Reporting season is the perfect time to reassess your portfolio and clean out weak stocks and replace them with more compelling opportunities. Recently, the Australian Financial Review ran a story highlighting some of the top stock ideas from some of Australia's leading micro-cap portfolio managers.
Here are five stocks which rated a mention:
- Altium Limited (ASX: ALU) operates within the technology and software sector and has sales globally. Despite an incredible share price run which has seen the stock gain 640% in the past five years, the company is still relatively small with a market capitalisation of $270 million.
- WDS Limited (ASX: WDS) is a highly respected provider of specialised underground coal mining products and services. Given the current state of the coal sector WDS is certainly a contrarian play but one which could pay-off handsomely. In the meantime, the stock is currently offering an attractive dividend yield of approximately 8%.
- eBet Limited (ASX: EBT) has a market capitalisation of $63 million and largely flies under the radar of many investors. The company operates in a number of exciting niches relating to poker machines and online gaming which offers good prospects for further growth.
- Lindsay Australia Limited (ASX: LAU) is a refrigerated trucking provider. Lindsay's operations are focussed on the hot climatic region of Northern Queensland and can be viewed as a play on increased agricultural production and the China food bowl theme.
- Enero Group Ltd (ASX: EGG) is a marketing and communications company that has survived a near-death experience. The stock has gained 160% in the past year and with the business having been stabilised some investors think there could be further gains ahead.
