Trade ideas are provided as a guide only. Market Matters is not investing in these ideas as we do our other suite of portfolios available here. If trades are updated through the week, these updates will be advised in the morning note and will be flagged as an alert on the home page of the website. Separate emails or SMS messages will not be sent for Shawns Trade Ideas. The ideas are General in nature only.
One of our favourite investment/trading philosophies is to buy quality companies when they get dragged down by broader negative news/moves. This morning is all about AI bringing a couple of ASX stocks to the fore: NEXTDC (NXT) and Goodman Group (GMG). We own the former in our MM Active Growth Portfolio, while GMG is on our Hitlist. We don’t anticipate being filled on our GMG trade below on day one, but as Boy Scouts say, be prepared – in terms of investing/trading it makes buying weakness much easier.
