Buy Hold Sell: 5 stocks that beat expectations
It’s that time of year! After months of macro dominated action, ASX-listed companies are reporting their earnings and showing investors what’s really going on. Expectations are the name of the game and this February it’s not just about the result but also the guidance and outlook commentary. Research has shown that stocks that beat analyst forecasts consistently outperform in the following months.
So, in this episode of Buy Hold Sell we ask Ben Rundle from NAOS Asset Management and Michael Wayne from Medallion to give you their views on three companies that have beaten expectations. We also ask them to nominate a stock they think has the potential to deliver a standout result.
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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.