##{"id":58974,"date":"2011-10-11T12:18:18","date_gmt":"2011-10-11T01:18:18","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2011\/10\/11\/treasure-chest-switch-telstra-for-nab\/"},"modified":"2011-10-11T12:18:18","modified_gmt":"2011-10-11T01:18:18","slug":"treasure-chest-switch-telstra-for-nab","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2011\/10\/11\/treasure-chest-switch-telstra-for-nab\/","title":{"rendered":"Treasure Chest: Switch Telstra For NAB"},"content":{"rendered":"<p>\n\tBy Rudi <span>Filapek-Vandyck<\/span><\/p>\n<p>\n\t<u><strong>What?<\/strong><\/u><\/p>\n<p>\n\tStockbroker DJ Carmichael recently advised its clientele to switch out of Telstra ((TLS)) and into National Australia Bank ((NAB)).<\/p>\n<p>\n\t<u><strong>Why?<\/strong><\/u><\/p>\n<p>\n\tDefensive stocks such as Telstra have significantly outperformed cyclical, growth oriented stocks, including the banks. DJ Carmichael now believes the dividend yield advantage Telstra had over bank stocks in Australia has effectively diminished, and those banking stocks are arguably offering more upside in capital appreciation terms if and when investor confidence returns.<\/p>\n<p>\n\tIn other words: investors don&#039;t really lose anything, in yield terms, by making the switch, but they are gaining more leverage to any sustainable rallies.<\/p>\n<p>\n\t<img decoding=\"async\" alt=\"\" src=\"http:\/\/www.fnarena.com\/ckfinder\/userfiles\/images\/TLS vs ASX200.jpg\" style=\"width: 670px;height: 422px\" \/><\/p>\n<p>\n\t<strong>Technical limitations<\/strong><\/p>\n<p>\n\t<strong><span style=\"font-style: italic\">If you are reading this story through a third party distribution channel and you cannot see charts included<\/span>, <em>we <span><span>apologise<\/span><\/span>, but technical limitations are to blame.<\/em><\/strong><\/p>\n<p>\n\t<em>Find out why <span>FNArena<\/span> subscribers like the service so much: &quot;<a href=\"http:\/\/www.fnarena.com\/index4.cfm?type=dsp_newsitem&amp;n=29EB960D-9DFF-C00E-7F6B464E5D52E250\">Your Feedback (Thank You)<\/a>&quot; &#8211; Warning this story contains unashamedly positive feedback on the service provided.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FNArena&#8217;s Treasure Chest reports on money making ideas from stockbrokers and other experts. DJ Carmichael says investors should sell Telstra and buy NAB shares instead.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[17],"tags":[90,91,30],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/58974"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=58974"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/58974\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=58974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=58974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=58974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}