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Livewire - Buy Hold Sell 30/08/19

30/08/19 - Buy Hold Sell - 6 standout results - Earnings season is done, and there have been plenty of surprises with accompanying share price dislocations. And because news takes time to be fully factored in, the move on day one often just marks the start of a sustained trend.

So, for this week’s Buy Hold Sell we focus on some companies that over-delivered, namely Treasury Wines, SmartGroup and Wisetech. The average gain on day one for this group was +10.6%, with the average gain for them from their results to today +21.6% already.

We asked our panelists, Jun Bei Liu from Tribeca and Andrew Mitchell from Ophir Asset Management if there could be more to come from these stocks and to nominate their pick for the standout result this August.

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