Buy Hold Sell: 5 plays on the consumer - WES, CTX, FLT + more...

Buy Hold Sell

Livewire Markets

The Australian consumer has faced no shortage of challenges recently, between layoffs in the mining sector and the general global malaise, it’s easy to be negative. The data paints a different picture, however, with retail sales up 4% year on year in January according to the Australian Bureau of Statistics. Perhaps more surprisingly, the ANZ Roy Morgan Consumer Confidence survey recently gave a reading of 116, well above the 108.9 long-term average. There are plenty of consumer-facing stocks on the ASX for investors to take a look at, with the consumer staples and discretionary sectors making up around 11% of the ASX 200 list. In this episode of Buy Hold Sell, we asked Phil Parker from Altair and Simon Bonouvrie from Cadence for their views on Wesfarmers, Caltex and Flight Centre. Also includes 2 consumer facing stocks they find attractive.

Buy Hold Sell

Buy Hold Sell is a weekly video series exclusive to Livewire. In each episode two fund managers give their views 'Buy, Hold or Sell' on five ASX listed companies. Not recommendations, please read the disclaimer and seek advice where appropriate.

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.