Buy Hold Sell, by Livewire Markets
Business:Investing
If there was one theme that stood out to this anonymous writer this February reporting season, it was that companies that missed earnings expectations were hammered by investors.
Think Downer (ASX: DOW), which has seen its share price sink more than 16% after it missed consensus forecasts by -12% (and downgraded guidance by -18%, after already downgrading by -15% in December). Or Domino's (ASX: DMP), that share price of which has plummeted nearly 37% since it missed expectations in its half-yearly result. Or Star Entertainment (ASX: SGR), which has seen its share price fall nearly 15% since it reported results - with net profit after tax missing consensus by -14%.
But they say you should buy when there's blood in the streets...
So in this episode, Centennial Asset Management's Matthew Kidman was joined by Firetrail Investments' Blake Henricks and Market Matters' James Gerrish to analyse these three heavily sold-off stocks.
Plus, they each point to one stock that is on their radar (or has been recently added to their portfolio) off the back of results season.
Note: This episode was filmed on Wednesday 8th March 2023. You can read an edited transcript below:
https://www.livewiremarkets.com/wires/buy-hold-sell-3-heavily-sold-off-stocks-and-2-now-on-fundies-radars
Buy Hold Sell: 5 growth stocks for the next 5 years
Buy Hold Sell: 5 small stocks with big catalysts on the horizon
2 undiscovered stocks (and how to analyse under-the-radar companies)
Buy Hold Sell: 3 under-the-radar stocks (and 2 overcrowded darlings)
Buy Hold Sell: Demand wave to power future-facing commodities (and 4 stocks to ride the wave)
4 undiscovered gems as gold prices hit record highs
Is there still upside to uranium? (and 4 stocks fundies are buying)
The stocks headed for the ASX 20 (and 2 on the way out)
Buy Hold Sell: 3 stocks ready for a rebound (and 2 due for a sell-off)
Buy Hold Sell: 5 undervalued founder-led stocks
10 adviser-approved ETFs for 2024
Answering the internet's most common ETF questions
Buy Hold Sell: Your top-tipped ETFs for 2024
Buy Hold Sell: 5 of the ASX's fastest-growing stocks
How to invest in small and micro-caps (and 4 emerging stocks for the next 5 years)
Buy Hold Sell: 5 small stocks headed for large-cap status
Buy Hold Sell: 3 stocks with dividends on the rise (and 2 on the chopping block)
How to generate passive income in 2024
Buy Hold Sell: 5 stocks with monster dividends in 2024
Buy Hold Sell: Your 5 top small and mid-cap stocks for 2024 (and 2 big fundie buys)
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