Everybody has an opinion in picking stocks when times get tough and volatile and the market just crashed. There are so many stocks to choose from a sea of companies that are quite volatile at times like this and picking the right shares can be a bit of a challenge.
Below is our mix of picks of companies that in some way or the other are related to the current volatile times and might even make you more money in such uncharted times or then again might crash and die. Its a risk you can take if your wiling to trade.
There will be some stocks that will come climb up from their bottom to their past highs and make you heaps of money, and there could be some who just fold up and go into insolvency.
Its uncertain times, so it’s advisable to do your own research while stock picking.
Defensive Retail stocks
We will start with some defensive stocks from the retail sector. These two stocks are a necessity to everyday consumers in any situation and so you could call them a defensive stock. Right now, they are doing good business compared to many others
Company Stock prices listed below are at the time of publishing in April 2020
1. WOOLWORTHS [WOW.ASX $36]
2. COLES [COL.ASX $15.83]
3. Metcash Or IGA [MTS.ASX $3.06]
Online Learning / Working
Online working from home and studying from home has become popular out of necessity in times like these, so we have two education (learn online stocks)
4. READCLOUD LTD [RCL.ASX $0.29]
Readcloud provides an online learning platform for schools. ReadCloud is an Australian software company who has developed a unique eReading/eBook platform that delivers digital curriculum to over school customers across Australia. This stock has got a fair bit of movement in recent times. Times like now could actually provide a boost to their business, lets see how things pan out.
5. OPEN LEARNING LTD [OLL.ASX $0.23]
OpenLearning Limited is an ASX-listed educational technology company based in Australia that offers a social online learning platform that can deliver massive open online courses, short courses and online degrees.
While online learning could see a temporary boost, so could related products like sit-stand up desks companies and companies that provide remote connection to work or cloud computing and software company Citrix Systems (CTXS)
Home Food Companies or Meal delivery kits
There are not many companies listed in this niche, however these two could perform better in current situation. The historic profit margins are not so good, so it warrants a deeper more scrutinised look at profits and balance sheets before investing
6. MARLEY SPOON AG [MMM.ASX $0.73]
Marley spoon headquarters in Germany is in the Australian meal-kit delivery market. Marley Spoon’s concept is very similar to other food box services providing a range of meal options to choose from including meat, fish and vegetarian.
Each meal is packaged in its own brown bag containing all the ingredients for that recipe so that you don’t have to go shopping for it.
7. HelloFresh [ 29.22 EUR HelloFresh SE (Xetra)]
Hello fresh is another company in the meal delivery business that has origins in Germany.
HelloFresh, whose registered name is Grocery Delivery E-Services Australia Pty Limited, reported a $5.4 million profit off $126.5 million sales revenue in calendar 2017 according to accounts just lodged with the Australian Securities & Investment Commission.
Check their price here – https://www.hellofreshgroup.com/websites/hellofresh/English/2100/share-price.html
In this niche jenny craig is another company that is not listed on the Australian stock market and Weigh watchers (WW) is another that is listed in NASDAQ @ 15.62 currently
TOILET PAPER COMPANIES
8. ASALEO CARE LIMITED (AHY) ASX: AHY $1.02
Asaleo Care is a leading personal care and hygiene Company that manufactures, markets, distributes and sells essential everyday consumer products across the Feminine, Incontinence and Baby Care, Consumer Tissue and Professional Hygiene product categories. They have products like Libra, Handee Ultra, Purex, Sorbent, Treasures, Deeko, Viti and Orchid, and global brands TENA and Tork
ABC tissue – Quilton, cottonsoft, symphony,
Fifteen per cent of the pulp needed for toilet paper manufacturing in Australia was imported, and it came from around 15 countries including Brazil, Chile, Finland, Sweden and New Zealand.
