EM Portfolio is back and 2 small caps Uncovered

This episode, we welcome back the Equity Mates Portfolio. First up, we want to remind you that the stocks we discuss are hypothetical and not buy, hold, or sell recommendations. However, if you have a stock that you want us to cover, don't hesitate to reach out to us! 

Bryce's contenders are complete speccy stock Latin Resources (ASX:LRS), Flutter (LON: FLTR), and Shiseido (SSDOY). Alec is looking and thinking about REA Group, (ASX:REA), Audinate (ASX:AD8), Pro Medicus (ASX:PME), and Xero (ASX:XRO).

But today, Bryce is pitching Airbnb (NASDAQ: ABNB). 

According to Bryce's notes, recently Airbnb posted an annual profit for the first time ever, resulting in a 10% increase in the stock price, the biggest one-day gain. The company is forecasting a sunny outlook for travel in 2023, which is in contrast to the doom and gloom predicted by many. Additionally, Airbnb is "hiring at a judicious pace," which is a good sign for investors. The company earned $1.9 billion in 2022, compared to a $352 million loss the previous year, thanks to strong demand for travel as people start to venture out again.

Then Bryce and Alec move to a new segment called "Uncovered," where they explore companies that don't receive much analyst or media coverage. Today, we're taking a closer look at Rare Foods Australia (ASX:RFA) and Unith (ASX: UNT). Both of these companies have unique stories.

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In the spirit of reconciliation, Equity Mates Media and the hosts of Equity Mates Investing Podcast acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. 

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