Buying out of favour stocks is hard for the average investor. As I said, we’re not wired for it. We’re wired for conformity and groupthink. In evolutionary terms, wandering too far from the tribe was a recipe for an early death.
It’s not such a bad idea to look in low- or no-growth industries. Take television, as an example. Big Un is a review content-creation company. The stock is up 1,065% this year and could possibly climb higher before the year end.
There has been a falling out between two recognised Aussie brands. Vitamin business Blackmores Ltd [ASX:BKL] fell as much as 5.2% this morning, to $129.87 per share.
These moments don’t come along very often. But when they do, that’s when exponential returns happen. For the prepared, the informed and the brave. Let me go over one example happening right now. And this isn’t even that compelling a story, to my mind.
Both brokers and investment bankers are now facing threats from a new breed of competition — artificial intelligence. AI already performs many of the jobs on Wall Street, such as those of traders, sales teams, portfolio construction, trade executers, analysts and modellers.
When capital flows into small stocks in such a convincing way, it tells you that something is going on. You shouldn’t ignore it. The next challenge for the ASX 200 is to breach 6,000 points.
The collective small-cap index hasn’t climbed double digits. But their performance is far better than their larger cousins. This is a trend which could continue according to fund manager, Allan Grey.
Praemium, who provide financial service software, has recorded another round of stellar growth. They reported inflows of $749 million for the September quarter. With $587 million coming from Australia.
If you can afford a Ferrari when times are great, it’s likely you can afford a Ferrari when times are tough. This morning, Bloomberg highlighted that Ferrari could be considering a line of SUVs.
If we’re right, then there are a few select graphite companies that are set to benefit from this electric vehicle boom. This one is a mining company whose sole focus is the mining and production of natural graphite for the electric vehicle market.