Concierge gives you timely BUY and SELL alerts on ASX-listed stocks
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
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