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The appetite for risk comes back to the market and Credit Suisse believes, according to Credit Suisse, that it is worthy of a purchase in today's market.
This action may seem inexpensive for evaluation purposes, but it is not for sensitive souls, especially in anticipation of the much-awaited G20 meeting at which US President Donald Trump will meet with his Chinese counterpart to discuss of their trade war.
the S & P / ASX 200 (Index: ^ AXJO) (ASX: XJO) is up 0.6% today with the Afterpay Touch Group Ltd (ASX: APT) course of action and Altium Limited (ASX: ALU) Stock price leading the market to the rise.
But the gains could be reversed if Trump and Xi Jinping could not find a way to reduce trade tensions between the world's two largest economies.
But let's not be too pessimistic, because the US Federal Reserve has indicated that it may not be raising rates as much as the market predicts, and that mbadive global equity sales have pushed markets back into attractive territory.
Humpty Dumpty stock
An action that seems ready for a rebound is Link Administration Holdings Ltd (ASX: LNK), according to Credit Suisse.
The LNK stock price jumped 1.8% to $ 7.02 after the broker reinforced the stock to "outperform" the "neutral".
Some might call the investment platform a Humpty Dumpty title because it has been pushed in different directions by several forces that make it difficult for investors to rebuild to find out how it will look in the next few years.
These factors include regulatory changes, the loss of certain material contracts and the impact of acquisitions.
Cut the pieces
Credit Suisse has put the puzzle in place and believes that investors who want to hold shares for 2-3 years are taking advantage.
"Our badysis shows that mergers and acquisitions are the main driver of LNK's growth (+ 20% compared to net income by year before year 22), with PEXA being the main contributor to this growth," said the broker.
"However, we expect that organic growth will also contribute to the growth of EPS (+ 12%), driven by inflation-indexed prices, growth in the number of fund members, the transition to investors in phase high value retirement, increased outsourcing, increased regulation and complexity, expansion into new markets. and increased use of employee ownership plans. "
Credit Suisse has a target price of 8.30 on Link.
5 companies we like better than Link Administration
When Scott Phillips, Ace Stock's coach, has a buy recommendation, history shows he can pay to listen.
Scott recently revealed what he believes to be the five best ASX stock for investors to buy now … and Link Administration was not part of it! That's right, he thinks these 5 stocks represent even better purchases.
See all 5 stocks
Brendon Lau, a contributor to Motley Fool, owns AFTERPAY T FPO shares. Motley Fool Australia owns shares in AFTERPAY T FPO and Altium. We fools may not all have the same opinion, but we all agree that taking into account a wide range of ideas makes us better investors. Motley Fool has a disclosure policy. This article contains only general investment tips (under AFSL 400691). Authorized by Scott Phillips.
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