FNArena’s Weekly Insights – August 27 2020

Dear time-conscious investor: High PE stocks continue to benefit most this month, while one expert is calling for the next commodities supercycle

In this week’s Weekly Insights:

-August Reporting Favours Quality & Growth
-Morgans Model portfolios
-The Next Commodities Super Cycle

August Reporting Favours Quality & Growth

By Rudi Filapek-Vandyck, Editor FNArena

One observation that has caught my attention is that as times have become tougher for corporate Australia, more companies have decided to release financial results later in the season.

A quick run through recent years’ reporting seasons has revealed that by this time in August 2018, the FNArena Corporate Results Monitor contained some 70 companies more than it does this year.

These companies will still be reporting, of course, so expect a tsunami in catch-up financial results releases during the final days of August.

On multiple observations and measurements, reporting seasons in Australia worsened considerably after August 2018 (if we only concentrate on the February and the August seasons).

No surprise, the balance as to when companies schedule for financial results releases has noticeably shifted towards the final two weeks of each season.

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