Buy, hold, sell: Five of your top stock picks

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Today, it’s the reader’s session, the stocks that our readers are talking about and want us to discuss and give some feedback on.

Okay. Chris, he’s gone with education, IDP Education. Another ripper result. Buy, hold, or sell?It’s a buy. And the pushback we get is valuation. How can this be a buy? But when you think about IDP and the moat that they’ve developed over their two businesses, which are student placement and English testing, both of those businesses are unparalleled. I’ll give you a stat. India has a 1.4 billion population, and 50% of that is under the age of 30.

So for us, they’ll grow into that multiple, no problems whatsoever.Okay. Fred’s pick now. David, you were disappointed with Coles, but we’ll go to its competitor, Woolworths. Buy, hold, or sell?Again, it’s a good question from Fred. I think Woolworths had a terribly poor result in the December half, but we would have it as a buy.

 

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