24 March 2022
Companies with tailwinds to ride the reopening, continued capacity to keep growing earnings – those that were overlooked during reporting season – are the stocks you should be considering now, says Ben Clark, portfolio manager at TMS Capital.
“When growth starts to run, the businesses that reported really strongly in February, and that were completely ignored, will be the first businesses to roar back,” Clark said in his latest interview.
The seven Australian companies he’s currently buying more of span a range of industries. They include “platform companies” in real estate and job listings; a healthcare firm, a financial company; and a home-grown NZ software firm. Words like “resilient,” “mature growth,” and “profitable” are used in his descriptions of each of these companies.
“Some businesses will go to God during this period and for others, this is a period where the mettle’s being tested, but I’m confident they’ll bounce back.”
In the following interview, Clark details the seven stocks he’s been buying, his macro view, and why it will pay investors to switch off slightly during the current volatility.
Companies discussed include: APX, TYR, REA, SEK, RMD, MQG, PME IDP and XRO
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