
Australian shares - Sydney Airport vs. Auckland Airport Stocks
Australian shares - Sydney Airport stock and Auck…
Modern Value Investing with Sven Carlin · Sven Carlin
April 19, 202117m 35s
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Show Notes
Australian shares - Sydney Airport stock and Auckland Airport stock both represent two good airport businesses one can own. Sydney has better cash flows compared to price but also slower expected growth ahead alongside a higher debt level. Auckland airport is smaller but offers higher growth hopes on the basis of more tourism for New Zealand.
We also discuss how COVID-19 might impact the businesses and investing in those.
Stock prices have fallen 50% from their 2019 highs and the dividends have been cut. But, investing is always about what will happen next and airports are usually a good idea to invest in for the long-term.
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