The Bottom Line

We continue to look for a recovery by the ASX 200 back above 9000, led by the rate-sensitive and underperforming stocks although the banks and miners will need to join the party.

• We like BXB for exposure to a recovery in the industrials sector.
• We like HVN and JBH as traditional retailers.
• We like CAR Group for a recovery in the software-facing names, and perhaps an alternative to Xero or WiseTech.
• We like MGR for exposure to the real estate sector.