Maybe you are sick of hearing this, but it doesn’t make it any less true: it’s a turbulent time for ASX shares at the moment.
With much of the world still struggling with both high inflation and steep interest rate rises, it’s touch-and-go whether some of the largest economies will fall into recession.
In such a time, Bell Direct market analyst Grady Wulff suggests targeting three specific ASX sectors to buy into: energy , retail and healthcare .
“For energy, there is one specific stock in there that we have a really high outlook on,” Wulff said at the Australian Shareholders Association conference this week.“Investors have fled retail stocks… but there’s value in this space when you look for value shopping.”Healthcare has outperformed the market over the last decade, she added, but there are still “quite a few opportunities” right now.So here are three ASX shares from those industries that Wulff and […]
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