Buy Hold Sell, by Livewire Markets

Buy Hold Sell: 6 small caps on the rise

The wild world of small caps has enamoured investors and punters alike since the dawn of time. Case in point, if a friend asked you to name your best stock pick, I'm almost certain they don't want to hear about BHP - they are after a small-cap. 

These companies excite investors because their size means that they can grow multiples faster than their big cap cousins, and the lack of media coverage makes sorting through the company reports and Livewire articles all the more worth it when you find that gem. So to ease up your search, we brought in the experts. 

In this episode of Buy Hold Sell, Ally Selby is joined by Nathan Hughes from Perpetual and Mike Murray from Australian Ethical. The trio discuss four small caps on the rise, including Integral Diagnostics, Nitro Software, PEXA and Blackmores.

And to top it all off, our fundies have each brought along one small-cap with big potential.

Note: This episode was filmed on Wednesday 15th September 2021. You can read a transcribed version below: 

https://www.livewiremarkets.com/wires/buy-hold-sell-6-small-caps-on-the-rise/ 

How to uncover the next small-cap champions

It's fair to say there is something truly exhilarating about investing in a winning small-cap. And over the past 12 months, the ASX has produced a considerable few.

Battery material producers like Pilbara Minerals (ASX: PLS) and Chalice Mining (ASX: CHN) completely shot the lights out, while cancer therapy companies Imugene (ASX: IMU) and Race Oncology (ASX: RAC) similarly impressed. Meantime, the S&P/ASX Small Ordinaries has lifted 27.3% over the past year, and 12% in 2021 alone.

In our latest Buy Hold Sell thematic, Perpetual's Nathan Hughes and Australian Ethical's Mike Murray join Livewire's Ally Selby as they sift the local small-cap sector and open their stock selection playbooks.

Nathan points to decarbonisation plays like copper as a sector that has him excited, as well as some of the more mature retailers as an area of opportunity. However, it's healthcare and tech that really revs Mike's engine.

If that's not enough, our fundies also provide you with some helpful tips on sorting the duds from the darlings within the small-cap arena, including the red flags they believe you should watch out for. Plus, they also name two companies each that are capable of becoming the champions of the ASX over the years to come.

Note: This episode was filmed on Wednesday 15th September 2021. You can read an edited transcript below:

https://www.livewiremarkets.com/wires/how-to-uncover-the-next-small-cap-champions/ 

Buy Hold Sell: 5 stocks for the reopening

Wasn’t the reopening trade a 2020 thing? Perhaps for some, but not so for us down here in the Lucky Country. 

With mid-October flagged as the reopening date, the anticipation is palpable. And no wonder! Melbourne is now on track to break the world record for most days spent in hard lockdown.

But with vaccination rates marching higher and warmer weather on the forecast, now seems like a good time to dust off the reopening trade ideas.

In this episode of Buy Hold Sell, Ally Selby asks Perpetual’s Nathan Hughes and Australian Ethical’s Mike Murray to share their views on five ways to play an economy ready to reopen.

And there is one stock, in particular, that has them excited. 

Note: This episode was filmed on Wednesday 15th September 2021. You can read an edited transcript below:

https://www.livewiremarkets.com/wires/buy-hold-sell-5-stocks-for-the-reopening

Buy Hold Sell: 5 of your most searched stocks

The stocks you actually care about on Buy Hold Sell? Who said you can't have your cake and eat it too...

In this episode, we crunched the numbers on your most searched stocks for the month of August and put them to Chris Stott from 1851 Capital and James Gerrish from Market Matters for their thoughts on these reader favourites.

These include machine learning product provider Appen, a darling-turned-dud of the ASX; Afterpay, the Australian success story about to take the global stage; A2 Milk, which has struggled during the COVID-19 crisis; Dusk Group - perhaps you all really love candles? And Pilbara Minerals, the lithium producer with an electric 578% share price rise over the past 12 months.

And while Chris and James tended to agree on the majority of these stocks. There are two, in particular, that have them divided.

Note: This episode was filmed on Wednesday 1st September 2021. You can read an edited transcript below: https://www.livewiremarkets.com/wires/buy-hold-sell-5-of-your-most-searched-stocks/

Two standout stocks and why the ASX will push higher

Interest rates aren't going anywhere anytime soon, and Australia is still awash with accommodative fiscal and monetary policy. 

And while the S&P/ASX All Ordinaries is already up 12.42% year to date, our fundies in this week's thematic episode of Buy Hold Sell believe that the ASX can continue to storm even higher over the coming 12 to 18 months. 

Centennial Asset Management's Matthew Kidman is joined by Market Matter's James Gerrish and 1851 Capital's Chris Stott for this ripper of an episode, where they explain why this August reporting season has left them feeling resoundingly bullish. 

"That's probably a scary thing to say; it scares me a little bit. But from what I have seen I think we should maintain a bullish stance," Gerrish says. 

Our fundies also discuss two standout stocks from earnings season, as well as how they are positioning their portfolios for the months ahead. 

