Livewire has acquired Market Index, the country’s leader in free stock market data.
Find out why.

Morgans: Key picks in infrastructure

Livewire Equities

Livewire

There has been persistent uncertainty around the stock market and infrastructure stocks have provided a welcome haven for investors. Nathan Lead, Senior Analyst at Morgans, says there are a number of attributes that give infrastructure stocks their defensive appeal. 1) They provide essential services such as airports, toll roads, gas pipelines and are often ‘monopoly ‘ like assets 2) They tend to be insulated from the business cycle and economic shocks – so demand is resilient and; 3) Revenues tend to be insulated via long-term contracts or regulatory regimes and are often inflation linked. Lead says in the post GFC era many of these businesses have cleaned up their balance sheets and now boast investment grade credit ratings from the ratings agencies. Returns for infrastructure stocks have been ‘supercharged’ in recent years. In this video Lead discusses what has contributed to this performance and shares his key picks for the sector.


3 stocks mentioned

Livewire Equities
Livewire Equities
Livewire

The Livewire Equities feed brings you a range of insights that relate to Australian equities

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.