Eight stocks that analysts have tipped for a turnaround
Some of Australia’s best-known listed companies have share prices that are languishing – often for reasons not of their own making – with market analysts eyeing off a range of stocks trading at less than fair value for whom, they say, the worst may be past.
Hugh Dive, the chief investment officer at Atlas Funds Management, says Sonic Healthcare, one of the worst-performing shares over the past 12 months, could rebound by the second half of next year.
BHP’s share price is trading lower, but there are reasons for thinking that that could change.Credit: Krystle Wright
Its profits are expected to increase through acquisitions in the United States, Switzerland and Germany, and by organic growth, Dive says. Sonic will benefit from ageing populations, and as doctors schedule more tests to avoid malpractice........
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