The WAAAX group of companies, Australia’s answer to the US’ FAANG megacaps, has had a stellar run in 2019. With valuations far exceeding other sectors on the ASX, however, have you missed the easy gains or is there still more upside?
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In this entertaining and informative podcast, Scott Phillips, Chief Investment Officer of Motley Fool Australia, goes into great detail on:
- The business model and future opportunities for Wisetech, Afterpay and Appen
- Whether their blue sky valuations can be justified
- His preferred pick in the tech sector, and
- What it would take for him to be a buyer.
You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean, Spotify or at nabtrade.com.au/yourwealth
If you are pressed for time, consider listening at 1.5x or 2x the usual speed – this can actually improve your retention of information while saving time.
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