Note: This episode was filmed on Wednesday 1st September 2021. You can read an edited transcript below:

https://www.livewiremarkets.com/wires/two-standout-stocks-and-why-the-asx-will-push-higher

Buy Hold Sell: 5 big movers and 2 under-the-radar results

When it comes to movers and shakers, the Aussie reporting season has delivered on all fronts. 

A surprise 141% dividend increase and an impressive jump in earnings from WiseTech saw its share price skyrocket 28.5% on the day it reported, while the announcement of a long-awaited new product saw Nanosonics share price soar around 21.9% in just one day. Meantime, RedBubble shareholders were likely popping bottles after its share price lifted 19% on reporting day, and another 16% the day after.

But August's reporting season wasn't just champagne and caviar. In fact, there were some equally disappointing results for shareholders. Online retailer Kogan's saw its share price fall 15.8% on the day it reported, while Monadelphous Group suffered a 14.4% beating. Yikes! 

In this episode of Buy Hold Sell, Centennial Asset Management's Matthew Kidman is joined by two of the industry's best; Chris Stott from 1851 Capital and James Gerrish from Market Matters, to take a look at the movers and shakers from this reporting season. 

Plus, they each share one company with a stellar result that flew under the market's radar. 

Note: This episode was filmed on Wednesday 1st September 2021. You can read an edited transcript below: 

https://www.livewiremarkets.com/wires/buy-hold-sell-5-big-movers-and-2-under-the-radar-results/

Buy Hold Sell: 5 stocks the brokers are backing

While people may debate the independence of broker research, one thing they do boast is access. Access to company management, to information and data that you may not be able to get your hands on, like expensive FactSet or Bloomberg terminals, analyst reports and free lunches, to name a few.

And while the old proverb states that there truly is no such thing as a free lunch, our brokers may have a leg up when it comes to company analysis.

So, in this episode of Buy Hold Sell, we've invited Airlie's Emma Fisher and Sage Capital's Kelli Meagher to share their thoughts on five stocks the brokers are backing.

These include Star Entertainment Group, Bapcor, James Hardie, Ansell and Metcash, all of which receive resounding "buys" or "strong buys" from Australia's sell-side.

But will our fundies agree? You'll just have to watch the episode to find out.

Note: This episode was filmed using Zoom on the 18th of August 2021. You can read an edited transcript below:

https://www.livewiremarkets.com/wires/buy-hold-sell-5-stocks-the-brokers-are-backing/

Finding the value in growth stocks

Despite rising bond yields through most of 2020, continued low interest rates have underwritten record valuations across markets. Meanwhile, rampant M&A activity is highlighting private markets’ confidence that favourable economic conditions will continue - in contrast to public investors' views that PE ratios are too high. 

For investors looking for growth, it seems that frothy valuations are the norm. And while this trend may be fuelled by continued favourable economic policy, that doesn't mean one should be valuation agnostic.

Emma Fisher from Airlie Funds Management and Kelli Meagher from Sage Capital agree that finding growth at a reasonable price is a challenge in today's environment - but not impossible. In this Buy Hold Sell thematic discussion, James Marlay investigates the economic factors driving current valuations, how to identify growth names at an appropriate price and two names that our guest fundies think ticks these boxes.  

Note: You can read an edited transcript below: 
https://www.livewiremarkets.com/wires/finding-the-value-in-growth-stocks

Buy Hold Sell: 5 durable growth stocks for your back pocket

There are a few things in life we all love with reckless abandon. That first sip of a cold drink on a warm summer's day, puppies, travel (minus the flights and/or traffic jams), and growth stocks. 

And before you say, "But I love traffic jams" or "I prefer cheap stocks": surely even value investors love watching their undervalued stocks grow to new heights? (As to traffic jams, really?). 

In this episode of Buy Hold Sell, we put three popular growth darlings to the test. These include radiology IT software provider Pro Medicus, Australia's #1 employment marketplace SEEK, and global gambling company Aristocrat Leisure. 

Plus, Sage Capital's Kelli Meagher and Airlie Funds Management's Emma Fisher share two stocks that they believe can deliver double-digit earnings growth over the years ahead. 

It's enough to put a smile on even our traffic jam lover's face.  

Note: This episode was filmed using Zoom on the 18th of August 2021. You can read an edited transcript below:

https://www.livewiremarkets.com/wires/buy-hold-sell-5-durable-growth-stocks-for-your-back-pocket/

Buy Hold Sell: 5 long-term compounders with dividends for days

There are some topics that irrefutably divide the nation. The State of Origin, Vegemite, hipsters, for instance, or the existence of Australia's most dangerous marsupial, the drop bear.

One thing we can all agree on, however, is our love of dividends and earnings growth. 

In fact, the best performing episodes of Buy Hold Sell have covered these very topics, albeit separately. So, in a time where we can't enjoy the pleasures of life other than those within the walls of our homes, we here at Livewire are giving the people what they want. 

In this episode, Livewire's Ally Selby is once again joined by Plato's Dr Don Hamson and Merlon Capital's Neil Margolis for a look at five long-term compounders with annual dividend yields ranging from around 2-6%. 

And while our fundies certainly don't agree on everything, there is one stock, in particular, that holds a safe place in both of their back pockets. 

Note: This episode was filmed using Zoom on the 4th of August 2021. You can read an edited transcript below.

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