Share tips: April 2016
Do we always tell you that we listen? Well, here is proof that we do. For the first time in The CEO Magazine’s illustrious history, we are recommending stocks for you to sell, in addition to our usual buy ratings—two of each for you. As usual, do your own research, but we hope that our advice will help your portfolio.
BUY
1. Altium (ALU)
Altium first appeared on our radar at the turn of the year, at which time it was within inches of appearing on this share tips page. Back then, it was trading around AU$4.40 and it has since been on an impressive uptrend that we see continuing. The company is an enterprise-software producer, and its ability to grow subscribers and expand its sales has been directly responsible for its growing share price. The company has a diversified portfolio geographically, mainly in the US and Europe; however, there is also a reasonably sized business in Asia, including China. We suspect 2016 will be a pivotal year for Altium and expect strong share price appreciation to continue.
2. Macquarie Group (MQG)
Macquarie is no newcomer to this page, but in a nutshell, it’s been oversold during recent market turmoil. Its diverse investment banking operations throughout Europe, the Americas, and Asia are performing well, and recent weakness provides a useful buying opportunity. The shares have suffered since the turn of the year, and wrongly so.
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