Chanticleer
WAM Capital hunts earnings surprises among beaten-up stocks
WAM Capital is sticking with its bet on Australia’s post-COVID reopening and believes some pockets of the ASX have been oversold.
Like most investors, WAM Capital portfolio manager Oscar Oberg wakes each morning with a little trepidation about the news coming out of Wall Street.
And with no sign that the spectacular stock movements are over – Facebook’s staggering 26 per cent fall delivered another gut-punch to tech investors on Thursday night – there’s plenty of reason to worry about the spillover into Australian markets.
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