3 shares to buy from the 3 hottest ASX sectors right now

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 […]

About the author: StockMan
Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.
Posting Guidelines
Do
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!

Comments

No comments yet