Investors should steer clear of big bets next year, while looking to lock in profits from some of the market's strongest performers.
Monday, December 22nd 2003, 9:48PM
by The Landlord
In a note to clients, ABN Amro Craigs said investors should consider scaling back big positions in strong performers of recent years, such as Auckland Airport, Contact Energy, Fisher and Paykel and Westpac Trust, though though they should remain core holdings.
New money should be directed at "value buys" such as Telecom, NGC Holdings, Infratil, the Warehouse and Skellmax.
