Don Williams, Chief Investment Officer at Platypus, sees value in waiting in the current climate. "We like seeing numbers, basically; we typically wait for companies to report before we make any moves," he says. There is at least one company which has caught their eye though. "Cochlear is a good example," Williams explained. "It hasn't really performed well over the past, well, probably decade, but things seem to be improving.” "So we’ve actually been buying that today ; it's the first time we've owned Cochlear since 2011." In this market, Williams says he wants to make sure ”not get tempted too early" (VIEW LINK) (AFR subscription required)
Please sign in to comment on this wire.