The Money Puzzle Top stock picks for 2026 (with Jun Bei Liu)
Jan 15, 2026
Jun Bei Liu, Founder and portfolio manager at Ten Cap, shares her insights on stock picking for 2026. She identifies promising sectors like mining due to strong earnings potential, while warning against banks and REITs that may disappoint. Liu discusses how CSL could rebound and highlights mid-tier gold miners as strong bets amidst a complicated market. She recommends Flight Centre for travel recovery and suggests avoiding Temple & Webster, indicating a cautious approach to the current economic climate.
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ASX Can Hit Double Digits
- The ASX can reach double-digit returns driven by improving corporate earnings and a strong mining sector.
- Earnings growth of 8–12% and mining dividends are key tailwinds for 2026.
Rate Expectations Move Markets Fast
- Markets rapidly price rate expectations, which can cause oversold sectors like retailers.
- Liu expects the RBA is unlikely to hike in the first half, easing some valuation pressure.
Dividends Are Shrinking, Miners Could Restore Them
- Falling dividend yield pressures Australian stocks to deliver earnings growth.
- Miners' recent commodity-driven earnings upgrades should help restore dividend income.