What is MM’s favoured ASX 50 stock (s)?
Hi, A question for James for Saturday. With the recent decline in the market, what ASX50 stocks would you recommend for the short term? Regards
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Answer
Hi Cameron,
In todays extremely volatile market short-term swings are more pronounced than in many years, rather than specifically pick 5 companies worth a trade I have selected 5 companies we like medium term hence if they do correct further MM will become even keener buyers:
Macquarie Group (MQG), Goodman Group (GMG), TPG Telecom (TPG), Aristocrat (ALL) plus BHP Group (BHP) which we do like for a short-term move higher.
