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Podcast: Buy Hold Sell, by Livewire Markets
Episode: Buy Hold Sell: 3 ASX small and mid-cap recovery plays (and 2 names to avoid)
Description: When markets turn rough, itβs often small and mid-cap stocks that wear the brunt of the pain. Take 2022, for example. While the ASX 200 slipped just 1%, the Small Ordinaries Index tumbled nearly 20%.
But a falling share price doesnβt always mean a falling star - some of the greatest investment comebacks are buried beneath the rubble of a market correction. Consider Eagers Automotive, which plunged from $3.20 to below $1 during the GFC before surging above $16 with a healthy dividend yield.
Or Afterpay, which collapsed to $8.01 in March 2020 only to rocket back to $70 within months. Drawdowns like thes...