The Market Matters Flagship Growth Portfolio provides an active approach to investing in ASX listed large cap stocks – Click here to view
The portfolio advanced +0.87% last week compared to the index which gained ~0.3%, outperformance was aided by HUB24 (HUB) and NRW Holdings (NWH) rallying over 10%, while a2 Milk (A2M) was the main drag falling 11% – lets hope that rumoured takeover surfaces soon!
This portfolio is largely structured in line with our outlook hence we don’t anticipate any major changes but never say never as markets continually evolve! Two thoughts as we approach the middle of October:
- Buy: In addition to the potential position ‘top ups” outlined in previous reports we are considering AMP Ltd (AMP) but this would be a relatively small position for obvious reasons.
- Sell: Any growth / tech names or even potentially a mining stock that spikes higher i.e. “buy the dip and fade the pop”.
HUB is an example of volatility creeping into the tech stocks, its corrected over 20% a few times in 2021 and a repeat (s) wouldn’t surprise hence any pops to new highs will be considered as fading opportunities i.e. around 15% higher.
