On this episode of the Invest it Best podcast host Ted Richards speaks with Wilsons Senior Analyst, Rob Crookston about the latest reporting season. They discuss the following;
- The 3 key themes from this reporting season;
- The resilience of the consumer
- Cost movements: which sectors experienced inflation vs which sectors experienced cost disinflation
- Who has pricing power and successfully passed on costs?
- Banks
- Competition for lending & deposits
- CBAs valuation
- Retail
- Saving buffers have provided support to consumers but how long can this be sustained?
- Healthcare
- Resmed and investors concerns around weight loss drugs impacting market demand for sleep apnea devices
- Real Estate
- Goodman Groups investment in data centres
- Why Rob prefers Goodman Group over NextDC
- Building Supplies
- James Hardie's margin expansion due to cost dis-inflation
- Packaging
- Destocking of high stock levels post covid providing tail winds for Amcor
Links
Rob's reporting season research report can be found here
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The Invest it Best podcast is proudly brought to you by WILSONS, one of Australia's leading financial advisory firms.
WILSONS Financial Services Guide (FSG) can be found here
