Day: August 28, 2021

2 top ETFs for ASX investors in September

the words ETF in red with rising block chart and arrow

Are you interested in boosting your portfolio with some exchange traded funds (ETFs) in September?

If you are, then you may want to look at these highly rated ETFs listed below. Here’s what you need to know about them:

BetaShares Asia Technology Tigers ETF (ASX: ASIA)

If you want to gain exposure to the growing Asian economy, then the BetaShares Asia Technology Tigers ETF could help you achieve it. This ETF gives investors a slice of a number of the most promising tech shares in the Asian market.

This means you’ll be owning companies such as ecommerce giant Alibaba, search engine company Baidu, online retail platform Pinduoduo, and WeChat owner Tencent. These are some of the quickest growing tech companies in the region, with millions of active users and very bright growth prospects.

It is worth noting that the ETF has pulled back materially recently amid concerns over a crackdown by Chinese authorities. While this is disappointing, it could be seen as a buying opportunity for long term focused investors. Particularly given the extremely bright outlooks that the companies in the fund have.

BetaShares NASDAQ 100 ETF (ASX: NDQ)

Another ETF to look at is the BetaShares NASDAQ 100 ETF. It aims to track the performance of the NASDAQ 100 Index before fees and expenses. This index comprises 100 of the largest non-financial companies listed on the NASDAQ stock exchange. This includes many tech companies that are at the forefront of the new economy.

BetaShares highlights that this area of the market is underrepresented on the Australian share market. As a result, it feels the ETF could benefit investors that have large exposure to financials and mining companies and little exposure to technology.

The index has been tipped to continue its outperformance over the next decade thanks to the quality of the companies included within it. Among the companies you’ll be buying a slice of are global giants such as Alphabet, Amazon, Apple, Facebook, Microsoft, Netflix, Nvidia, and Tesla.

In respect to Apple, analysts believe it has a very bright outlook thanks to the strong demand for its iPhones, iPads, MacBooks, and Apple Watches. It also has a quick growing services business, which is generating significant recurring revenues. This business has over 600 million subscribers across its Apple Arcade, Apple Fitness+, Apple Music, Apple News, Apple Pay, and Apple TV+ offerings.

The post 2 top ETFs for ASX investors in September appeared first on The Motley Fool Australia.

Wondering where you should invest $1,000 right now?

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

*Returns as of August 16th 2021

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended BETANASDAQ ETF UNITS. The Motley Fool Australia owns shares of and has recommended BETANASDAQ ETF UNITS and BetaShares Asia Technology Tigers ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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How has the Westpac (ASX:WBC) share price performed against the banking sector in August?

A row a pink piggy banks ranging in size from small to big, indicating ASX share price and dividends growth CBA bank dividend increase

How is the Westpac Banking Corp (ASX: WBC) share price faring in this month of August so far?

Good question. With earnings season accelerating in the week that’s just passed us by, it’s a great time to gauge the entire S&P/ASX 200 Index (ASX: XJO), of which, of course, Westpac is a major top-5 constituent.

The ASX 200 has had a bumpy month so far, but is still up roughly 1.3% at the time of writing.

So how has Westpac done?

Well, this ASX banking share started the month at $24.52 a share. As of Friday’s close, the bank was trading at a share price of $25.99. That means Westpac shares have given investors a return of roughly 6% for the month so far.

Let’s see how this compares with Westpac’s ASX banking brethren.

How does the Westpac share price measure up to the other ASX banks in August?

Well, Commonwealth Bank of Australia (ASX: CBA) has had a rather interesting August. As of current pricing, CBA shares are up a decent 1.9% over August so far, rising from $99.65 a share at the start of the month to Friday’s closing price of $101.54 a share.

But in the meantime, CBA did rise to a new all-time high of $109.03 shortly after it released its FY21 earnings report on 11 August. Although investors obviously sent CBA through the roof at the time, the shares are now down more than 6% from those highs.

Turning to Australia and New Zealand Banking Group Ltd (ASX: ANZ), and we get a similar story to CBA.

ANZ started the month at $27.71 a share and closed at $28.32 on Friday – representing a total gain of 2.2% for August so far. ANZ also got a meaningful boost when CBA reported its numbers, rising to a new 52-week high of $29.64 on 13 August. However, the shares have cooled off since, and remain down more than 4% from those highs.

NAB shares come out on top for August so far

And finally, we have National Australia Bank Ltd (ASX: NAB). NAB shares have performed similarly to Westpac over August so far, experiencing no pullback in the weeks since CBA reported its earnings.

