ASX retail stocks hold some very exciting opportunities in FY24

Marc Kennis Marc Kennis, July 14, 2023

 

Some ASX retail stocks are actually in pretty good shape

Stuart Roberts shares his views on the small caps market, pinpointing the widening gap between the performance of small ordinaries and the ASX-100. Based on his observations, Stuart points out the current reticence of investors to purchase small cap stocks, instead prioritising blue chip stocks.

However, he holds a positive outlook for the fiscal year 2024, anticipating a resurgence of interest in small cap ASX retail stocks.

Stuart further reflects on an example of a small cap opportunity in Australia, Adairs (ASX:ADH), outlining its downturn even though their high-end offerings continue to sell at premium prices. He presents their expansion into online offerings and new business ventures as potential areas for growth

 

Stuart Roberts talks retail on Ausbiz

 

Stocks Down Under Concierge is here to help you pick winning stocks!

The team at Stocks Down Under have been in the markets since the mid-90s and we have gone through many ups and downs. We have written about every sector, including ASX retail stocks!

Our Concierge BUY and SELL service picks the best stocks on ASX. We won’t just tell you what to buy – we give you a buy range, price target and stop loss level in order to maximise total returns. And we will only recommend very high conviction stocks where substantial due diligence has been conducted.

Our performance is well ahead of the ASX200 and All Ords.

You can try out Concierge for 3 monthsfor FREE.

 

GET A 3-MONTH FREE TRIAL TO CONCIERGE TODAY

 

There’s no credit card needed – the trial expires automatically.

 

 

Blog Categories

Get Our Top 5 ASX Stocks for FY25

Recent Posts

betting stocks

Betting stocks: How do they make their money? Here are the top 4 ways

The revenue model of Betting stocks is different to any other industry and can confuse even the most seasoned analysts.…

CDIs

CDIs (Chess Depository Interests): Why are some ASX companies listed in this way?

Some ASX companies have their shares listed as CDIs, or ‘Chess Depository Interests’. This is particularly true with American companies…

Retirement investment portfolio diversification

Here are 4 useful retirement investment portfolio diversification tips

Retirement investment portfolio diversification is an essential strategy for any investor seeking to reduce risk and maximise returns. But how can…