There's something to be said of reliable compounders. While they may not double overnight as a growth darling can, these stocks definitely make it easier to sleep at night.
Why? Well, reliable long-term compounders can continue to provide solid returns over the years to come without the volatility or downside risk that comes with more speculative stocks.
And while the secret to long-term success may be hitching our bandwagon to said compounding stocks, the price you pay for their shares is equally, if not more important.
So in this episode, Livewire's Ally Selby was joined by Perpetual Asset Management's Sean Roger and Sage Capital's Sean Fenton for their analysis of three steadily growing stocks.
And they also name their own bottom drawer stock that they will be backing for the foreseeable future too.
Note: This episode was recorded on Wednesday 17 May 2023. You can read an edited transcript below:
https://www.livewiremarkets.com/wires/buy-hold-sell-5-long-term-compounders-for-the-bottom-drawer