TOL - 12th Mar, 2024
It's a stockpicker's market - so here are 6 ASX stocks to watch
We delve into the sectors that have caught our attention and call out a number of small cap stocks that have a big future ahead of them.
The term 'it's a stockpicker's market' gets bandied about quite a lot. It refers to a market where individual stock selection and analysis play a crucial role in investment success, as opposed to broader forces driving the action (i.e. a rising macro tide lifting all boats).
There is a perception that interest rates have reached their peak, leading to a surge in interest rate sensitive stocks. While predicting macroeconomic trends is not our specialty, James Nguyen and I prefer to focus on fundamentals and earnings, considering them as the primary factors for long-term success.
In the following interview, we explore the standout sectors and highlight a selection of stocks poised for significant growth.
Tide codes
0:00 - It's a stockpicker's market
0:43 - The companies that stood out - GWA and MA Financial
2:12 - Resources stock pick - WA1
3:19 - Which stocks were a BUY? - LIC
4:30 - Where is there value at the sector level?
5:00 - An example of value - JIN
5:39 - Sectors we are overweight
6:04 - A financial we like - SMP
6:45 - The outlook for small-caps
Managed Fund
Tyndall Australian Small Companies Fund
Australian Shares
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Tim joined Nikko in 1998 and has 24 years’ experience. He is co-portfolio manager for the Tyndall Australian Share Concentrated Strategy and has analyst responsibilities for the Energy, Healthcare and Agriculture sectors.
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4 topics
5 stocks mentioned
1 fund mentioned
1 contributor mentioned
Tim joined Nikko in 1998 and has 24 years’ experience. He is co-portfolio manager for the Tyndall Australian Share Concentrated Strategy and has analyst responsibilities for the Energy, Healthcare and Agriculture sectors.
Expertise
Tim joined Nikko in 1998 and has 24 years’ experience. He is co-portfolio manager for the Tyndall Australian Share Concentrated Strategy and has analyst responsibilities for the Energy, Healthcare and Agriculture sectors.
Expertise
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