Buy, hold, sell: Five stocks for a Santa rally

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Blackmore Capital’s Marcus Bogdan and Firetrail Investments’ Blake Henricks analyse five stocks poised for a possible rally into the new year.

Hello and welcome to Livewire’s Buy Hold Sell. I’m Grady Wulff and this is our last episode for 2022 so we thought we’d get in the festive spirit.

Now, let’s face it, 2022 has been a very hard year for reading markets and markets in general, so can investors hold out a little bit of hope for a Santa rally to finish off this year with a bang? To find out if we can hope for a Santa rally, I’m joined by Blake Henricks from Firetrail and Marcus Bogdan from Blackmore Capital. Gentlemen, thanks for your time today. First of all, Marcus, can we expect a Santa rally to end this year off on a high?Well, I think we’ve front-loaded the results - we’ve had strong results in October and November, so I think that’ll take some of the fizz out going into the end of the year. But I still think we can continue to rise modestly from these levels.

 

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