3 Three stocks we like into weakness.

Three stocks we like into weakness

1 Whitehaven Coal (ASX: WHC) $4.56

Coal miner WHC is in the materials sector that we like moving into 2019 assuming the $US falls plus the stock is yielding almost 6% not including the special dividend that the company returned to shareholders in August.

Technically MM likes WHC around 4-5% lower

Whitehaven Coal (WHC) Chart

2 ResMed (ASX: RMD) $14.08

Sleep device business RMD has now corrected around 12% from its recent high, significantly outperforming the likes of CSL Ltd (ASX: CSL) and Cochlear (ASX: COH).

We like the business and have had the stock on our radar for months but its simply been too expensive.

MM likes RMD under $13, around 8% lower.

ResMed (RMD) Chart

3 Star Entertainment (ASX: SGR) $4.43

We sold the casino operator SGR for the Platinum Portfolio, as it rallied towards $6, back in July 2017, and have sat back believing there was a strong possibility of re-entering close to $4 – the time is nigh.

MM is looking to buy SGR ~4-5% lower.

Star Entertainment (SGR) Chart