MENU

Is APN Outdoor Group Ltd on track to beat the market in 2018?

APN Outdoor Group Ltd (ASX: APO) provided a trading update today and maintained its 1H18 guidance of single-digit revenue growth. The market wasn’t particularly enthused with the share price down 4% at the time of writing.

Despite that, it’s not all doom and gloom. When the company released its FY 2017 results, I wrote that there was reason for optimism with a new management team coming in and potential M&A activity.

Since then, the APN share price is up 20% while the ASX All Ordinaries Index is down 1% which sets the company up to outperform in 2018, although there is still a long way ahead.

APN and its competitors oOh!Media Ltd (ASX: OML) and QMS Media Ltd (ASX: QMS) have seen their shares smashed due to long term headwinds affecting their industry.

As a result, I’m not a long term buyer of their shares but there will be volatility which could create opportunities.

Japanese Billionaire’s Prediction Will Give You Goosebumps

When a veritable investing and entrepreneurial genius speaks, it pays to listen.

In fact, he's now preparing a $100B "war chest" to invest entirely in this "terrifying" new technology, which could spell huge profits for investors.

Click here to learn about this technology and how you can profit!

Motley Fool contributor Kevin Gandiya has no position in any of the stocks mentioned.

You can follow Kevin on Twitter @KevinGandiya.

The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

5 ASX Stocks for Building Wealth After 50

I just read that Warren Buffett, the world’s best investor, made over 99% of his massive fortune after his 50th birthday.

It just goes to show you… it’s never too late to start securing your financial future.

And Motley Fool Chief Investment Advisor Scott Phillips just released a brand-new report that reveals five of our favourite ASX stocks for building wealth after 50.

– Each company boasts strong growth prospects over the next 3 to 5 years…

– Most importantly each pays a generous dividend, fully franked.

Simply click here to find out how you can claim your FREE copy of “5 ASX Stocks for Building Wealth After 50.”

See the stocks now