Buy Hold Sell: Fallen Angels
When stocks are sold off widely as we’ve seen lately, there’s always some which are unjustly caught up in the malaise. In amongst the negativity and fear, it is difficult for investors to separate the wheat from the chaff. Magellan has been one of the top performers on the ASX for a number of years now, if you were lucky enough to invest in September 2011, you could’ve made 1675%… plus dividends! Likewise, Ramsay Health Care has consistently outperformed over the past decade but has been sold off in recent months. Origin Energy, once a market darling, has fallen 66% in the last year - has it fallen too far? We also asked our contributors for one stock they think has been oversold. Join Steve Johnson and Roger Montgomery in this latest episode of Buy Hold Sell.
4 stocks mentioned
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.