Tech Down Under | New economy outperforming old economy
Slowing growth and underperforming old economy stocks, like banks and miners, have not taken the wind away from the outperforming Australian technology stocks. The MITCH (Media, Information, Telecommunication, Consumer and Health) universe allows us to sieve the market for sectors where the growth outlook is heavily aligned to change in technology and the speed in adapting to this change. The cyclical sectors in the MITCH universe carry a much higher risk with slowing global growth outlook and low domestic consumer spending. MITCH stocks are expected to continue to outperform the market while small caps offer the best risk/return profile. MITCH large cap multifactor top ten picks: JBH, EGP, ALL, TLS, FXJ, FLT, CPU, HVN, CSL and TPM. MITCH large cap growth top ten picks: REA, DMP, ALL, COH, CAR, CSL, TPM, JBH, TLS and NVT. MITCH small cap multifactor top ten picks: DNA, MYX, CCV, BNO, SRX, NWS, DSH, PBG, KMD and WEB. MITCH small cap growth top ten picks: IPP, MYX, DNA, CCV, BNO, ALU, RKN, SRX, IFM and TNE. (VIEW LINK)
Over 25 years’ experience in the finance/tech industry. Mathan has worked extensively in all parts of the finance sector (i.e. County NatWest, Citi, LIM, Southern Cross, Bell Potter, Baillieu Holst and Blue Ocean Equities). Currently Founder and...