Market Matters Q&A

Any beaten up growth/income stocks worth considering

Hi MM,
With reporting season underway, companies that miss expectations are being severely hammered. Do you have your eye on any beaten up growth/income stocks that could turn around quite quickly?
Cheers Peter

Peter

Whitehaven Coal – WHC

Hi James,
I would appreciate your view on Whitehaven Coal given its recent result. The market has continue to sell it off, despite being an inline result. Are there concerns with the result or just a case of it having run up in the months leading in to the result and some profit taking?
Regards
Andrew

Andrew

Capstone Copper (CSC) and Emeco Holdings (EHL)

Hi Market Matters Team
Can I have your current view on Capstone Copper?
Would you be buying CSC for copper exposure? If so at what price?
Emeco reported yesterday and came off around 9% – where do you see EHL trading ? Would you continue to hold?
regards
Deb

Debbie

Hedging and Hims & Hers Health Inc (HIMS US)

Looking at the currency environment, would you be looking to hedge ETF / fund exposure where possible given the AUD looking more likely to appreciate against USD in the short to medium turn? Unhedged could more or less offset and capital appreciation from underlying investments.

Keen for your thoughts on HIMS after the greater than 50% pullback and their acquisition of Aussie biz Eucalyptus. A more geographic footprint and HIMS growing revenues aggressively seems to suggest this stock is very undervalued, even after the patent issue with Novo Nordisk.

Scott

Chrysos Corp (C79)

Hi Guys, I would be interested in your thoughts on Chrysos Corp (C79) with mining rolling along I imagine there would be demand for their services? Liking your work,
Cheers, Mick.

Michael

Cogstate Ltd (CGS)

Hi
Would be interested in your views regarding this stock. Bell recently has it as a buy.
This stock particularly peaked my interest as I know there is a lot of research in this area.
From a personal note, we have had direct exposure to this horrendous disease.
So emotion aside CHS could have huge upside.

Mark

CSL Ltd (CSL)

Lots of commentary naturally on CSL after their half yearly release. My question is focused on how MM views the Board and senior mgmt capabilities given that after only a few years of acquiring Vifor (a massive acquisition price play) because – surprise surprise many of Vifor patents expired and gosh – competitors were able to release competitive products quickly.
How in heck could CSL Board not be aware of either patents expiring AND the capabilities of their competitors? So – if Mgmt is seemingly this incompetent with shareholders money should not MM cut and run with existing investment?
Apologies for being so negative (I am not a shareholder)
David

David

Spark New Zealand Ltd (SPK)

Hi James and Team
Spark share price has been falling for some time facing competition, changes in management and strategically changing the business by selling off a large share of their Data Centre to reduce debt, although paying a high yield.

I would appreciate your views please and outlook.

Thank you for your excellent market summaries

Richard

Seeking some clarity on implications of Warsh’s appointment.

I have some real concerns about Trump’s appointment of Kevin Warsh as Chair of the US Fed.
Warsh has been appointed for four years by a president who has so little understanding of the complexities of the decisions facing the chairman of the US Fed. He considers that it is the easiest job in the government as he believes Powell was able to come to the office one day a month, flip a coin and decide on its fall what the interest rate should be.
The complexities are brushed aside with the only criteria being would he implement Trump’s agenda of lowering interest rates, regardless of the economic conditions. As Torsten Slok has shown in his three graphs of 6th February 2026, there are three big drivers of inflation: upside pressures from wage growth; rising industrial commodity prices and dollar depreciation. Only the last one can be directly influenced by monetary policy.
Warsh, in typical Trump fashion, plans to upend the decision-making processes in the Fed. He dislikes the data-dependent approach and may end the dot-plot which is so useful for indicative forecasting.
Stephen Bartholomeusz sets out some major risks with Warsh’s chairmanship (Sydney Morning Herald, February 6). Warsh wants to reduce the size of the Fed’s balance sheet and may end the QE at an inappropriate time, as the full effects of Trump’s tariffs are yet to be felt in the economy. Thus, there is no surety that the US Fed would inject funds into the markets as was done by the New York Fed during the GFC when they injected US$110 billion to ease financial pressures. Finally, Warsh has great faith that AI will quickly boost productivity, with resulting increasing growth and lower interest rates. Much to been seen here!
As I see it, the markets will respond with increased volatility, as ever. How do you see the months ahead?

Bill

Silver: Substitution Trends in Solar Industry

Hi MM,

I’ve been reading commentary from various sources recently about rising silver prices prompting solar panel producers—a major driver of industrial silver demand—to partially switch to copper as a substitute for silver, with many planning permanent and full transitions. I cannot now recall if producers are also seeking to substitute other cheaper materials for silver.

In your recent analysis, you expressed continued bullishness on silver/silver stocks over time, stating that “we like the industrial/investment thesis moving forward”.

Can you please explain how this reconciles with the substitution trends I’ve mentioned? Do you disagree with that commentary, and the perceived threat from copper substitution (and any other substitution) If so, is that why you remain optimistic on industrial demand for silver as a whole?

Alternatively, upon further review, has your bullish stance changed at all?

Thanks

Darren