Two fund managers offer their analysis of three of the worst-performing blue-chip stocks over the past 12 months and name a stock they believe is set for a jump.
Hey, how are you doing? And welcome to Livewire’s Buy Hold Sell. I’m Ally Selby, and they say the lower the price you pay, the better your returns in the future. So today, we’re going to take a look at some of the dogs of the ASX 100 to see if you should be snapping up any bargains right now.
And while last fortnight we had our first-ever all-female panel of Buy Hold Sell, this week we have another first. Today we are joined by two Hughs. Hugh squared if you will – Hugh Dive from Atlas Funds Management and Hugh Giddy from IML. First up today, we have Evolution Mining. It’s down 43 per cent over the past year. Hugh, I might start on you. Is it a buy, hold, or sell?It’s a buy, but a very soft buy, Ally. It’s been a tough year with a range of downgrades, including a fund management downgrade on the 30th of June, which would’ve been very unpleasant for those that owned it – having to write stock reports. But Evolution’s production issues are not insurmountable.
It’s a hold for me. Look, it’s down a lot. I can’t do the Jerry Harvey thing on how much you can get for $29.95 because I don’t actually buy pizza from there. I’m too health conscious, and people less vain than myself about their waistline do go and get Domino’s pizza. I know that it’s a good seller, and it is down a lot, and they’ve got a very strong franchise. But I do think that the health concern is a very real thing. People need to eat more healthily, and COVID should have taught them that.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Intruders target Harry and Meghan's home twice in 12 daysPolice were reportedly called to Prince Harry and Meghan’s palatial mansion in the super wealthy enclave of Montecito twice in 12 days after it was targeted by intruders.
Read more »
Two towns evacuated as Japanese volcano erupts, spewing ash and rocksLarge rocks were blown off as far as 2.5 kilometres away in the southern prefecture of Kagoshima.
Read more »
Ship finally docks after two days stuck at seaThe cruise had its fair share of inconveniences after 150 people on board tested positive to COVID-19 and were forced to isolate in their rooms last week. 9News
Read more »
Childhood hepatitis surge ‘probably linked to two common viruses’Scientists say simultaneous infection with viruses may explain rise in cases, with 12 UK children requiring liver transplants
Read more »
Tour de France Femmes: Vos takes stage two and yellow jersey – as it happenedThe evergreen Marianne Vos emphatically out-sprinted her five breakaway companions to claim stage two and the yellow jersey
Read more »
Ship finally docks after two days stuck at seaThe cruise had its fair share of inconveniences after 150 people on board tested positive to COVID-19 and were forced to isolate in their rooms last week. 9News
Read more »