3 companies investing in growth

Rhett Kessler, Senior Fund Manager at Pengana says that he observed several companies during reporting season that decided to avoid the “sugar hit” of paying out more dividends and instead take the path of re-investing in the business. “Not only were we praising it and wanting more, but the market offered us stock at a nice discount (as they were punished for not paying out more to shareholders). We took advantage of those.” Watch the short video here: