Three ASX stocks to buy today (and three more to avoid)
Australian fund managers have named a beaten-up steelmaker, a pricey tech darling and a home appliance manufacturer among stocks to own this year – and flagged three that should be avoided.
When asked what his team had been focused on during the earnings season, Ben Griffiths, co-founder and portfolio manager at Eley Griffiths, said he had his eye on companies with strict cost management amid still-high inflation.
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Joshua Peach is a Markets Reporter at The Australian Financial Review Email Joshua at joshua.peach@nine.com.au
Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
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