Intelligent Investor

Portfolios trade

Our Growth and Equity Income portfolios have purchased a longstanding member of our Buy list.
By · 30 Jun 2016
By ·
30 Jun 2016 · 2 min read
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Recommendation

CAR Group Limited - CAR
Buy
below 11.00
Hold
up to 15.00
Sell
above 15.00
Buy Hold Sell Meter
HOLD at $12.01
Current price
$33.15 at 10:50 (19 April 2024)

Price at review
$12.01 at (30 June 2016)

Max Portfolio Weighting
6%

Business Risk
Medium

Share Price Risk
Medium-High
All Prices are in AUD ($)
News Corporation - NWS
Buy
below 22.00
Hold
up to 36.00
Sell
above 36.00
Buy Hold Sell Meter
BUY at $15.00
Current price
$38.56 at 10:50 (19 April 2024)

Price at review
$15.00 at (30 June 2016)

Max Portfolio Weighting
5%

Business Risk
High

Share Price Risk
High
All Prices are in AUD ($)

Our Growth and Equity Income portfolios have sold approximately half their respective holdings in Carsales at $11.87, reducing their weightings in the stock to about 3%, and have used the cash to buy 3.5% positions in News Corp at $14.91.

Note: Find out how to invest directly in this and other Intelligent Investor and InvestSMART portfolios by clicking here.

Disclosure: The author owns shares in News Corp and Carsales.

 

IMPORTANT: Intelligent Investor is published by InvestSMART Financial Services Pty Limited AFSL 226435 (Licensee). Information is general financial product advice. You should consider your own personal objectives, financial situation and needs before making any investment decision and review the Product Disclosure Statement. InvestSMART Funds Management Limited (RE) is the responsible entity of various managed investment schemes and is a related party of the Licensee. The RE may own, buy or sell the shares suggested in this article simultaneous with, or following the release of this article. Any such transaction could affect the price of the share. All indications of performance returns are historical and cannot be relied upon as an indicator for future performance.
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