Buy Hold Sell, by Livewire Markets

Every year, there are a couple of critical investment decisions that investors need to get right in order to set themselves up for a good year. These big decisions often trump stock picking or catching the latest fad at the right time. Rather, they are fundamental to giving yourself a fighting chance of outperforming. This year, if you did nothing else, buying the banks and selling the miners proved fruitful. A close second would have been staying long and strong in tech names, despite some of the nosebleed valuations we’ve all witnessed. So, what are the key themes investors need to have on their radar as we head into 2025? To answer that question, Livewire’s Hans Lee sat down with Henry Jennings from Marcus Today and Hugh Dive from Atlas Funds Management. In this episode, they reflect on what worked and what didn’t in 2024. They also highlight the key themes investors should have on their radars in 2025. For good measure, they each pick one stock that they would bet the house on – if they had to. - and one stock to avoid.  Note: This episode was recorded on Wednesday 4 December 2024.

The end of the year naturally brings a time of reflection. We collectively get a moment to breathe and reflect on our family, friends, and work. For those who play Mr. Market's game, we also invariably run a critical eye over our portfolios and make some decisions on what to keep and what to turf like four-day-old Christmas leftovers. Shedding the duds also means hunting for new opportunities and while piling into the top 10 best performers from this year is always tempting, there are probably some equal, if not better opportunities to be had in the downtrodden.  With that in mind, this latest episode of Buy Hold Sell sees Henry Jennings from Marcus Today and Hugh Dive from Atlas Funds Management rummaging in the bargain bin like someone who camps out for the Boxing Day sales. Will they find any unloved gems? As a bonus, Henry and Hugh each nominate a stock they think is set to get going in 2025.  Note: This episode was recorded on Wednesday 4 December 2024

Every now and then, a company captures the attention of the entire market. Like lightning in a bottle, these companies are typically doing something innovative, disruptive and, more often than not, something that was previously considered impossible. The narrative around the company fuels the share price, and vice versa, and provided earnings keep up, a market darling is born. A previous example was Afterpay, which rocketed to notoriety, riding a wave of Buy-Now-Pay-Later fever. A current example is Life360 (ASX: 360) which has achieved market darling status and has been named by some as the most compelling growth stock on the ASX right now. So what are the stocks that the market is loving today? And are there any that have run too hard, with their share prices and outlooks departing from reality? To answer those questions, Livewire’s Ally Selby was joined by Andrew Peros from Ausbil and David Keelan from Ellerston. In this episode, they run the ruler over three market darlings, and each name a stock they think is flashing red.  Note: This episode was recorded on Wednesday 20 November 2024. 

Ahh, the mystical 10-bagger. A stock that has delivered its investors a 10x return on their initial investment. Initially coined by legendary investor Peter Lynch, who was a fan of discovering undervalued stocks with sustainable and attractive earnings per share growth, a love of 10-baggers saw Lynch's Magellan Fund achieve a 29.2% average return over the 13 years he managed it.  In his book, One Up on Wall Street, Lynch wrote, “In my business a four-bagger is nice, but a ten-bagger is the fiscal equivalent of two home runs and a double.” While this anonymous writer may not know anything about sports, I do know a few talented local fund managers who can help investors identify the ASX's next great 10-baggers.  So, in this episode, Livewire's Ally Selby was joined by Ausbil's Andrew Peros and Ellerston's David Keelan. They share their secrets to identifying long-term compounders, the importance of backing strong founders, the red flags investors should look out for, and whether profitless companies are a problem or worth the risk.  Plus, they each name a company that they believe could become the ASX's next 10-bagger.  Note: This episode of Buy Hold Sell was recorded on Wednesday 20 November 2024. You can read an edited transcript below.  https://www.livewiremarkets.com/wires/could-these-2-stocks-become-the-asx-s-next-10-baggers/