Sharemarket Update

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Running Time: 8:12

Date: 01/11/2012

The waiting is the hardest part....

Patience is a virtue...and just as well when it comes to the Australian sharemarket, as we all wait for positive signs that stability is restored. Yet Stock Doctor Elio D'Amato reminds us this month that things are looking better this financial year - with the exception of the mining sector - and there are some bright stars to consider as we look for places to invest our cash. Elio's favoured sectors right now are healthcare, telecommunications, human services and IT. Some stocks to consider: Zenco (AAX) - just to show it's not all doom and gloom in mining; Miclyn Express Offsore (MIO) - a good takeover story; GEM 8 (GEM) ; and Sirtex Medical (SRX).

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Elio D'Amato, Lincoln Stock Doctor