Business
2 cheap ASX shares set to take off after COVID-19
Two fund managers have revealed the stocks they think will perform strongly after a COVID-19 solution comes along.
With growth shares taking off since the coronavirus trough in March, it’s difficult for investors to find companies that haven’t already blown up in value.
But TMS Capital portfolio manager Ben Clark and First Sentier Investors deputy head of Australian growth equities David Wilson each reckon they have found one.
Mining without the mineral price rollercoaster
Clark tipped Deterra Royalties Ltd (ASX: DRR) for a rosy future in the post-virus world.
“One stock we’ve started buying is a company called Deterra, which has just been spun out of Iluka Resources Limited (ASX: ILU),” he said on a Livewire video.
“It…
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