5 Stock Picks for 2024

Hello, financial enthusiasts! 🚀☕️

We're thrilled to bring you the latest episode of Caffeine and Coins with Cristina. Dive into a world of insightful financial wisdom, market updates, and essential tips tailored for both the savvy investor and the curious newcomer. This episode is packed with the juicy insights you've been waiting for!

2023 Recap: Despite challenges like high inflation and rising interest rates, the NZX 50 pulled through with a modest gain of 2.6%, marking a victory against the odds. Our Pro Stock Picks team shone bright, securing a silver medal with a 1.8% return by focusing on quality companies with robust earnings and reliable dividends.

2023 Stock Performance Overview:

• Chorus: +1.7%

• EBOS Group: -16.8%

• Meridian Energy: +9.4%

• Spark: +1.1%

• Tourism Holdings: +15.8%

A mixed outcome, indeed, but a testament to our strategic picks and the resilience of these companies.

Introducing Our 2024 Top Picks:

1. Contact Energy - Essential services provider with a solid track record.

2. Summerset - Leading the retirement living sector with innovative solutions.

3. Sky Network Television - Making a strong comeback with strategic moves.

4. CSL Limited - A healthcare giant poised for significant growth.

5. Amazon - The global powerhouse needs no introduction.

These companies represent a blend of stability, growth potential, and industry leadership. They're our top choices for navigating the complex market landscape of 2024.

Disclaimer: The information shared in this episode and blog post is not financial advice but a collection of thoughts and analyses based on data from the New Zealand Herald and our insights. Always conduct your research and consult with financial professionals before making investment decisions.

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Source: Craig's Investment Partners