im guessing you brought companies in such sectors as data science , AI , 5g services , robotics , cannabis edibles etc
carg of these industries massive going forward heaps other industries as well with good growth prospects.
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Things must be bad:
https://www.nzherald.co.nz/business/...JFZBSUL4BBQDY/
Smith & Caughey’s closing: Stores including historic Queen St building set to close in 2025, with loss of almost 250 jobs
Probably just the tip of a larger iceberg on what is happening at Retail overall
Caught in a perfect storm I think. Smith and Caughey's has always been an expensive place to shop and with all the luxe brands opening their own stores in downtown Auckland and Newmarket mall, plus David Jones now having a presence in the market as well, it was always going to do it tough. You add in the ongoing hassle of trying to get around the Auckland CBD, particularly mid-city where their main store is based and foot traffic must be well down.
added $500b market cap in three days seriously nuts....
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nvidia hands down. contrary to what many think im only short term trader i do have some long term stocks. longest one held is nearly 30yrs now. but anyway i look at carg of industry long term and then pick stock in that industry.
as example carg of ai industry could easily be 30 - 50 % next 10yrs , RV sdector will be fraction of that. nvidia having dominant position will pick up huge % of that growth. oca not dominant will pick up fraction of that growth
anyway just basic view