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Millennials + gen Z = a huge market
Shaw and Partners senior analyst Danny Younis reckons non-bank lenders have a big advantage with younger consumers.
“Millennials and generation Z are less likely to use cash these days. They’re less likely to use credit cards these days,” he said in the podcast.
“And they’re very distrustful of the big four banks.”
This factor gives Wizr a massive total addressable market (TAM) lending just in this country.
“The market is huge. Right now the TAM is $100 billion in Australia,” said Younis.
“And a big chunk of that is credit cards… Credit card debt in Australia is running at about $40 billion. That is a huge issue.”
GameStop effect: 3 more shorted ASX shares that could skyrocket
Tony Yoo | February 4, 2021 4:47pm |
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So we’ve now seen the
The bubble has now deflated somewhat since its mad highs. But last week there was much interest when an Australian finance academic picked three heavily shorted ASX shares that could similarly explode.
Now, a fund manager has identified three more ASX shares that are highly shorted but have excellent upwards potential.
Injustices in share markets
Shaw and Partners portfolio manager James Gerrish wrote in his
“Slowly but surely the playing field for retail investors is becoming more equitable, which is a great thing and something MM has always been passionate about,” he said.
4 ASX shares picked for returns in 2021 by brokers and fundies
Tristan Harrison | January 20, 2021 5:38pm |
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There are some ASX shares that have been chosen by brokers and fundies as picks to make returns in 2021.
Brokers and fund managers work full time to try to find good stocks to pick. This article is about four of them:
BHP is one of the top picks in the resources sector by James Gerrish from Market Matters. He said that the big resources ASX share is exposed to the right commodities at the right point of the cycle and looks poised to make fresh multi year highs. Market Matters has a 12-month price target on BHP of $45.