Solaris Paper was also known as the maker of Sorbent, and Encore Tissue has a tissue processing plant
While food companies like sizzler, KFC, McDonalds are not exactly 100% takeaway, they can do well in the current climate offering just their takeaway services which they normally do anyway. A closure in restaurants dining in will see a boost in this business
9. Collin Foods [CKF.ASX $5.73] – KFC
Collin foods operates restaurant chains KFC and Sizzler in Australia and parts of Asia. Collins Foods Limited is an ASX200 company (ASX: CKF) which operates food service retail outlets
Related to this takeway business, the food delivery companies that deliver these takeways like Deliveroo, uber eats might see some boost from the boost in takeaway.
10. Fisher and Paykel Healthcare [ FPH.ASX $29.78]
Fisher & Paykel Healthcare Corporation Limited is a manufacturer, designer and marketer of products and systems for use in respiratory care, acute care, and the treatment of obstructive sleep apnea. Based in New Zealand, their products and systems are sold in around 120 countries worldwide
Still good buys
11. Ansell [ANN.ASX $28.89]
Ansell is an Australian company which was previously well known as a condom manufacturer but sold that division in 2017.
Ansell Limited (ANN) is involved in the development, manufacturing and sourcing, distribution and sale of gloves and protective personal equipment in the industrial and medical end markets. Ansell operates in two main business segments, Industrial and Healthcare. The latest half year results aside, and investors are drawn to stocks like Ansell for its defensive growth potential.
12. Resmed [RMD.ASX $23.64]
Respiratory device manufacturer Resmed (ASX: RMD) has been a safe harbour for investors during the ongoing crisis, with the company looking to more than double the output of ventilators in order to meet the huge spike in demand. ResMed is a San Diego, California-based medical equipment company
Online selling companies
In current situation with outdoor restrictions in place in many countries, online shopping will surely rise, and companies like Amazon and Alibaba are sure to benefit, even though the economy is down and jobs are lost
13. Amazon.com, Inc. [NASDAQ: AMZN]
1,907.70 USD 0.00
Amazon is listed in the US NASDAQ. Amazon.com is an American multinational technology company focusing on e-commerce, cloud computing, digital streaming, and artificial intelligence.
14. Alibaba Group Holding Ltd – ADR [NYSE: BABA]
Alibaba Group Holding Limited is a Chinese multinational technology company specialising in e-commerce, retail, Internet, and technology.
Investing in gold
You can invest in gold by investing in a gold company, investing in physically held gold, or then in a Gold ETF.
Is the option if you want a Australia hedged ETF investment. It is Backed by physical gold bullion held in London vault of JP Morgan Chase and is available to trade on ASX like any share.
You can buy or sell these units just like you’d buy or sell any share on the ASX and the fund requires no minimum investment.
17. Physical GOLD ASX: PMGOLD
Perth Mint Gold (ASX CODE: PMGOLD) is a right to gold created by The Perth Mint, which gives investors the ability to purchase Government-backed gold via the Australian Securities Exchange (ASX).
More Healthcare Related stocks
18. CSL Limited [CSL.ASX $307]
CSL Limited is a global specialty biotechnology company that researches, develops, manufactures, and markets products to treat and prevent serious human medical conditions.
It takes part in the development, production and marketing of pharma and diagnostic goods, human plasma fractions and cell culture media and commercialisation and supply of innovative biotherapies and influenza vaccines.
19. Cochlear Limited [ ASX: COH $195.50 ]
Cochlear is a medical device company that designs, manufactures and supplies the Nucleus cochlear implant, the Hybrid electro-acoustic implant and the Baha bone conduction implant.
20. Sonic Healthcare [ASX:SHL $23]
Sonic Healthcare Limited is an Australian company that provides laboratory services, pathology, and radiology services. Hunter Imaging Group forms part of Sonic Healthcare. It has operations in Australia, the USA, Germany, Switzerland, the United Kingdom, Belgium, Ireland and New Zealand.
This is general advice only. Australian Stock watch has not considered your personal financial needs, objectives or current situation. This information is not an offer, solicitation, or a recommendation for any financial product unless expressly stated.
You should seek professional investment advice before making any investment decision.