Livewire Markets Podcast-uri

The silly season is finally here! So, we thought we'd take a look at some stocks investors could add to their Christmas stockings and hold throughout 2024. After all, nothing spreads joy quite like a few winning stocks. Take Kelsian, Nexgen Energy and CSR, for example, which have seen their share prices rise 20%, 50% and 27% respectively since the …

Last week, the Australian Bureau of Statistics gave the RBA (and investors) an early Christmas present. It was revealed that the monthly consumer price index (CPI) indicator rose 4.9% in the 12 months to October 2023, down from 5.6% in September. This came in below economists' estimates, who had projected a 5.2% rise over the period. Hallelujah! It…

He’s always watching. He knows who has been naughty and who has been nice. He makes his watchlists. He doesn’t need to check them twice. No, I’m not talking about Santa – he’s far too forgiving. I’m talking about Mr Market. With the end of the year fast approaching (my goodness, it’s already December) it’s time to look back at those stocks that hav…

While there are many measures of valuation, a price-to-earnings ratio (or P/E ratio) is probably the most well-known. It's a real bang for your buck ratio, comparing a company's share price to its earnings per share - basically, helping you to assess its value compared to similar companies or a benchmark. A low P/E ratio usually indicates a company…

There are many famous fathers. Hippocrates is the father of modern medicine, James Brown is the father of Soul, and Darth Vader is the father of Luke Skywalker. But there is only one father of value investing, and that's none other than Benjamin Graham. Graham, along with the oft-overlooked David Dodd, wrote the classic book on investing: The Intel…

Momentum investors hitch their wagons to companies with good investor sentiment, often impressive earnings, improving prospects - and most importantly, a rising share price. It's a tried and tested strategy, made famous by American fund manager Richard Driehaus, whose firm, Driehaus Capital Management, reportedly delivered returns of 30% per annum …

We all love a bargain. That's why Black Friday, Cyber Monday and Boxing Day sales take the world by storm, or why we justify buying two items for the price of one at the grocery store when we weren't planning on purchasing that item in the first place. Searching for stocks near or at 52-week lows is similarly a bargain hunter's paradise. These stoc…

Like Elvis, 'momentum' and 'growth' have left the building. It's possible they won't be seen for a while, either. The void is set to be filled by 'quality' and 'value' - two factors which were second and third string for the decade money was free. How times have changed. There is nothing to be feared, however. The great thing about a market selloff…

Investing on the ASX has been pretty volatile since the beginning of the year. Some stocks have soared to new highs, while others have plummeted to reach new lows. All in all, the market really hasn't gone anywhere - which doesn't bode well for the future, considering that we have had 400 bps of interest rate rises over the past 18 months - and it'…

It's not easy to break the internet, figuratively speaking, of course. There was the "Ice Bucket Challenge" of 2014, which took the world by storm and raised around US$220 million for ALS. Then, of course, there was Kim Kardashian's risque photoshoot with Paper Magazine, and more recently, Will Smith slapping Chris Rock at the Academy Awards, Taylo…

To become a successful investor, you must be humble and willing to learn from your mistakes. As Micheal Jordan famously said: "I’ve missed more than 9,000 shots in my career. I’ve lost almost 300 games. 26 times I’ve been trusted to take the game-winning shot and missed. I’ve failed over and over and over again in my life. And that is why I succeed…

There are some companies that seem to have been around forever, delivering year in and year out. Just like a trusty car that has done 500K clicks but still runs like new, a favourite pair of blue jeans that can't be thrown away, or a reliable childhood friend, these stocks have been woven into the fabric of Australian investing - and most investors…

At the recent Livewire Live event, Mary Manning from Alphinity outlined the bull case for Ferrari and summed it up nicely by saying that regardless of the economic conditions, people are going to want to buy Ferraris - such is the power of the Ferrari brand. There are some businesses that, due to a combination of the segment that they operate in, t…

At last count, there are more than 55,000 publicly-listed companies across the globe. That is a wealth of opportunity in anyone's language and it begs the question, how on earth does anyone decide what and where to invest in? This is where the value of a fund manager really comes into play. Not only do fund managers each have an investment style th…

When the investing landscape turns to custard, invariably one term gets bandied around - "quality". Quality is the investment style that is designed to see you through all the peaks and troughs of the economic cycle. Quality targets companies with consistent track records, strong management, dependable earnings, and healthy balance sheets. The styl…

Millions of dollars of shares are sold and bought each month by company directors. Often, investors watch these transactions as a signal that leadership teams know something we don't. So should you buy or sell if leadership teams are too? Firstly, there are a variety of reasons (or maybe excuses) why a director may sell stock in their company. Take…

Reporting season is now done and dusted. Of the fund managers this anonymous writer has spoken to, most seem to have had a surprisingly positive month. For others, particularly the holders of the month's portfolio bombs, it probably wasn't so soothing. So in this episode, Centennial Asset Management's Matthew Kidman was joined by Auscap Asset Manag…

