Should The Investors Be Turning Their Heads To These 4 Stocks (Starting From 'C') In The Year 2019 - CKF, CBA, CGF And CSL

  • Jan 06, 2019 AEDT
  • Team Kalkine
Should The Investors Be Turning Their Heads To These 4 Stocks (Starting From 'C') In The Year 2019 - CKF, CBA, CGF And CSL

With the beginning of the new year, investors are searching for stocks that could provide them with good returns in 2019. Let’s take a look at the operational, business and stock performance of the below-mentioned stock to know if the investors should keep an eye on these stocks in FY 2019.

Collins Foods Limited (ASX: CKF)

Collins Foods Limited (ASX: CKF) has witnessed a 27.6% revenue growth in the first half of FY19 as compared to H118, mainly due to the strong results from KFC Australia business which reported a same-store sales growth of 3.1% (H118: 1.2%). The company earned a Statutory EBITDA $53.6 million in H1 2019 which was 42.9% higher than H1 2018.

Meanwhile, in the past 6 months, the share price of the company increased by 9.07 percent as on 3 January 2019. With the close of the trading session on 4 January 2019, the shares closed at $6.140 with a market capitalization of $700.24mn. The company has achieved strong operational and stock performance in the recent past which is why investors should keep a close eye on this stock.

Commonwealth Bank of Australia (ASX: CBA)

Australia’s leading banking group Commonwealth Bank of Australia (ASX: CBA) demonstrated resilient strong business performance in Q1 FY19 with Unaudited statutory net profit of around $2.45 billion and Unaudited cash net profit of approximately $2.50 billion. The company reported a Liquidity Coverage Ratio (LCR) of 133% and Net Stable Funding Ratio (NSFR) was 113% in the first quarter of FY 2019.

In the past six months, the share price of the company crashed by 2.88 percent as on 3 January 2019. Commonwealth Bank’s shares traded at $71.890 with a market capitalization of circa $127.17 billion as on 4 January 2019. With resilient business performance in the first quarter of 2019, the company is catching the eyes of the investors.

Challenger Limited (ASX: CGF)

The investment management company, Challenger Limited (ASX: CGF) has announced that S&P Global Ratings (S&P) have affirmed the credit rating and outlook for both Challenger Life Company Limited and Challenger Limited. S&P has given a BBB+’ rating with a positive outlook to Challenger Limited.

As at 30 September 2018, the company was managing $81 billion in assets, and recently the company also became a substantial holder in Webjet Limited by having 6,562,642 person’s vote with 5.12% of voting power. In the past six months, the share price of the company plunged by 23.46 percent as on 3 January 2019. CGF’s shares traded at $9.090 with a market capitalization of circa $5.58 billion as on 4 January 2019.

CSL Limited (ASX: CSL)

Leading healthcare company CSL Limited (ASX: CSL) reported a net profit after tax of $1,729 million in FY 2018 which was 29 percent higher than the previous corresponding year. The company earned a revenue of $7,915 million and reported Earnings before interest and tax of $2,380 million in FY 2018. Further, the company also reported Cashflow from Operations of $1,902 million which was 53 percent higher than the previous corresponding year. During the financial year 2018, the sales of the company’s Privigen® grew by 13 percent, and the company’s Specialty Products portfolio sales grew by 24% on a constant currency basis.

Meanwhile, in the last six months, the share price of the company crashed by 4.24 percent as on 3 January 2019. CSL Ltd.’s shares traded at $188.530 with a market capitalization of circa $85.81 billion as on 4 January 2019. As the company has achieved strong operational performance in FY 2018, the investors should keep a close eye on this stock.


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