Sonic Healthcare – Buy

Posted on | by Leon Hinde

Sonic Healthcare is looking oversold and we believe buying support will build within the $31 – $34 price range.

SHL has a large percentage of its diagnostic equipment revenue based in US Dollars. As such, the company will benefit from the lower Aussie Dollar.

 

Global Infrastructure ETF

Posted on | by Leon Hinde

Vanguard Global Infrastructure Index is in our “high conviction” portfolio and has now rallied from the $52 support level.

We see continued upside for the fund, which offers investors diversified exposure to infrastructure sectors, including transportation, energy and telecommunications.

Since writing the above post, Vanguard Global Infrastructure Index has rallied 10%.

Further upside is likely over the next 12 months and we see scope for another 10 to 20% increase from the current level.

SPDR S&P Global Dividend Fund

Posted on | by Leon Hinde

SPDR S&P GLOBAL DIVIDEND is a holding in our “ASX All ETF” model portfolio.

We see value at the current $15.50 price range.

The S&P Global Dividend Aristocrats is designed to measure the performance of high dividend yielding companies within the
S&P Global Broad Market Index (BMI) that have followed a policy of increasing or stable dividends for at least 10 consecutive years.

Buying momentum continues to build in the SPDR S&P Global Dividend with the price now $16.00