Best stocks to buy in May 2020
About the author:
- Author name:
- By Andrew Tang
- Job title:
- Analyst - Equity Strategy
- Date posted:
- 07 May 2020, 9:45 AM
- Sectors Covered:
- Equity Strategy and Quant
The ASX 200 has bounced > 20% since the March 23 intraday low of 4402 and has since traded sideways over the past few weeks. We think that signs of a bottoming in economic data will be necessary for the market to step higher from here.
This month we add Computershare and Flight Centre and remove A2 Milk.
Morgans clients can access the full list of Morgans best ideas, including detailed analysis, by logging in.
Our best ideas are those that we think offer the highest risk-adjusted returns over a 12-month time-frame supported by a higher-than-average level of confidence. They are our most preferred sector exposures.
Morgans clients can access the full list of Morgans best ideas by logging in (this includes our small & mid cap best ideas). If you would like more information, please contact your adviser or nearest Morgans office.
Disclaimer: The information contained in this report is provided to you by Morgans Financial Limited as general advice only, and is made without consideration of an individual's relevant personal circumstances. Morgans Financial Limited ABN 49 010 669 726, its related bodies corporate, directors and officers, employees, authorised representatives and agents (“Morgans”) do not accept any liability for any loss or damage arising from or in connection with any action taken or not taken on the basis of information contained in this report, or for any errors or omissions contained within. It is recommended that any persons who wish to act upon this report consult with their Morgans investment adviser before doing so.
Disclosure of interest: Morgans may from time to time hold an interest in any security referred to in this report and may, as principal or agent, sell such interests. Morgans may previously have acted as manager or co-manager of a public offering of any such securities. Morgans affiliates may provide or have provided banking services or corporate finance to the companies referred to in the report. The knowledge of affiliates concerning such services may not be reflected in this report. Morgans advises that it may earn brokerage, commissions, fees or other benefits and advantages, direct or indirect, in connection with the making of a recommendation or a dealing by a client in these securities. Some or all of Morgans Authorised Representatives may be remunerated wholly or partly by way of commission.
Print this page