Sharemarket update August 2014
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Running Time: 8:04 Date: 01/08/2014 What to look for on the stockmarket during the off season between reporting sessions. Stockmarket investors have enjoyed above average returns recently, but can we expect more of the same for the remainder of 2014? Elio D'Amato, CEO of Lincoln Stock Doctor, says that despite the tough conditions being felt by retailers, the healthcare, teleco and finance sectors are still looking strong - and he expects the market to be higher in six months than it is now. Merger and acquisition activity is high, especially in the the mining sector, but trying to predict takeovers is fraught with danger and can come with a large opportunity cost. Elio's stocks to watch at the moment are currently borderline star stocks which he's hoping will come in as star stocks at the next reporting season - Sirtex Medical Limited, Carsales.com, My Net Fone and Tatts Group. Topics: Investment |
Elio D'Amato, Lincoln Stock Doctor |