Just like the leaders and losers of the ASX 200 in 2024, the August reporting season has been a tale of two halves. 

According to FNArena's corporate results monitor, 36% of companies have missed analyst expectations this results season, while 30.4% have delivered beats. 33.7% of companies delivered results that were in line with analyst expectations. Unsurprisingly, there have been more downgrades than upgrades over the past month. 

So, to help you digest the good, bad and (let's face it, mostly) ugly of the FY24 earnings season, Centennial Asset Management's Matthew Kidman was joined by Medallion Financial's Michael Wayne and First Sentier Investors' David Wilson. 

They analysed some of the recurring themes that emerged over the last month, revealed whether they have made any portfolio changes in light of these, and named some of the companies that really impressed with their results. 

Plus, they share the company that they think had the worst result this August. 

Note: This episode was recorded on Tuesday 27 August 2024. You can read an edited transcript below. 

https://www.livewiremarkets.com/wires/the-best-and-worst-results-this-reporting-season/ 

Buy Hold Sell: 5 solid results the market missed

We've seen some real whiplash market moves this reporting season. Take Megaport, for instance, which fell 21% in one trading day. Or Audinate, which fell 36% on its preliminary results. Or, on the other side of that, WiseTech, which soared more than 18% on its stellar report.

But what about the stocks that didn't move, or hardly moved at all - despite releasing solid results this reporting season?

In this episode of Buy Hold Sell, Centennial Asset Management's Matthew Kidman was joined by First Sentier Investors' David Wilson and Medallion Financial's Michael Wayne for their analysis of three stocks that did just that.

Plus, they named two solid results that believe could make major market moves in the next few months.

Note: This episode was recorded on Tuesday 27 August 2024. You can read the edited podcast below. https://www.livewiremarkets.com/wires/buy-hold-sell-5-solid-results-the-market-missed 

Buy Hold Sell: 5 stocks spewing out a hell of a lot of cash

Cash flow is a great measure that allows investors to get a good look at how well a company is balancing its earnings against its expenses.

Companies with positive and growing cash flows can hire talented people, invest in innovation, make acquisitions, buy back shares and pay dividends. And there are a few companies on the ASX that are currently spewing out a LOT of cash.

So, in this episode, Livewire's Ally Selby was joined by Perpetual's Nathan Hughes and Hayborough's Ben Rundle for their analysis of three highly cash-generative stocks. Plus, they each name two cash flow kings of their own.

Note: This episode of Buy Hold Sell was recorded on Wednesday 14 August 2024. You can read an edited transcript below.

https://www.livewiremarkets.com/wires/buy-hold-sell-5-stocks-spewing-out-a-hell-of-a-lot-of-cash