Buy Hold Sell, by Livewire Markets
Business:Investing
He’s always watching. He knows who has been naughty and who has been nice. He makes his watchlists. He doesn’t need to check them twice.
No, I’m not talking about Santa – he’s far too forgiving. I’m talking about Mr Market.
With the end of the year fast approaching (my goodness, it’s already December) it’s time to look back at those stocks that have spent the bulk of the year in the naughty corner.
These stocks have been punished by Mr Market all year and will likely be receiving a lump of coal for their troubles.
Nothing cleanses like January 1, however, and the question begs: Will these stocks grow wings and rise like a phoenix from the ashes, or are their problems terminal, consigning them to another annus horribilis?
To answer those questions, Livewire’s Ally Selby is joined by Simon Conn from IML and Eleanor Swanson from Firetrail, who analyse three of the market's poorest-performing stocks from 2023.
Plus, they also name one stock on their naughty lists for the year ahead, and what would need to happen for our experts to change their thesis and for the stock to become a buy.
Note: This episode was recorded on Wednesday 29 November 2023. You can read the edited transcript below:
https://www.livewiremarkets.com/wires/buy-hold-sell-5-stocks-for-your-naughty-list-in-2024
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