Top stocks for 2011 In the latest instalment of Top Stocks, author MARTIN ROTH says astute investors who buy quality companies, rather than worrying about the direction of the overall market, could realise some impressive long-term gains.
Melbourne company M2 Telecommunications has just doubled in size, thanks to two acquisitions. Its sales have grown by more than 10 times in just four years, and it continues to expand. It is forecasting profits will rise a further 40 per cent in its June 2011 year.
MTU Price at posting:
$2.77 Sentiment: Hold Disclosure: Held