ASX Winners and Losers in 2020: Telstra and JB Hifi

Markets around the world have recovered to pre-COVID highs, six months after the world changed as we know it. Will this astonishing run continue?

As always, the bulls and bears have plenty of reasons for picking their side:

  • Stocks are overvalued!

  • The market is not the economy!

  • TINA - There is no alternative!

  • Fear of another crash!

  • FOMO!

Rather than get caught up in this noise, instead focus on the fundamental, technical, and macroeconomic considerations impacting individual stocks. Because despite everything being "unprecedented", one thing is for sure... the new normal will have its winners, and it will have its losers.

Two stocks that have had varying success this earnings season are Telstra and JB Hi-Fi.