Shortlisted – Resmed, Coca Cola and mega caps

Editorial director of Switzer
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More volatility is expected for the market this week after the Nasdaq got smashed late last week. There doesn't seem to be one single driver of the current run, but former high-flyers are certainly coming in for a beating, as investors start to believe they may be over valued.

Mega caps

Last week, Charlie Aitken cautioned that it was time to get out of some of these high flyers and to look more at the mega caps that have more experience in weathering the ups and downs in the market.

“I recommend rotating that money to ASX TOP 20 laggards that have clear valuation and yield support,” he said.

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