URGENT UPDATE: Bell Potter has just announced its top investment picks for December, highlighting key Australian stocks poised for significant growth. Investors seeking actionable insights should pay close attention to these selections, which are included in the broker’s carefully curated Core Portfolio.
Among the recommended ASX 200 shares, Amcor (ASX: AMC) stands out due to its recent transformative merger with Berry Global. This strategic move is expected to enhance Amcor’s earnings quality and position the company for robust growth. Bell Potter anticipates a remarkable $650 million in synergies from the merger, with nearly 80% expected to be realized within the first 24 months. The broker stated:
“The investment thesis for Amcor is based on its transformative merger with Berry Global, which positions the company for a period of significant growth and quality improvement.”
In addition to Amcor, CAR Group Limited (ASX: CAR) is highlighted for its attractive valuation and promising earnings growth potential. The owner of Carsales.com.au is navigating large and underpenetrated markets, which Bell Potter believes will drive an impressive EPS CAGR of 12% from FY25 to FY28. Despite a 15% drop from its August highs, the broker remains optimistic about CAR’s ability to deliver consistent earnings. They remarked:
“CAR screens favourably on a risk-adjusted return basis when considering the stability of earnings growth against comparable ASX-listed classifieds platforms.”
Finally, WiseTech Global Ltd (ASX: WTC) is included in the Core Portfolio due to its strong market position in logistics technology. WiseTech’s CargoWise One platform is widely adopted by major logistics providers, boasting a remarkable 95% recurring revenue stream and a churn rate of less than 1%. This predictable business model offers a clear path to financial strength, as management looks to reduce net debt to EBITDA from approximately 3x in FY26 to 1.7x in FY27.
As the investment landscape shifts, these stocks present compelling opportunities for investors looking to capitalize on growth and stability. With December already here, the time to act is NOW. Keep a close watch on these developments as Bell Potter continues to navigate the evolving market landscape.
For those considering their next investment move, these insights from Bell Potter could be crucial. Stay tuned for further updates on these stocks and their performance in the coming weeks.
