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Article: Weathering the storm.
- Article from:
- Australasian Business Intelligence
- Article date:
- October 29, 2001
CopyrightCOPYRIGHT 2001 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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November, 2001 (Shares
ABIX via COMTEX) -- The current volatility of the Australian stock market poses a big challenge for investors. In assessing what are the best stocks to buy, it is prudent to examine the financial health of the 1,300-odd firms that are listed on the Australian Stock Exchange. An analysis of financial results to the end of June 2001 enables investors to get a picture of the financial health of the various sectors within the market. Accounting ratios can be used to establish which companies are likely to be successful, and which are likely to "go under". Among the companies that are rated as being good investments at the present time are CSL, ...