Buy Hold Sell: Offshore earners under pressure

Buy Hold Sell: Offshore earners under pressure





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In this episode of Buy Hold Sell we look at stocks that generate their earnings offshore. For the calendar year to date the local currency has rallied 10% against the greenback. The strength in the Australian dollar is widely expected to be a drag on earnings, subsequently share prices of ‘offshore earners’ have started to fall, reflecting this expectation. With the currency being near impossible to predict, we ask two fund managers if they think this shift presents an opportunity to pick up quality business a lower prices. Matthew Kidman from Centennial Funds is joined by Ben Rundle from NAOS and debutant Sam Granger from Totus Capital. The stocks discussed include Boral, James Hardie and Ansell plus each of the panelists put forward their top pick for exposure to offshore earnings.

Visit the Livewire website for more information: www.livewiremarkets.com

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