ALU develops electronic design automation (EDA) software and as such has been in the focus of the markets rerating of the growth, and especially tech names i.e. its 26% correction is more than double that of the ASX200. This is a business we like but as so often is the case with growth names what investors are prepared to pay for potential future earnings is key and as everyone is aware that its now less than in 2021 as inflation continues to rise, hence we will be monitoring this position closely if it follows our market view and bounces back towards $40 – remember we are looking to reduce our exposure to growth stocks into strength.
scroll
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Performance update for March, stocks that drove returns & our current positioning
Close
Friday 26th April – ASX200 -101pts, Newmont (NEM), Resmed (RMD) & Super Retail (SUL)
Close
Market Matters Research Lead Shawn Hickman with David Koch
Close
MM will reconsider our ALU position around $40
Add To Hit List
Related Q&A
Is Wistech (WTC) a Hitlist candidate?
Best way to play the Tech stock rally
Does MM prefer HUB24 or Altium?
What’s MM’s favourite 5 stocks for short term bull run?
Thoughts on ALU, MNS & IMU?
MM’s thoughts on ALU and TMH?
Does MM like Australian technology companies?
ALU, CDA, & 3 US-listed stocks BNTX, ZM, GOOS
Thoughts on ALU & APT
Altium smells fishy
MM view on ALU
Relevant suggested news and content from the site
Video
WATCH
Performance update for March, stocks that drove returns & our current positioning
Recorded Tuesday 9th April
Podcast
LISTEN
Friday 26th April – ASX200 -101pts, Newmont (NEM), Resmed (RMD) & Super Retail (SUL)
Daily Podcast Direct from the Desk
Video
WATCH
Market Matters Research Lead Shawn Hickman with David Koch
Recorded Monday 25th March
Members only
UNLOCK MARKET MATTERS NOW
Take a free trial.
No payment details required.