Maple Brown Abbott Managing Director Garth Rossler spoke with the AFR about some of their picks for the year ahead

Maple Brown Abbott Managing Director Garth Rossler spoke with the AFR about some of their picks for the year ahead. We like stocks that are exposed to an improving domestic economy. This has become a smaller universe of names given more recent price moves, but stocks such as Toll Holdings and Harvey Norman look good. We also see some opportunities emerging in areas such as healthcare and property trusts. Among the big miners we prefer BHP due in large part to the new management's sharp focus on cost cutting. On the flipside Rossler says Maple Brown are avoiding Financial stocks which have dominated market returns over the past few years and while conditions are likely to remain pretty benign for them in 2014, we think valuations are generally quite full, despite the allure of yield. Read more: (VIEW LINK)


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