ASX and Macquarie Group are both under Algo Engine buy conditions and are current holdings in our ASX 100 model portfolio.
ASX is likely to deliver 5% EPS growth and trades on a 3.5% yield. When combined with a covered call the cash flow yield increases to 9% per annum.
Macquarie is likely to deliver 10% EPS growth and trades on a 5% yield. We see scope for 10 – 15% capital growth over the next 12 months.