In this week’s episode of Buy Hold Sell, Ben Clark from TMS Capital and Alex Leyland from Leyland Private Asset Management share their view on three stocks that surprised to the upside this reporting season.
- Janus Henderson is trading at about 14x earnings while growing at around 5%. This compares favourably to its competitors.
- The earnings growth outlook for CIMIC is weak, yet the stock is trading at around 20x earnings. Could be vulnerable to a pullback in infrastructure spending on the east coast.
- Packaging manufacturers like are “infallible to disruption” and demand a premium for the defensiveness, but Orora looks fully priced at the moment.
- Ben Clark from TMS Capital singled out Challenger as an underappreciated result. Challenger benefits from structural growth, has strong management, while the relationship with MS Primary in Japan provides long-term upside.
- Alex Leyland shares one result that stood out to him this reporting season.
Not an existing Livewire member?
Register here to enjoy the benefits of Livewire's free membership including:
- First access to exclusive interviews with leading fund manager and advisors
- Discover new investment opportunities and products
- Receive the Trending on Livewire morning note featuring the top articles each day.
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...