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Sharemarket Update July 2012

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Running Time: 6:38

Date: 01/07/2012

It's still a sideways stockmarket, but savvy investors should be taking advantage of good buying opportunities.

The stockmarket is still labouring under the volatility and uncertainty caused by the noise about Europe's continuing debt crisis. But Elio D'Amato, CEO of Lincoln Stock Doctor, says the current climate creates great opportunities for investors to buy into strong Australian companies which are performing well and currently undervalued. Lincoln still predicts an upturn later in the year, though the timing will continue to be dependent on whether the European financial system can produce orderly outcomes for its weaker members.

  

Topics: Economy, Investment


Elio D'Amato, Lincoln Stock Doctor