Tech Down Under | Leadership change puts techies back in the spotlight

Slowing global growth continues to support the outperformance of the new economy over the old economy. MITCH stocks are expected to continue to outperform the market while MITCH small caps offer the best risk/return profile. The changes in domestic political leadership and reshuffling of the cabinet are seen as positive for the sector which has the potential to deliver innovation and job growth. M&A outlook for the sector has substantially improved due to relative discount to US counterparts, falling currency and government leadership change. MITCH Large Cap Multifactor Top Ten Picks: JBH, EGP, FXJ, CSL, REA, HVN, RMD, CWN, CPU and ALL. MITCH Large Cap Growth Top Ten Picks: CSL, REA, DMP, CAR, COH, TPM, ALL, RMD, JBH and TLS. MITCH Small Cap Multifactor Top Ten Picks: DNA, NXT, DSH, TRS, SGN, HIL, WEB, KMD, MYX and GEM. MITCH Small Cap Growth Top Ten Picks: NXT, IPP, IFM, SRX, TNE, RKN, FPH, MTU, ALU and GBT. (VIEW LINK)