Evaluating your portfolio post-reporting season is crucial, especially in a market where stock prices have surged, and the euphoria presents a disconnect from company fundamentals.
Remarkably, the last reporting season saw the ASX300 aggregate earnings forecast decline by 1%, even as the stock market remained near all-time highs. The rise of passive ETFs has exacerbated this disconnect, inflating stock prices and creating a bubble, particularly around financially vulnerable companies.
At Stock Doctor, we do not follow the herd. We base our investment decisions on solid facts and fundamentals. Our unique Financial Health model and rigorous quantitative stock selection methodology have consistently steered us clear of corporate failures while identifying high performers.
Despite the recent downturn in overall earnings, our approach has successfully identified stocks such as logistics software business Wisetech (WTC), circuit board designer Altium (ALU), novated leasing business McMillan Shakespeare (MMS) and mining software business RPM Global (RUL), all of which have seen over 20% gains in the past month. It has been an outstanding reporting season for our members.
$1,745
$3,411
$4,789
$6,527
$1,745
$3,411
$4,789
$6,527
To discuss the future of your investments in detail, book in a free consultation with a Lincoln representative.
To discuss the future of your investments in detail, book in a free consultation with a Lincoln financial expert.