29 March 2022

Welcome to the latest edition of our newsletter updating you about the share markets.

Market Overview

According to a recent article written by American financial news outlet Barrons, the impact around Europe from the Russia – Ukraine war is lower than expected. This means the global economy could potentially stay stronger than expected, which is good for corporate earnings.

This is why share prices are recovering. Many investors feel prices are either fair or undervalued at the moment, which is why we suggest keeping an eye out for corporate companies which have been affected by the conflict and whose share price appears to have bottomed.  With investors gaining more confidence that stocks should be starting to recover, there are profits to be capitalised on.

Tip of the Week

This week’s tip of the week is for a NZX-listed provider of services to the chemicals and hazardous goods industry. The company is currently benefiting from its exposure to the agricultural sector, which is seeing strong prices for produce.

We’ve issued two positive return tips so far this week. The first, DGL Group, is continuing to benefit from recent acquisitions. For the second, Monash IVF Group, its share price has risen rapidly and appears to now be fully priced.

Top Tips

Stockfox tips are categorised by level of risk, with the three levels being low, medium and high.

Here are two of our best performing medium risk companies over the past three months, plus one where we didn’t get it quite right but issued a stop loss alert after nine weeks to help investors mitigate the impact.

See the performance of all tips here.

NB: These are examples of just some of Stockfox trading recommendations. They are not a reflection of the success of all Stockfox tips, nor are they necessarily an indication of the success of any future Stockfox tips. If you act on our advice, there is no guarantee as to the repayment of your investment or any particular rate of return.