Following are brokers’ picks.
https://www.nzherald.co.nz/business/...ectid=12178279
How about great picks from our top experts in the forum? Thanks.
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Following are brokers’ picks.
https://www.nzherald.co.nz/business/...ectid=12178279
How about great picks from our top experts in the forum? Thanks.
Anyone who CLAIMs they are should be avoided like the plague imo.
I think "top experts" is clearly meant as a euphemistic term...shame one didn't embrace the spirit of the season and realise that...but I agree that this is probably more appropriate after the 2019 competition kicks off.
What I found most fascinating from Monday's stock rout on the US markets was Fed Ex's downgrade blaming widespread slowdown in growth in Asia, Europe with Brexit and some in the US. These sort of bellwether stocks are usually a very good forward indicator on how things are going and it was trading on a forward PE of just 10.5 after Monday's big fall. Mainfrieght have heaps of international operations...if Fed Ex is finding things very tough is their warning a free heads up warning for Mainfrieght shareholders with the latter's shares trading on a trailing PE of 25.5 ?
I have already picked one for 2019 and it is a more or less (+/- 5%) guaranteed 20%.
Will update in the new year.
"Guaranteed" for 2019 lol...you're kidding right :)
Phew! Not much of a consensus on next year's picks from those entrusted with other people's money! Their achievements in last year's stock-picking contest were pretty much scatter-gun too. Just proves no one has a crystal ball and I might as well continue to make my own mistakes.