Reporting Season: Technology and On-line Sector Preview
About the author:
- Author name:
- By Anthony Porto
- Job title:
- Senior Analyst
- Date posted:
- 04 August 2021, 3:00 PM
- Sectors Covered:
- Online, Emerging Tech
Anthony Porto, Morgans Senior Analyst discusses the upcoming results and likely topics of interest for the online classifieds sector. The sector in aggregate has underperformed the market since releasing their 1H21 results, despite market conditions (excluding the short-term impact of lockdowns) generally becoming more favourable in the period.
Current preferences are Carsales.com (ASX:CAR) and Seek (ASX:SEK) followed by REA Group (ASX:REA) and Domain Holdings (ASX:DHG). Small caps that look attractive include Frontier Digital Ventures (ASX:FDV), Booktopia Group (ASX:BKG), Airtasker (ASX:ART) and Catapult Group (ASX:CAT)
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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.
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