Sunday 29 October 2017

Traders Might Need To Buy A Bigger Wallet

An article in the Australian Financial review this week suggested that there was an opportunity for canny investors in retail shares.

It said that retail gloom and the hammering that retail share prices had received over recent times had led to an under-valuing of the sector and potential for an upswing. Apparently leading fund managers are looking at retail sector shares in a new light with a view to increasing their exposure.

We are not sure if that automatically means improved profits for retailers but maybe buying a bigger wallet and perhaps buying some retail shares might be a good each way bet.