For the third year running, earnings of Australia’s largest companies are set to shrink this earnings season, with Morningstar predicting another 1pc contraction for the ASX 20.
For many companies, current stretched valuations don’t reflect the growth outlook. But there are still opportunities in the market for investors.
Lochlan Halloway, Equity Market Strategist at Morningstar, talks to Sean Aylmer about the upcoming profit season, and identifies the companies Morningstar has picked as potentially offering value.
The information in this episode is general in nature, and doesn’t take into account your own circumstances. You should do your own research and seek professional advice before making investment decisions.
Find out more: https://fearandgreed.com.au
See omnystudio.com/listener for privacy information.
FEAR & GREED | Business News