Five ASX100 stocks to buy in December
About the author:
- Author name:
- By Andrew Tang
- Job title:
- Analyst - Equity Strategy
- Date posted:
- 05 December 2016, 11:49 AM
- Sectors Covered:
- Equity Strategy and Quant
Our high conviction stocks represent companies we think can thrive regardless of the prevailing economic environment.
In December we add ResMed (RMD) to our high conviction list. Senior Analyst Derek Jellinek discusses ResMed with the Morgans network below:
Morgans clients can login to view our detailed research and share price target for ResMed (RMD).
Here are our other ASX100 high conviction stock picks this month:
ALS Limited (ALQ)
ALS Limited (ALQ) is one of the world’s largest and most diversified analytical testing service providers.
ALQ trades at a discount to international peers and, in our view, offers leverage to ongoing improvements in minerals exploration.
Morgans clients can login to view our detailed research and share price target for ALS Limited (ALQ).
Orora (ORA)
Orora Limited (ORA) is focused on fibre packaging and beverage packaging in Australia and packaging distribution in North America. ORA has 83 distribution sites across seven countries.
We have confidence in ORA's ability to drive organic growth, extract operational efficiencies and execute on acquisitions.
Morgans clients can login to view our detailed research and share price target for Orora (ORA).
Sydney Airport (SYD)
Sydney Airport (SYD) is the 100% owner of Kingsford Smith Airport, Australia’s busiest airport.
We believe the strong business fundamentals (reaffirmed by the most recent investor briefing) will see solid returns for investors with a medium-term investment horizon.
Morgans clients can login to view our detailed research and share price target for Sydney Airport (SYD).
Westpac (WBC)
Westpac (WBC) is Australia’s oldest banking and financial services group, with branches and operations throughout Australia, New Zealand and the near pacific region.
We continue to believe that Westpac has the lowest overall risk profile of the major banks.
Morgans clients can login to view our detailed research and share price target for Westpac (WBC).
More information
Morgans clients can access the full list of high conviction stocks (including our eight small to mid-cap high conviction picks). If you would like more information, please contact your adviser or nearest Morgans office.
Disclaimer: The information contained in this report is provided to you by Morgans Financial Limited as general advice only, and is made without consideration of an individual's relevant personal circumstances. Morgans Financial Limited ABN 49 010 669 726, its related bodies corporate, directors and officers, employees, authorised representatives and agents (“Morgans”) do not accept any liability for any loss or damage arising from or in connection with any action taken or not taken on the basis of information contained in this report, or for any errors or omissions contained within. It is recommended that any persons who wish to act upon this report consult with their Morgans investment adviser before doing so.