Buy Hold Sell: The most tipped big caps
Welcome to the first episode of the Buy Hold Sell video series for 2018. Each Friday morning two fund managers will share their views on 5 ASX listed companies. Today we’ve pulled out the large caps that received the most votes in our 2018 reader survey. The 5 stocks covered are BHP, CSL Limited, Telstra, Macquarie Group and CBA. It’s an interesting cross section of companies and our panel delivers their views in a concise and fast paced format. Tune in as Matthew Kidman from Centennial Funds hosts Chad Slater of Morphic and John Ayoub from Wilson Asset Management in the latest exclusive brought to you by Livewire.
- BHP has become a capital allocation story, and is now showing great discipline. Worth noting that its 2019 consensus earnings are below 2018 consensus earnings, so is potentially cum upgrade.
- CSL is now on its highest PE in 5 years, right into a trend of rising rates.
- Telstra faced by growing competition in the mobile space. But perhaps all of the bad news is already in the price.
- Macquarie is in the right place, at the right time, exposed to GDP growth, and higher yields.
- CBA: Where is the earnings growth? And what happens if Labour gets in?
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 managers and advisors.
- Discover new investment opportunities and products
- Receive the Trending on Livewire morning note featuring the top articles each day.
MORE ON Equities
5 stocks mentioned
1 contributor 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.