Tony Paterno BUY

Brambles (BXB)

We see potential valuation upside for the share price. Earnings are underpinned by a defensive revenue line, given exposure to food and beverage, fast-moving consumer goods and staples.

Charter Hall Group (CHC)

An industry-leading fund manager with an above-sector earnings growth outlook, underpinned by assets under management growth and margin expansion.

HOLD Coles Group (COL)

Recent sales reflected the challenges faced by the grocery industry in a volatile quarter. Supply chain disruption was evident as availability affected like-for-like sales growth. Stockland (SGP)

Has a high-quality residential business, a land bank well in the money and a diversified portfolio, but retail exposure has been a drag performance.