Credit Suisse have released a report identifying what they believe will be the most profitable equity market strategy over the coming years. In short correctly identifying the high-yielding stocks of tomorrow with a view to selling them to income-hungry, self-managed super funds paying top dollar. Whilst the high yielding plays of tomorrow might still fall into the too risky or too volatile basket now, they could attract a significant premium in a few years time. Credit Suisse analysts Hasan Tevik and Damien Boey identified 11 companies forecast to raise dividends and recommended buying these companies now in anticipation of selling to less risk- tolerant investors like selfies later. Caltex, Fairfax, Flight Centre, Myer and Perpetual were identified as standouts with Alumina, BlueScope Steel, Regis Resources, Sigma Pharmaceuticals, Transpacific Industries and UGL rounding out the list. Full article in The Australian Financial Review: (VIEW LINK)
Nice strategy. The next bubble to burst - SMSFs.
I suspect it may be a little tongue in cheek