Four Aussie stocks to look at in the next decade - Kalkine Media

November 15, 2022 12:12 PM AEDT | By Emma Smith (Guest)
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Generally, investors put their money in stocks with the objective of securing financial future as they think stocks offer a way to earn returns on investment. But not all stocks guarantee that you will improve your situation. Therefore, a lot of time and research is required to determine where you can put your money.

For those that love the AUS200 index, there is one place you may find gems to focus on in the next decade. This is by observing growth stocks. Despite rising interest rates, investors normally expect their share prices and overall financial performance to accelerate faster than the market average. That said, let's go over a few picks which you may keep on radar for the next decade.

29Metals

This company launched its IPO last year. Its stock is currently trading at around AU$2.28 per share, a 27% decrease from its January highs but still better than where it began trading in July of last year. Given that copper trading is near historical highs, Jeremy Curries, an analyst at Goldman Sachs, sees a long-term bull market for commodities on the horizon.

Last April, the bank referred to "copper as the new oil," adding that "no decarbonization is possible without copper.” As various stakeholders work hard to achieve net zero emissions into the environment, most analysts see a rising demand for copper, and they believe this is likely to lead to a mining super cycle.

Judo Capital Holdings (ASX:JDO)

Judo IPO was held last November. The bank is now trading at AU$1.27 per share (as on 15 Nov 2022).

Some market participants consider bank stocks during a rising interest rate period, as their profits are assumed likely to rise. Also, 30% of the bank’s shares are owned by institutions, which means ownership by long-term investors. Its stock may be down with the rest of the market; but earlier this year, the bank managed to turn a profit. Additionally, the institution runs its operations in a specialist niche where it aims to serve small and medium-sized businesses.

GQG Partners Limited (ASX: GQG)

This company held its IPO in Australia last year, managing to raise AU$1.2 billion on an initial market cap of AU$5.9 billion. Its share price debuted at AU$2, but it has since dropped 23% to AU$1.53. That said, the company has about AU$100 billion under management, up from AU$85.8 billion last September, with most of its focus on active equity portfolios.

Rajiv Jain, the CIO, and Chair, has lately shifted his attention from tech stocks as he doesn’t see them as the next growth spot but “yesterday’s growth spot.” That said, GQG is solely focused on healthcare, utilities, and metals. There is also a heavy investment in emerging markets such as China.

Clarity Pharmaceuticals (ASX:CU6)

This company managed to host its IPO in Australia last year. However, its stock is down 58% from its launch price of AU$1.5, but there is no need to panic. At least that is according to Alan Taylor, the company chairman, who believes Clarity will "deliver exceptional clinical and corporate results and we are confident that those results will be a significant catalyst in delivering capital growth for our shareholders."

The company is involved in development of several radiopharmaceutical cancer treatments using its proprietary SAR technology, which enables "superior imaging and therapeutic characteristics of radiopharmaceutical products, addressing current manufacturing and logistical limitations." There has been a breakthrough in its products, which are in clinical trials for tumor treatments.

The company's falling share price is reflective of the uncertainty within the market.

This is not an exhaustive list by any means, and a lot of research and due diligence is required from your side before committing to any given investment.

 


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