As part of a special AFR Chanticleer survey, fund managers named the stocks that impressed them most, the disappointments, and the big trend they will watch over the next 12 months
Dion Hershan, the head of Australian equities at Yarra Capital Management, was another manager impressed at the strength of the Australian consumer.
“Discretionary spending is growing and high-performing retailers like JB HiFi and Super Retail Group are actually taking market share. Off a low base, online sales are growing significantly and demonstrating they can co-exist with some of the offshore online entrants like Amazon and Alibaba.”
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