What’s everyone tipping for 2016?
It’s that time of year when the investment community get out their crystal balls and offer up investment tips for the year ahead. With global equity markets opening 2016 in dismal mood, led by China’s 7% plunge on weak manufacturing data, it could be an interesting year for equity investors; will we see small caps continuing to outperform? Two leading AIM brokers offered the following stock thoughts for 2016…
N+1 Singer CEO Tim Cockroft considers the biggest area of concern for 2016 lies in what is happening to seemingly expensive assets. The fact that Bonds and Property seem so over-priced has always left Equities looking a relatively good play - with the caveat being if they fall then equities will not be immune. His “esoteric pick for the year” is a handful of Miners and Oil Explorers - BHP, Hochschild for the silver exposure, Shell and Statoil amongst the oil majors and then a smattering of tiddlers to go into the ‘binary bucket’. N+1 continues to believe in several…