It's time to be greedy... Buy these 5 shares today!

by , 16 October 2018
It's time to be greedy...  Buy these 5 shares today!
Volatility provides buying opportunities, as investors panic sell and then buy after the shares inch higher.

Investors were complacent leading up to last week due to low amounts of volatility experienced in the past two months.

The sell-off caught almost everyone by surprise. But this is a normal function of the market. Over the past 90 years, the S&P 500 has had a 5% decline around every 2 months with a 10% drop every 6 months.


Large intra-year pull backs are also normal.  Since 1980, the S&P 500 has had intra-year declines of almost 14% while still posting a yearly gain 75% of the time.
 
Higher volatility is here to stay as investors grapple with what higher interest rates and inflation mean for their portfolios.
 
Investors should look for share trading on large negative standard deviations for opportunities. Below are shares investors can look to add to their portfolios. Aspen, Imperial, Tiger Brands, Coronation and Quilter look attractive at these levels.

 

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Movers and Shakers
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The week ahead:

  • Local Data: Retail trade sales (17/10); Motor trade sales, Mining: Production and sales (18/10)
  • Results Due:  CGR, CMH, PIK, PSG (16/10); ACS, DCP (17/10); DTC, SPA, SEA (18/10); PSV (19/10)
  • LDT (16/10): CPI, CGN, ELR, GTR, ILRP2, ITU, JSC, RCL, RMI, RLF, SFN, TLM, TEX, WBO, Various Satrix ETFS
  • Special Dividend: STXRES, STXSWX
 
Other Economic data releases of interest…
 
  • Tuesday: CPI (NZL); Average Earnings Index (UK)
  • Wednesday: CPI (UK); FOMC Meeting Minutes (USA)
  • Thursday: Unemployment Rate (AUS); BOJ Gov Kuroda Speaks (JP); Retail Sales (UK); EU Economic Summit (EU)
  • Friday: GDP (CNY); BOJ Gov Kuroda Speaks (JP); CPI, Core Retail Sales (CAN); BOE Gov Carney Speaks (UK)
 
Short Term Ideas
  • Goldfields: 18.6% open gain, target remains at R43.75, increase stop loss to R38.25
 
Long Term Ideas
  • Dischem: Results due tomorrow, leave buy order at R28.05
  • Lewis: Buy below R30, target R47.50.
  • Remgro: Buy below R200, MEI recovery will support rise.
  • Coronation: Accumulate below R50.00 for a move back to R80
  • Shoprite: A break above R200 is needed to curb further declines. Hold.
  • Aspen: Add below R165.00, keep exposure appropriate.
  • Sygnia: Trading below R8. Add
  • MTN: Average price R92.50. Support building at R80. Hold
  • Glencore: Up 20.9%. Copper price rising strongly. Hold
  • Naspers: Support building at R2,850. Buy below R2,900.

 

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It's time to be greedy... Buy these 5 shares today!
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