Buy Hold Sell: 5 global value gems

Buy Hold Sell

Finding value in Australia can be tough. With so few major companies, and so many fund managers hunting for the best ideas, value can disappear as quickly as it arrives. By way of illustration, the world’s largest company (Apple) currently trades on a lower multiple than Amcor or Brambles. In Europe, you can buy a world-leading automotive business for only six times earnings.

To separate the value from the traps, we asked global specialists, Chad Slater from Morphic Asset Management and Nathan Bell from Peters MacGregor, for their take on three global megacaps. They also bring along two lesser known names that they think offer compelling value at the current price.

Stocks discussed:

  • With a $1 trillion market cap and cash reserves the size of Australia, the US, and Norway combined, can Apple (NASDAQ: AAPL) possibly offer value to investors?
  • With the dual tailwinds of rising interest rate and a recovering housing market, Bank of America (NYSE: BAC) looks well placed, but is the price right?
  • Could BMW (ETR: BMW) be the company that takes Tesla’s market share? At just six times earnings, it appears a lot of bad news is already priced in.

More global stocks

  • In last week’s Buy Hold Sell, Chad and Nathan shared their view on five global disruptors
  • In this week’s Thematic Discussion, our panellists took a big-picture look at offshore investing.

Buy Hold Sell

Buy Hold Sell is a weekly video series exclusively available through Livewire. In each episode two fund managers are asked for their views 'Buy, Hold or Sell' on five ASX listed companies. The format is meant to be short, sharp, insightful and...

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