FNArena’s Weekly Insights – October 21 2024
In Weekly Insights this week:
-Australia’s Most Highly Recommended Stocks
-FNArena Talks
By Rudi Filapek-Vandyck, Editor
Australia’s Most Highly Recommended Stocks
Risk comes in multiple shapes and forms.
A lot is being written about top notch valuations for global share markets, but the risk that is showing itself yet again this month in Australia is the risk for disappointing operational performance. On Monday, Nick Scali ((NCK)) shares are trading down -4.7% following a subdued AGM trading update.
Nick Scali’s disappointment follows in the footsteps of ARB Corp ((ARB)) and EVT Ltd ((EVT)), as well as the travel sector representatives Flight Centre ((FLT)) and Web Travel Group ((WEB)) last week. For good measure, not all market updates are of a negative nature as can also be seen through the share price responses post market updates by the likes of Amotiv ((AOV)) and Bellevue Gold ((BGL)).
Maybe the safest conclusion to draw is that operational challenges remain a tangible headwind for many an ASX-listed company, smaller cap companies in particular.
For local investors, the art of successful investing hasn’t changed since the August results season: it’s about identifying which companies remain a great investment despite short-term weakness, plus separating out those unlikely to disappoint when communicating their latest insights.
Maybe FNArena can help with this mission?
After all, we do have access to research, opinions and views from analysts and strategists whose job it is to analyse, project and predict when it comes to share markets and individual ASX-listed stocks.
The Super Stock Report Top Twelve
The most straightforward methodology is through simply adding up all Buy/Hold/Sell ratings inside the FNArena universe, with our monthly Australian Super Stock Report providing exactly such an overview.
