Stocks to lighten as I increase cash

Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

Ask a question

The Latest Q&A

Question asked 30/10/2021

Stocks to lighten as I increase cash

Hi James, I really appreciate your coverage and the facility for subscribers to pose questions ..its a great support when making difficult decisions. I (perhaps like many) am reviewing some stocks that I might lighten to increase a cash buffer ...I wonder whether you could comment on the following stock prospects. Ramsay (RHC), A2M, Treasury (TWE), Lynas (LYC), Nuix (NXL) - Many Thanks Don

Answer

Hi Don,

Lots of questions rolled into one hence brevity:

Ramsay Healthcare (RHC) we like this private hospital operator around $70 and have actually been watching carefully over recent months with a view to buying back in.
A2 Milk (A2M) endured a tough week but we see good value around $6.25, MM is holding for now.
Treasury Wine (TWE) is in no mans land around $11.50 and not one for us into Christmas.
Lynas (LYC) still looks destined to break over $8 i.e. another 10% higher.
Nuix (NXL) simply remains too hard, it may take a while before this company regains investors confidence.

chart

Ramsay Healthcare (RHC)

LAST UPDATED 30/10/2021 08:29

Latest Reports

Morning report 09/09/2024

Macro Monday: Recession fears regain the upper hand

US stocks were hit on Friday night after a weak Jobs Report increased fears that the Fed is behind the curve with interest rate cuts. This leads to an increased chance of their economy slipping into a recession, as opposed to the “Goldilocks Scenario,” which investors have embraced through most of 2024. It reminds us of going back to school and the dreaded Calculus, particularly a sinusoidal wave with the top being the “Goldilocks Scenario” and the bottom a recession. US equities have been ignoring several leading indicators over recent months, but the bears came home to roost on Friday night.

Weekend report 07/09/2024

Weekend Q&A: Recession fears grow as US Jobs Report just misses expectations

The ASX200 slipped 1% last week, with Wednesday's +150-point plunge dominating the five days. Again, the rate-sensitive banks, real estate, and tech sectors stemmed the losses, but the broad market fell, with the sellers again paying particular attention to China-facing stocks. Last night, recession fears hit US tech and consumer discretionary sectors the hardest; the real estate stocks held firm on interest rate hopes, illustrating the fascinating landscape ahead into Christmas – it would catch traders off guard if China growth sentiment trumped that of the US into 2025, its certainly at a low point today!