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Fundies reveal 3 top ASX shares to buy for 2021
Tristan Harrison | January 12, 2021 8:31am |
More on: Image source: Getty Images
There was a huge amount of disruption in 2020 due to the COVID-19 pandemic.
These businesses have been identified by fundies as among the best opportunities for 2021:
Kelli Meagher, portfolio manager from Sage Capital, went for large healthcare player Sonic Healthcare.
Ms Meagher thinks that the market is under-appreciating how long the COVID-19 testing is going to go on for. She said that the ASX share is already significantly benefiting from all of the additional testing due to COVID-19.
The fund manager pointed out that COVID-19 testing isn’t going to go away after the vaccine and it’s not known how long the vaccine actually lasts. Sonic could get another leg of growth from antibody testing, which tests if someone is immune and whether the vaccine worked for three months or six months.