I need some more ASX stocks for the "Long Term" - the kind of shares I don't have to think about too often and am hoping some kind STer's might have some suggestions. Sort of things I'm looking for here are stocks in the $100m+ market cap. Probably high ROE/ROIC type things with a case for future growth in potential market. Plus, most importantly, a company that is well-managed and where management keep shareholders informed in a no-nonsense fashion. Prefer something that hasn't yet made it to the ASX200, but which has the potential to get there over the next few years.
(Other option apart from high ROE/ROIC would be severely beaten up cyclical with recovery path laid out AND reliable management).
Prefer to hear about stocks you actually hold and have followed for at least a year.
Bookmarks