Day: October 1, 2021

These were the worst performing ASX 200 shares last week

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The S&P/ASX 200 Index (ASX: XJO) was well and truly out of form last week. The benchmark index lost 2% of its value and ended the period at 7,185.5 points.

While a good number of shares tumbled lower with the market, some fell more than most. Here’s why these were the worst performers on the ASX 200 last week:

NEXTDC Ltd (ASX: NXT)

The NEXTDC share price was the worst performer on the ASX 200 last week with a decline of 12.7%. This was despite there being no news out of the data centre operator. However, tech shares were sold off last week amid the market volatility. This was especially the case for tech shares trading on high multiples like NEXTDC.

Mineral Resources Limited (ASX: MIN)

The Mineral Resources share price was out of form and tumbled 9.9% lower last week. This mining and mining services company’s shares were the subject of a bearish broker note last week out of Morgan Stanley. According to the note, the broker has retained its underperform rating and cut its price target on Mineral Resources’ shares to $41.00. The broker thinks investors should stay away from miners with exposure to low grade iron ore.

Afterpay Ltd (ASX: APT)

The Afterpay share price wasn’t far behind with a decline of just under 9.9% over the five days. This decline was driven by weakness in the Square share price last week. The payments giant’s shares lost 9.5% of their value over the Friday to Thursday (24 to 30 September) trading sessions. And as Square is acquiring Afterpay in an all-scrip deal, the value of the takeover changes with the Square share price.

HUB24 Ltd (ASX: HUB)

The HUB24 share price was out of form and dropped 9.6% over the period. Significant weakness in the tech sector even offset a bullish broker note out of Citi last week. According to that note, the broker has retained its buy rating and $32.00 price target on HUB24’s shares. It believes the investment platform provider is well-placed to grow its earnings at a strong rate over the medium term.

The post These were the worst performing ASX 200 shares last week appeared first on The Motley Fool Australia.

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

Before you consider Afterpay, 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 Afterpay 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 James Mickleboro owns shares of NEXTDC Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended AFTERPAY T FPO and Hub24 Ltd. The Motley Fool Australia owns shares of and has recommended AFTERPAY T FPO. The Motley Fool Australia has recommended Hub24 Ltd. 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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2 ASX dividend shares with fully franked yields of more than 5% today

Young investor sits at desk looking happy as she reads her latest dividend statement

In the current economic environment, interest rates are at all-time lows. The current cash rate is sitting at just 0.1%, which is pretty much zero for all intents and purposes.

That means traditional ‘safe’ investments like savings accounts and term deposits aren’t offering anything close to the yields they used to. So, what are investors to do if they want to at least keep up with inflation? ASX dividend shares could be the answer.

There are more than a few dividend shares offering fully franked yields of 5% or more today. Here are two of them.

2 ASX dividend shares with fully franked yields of more than 5%

Telstra Corporation Ltd (ASX: TLS)

Telstra is our first ASX dividend share to check out today.

This ASX 200 telco has long been known for its income-producing qualities, and it’s no different today. Telstra has paid out an annual dividend of 16 cents per share, fully franked, for a few years now. Further, it has indicated that maintaining or even increasing this dividend is on the cards in 2022.

So, with this 16 cents per share payout, Telstra shares are currently offering up a dividend yield of 4.1% on recent pricing. That is a pleasing grossed-up dividend yield of 5.86% if you include the value of those full franking credits.

WAM Research Limited (ASX: WAX)

Another ASX share to check out today is the listed investment company (LIC) WAM Research.

This LIC invests in a portfolio of small and mid-cap shares with an industrial bent. It currently holds companies like Webjet Limited (ASX: WEB)Codan Limited (ASX: CDA) and Nextdc Ltd (ASX: NXT). WAM Research has amassed a reputation as a payer of hefty dividends over the past decade or so.

Its past two shareholder payments were 4.9 and 4.95 cents per share respectively. That gives this company a dividend yield of 5.63% on recent pricing. Gross that up with the full franking credits that WAM Research typically pays, and we get a gross yield of 8.04%.

The post 2 ASX dividend shares with fully franked yields of more than 5% today appeared first on The Motley Fool Australia.

