For the first 2 months of the year investors have endured a torrid time. However those of you that have listened are now reaping the rewards of savvy investing. ATM has been a strong advocate that the market reaction was over extended and promoted taking the selloff as a buying opportunity to add quality stocks to your portfolio. Share prices are now bouncing and bouncing fast. The ASX 200 is up over 7% from its lows in under a month. For those long term investors that chose to listen you will be sitting on a tidy profit. However opportunities still exists.
Below is a list of the 35 worst performing stocks on the ASX. We have highlighted the stocks that we like most over the medium term. We do NOT advocate buying stocks that are ‘cheap’ because they share price has declined. We believe in buying good business for cheap prices. Investors should not simply buy because prices have fallen, rather that fundamentals have become misaligned with the share price.
ATM'...