Last night the Apple share price hit an all-time closing high of $133.29, meaning patient investors are being well rewarded for their investment.
It was once easy for Australian companies to keep track of what the press was saying about them by subscribing to Media Monitor’s services.
Since last writing about Vita Group the shares touched $5.36 – a return of 61% in a few months excluding dividends.
This week’s Hot Stock is courtesy of Roger Montgomery, chairman and CIO of Montgomery Investment Management.
Vita Group is a chain of Telstra stores and Telstra Business Centres commenced over 20-years ago under the stewardship of Maxine Horne.
This week’s Hot Stock, courtesy of Roger Montgomery from Montgomery Investment Management, is IPH/Spruson & Ferguson – a legal company.
This healthcare stock is a domestic hospital operator. Taken together, this company operates local monopolies in a sector with very high barriers to entry.
This week’s Hot Stock is the number one operator of funeral homes, crematoria and cemeteries in Australia, New Zealand and Singapore.
Roger Montgomery picks this week’s Hot Stock. With the upcoming plans for the National Broadband Network, this telco stock looks to have a promising future.
IMF Bentham (ASX: IMF) has laid the foundation for long-term growth but the market seems focused on its short-term underperformance.