Sharemarket Update March 2012

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Running Time: 7:54

Date: 01/03/2012

After a dismal couple of years, small signs that life is returning to the Australian stock market.

There's more bounce in the step of Lincoln Stock Doctor CEO Elio D'Amato these days, as the Australian stock market shows signs of struggling out of its recent doldrums. Elio says that, while concerns about events overseas haven't gone away, investors are starting to focus again on good quality companies which are undervalued in the market. This creates plenty of opportunity for building strong portfolios and taking advantage of the recovery he predicts for later in the year. The recent reporting season has seen most mining services companies continuing to perform strongly, and encouraging signs in other sectors as well.

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Elio D'Amato, Lincoln Stock Doctor