Eight small to mid cap stocks to buy in August

Earnings take centre stage in August presenting investors with an opportunity to take stock of how companies have performed over the uncertain macro backdrop. Most companies will report FY16 results and provide an outlook for FY17. We think the market will largely look past the last 12 months and focus on what lies ahead. Key to markets edging higher will be strong statements from management confirming an improvement in the operating environment. This month we make four changes to our ex100 stock picks. We remove RCG and APN Outdoor (taking profits following strong share price performance) and we add PWR Holdings and Catapult Sports. Here are our eight ex 100 stock picks for August: (VIEW LINK)