Buy Hold Sell: 5 Comeback Kings

Who doesn’t adore the so-called “Comeback Kings”? These are companies that were stuck in a miserable rut and written-off by the market… only to then soar back to stardom. In this episode of Buy Hold Sell, James Gerrish of Market Matters and Henry Jennings from Marcus Today ruminate over five ASX stocks that have come back from a prolonged slump or relative underperformance and are now smashing 52-week highs.

They include 1) A technology stock motoring away despite a fall in reported revenue, EBITDA and NPAT; 2) A food business benefiting from the eat-at-home boom; 3) A mining stock created from a disastrous merger.

Our guests opine on whether the share price gains are due to good management execution or whether they are beneficiaries of external factors that could unwind. James and Henry also pick out their two favourite turnaround stocks right now.

Visit Livewire Markets for the full transcript, video and more great insights.

Note: This video was filmed on 26 August 2020.