Shopping list - Best companies to snap up

[ratkin]

Right now markets are tumbling, and at some point there are going to be some cracking good bargains emerging. Which companies should be first on the shopping list?

[couta1]

Right now markets are tumbling, and at some point there are going to be some cracking good bargains emerging. Which companies should be first on the shopping list?

Well just maybe the bargain time is now not at some point, some point may be too late. PS-Small shopping list which is A2 and HLG and I'm already shopping.

[winner69]

Baked beans, pasta, tomato sauce and loo paper

[Blue Skies]

Baked beans, pasta, tomato sauce and loo paper

You forgot the Tim Tams!

[bull....]

too much uncertainty for me to gamble on buying anything , ill rather reduce all debt and make sure my cupboards are full

[Biscuit]

If things really looked like returning to normal any time soon, then the hardest hit sectors would be the ones to get into, and exporters that are going to gain from the lower $. But I haven't got a shopping list yet. Currently, my JPY is doing ok, probably get more of that before looking at shares.

[Beagle]

Too early to tell. Making a call now is like saying I am going shopping next week at Countdown and Pak and Save and drawing up my shopping list now without knowing what's going to be on half price special.

What we can say with some degree of certainty is that if this gets really ugly, classic cyclical's are possibly going to head towards the bottom of their cycle. Any company with a weak balance sheet is very vulnerable. I would think stocks likely to be on half price special sometime later this year or 2021 might include, THL, AIR, SML and NZR. Of those with their current boards and management I would only buy AIR or THL at the right price.

[Grimy]

Making a call now is like saying I am going shopping next week at Countdown and Pak and Save and drawing up my shopping list now without knowing what's going to be on half price special.

I like to make my list anyway and then check the mailer for the specials-anything not urgent on the list can wait another week, because sooner or later it will be on special...…..

I have quite a few names written down to watch, but SKC is near the top. It is the first stock I sold when things started to look a little serious and glad I did.
A lot of headwinds for it and I don't think it will be a bargain this week, but at some stage it should be a good buy again. Treated me well in the past.

[peat]

I still like Ebos for the same reasons, but now even more because its medical stuff. How good is that , strong demand, of course supply chain might be a risk but same for everyone.
Its still not cheap tho. so always the premium for quality. yield not great either sadly. but not less than a TD.

[ratkin]

I still like Ebos for the same reasons, but now even more because its medical stuff. How good is that , strong demand, of course supply chain might be a risk but same for everyone.
Its still not cheap tho. so always the premium for quality. yield not great either sadly. but not less than a TD.

They must have been distributing much more medical supplies than normal, they are the only NZ stock I did not sell out of. Even the pet food side etc should be doing well, especislly with all the advice for people to stock up on Pet food. I am comfortable holding through some short term dips