Wilson vs Bendeich: Buy Hold Sell - CGF, QAN, VRL, GXL
Wilson vs Bendeich: Buy Hold Sell - CGF, QAN, VRL, GXL. In this episode of Buy Hold Sell Geoff Wilson from Wilson Asset Management and Jeremy Bendeich from Avoca Investment Management look at recent upgrades and downgrades. Annuity business Challenger recently had a small downgrade - was it just a bump in the road? Qantas has enjoyed the tailwinds of a lower oil price combined with significant cost reductions. Recently, a substantial upgrade has seen the stock rally hard - will it continue? Next year is set to be a bumper period for the release of new blockbuster films. Normally this would be a positive for Village Roadshow, however, a recent downgrade has given some investors the wobbles. Finally, pet services and products provider Greencross has been a big success story. A recent earnings update left some investors a little confused - so we put it to the panel. Watch the video here:
Buy Hold Sell is a weekly video series exclusive to Livewire. In each episode two fund managers give their views 'Buy, Hold or Sell' on five ASX listed companies. Not recommendations, please read the disclaimer and seek advice where appropriate.