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

Kamala Harris stocks

Kamala Harris stocks: If Joe Biden’s VP wins the White House in 2024, which stocks will win?

With the US Presidential election now certain to be a Kamala Harris v Donald Trump showdown, we’ve looked at so-called…

South32

South32 (ASX:S32): Is it the dark horse amongst ASX 200 miners or have cyclones and commodity prices hit it too hard?

South32 (ASX:S32) began life as a spinoff from BHP back in 2015, capitalised at $9bn. In mid-2024, it is capped…

drug reimbursement

Here’s why drug reimbursement is so important for ASX healthcare stocks

Let’s take a look at the concept of drug reimbursement, something that is crucial for ASX healthcare stocks looking to…