Tanya Branwhite, Equity Strategist at Macquarie says (re: resources) If you look at commodity prices remaining somewhere around these levels with a lower...

Tanya Branwhite, Equity Strategist at Macquarie says (re: resources) If you look at commodity prices remaining somewhere around these levels with a lower currency and still the growth in volumes, at this stage their earnings growth looks absolutely stellar in 2014 and yet they're the cheapest stocks in the market. Now, again, I'd be talking more your big cash generative companies, so our recommended portfolio's got BHP and Fortescue, Rio's clearly also got exposure and leverage. When it comes to the banks which have seen a significant revaluation, Branwhite is concerned that their underlying earnings growth is still going to be fairly weak. Other stocks she favours now include Flight Centre, REA Group, Amcor, CSL and Ramsay Health Care. AFR subscribers can read the whole article here: (VIEW LINK)


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