Buy Hold Sell: Offshore earners under pressure
In this episode of Buy Hold Sell, we look at stocks that generate their earnings offshore. These earnings have been squeezed as the local currency rallied 10% against the greenback. We ask two fund managers if they think this shift presents an opportunity to pick up quality business at lower prices.
Panel: Matthew Kidman from Centennial Funds is joined by Ben Rundle from NAOS Asset Management , and Sam Granger from Totus Capital
Key points:
- Boral: Capital intensive, High PE, Headwaters give good exposure to infrastructure but stock is expensive.
- James Hardie: Peers in US have reported strongly, and James Hardie has been taking market share. However also has had operational issues, and management turnover.
- Ansell: High ROE, good track record, buyback is coming.
- Each of the panelists puts forward their top pick for exposure to offshore earnings.
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You can access more great market insights from Buy Hold Sell on the outlook for 5 well-known rollup companies, and also 5 companies changing the landscape.
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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.
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Livewire Markets
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.
Expertise
Livewire Markets
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.
Expertise
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