Don't say I don't do anything for you blokes
Centennial Asset Management'
We have a bullish outlook for the market, particularly for small caps. We expect the RBA to cut rates several more times in the next year. This is likely to inject fresh momentum into household spending and to boost the value of consumer-facing stocks exposed to domestic demand. Secondly, post the recent federal election, where the government was returned with an increased majority, we expect housing policies designed to boost supply and affordability to deliver additional growth for companies exposed to the sector.'Which stock in your fund has the most near-term upside?
'In the short term, we believe Zip has the potential to rally.Zip is well positioned to deliver further strong growth in revenues and profitability. The US buy now, pay later market remains relatively immature and Zip’s US footprint is likely to grow rapidly as it matures. In addition, new product launches are expected to contribute to the company’s transaction volumes and earnings growth during the next year.
Zip’s balance sheet strength and ongoing buyback are also expected to support the share price performance.
Zip has surprised the market with better-than-expected earnings over the last year. Post the most recent quarter, the company upgraded expectations again. We see additional upside earnings risk in the future.'
lol
(20min delay)