Monthly Archives: August 2020

In addition to the acceleration of e-commerce in Australia, COVID-19 has produced several themes that are generating retail winners; some are benefitting from the Do-Up-Your-Home-Because-You’ll-Be-Spending-More-Time-There theme, there are those benefitting from the boost to income from JobKeeper, JobSeeker and early Superannuation withdrawals, and there are those that will benefit from the additional A$45 billion spent locally that was previously spent on, or during, overseas holidays.  And many retailers of course are benefitting from all three themes. Continue…

by Roger Montgomery Posted in Companies, Consumer discretionary, Stocks We Like.

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Living in a world with COVID-19 certainly has changed the habits of many of us, particularly when it comes to our consumer behaviour. We have seen business models and sectors bought to their knees (Virgin, Flight Centre, Myer, Unibail Rodamco Westfield) while others have found themselves suddenly with an online business in hot demand (Kogan, Adairs, Marley Spoon, Temple and Webster). So, will consumers continue to support their new online practices and which areas have been the real beneficiaries. Continue…

by Scott Phillips Posted in Consumer discretionary.

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by Roger Montgomery's Team Posted in Old Content.

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For more evidence that discretionary retail is absolutely booming right now, particularly the furniture and homewares category, look no further than Nick Scali’s (ASX:NCK) strong FY20 result and near-term outlook. NCK’s result follows hot on the heels of strong updates by key homewares peers, Temple & Webster (ASX:TPW) and Beacon Lighting (ASX:BLX), and reinforces our conviction in Adairs (ASX:ADH) heading into results season. Continue…

by Dominic Rose Posted in Companies, Consumer discretionary, Stocks We Like.

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The current boom in equities is not as broad-based as it might first appear. Putting aside materials and gold stocks, the rest of the market can be divided into the ‘haves’ and the ‘have nots’. And it may be more important than ever to be an owner of the ‘haves’.

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by Roger Montgomery Posted in Companies, Editor's Pick, Stocks We Like.

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by Roger Montgomery's Team Posted in Old Content.

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Much has been made of the exorbitant share prices of the world’s largest technology companies – Facebook, Apple, Amazon, Microsoft and Google. But, given the quality of their businesses, their market dominance and continuing growth prospects, are they really too expensive? Continue…

by Roger Montgomery Posted in Companies, Stocks We Like.

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One of the most fundamental dichotomies that can be drawn in equity markets is the one that separates “value” from “growth”.  In simple terms, you pick a basic metric – say price to earnings ratio – and you divide the market up into those stocks with a PE ratio above the average (growth stocks) and those with a PE ratio below the average (value stocks). Continue…

by Tim Kelley Posted in Investing Education.

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Since listing on the ASX in January 2019, the share price of broadband provider, Uniti Wireless (ASX:UWL) has enjoyed spectacular growth. From an IPO price of 25 cents, shares have rocketed to $1.60, with the business growing via consolidation. The upcoming merger with OptiComm Limited (ASX:OPC) will make the business even stronger. Continue…

by David Buckland Posted in Companies, Stocks We Like.

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by Roger Montgomery's Team Posted in Old Content.

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