Hot stocks: Donuts, insurance and engineering

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Among this week’s likes and dislikes are an insurance company, a food franchise and an engineering group.

Portfolio Manager Ben Rundle of NAOS Asset Management says he likes Elders (ELD), an agribusiness company that provides livestock and farm supplies to Australia and New Zealand.

While the stock has been sold off recently on the back of lower cattle prices, Rundle believes it’ll be short lived.

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