Are bond-like stocks still attractive?

Livewire Exclusive

Livewire Markets

We spoke with Sam Ferraro from Evidente in early February about a group of stocks with earnings certainty – Amcor, ASX, Brambles, Ramsay Healthcare, and Coca-Cola Amatil. Since then, all except Brambles have outperformed the ASX200. Some names have pulled back recently, but he says he’s still happy to be overweight these stocks. Underlying inflation began to undershoot the RBA’s target earlier this year by up to 50bps. “Compared to other stocks, they’re reasonably expensive but relative to bonds, they’re still reasonably attractive.” He says that sovereign bonds, rather than other shares, represent the right proxy. With the prospect of interest rates remaining low, he continues to view this theme as attractive. In the video below, he discusses the ongoing shortage of high-quality infrastructure assets.


1 topic

Livewire Exclusive brings you exclusive content from a wide range of leading fund managers and investment professionals.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.