NAB started the month at $25.92 a share and ended up on Friday at $27.64. That puts its August gains at 6.6% so far for August. That puts NAB on top of the ASX banks and makes it the best performing major bank over August so far, just pipping Westpac’s 6%.

Even so, Westpac shareholders should be happy with their returns over the month to date, seeing as they still meaningfully outperform the ASX 200 over the same time.

At Westpac’s last share price, the company has a market capitalisation of $95.42 billion, a price-to-earnings (P/E) ratio of 22.24 and a dividend yield of 3.42%.

The post How has the Westpac (ASX:WBC) share price performed against the banking sector in August? appeared first on The Motley Fool Australia.

Should you invest $1,000 in Westpac right now?

Before you consider Westpac, you’ll want to hear this.

Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Westpac wasn’t one of them.

The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

*Returns as of August 16th 2021

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Motley Fool contributor Sebastian Bowen owns shares of National Australia Bank Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Crown (ASX:CWN) share price lifted last time the company reported

rising leisure asx share price represented by three happy faces on slot machine

All eyes will be on the Crown Resorts Ltd (ASX: CWN) share price come Monday. Australia’s largest wagering company is due to release its full-year results for the year ended 30 June 2021 (FY21).

Let’s take a look at how the Aussie wagering share reacted to previous earnings results ahead of Monday’s update.

The Crown share price lifted after February results

Shares in the casino operator climbed higher following its half-year results released on in February. Some of the key takeaways from that announcement included:

They’re certainly not the numbers that investors would have hoped for back in February. However, the Crown share price seesawed in early trade but ultimately managed to climb higher.

Those gains have not been sustained in the months since. Crown shares are down more than 5% year to date despite a significant jump following takeover updates in March and May.

And last August?

It was a similar story when Crown reported its last full-year result in August 2020. Shares in the Aussie casino operator were resilient despite posting an 80.2% drop in net profit after tax.

The COVID-19 pandemic impacted on operations as government-mandated shutdowns alongside border closures reduced foot traffic and revenue generation at Crown’s casinos.

That wasn’t enough to put off investors, however, as the casino operator’s shares remained steady. It’s worth noting the Crown share price had already been smashed in 2020 prior to the August earnings season.

Foolish takeaway

Investors will be hoping for share price gains when Crown reports its FY21 results on Monday. The Crown share price closed up 0.32% at $9.32 on Friday afternoon with a market capitalisation of more than $6 billion.

The post The Crown (ASX:CWN) share price lifted last time the company reported appeared first on The Motley Fool Australia.

Should you invest $1,000 in Crown Resorts right now?

Before you consider Crown Resorts, you’ll want to hear this.

Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Crown Resorts wasn’t one of them.

The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

*Returns as of August 16th 2021

More reading

Motley Fool contributor Ken Hall has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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3 fantastic ASX shares to buy in September

A businessman lights up the fifth star in a lineup, indicating positive share price for a top performer

With a new month on the horizon, now could be an opportune time to consider making some new additions to your portfolio.

To help you on your way, I’ve picked out three ASX shares that analysts have tipped as buys. They are as follows:

Altium Limited (ASX: ALU)

Altium is an award-winning printed circuit board (PCB) design software provider. Over the last few years it has carved out a leading position in this growing market. It is now aiming to take things to the next level and dominate the market with its cloud-based Altium 365 product. One broker that is positive on the company is Credit Suisse. It currently has an outperform rating and $42.00 price target on its shares.

Aristocrat Leisure Limited (ASX: ALL)

Another ASX share to look at is Aristocrat Leisure. It is one of the world’s leading gaming technology companies. While the pandemic weighed heavily on its poker machine business, its digital business flourished and delivered strong growth. Pleasingly, both businesses are now pulling together, which appears to have positioned the company well for growth over the 2020s. Analysts at Citi are bullish on Aristocrat Leisure. The broker has a buy rating and $46.00 price target on its shares.

Megaport Ltd (ASX: MP1)

Megaport could be another ASX share to consider buying. It offers scalable bandwidth for public and private cloud connections, metro ethernet, and data centre backhaul. Megaport has networking equipment in hundreds of data centres around the world, which has created a software layer that provides an easy way for users to create and manage network connections. This means that through the Megaport network, users can create and run a global network with or without the need for physical infrastructure. UBS currently has a buy rating and $20.45 price target on its shares.

The post 3 fantastic ASX shares to buy in September appeared first on The Motley Fool Australia.

Wondering where you should invest $1,000 right now?

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

*Returns as of August 16th 2021

More reading

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Altium and MEGAPORT FPO. The Motley Fool Australia owns shares of and has recommended Altium. The Motley Fool Australia has recommended MEGAPORT FPO. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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