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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Australia
5 mins to read

‘Macro greenshoots’ to create opportunities on the ASX in 2024

Aussie analysts from UBS and Morningstar share their best stock picks for the new year.

UBS likes miners, Morningstar likes pizza, and T Rowe Price sees a ‘golden era’ for insurers.

Key points
  • What’s at stake: Picking the right stocks on the ASX in 2024.
  • Background: The ASX had a late-year rally in the last months of 2023, but there is still volatility in the outlook for the new year.
  • Key players: Mining, insurance, banking, and healthcare sectors. All ASX companies.

As Australia heads to the beach and turns on the cricket and tennis for a month or so, the lingering question for many investors is the annual discussion on which stocks are the ones to pick for 2024.

Thankfully, a late rally saw the main ASX 200 index end 2023 in positive territory by about 4%,

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Lachlan Colquhoun Wed, 03 Jan 2024
Contact the Writer: lachlan@nbr.co.nz
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Key points
  • What’s at stake: Picking the right stocks on the ASX in 2024.
  • Background: The ASX had a late-year rally in the last months of 2023, but there is still volatility in the outlook for the new year.
  • Key players: Mining, insurance, banking, and healthcare sectors. All ASX companies.
‘Macro greenshoots’ to create opportunities on the ASX in 2024
Australia,
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