Stocks I’m Buying:

Posted in   Members only   on  May 18, 2023 by  Money Bren0

Nothing in this article is financial advice. The writer is not your financial advisor. Investing contains risk and you can lose money. Consult your own professionals before making investment decisions. This article may contain affiliate links. 

The only four stocks I’m buying in NZ right now continue to be:

MCK – Still great value with little downside and a solid dividend.

SUM – Best in class in retirement operators.

SKT – Will probably cash flow its entire market cap in the next 5 years. Also a monopoly on sports broadcasting in NZ.

ARV – Bargain at 50% book value, although is up about 15% since I first called it.

I think all of these stocks could realistically double within the next 1-2 years.

Some stocks that are getting interesting:

JD – is a mega Chinese retailer trading at low multiples. Probably better value than Alibaba right now.

SKC – Skycity is a natural monopoly in New Zealand and trading at book value. Good dividend payer.

Remember – these are NOT buy recommendations and NOT financial advice. Just some ideas for you to look into. If you haven’t been through Simple Stocks yet and don’t know how to analyse/research a stock, indexing is the safest option for you.

Disclosure: I own all of the above both personally and or the public portfolio (most in both), EXCEPT for Skycity, which I don’t own yet but I’m still watching.

Also think Bitcoin is still a great buy at this price.

Keep hustling.


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