Consumer Discretionary

Growth opportunities for Oz stocks; race field fees overplayed; online valuations stretched; subdued consumers; and positive diversifed financials

Thorn Group is showing signs of growth after flatlining in recent years but brokers are reserving judgement.

A bid from private equity firm KKR for Treasury Wine has surprised brokers as they struggle to find the value proposition underpinning the proposal.

It could have been worse, brokers agree, but there are negatives/positives for healthcare, infrastructure, retail and other sectors. Stock impacts debated.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. After a tough twelve months for OrotonGroup, brokers see a cyclical low forming ahead of a significant growth phase similar to that of FY07-12.

Tax burden on labour rising; US plantings delayed; Oz federal budget and consumer spending; FY15 earnings risk for Australian stocks; local advertising trends.

Myer’s future has been the subject of disputed conjecture since David Jones received a takeover offer. One broker is certain the outlook is no less than bleak.

Brokers are increasingly confident the newly listed Dick Smith can deliver sustainable earnings growth.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. JB Hi-Fi is at the top of its class. Maybe a re-rating?

Brokers welcome Treasury Wine’s new CEO and his commitment to the turnaround strategy but they also have a little whine.