Australian (ASX) Stock Market Forum

Best shares for return and best for growth?

gooner
what do you think of PLA ?
Anything else?
I've got a lazy $20K to spend

PLA is not a stock I follow, so no view at all on that one.

I quite like TLS - a bit boring, but I think it has hit its lows. Depends on whether you're a blue chip person or a speccy person. I keep mainly to blue chips but put a little aside for smaller stocks - challenge is getting good research on smaller stocks.

Depending on returns you are after, some of the hybrids are pretty good - major banks offer 3% over market rates and imho are very safe for the return.
 
I hold PLA and biased bill .

Technically in a bewt uptrending TRADING CHANNEL which can be used for accumulation and skimming ........

Each to there own but when i rang Soros to let him know about PLA he certainly listened :D
 
PLA is not a stock I follow, so no view at all on that one.

I quite like TLS - a bit boring, but I think it has hit its lows. Depends on whether you're a blue chip person or a speccy person. I keep mainly to blue chips but put a little aside for smaller stocks - challenge is getting good research on smaller stocks.

Depending on returns you are after, some of the hybrids are pretty good - major banks offer 3% over market rates and imho are very safe for the return.
Thanks, TLS has been coming down for years, I think it's time for it to come back. The banks have come up significantly already so I don't know if they are worth buying now. Energy and resource stocks would be my preference.
 
I hold PLA and biased bill .
Technically in a bewt uptrending TRADING CHANNEL which can be used for accumulation and skimming ........

Are you holding long term or trading it?
It's price is all over the place but seems to be going sideways and trending upwards
 
Are you holding long term or trading it?
It's price is all over the place but seems to be going sideways and trending upwards


Both ... i hold a parcel for a longer term hold and also trading the channel where instead of cash profits i keep stock instead to add to longer based holding.


This strategy may not suit some of the more text book types here but cant say that really bothers me ... each to there own i reckon.
 
Julia

IMO it would be pointles to buy those particular ones because they've already had good gains so big gains in the near future are questionable.
Really? So how do you determine that a SP has reached its ultimate high?

For example CPB has just about returned to the peak price it had in 2007/8 and then OKN has done something like 400% from it's low, TRS never fell enough and is back at its 2007 peak etc etc
So you consider a stock will never rise above its previous peak?

If you were to apply this principle to most shares at a given point in their history you could say the same thing.

Just to use a well known example: RIO: In 2007 the popular wisdom said it would not go to $100. It had gone from around $30 in 2004 to around $90 2006/7.
It went to over $150 prior to the downturn late 2008.

UGL and WOR are still 50% down from their peak so they could be good candidates
Do you know of any other good underperformers?

cheers
Or they may turn into dogs. How are you going to tell, given your previous criteria that if a stock has risen substantially, perhaps even passed its previous highs, it's therefore not worth buying????

Do I know of any other good underperformers?
I don't look for underperformers. I look for stocks that are in a good uptrend.
You might like to buy the book "How to Profit in Bull and Bear Markets" by Stan Weinstein. That would help you to understand the basics of price action.
 
Or they may turn into dogs.
How are you going to tell, given your previous criteria that if a stock has risen substantially, perhaps even passed its previous highs, it's therefore not worth buying????
.
I can only tell from company persformance but even if a stock has risen substantially it could still be worth buying,
It depends on what people are looking for.
My motive is simple, I'm after stocks which have not recovered fully so that I can benefit from the upswing. At the same time, I also consider those safer to hold because it's unlikely that they'll fall below their 2008 lows
 
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