Ausbiz – Two retail stocks with “promising” growth
In my recent interview with Ausbiz, I gave an overview of the current earnings season, shedding light on how the uncertain economic environment has influenced company performances. Despite the unclear macroeconomic picture, there has been a notable trend of companies exceeding earnings expectations. A key concern emerging from these financial results is the impact of a persistently high-interest rate environment on various sectors. Specific companies like ARB (ASX:ARB) and Nick Scali (ASX:NCK) show promise, demonstrating that businesses with strong overseas growth opportunities can still thrive even in challenging economic conditions.
You can watch the full interview here: Ausbiz – Two retail stocks with “promising” growth
Roger Montgomery is the Founder and Chairman of Montgomery Investment Management. Roger has over three decades of experience in funds management and related activities, including equities analysis, equity and derivatives strategy, trading and stockbroking. Prior to establishing Montgomery, Roger held positions at Ord Minnett Jardine Fleming, BT (Australia) Limited and Merrill Lynch.
This post was contributed by a representative of Montgomery Investment Management Pty Limited (AFSL No. 354564). The principal purpose of this post is to provide factual information and not provide financial product advice. Additionally, the information provided is not intended to provide any recommendation or opinion about any financial product. Any commentary and statements of opinion however may contain general advice only that is prepared without taking into account your personal objectives, financial circumstances or needs. Because of this, before acting on any of the information provided, you should always consider its appropriateness in light of your personal objectives, financial circumstances and needs and should consider seeking independent advice from a financial advisor if necessary before making any decisions. This post specifically excludes personal advice.
