Sharemarket Update

Date: 09/08/2010

The stock market's uncertain now, rather than volatile, but well-managed companies are still providing investors with great opportunities.

The sharemarket has moved from a high level of volatility back to uncertainty, says Tim Lincoln of Lincoln Stock Doctor, but there's also a degree of cautious optimism around. He says Australian market ended the 2009-10 financial year positively, producing an return of 10 percent, which is close to average. There are still clouds on the horizon overseas, but well-managed Australian companies are continuing to do well for investors. Among Lincoln's star stocks: CSL, Thorn Group, Navitas, Decmil Group and GUD Holdings - all strong performers which will withstand any further market volatility and provide extra security for investors.