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  • Money Magazine

    Cash in on ridiculous prices

    Jul 03, 2019 2 minutes
    Roger Montgomery

    The search for the highest returns in Australian equities has been concentrated in a small group of companies now known as WAAAX stocks - WiseTech, Appen, Afterpay, Altium and Xero. Collectively, these companies are expected to earn just $162 million in the 2019 financial year from $1.9 billion in revenue but Afterpay and Xero don’t make any money at all.

    Their combined market capitalisation,

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