What are GARY stocks?
Hi MM, Finding your updates very helpful, thank you. Interested in your views on the ETFs BNKS & HACK? Also was wondering what is a ‘GARY' stock and are there any that you like? Cheers, Jill
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Answer
Hi Jill,
Three separate questions here hence I have answered each individually:
- BetaShares Global Bank ETF (BNKS): we are bullish global banks initially targeting fresh multi-year highs. This is a good way of playing the global banking space.
- BetaShares Cyber Security ETF (HACK): we are bullish here initially looking for around 10% upside towards the $11 area.
- Growth at reasonable yield (GARY) stocks: This is what we largely focus on when thinking about stocks for our income portfolio so these sorts of companies feature heavily there. Telstra (TLS) will fit that bill going froward, Metcash (MTS) certainly does as hardware drives growth for them, Smart Group (SIQ) was growing and paying a good yield, although that is now under takeover, we like National Storage REIT (NSR) for growth & income to name a few.
