FEBRUARY 2010

Sharemarket Update

Elio D'Amato, Lincoln Stock Doctor

After the dramatic events of this time last year, and the sharemarket's subsequent strong recovery, the current reporting season may seem a little ho-hum, with a number of companies failing to exceed expectations. But Elio D'Amato, of Lincoln Stock Doctor, says some of them will still achieve great results and there are bargains to be had for the savvy investor. The Australian economy is doing well and there are signs of recovery globally, which should help local companies with overseas operations. One note of caution: rising interest rates could constrain consumer spending and thus affect companies with significant consumer exposure.