Australian Investment Blog

Morning Report 05/05/2016

Market Matters Morning Report Thursday 5th May 2016

Do we see opportunities in the stocks that have recently been smacked? We are currently holding an aggressive 40% of our portfolio in cash and are hence scouring the market for solid risk / reward opportunities in stocks / sectors we like. As our subscribers know, at times, we are not afraid of buying stocks that are totally unloved, hence today we cast our eyes over 3 large cap stocks that have literally plummeted over the last few days.

BHP Billiton (BHP) fell 9.4% yesterday and is down 38% over the last 12 months.

Woolworths (WOW) fell 7% yesterday and is down 30% over the last 12 months.

Incitec Pivot (IPL) fell 8.8% yesterday and is down 25.6% for the last 12 months.

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