It's been a volatile month for markets. Despite the S&P/ASX 300 only sinking around 2.3% in August, the dispersion of returns within some of the market's favourite, and now, its most disappointing stocks has never been so clear. According to FNArena, the worst-performing stock during the month was Mesoblast (ASX: MSB), followed soon after by Abacus…

With interest rates (currently) on pause, investors are once again looking for growth opportunities that can bolster their wallets and compound their cash faster than if they were to leave it in the bank. One way investors can gauge the probability of picking a winning stock is the growth rate in earnings per share (or EPS). For those not in the kn…

In the midst of reporting season, it's often easy to forget about the long-term potential of some of the market's great compounders. Last week, we saw stocks like Megaport (ASX: MP1) and Altium (ASX: ALU) soar 20% in one day on the back of their results, while stocks that disappointed, like Ramsay Health Care (ASX: RHC) and Iluka Resources (ASX: IL…

In this high-risk, high-inflation, high interest rate world, profitability has never been so important. Companies know this too, meaning they may go to incredible lengths to present the most positive picture possible of financial health or risk being beaten down by short sellers otherwise. One measure of financial health is return on equity, or ROE…

Some of the biggest stocks on the ASX started out as minnows. Take BHP Group (ASX: BHP) and CSL (ASX: CSL) for example, today two of the biggest stocks in the country. Once upon a time, these stocks were known as Broken Hill Proprietary Company and Commonwealth Serum Laboratories and very few people knew of them. It took years - decades even - of t…

While there are winds in the sails of the healthcare industry, such as an ageing and wealthy population willing to pay for healthcare services, building a great healthcare business takes a long time. Drugs and devices require huge amounts of R&D, often with astronomical price tags attached, and the regulatory process is arduous – as it should be wh…

What do we all want? To live long, healthy, and prosperous lives. Increasingly we’re able to fulfill the first two elements of that triumvirate given the advances in modern medicine and healthcare services. What’s more, is that we have an ageing population in many parts of the world that not only have the desire for longer and healthier lives, but …

It’s an age-old debate - technical or fundamental analysis to source stock ideas. Or put another way, do you prefer charts or balance sheets? The chartists out there will tell you that everything is captured in the price, so that and volume are all you need to pay attention to. On the other side of the debate, those who employ them will tell you th…

There is no perfect recipe for generating profits. Value, growth, quality, momentum, long, short, large-cap, mid-cap, small-cap, conservative, moderate, aggressive - the list of investment styles goes on. And the factors fund managers use to identify stocks that meet their investment style can be equally elaborate. So in this episode of Buy Hold Se…

For nearly 30 years, Martin Roth has published the book ‘Top Stocks’, highlighting 100 ASX companies that are considered to be financially sound. In conducting the analysis, the share price of a stock is ignored and the focus is on companies with strong balance sheets, profitability, low debt levels, and sustainable dividends. More specifically, a …

The most anticipated recession in history still hasn't turned up. All those calls about a US-led recession starting in 2023 have been pushed back. In some cases, those calls are being pushed as far back as the second half of 2024. Others, like Goldman Sachs, have just cut the odds of a US recession occurring altogether - it's now down to a 20% chan…

There are plenty of famous pairs in life. John Lennon and Paul McCartney, Tom and Jerry, Mario and Luigi just to name a few. When it comes to investing and specifically investing in stocks, large cap stocks are generally paired with the term "quality". That's because these companies tend to have sturdier balance sheets, larger and more reliable cus…

It's been a remarkably volatile time in financial markets over the last 18 months in particular. Investors have been riding a wave that started with fresh highs for the index before the ASX 200 fell 13% in six months. Along the way, there have been astounding and outstanding share price moves. This volatility, the ongoing fear of a global recession…

Much has been made of the pending mortgage cliff, and fair enough. The RBA cash rate has gone from the pandemic low of 0.1% to 4.10% in a little over a year, and the central bank estimates half of all fixed rate loans that enjoyed that 4% buffer will expire this year. Whilst that sounds ominous, there are some things to remember. Only about one-thi…

In a high-inflation environment, energy stocks typically perform well due to the ongoing need for energy. It’s no surprise, therefore, that the energy sector began a strong rally in 2021 when inflation took off. That rally extended into early 2022, when the Ukraine war was added to the equation and energy security concerns, and prices, kicked even …

It's safe to say that mega-cap tech companies have carried global markets this year, with the NASDAQ 100 returning almost 40% this year. And most of that performance can be attributed to seven behemoths. This exuberance around tech has fed across into the Australian market. Year to date, the S&P/ASX All Technology Index has returned over 21%. Will …

