Buy Hold Sell, by Livewire Markets

Buy Hold Sell: 5 beaten up growth stocks


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High P/E stocks’ blistering run appeared to have come to a screeching halt in April and May, when the Aussie tech sector got sliced by over 15%. But June showed us that growth stocks only took a bullet to the vest, and their share prices are climbing back again with zest.

In this episode, we invited Ben Clark of TMS Capital and Justin Braitling of Watermark to discuss three stocks rebounding, but below all-time highs:

1) Afterpay – Which nearly halved during the recent mini-tech wreck and then soared 61%. But one of our guests thinks this company will never peak again

2) Treasury Wine – After being smashed by Chinese tariffs, this stock has managed to recover ~20% since its May low
3) IDP Education – A key player in the business of immigration; its share price has risen 25% since bottoming.

The daring duo also pitched two growth stocks - one a tech company, the other an exporter - that were off 75% at one stage, but could be once-in-a-lifetime opportunities for gutsy investors.

Note: This episode was filmed on 23 June 2021.

 

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Buy Hold Sell, by Livewire MarketsBy Livewire Markets


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