Top 3 picks from the Market Matters Emerging Companies portfolio
Hi Guys There are a lot of promising stories in the Market Matters Emerging Companies portfolio. What would your top 3 picks be at the moment assuming one didn't own any? Cheers, Nick
The Latest Q&A
Answer
Hi Nick,
The last few months have seen the EC Portfolio enjoy some strong moves and highlighting 3 is tough. Firstly, we reinforce what we wrote on Wednesday morning:
Reiterating stocks that have pulled back to attractive levels; We would buy here, if we did not already hold:
Aussie Broadband (ABB), ARB Corp (ARB), Catapult (CAT), PEXA Group (PXA), SiteMinder (SDR) & Zip Co (ZIP)
However, time to go out on a limb in the pointier end of the market:
- Catapult (CAT) – we’ve owned this a while, though the correction of late has been savage, and the stock is very oversold.
- NexGen (NXG) – we like the uranium theme, and this is a highlighly levereaged way to play it. We bought the stock this week (switching from Paladin in the EC Portfolio only).
- Light & Wonder (LNW) – we also bought LNW this week believing index aware invetsors will be forced buyers of stock + they are turning around operationally. We can see this trading over $200 in the next 6-months.