The recent Income Series survey, in which more than 1000 Livewire readers participated, showed that investor hunger for income-generating equities remains remarkably high. Domestic equities are by far and away the most popular asset class for income investing, with 93% of respondents choosing this option. This is despite bonds having bounced back f…

Access to income-generating investment opportunities has grown exponentially in the past two decades. Long gone are the days when investors could only invest in high-yield dividend stocks to generate suitable returns. That was a bit like buying a chicken for its eggs – and hoping that the chicken didn’t cark it in the meantime. Today there are myri…

Income investing has undergone a renaissance in recent years. A poor cousin to growth investing for the best part of a decade, rising interest rates and higher yields, coupled with a desire to protect capital amid heightened inflation and uncertainty, has seen investors come flocking back to the investment style. While most of the conversation has …

With AI-related stocks soaring and central bank hikes continuing to take their toll on anything else in sight, it's easy to forget there are other companies making waves on the global stage. Take Teck Resources (NYSE: TECK), for instance, a coal, copper and zinc miner out of Canada which recently received a takeover offer from Swiss multinational g…

After a decade of Growth taking the market by storm, Value came back in a real way in 2022. Both locally and abroad, cyclical and economically sensitive stocks such as financials, materials, infrastructure and energy companies all saw their share prices soar. It was all thanks to rising interest rates, skyrocketing inflation, Russia's war in Ukrain…

There's this idea in dating that you shouldn't pursue beautiful people. Why? Well, thanks to their good looks, they haven't had to struggle their entire lives to be as outgoing, funny, and desirable as us mere mortals. And so, they will likely lack a certain je ne sais quoi... While I am not sure the proposition is entirely true, there is something…

There's something to be said of reliable compounders. While they may not double overnight as a growth darling can, these stocks definitely make it easier to sleep at night. Why? Well, reliable long-term compounders can continue to provide solid returns over the years to come without the volatility or downside risk that comes with more speculative s…

Following the GFC, the world embarked upon a monetary policy experiment the likes of which had never been seen before. Having read the history books and being aware of the economic and financial malaise that lingered for decades post the Great Depression, and like a bout of long-COVID, central bankers were desperate to ensure it didn’t happen again…

Since the beginning of the year, the total level of shorting on the ASX has risen 16.2%. According to Shortman.com, there is now $25.5 billion being borrowed today to bet against the country's 100 biggest shorts. Short sellers borrow shares in a company at the current market price in the hope they can buy back those shares (close a position) once t…

If there is one thing Livewire readers love just as much as lithium stocks, long-term compounders, and lithium stocks that are long-term compounders, it's dividend darlings. After all, Plato Investment Management has found that if investors had put $100,000 in the ASX in 1980, they would now be earning around $85,000 a year in income. In comparison…

According to S&P Dow Jones Indices research, the S&P/ASX 300 has a trailing 12-month dividend yield of 4.5%. This far surpasses the dividend yield of our developed market peers, with the UK boasting a 3.7% yield and the US just 1.7%. Last year, total dividends paid out to investors totalled a record $113 billion. S&P Dow Jones analysts found that o…

Since September last year, Australian investors have piled into defensive dividend-paying darlings in a bid to protect their capital. Think Aristocrat Leisure (ASX: ALL), which has seen its share price soar 23% year to date. Or ResMed (ASX: RMD), which has generated a return of 16% in just four months. Or Transurban (ASX: TCL) - which despite its r…

The music industry can be savage. The majority of artists work their entire lives to make hardly any money at all. And then there are those who produce a truly great song - only to become a one-hit-wonder. Come to think of it, Australia's resources and materials sector isn't so different. So in this episode, Tribeca Investment Partners' Todd Warren…

There have been very few market themes in recent years (perhaps apart from buy-now-pay-later) that have whipped the market into a frenzy quite like battery metals. The promise of widespread electric vehicle adoption and the demand it would create saw the share prices of producers and explorers alike surge. In 2022 it was the rising tide that lifted…

According to McKinsey, copper demand will increase to 36.6 million metric tonnes per annum by 2031. For context, production from all the copper mines around the globe was just 22 million metric tons in 2022. Meanwhile, Goldman Sachs believes that copper prices will soar from US$8500/t to US$11,000/t this year. So how are fund managers investing in …

Typically less researched than their large-cap counterparts, small-cap companies can easily rise to 'market darling' status. We all know the stocks. They’re the ones that the bulls get hold of, causing them to rally to dizzying heights. They’re often the ones discussed in stock chat rooms where warnings about ramping are largely ignored. Very often…

It hasn't been easy being a small-cap investor over the past 12-18 months. Since December 2021, the ASX Small Ordinaries has nosedived around 18%, while the S&P/ASX 200 (which tracks the country's listed large-cap companies) has posted modest gains over the same time period. So, where to from here? Well, having rebounded from a fresh low in March, …