Buy Hold Sell: Searching for value in resources
Value investors love hunting for out of favour and uncrowded trades and right now sentiment towards the resources sector is rock bottom. So is there value on offer or are investors staring down the barrel of a ‘value trap’? Steve Johnson from Forager Funds and Jeremy Bendeich from Avoca look at a wide selection companies exposed to commodity markets ranging from iron ore through to gold as well as some of the mining services companies that have been tarred with the resources brush. Stocks discussed include RIO Tinto, Sirius Resources, Downer EDI, Bradken and Newcrest. We also asked each panelist if they have been able to find a stock that may have been unfairly caught up in what has been an extended downturn for the sector. Click here or on the image below to watch the latest episode of 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.