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

Before you consider Telstra, 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 Telstra 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 Telstra Corporation Limited and WAM Research 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 owns shares of and has recommended Telstra Corporation Limited. 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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These were the best performing ASX 200 shares last week

Man jumps for joy in front of a background of a rising stocks graphic.

It was a very volatile five days for the S&P/ASX 200 Index (ASX: XJO) last week. The benchmark index ultimately shed 2% of its value to end the period at 7,185.5 points.

The good news is that not all shares dropped with the market. Here’s why these were the best performers on the ASX 200 last week:

Beach Energy Ltd (ASX: BPT)

The Beach Energy share price was the best performer on the ASX 200 last week with a 19.8% gain. Investors were buying the energy producer’s shares following the release of an investor update. Beach has outlined its low risk strategy to achieving production of 28 MMboe by FY 2024. This will be a 27% increase on the midpoint of its FY 2022 production guidance of 21 to 23 MMboe. Management also advised that this target doesn’t include exploration upside and pre-final investment decision projects.

Orica Ltd (ASX: ORI)

The Orica share price wasn’t far behind with a gain of 17.5% over the five days. The catalyst for this was a positive response from brokers to the commercial explosives company’s trading update. One of those brokers was Morgans. According to the note, the broker has upgraded Orica’s shares to an add rating with a $13.70 price target. Morgans said: “We think the earnings downgrade cycle which have plagued ORI for the last few years is now finally over.”

Flight Centre Travel Group Ltd (ASX: FLT)

The Flight Centre share price was on form and charged 10.2% higher last week. Investors were buying travel shares thanks to the positive progress being made with the vaccine rollout and the announcement of state reopening plans. The Federal Government’s announcement of a return to international travel also gave Flight Centre’s shares a boost on Friday when the market tumbled.

A2 Milk Company Ltd (ASX: A2M)

The A2 Milk share price was a strong performer and charged 9.4% higher over the five days. This appears to have been driven by a broker note out of Citi. According to the note, the broker suspects that there could be more bad news looming for the infant formula company. However, it also suspects that any share price weakness could lead to a takeover approach. The broker has a buy rating and $7.20 price target on a2 Milk’s shares.

The post These were the best performing ASX 200 shares last week appeared first on The Motley Fool Australia.

Should you invest $1,000 in A2 Milk right now?

Before you consider A2 Milk, 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 A2 Milk 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 James Mickleboro 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 recommended A2 Milk and Flight Centre Travel Group Limited. 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 did the NAB (ASX:NAB) share price perform in September?

Confident male Westpac executive dressed in a dark blue suit leans against a doorway with his arms crossed in the corporate office

The National Australia Bank Ltd (ASX: NAB) share price was a relatively positive performer in September.

What happened to the NAB share price in September?

Although the banking giant’s shares gained just under 0.5%, this was actually much better than the S&P/ASX 200 Index (ASX: XJO). The benchmark index lost 2.6% of its value during the month.

Though, one slight disappointment is that the NAB share price was performing far more positively until market volatility hit.

In fact, NAB’s shares were up as much as 4% to a 52-week high of $28.88 at one stage before ultimately giving back most of these gains.

What did brokers say last month?

Interestingly, NAB’s shares were the subject of two very different broker notes last month.

At the very start of the month, the team at Ord Minnett upgraded NAB’s shares to an accumulate rating with a $29.50 price target.

Based on the current NAB share price of $27.27, this implies potential upside of 8% before dividends.

And if you include the $1.36 per share fully franked dividend Ord Minnett is forecasting in FY 2022, this potential return stretches to ~13%.

That’s not a bad return. Especially when you consider that the NAB share price is up a sizeable 19% in 2021.

What else was said?

Elsewhere, in the middle of the month, the team at Credit Suisse downgraded the company’s shares to a neutral rating with a $28.50 price target.

The broker made the move largely on valuation grounds following a strong run by the bank’s shares.

Credit Suisse believes NAB’s improved operating performance is now priced into its shares. It also highlights that its shares traditionally trade at a slight discount to the rest of the big four. However, they were trading in line with them at the time of the broker’s downgrade.

The post How did the NAB (ASX:NAB) share price perform in September? appeared first on The Motley Fool Australia.

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

Before you consider NAB, 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 NAB 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 James Mickleboro 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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