Most investors find that stocks ideas come to them from a variety of different sources. These sources are likely to include "screens" of the market, one-on-one discussions, reading newspaper reports and official company announcements.
A recent interview conducted by The Australian Financial Review has given investors the opportunity to hear what stocks fund manager Marcus Hughes from LHC Capital currently views favourably.
Here are three stocks which he highlighted:
- Mayne Pharma Group Ltd (ASX: MYX) owns and manufactures an impressive suite of pharmaceutical products. The firm's operations also provide shareholders with exposure to the U.S. health care sector which further boosts the potential growth pipeline.
- Technology One Limited (ASX: TNE) is a provider of enterprise software solutions. Hughes made the point that Tech One's products become ingrained in their customers' businesses, so much so that Tech One hasn't lost a customer in over two decades!
- VILLA WLD FPO (ASX: VLW) is a Queensland-based residential property developer. The company is well positioned to benefit from the ongoing elevated demand for property and shareholders stand to benefit from the current up cycle. According to Hughes the stock is trading on an 8% fully franked dividend which he believes is "very sustainable."
