Exchange traded funds (ETFs) can be great additions to a balanced portfolio. This is because they give investors easy access to a large and diverse number of different shares that you wouldn’t ordinarily have access to.

Due to their growing popularity, there are an increasing number of ETFs for investors to choose from.

In order to narrow things down, I have picked out three ETFs that are popular with investors right now:

BetaShares Asia Technology Tigers ETF (ASX: ASIA)

The BetaShares Asia Technology Tigers ETF tracks the performance of the 50 largest technology and ecommerce companies that have their main area of business in Asia (excluding Japan). Among the ETFs holdings are Alibaba, JD.com, Pinduoduo, Samsung, Taiwan Semiconductor, and Tencent Holdings. As these and the other companies in the ETF are among the fastest growing in the region and revolutionising the lives of billions of people, they have been tipped to generate strong returns in the future.

BetaShares NASDAQ 100 ETF (ASX: NDQ)

The BetaShares NASDAQ 100 ETF gives investors exposure to 100 of the largest non-financial companies on the famous Nasdaq index. This includes some of the most iconic companies in the world such as Amazon, Apple, Facebook, Microsoft, Netflix, and Tesla. Given the quality of these companies and their very positive outlooks, the Nasdaq 100 ETF has been tipped to generate strong returns for investors over the next decade.

Vanguard MSCI Index International Shares ETF (ASX: VGS)

The Vanguard MSCI Index International Shares ETF is one of the most popular ETFs on the Australian share market. And it isn’t hard to see why. This ETF provides investors with exposure to over 1,500 of the world’s largest listed companies. This means through just a single investment, you can own a slice of companies such as Apple, Johnson & Johnson, Nestle, Procter & Gamble, and Visa. This could make it a good option if your portfolio lacks international exposure.

The post 3 ETFs for ASX investors to buy now appeared first on The Motley Fool Australia.

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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 and Vanguard MSCI Index International Shares ETF. The Motley Fool Australia owns shares of and has recommended BETANASDAQ ETF UNITS and BetaShares Asia Technology Tigers ETF. The Motley Fool Australia has recommended Vanguard MSCI Index International Shares 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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One of the leading brokers that evaluates ASX shares thinks that the Pointsbet Holdings Ltd (ASX: PBH) share price could give investors upside of 60% over the next year.

Pointsbet is an ASX-listed corporate bookmaker that has operations in both Australia and the US. It offers sports wagering and iGaming.

Which broker thinks that the Pointsbet share price is an opportunity?

The broker in question is Credit Suisse. It has a price target on Pointsbet on $12.80 – that’s where analysts think that the business will be trading in 12 months from now. In other words, Credit Suisse thinks Pointsbet shares could rise by approximately 60% in a year.

Credit Suisse referenced the recent New York licence with its latest note, with this outcome showing that Pointsbet can be a real player in the US market. But the company will be spending more on marketing to capture that opportunity.

New York win

A couple of weeks ago, Pointsbet said that the New York State Gaming Commission has recommended that Pointsbet’s New York business be awarded a platform provider licence to operate mobile sports wagering in New York.

Pointsbet was only one of nine operators to be recommended by the New York State Gaming Commission, including BetMGM, Caesars and WynnBet.

Official approval procedures will follow, with the recommended operators to undertake independent system testing ahead of the official launch, expected in early 2022.

Pointsbet US CEO Johnny Aitken said:

Having the potential to secure market access to New York state – expected to be one of the largest and most important markets in the United States – represents another major milestone for our company, our brand, and our technology. We are thankful to the Gaming Commission for this recommendation and believe it speaks volumes to PointsBet’s reputation and ability to deliver an unrivalled, world-class experience. We eagerly await the official opportunity to leverage our exclusive sports betting partnership with NBC Sports and introduce the nation’s premier sports betting product to the countless passionate, sports-loving New Yorkers.

Rapid growth

Pointsbet continues to see the business growing quickly.

In the first quarter of FY22, its total turnover increased 42% to $979.9 million, with a 112% increase in the US to $348.6 million.

Pointsbet’s total gross win increased 66% to $117.1 million, with 197% growth in the US to $29.2 million.

The total net win grew by 76% to $67.3 million, whilst the US net win soared by 307% to $12.5 million.

The company also told investors that its cash active clients continue to scale significantly. Year on year, Australian clients jumped 78% to 222,662 and US clients soared 367% to 185,880.

What is the Pointsbet share price valuation?

Credit Suisse isn’t expecting Pointsbet to make a profit in FY22, so there isn’t a profit multiple valuation for this financial year.

The ASX currently puts the Pointsbet market capitalisation at $2.15 billion.

The post Leading broker thinks Pointsbet (ASX:PBH) share price offers 60% upside appeared first on The Motley Fool Australia.

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Motley Fool contributor Tristan Harrison 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 Pointsbet Holdings Ltd. The Motley Fool Australia has recommended Pointsbet Holdings 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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As I mentioned here yesterday, it is possible for investors to generate significant wealth by making long term investments in quality companies.

But which shares could be top buy and hold options right now? Here are two that analysts rate highly:

Domino’s Pizza Enterprises Ltd (ASX: DMP)

When looking for buy and hold shares, it always helps if you understand what a company’s long term plans are.

The good thing with this pizza chain operator is that management lays out its plans for all to see. This means investors have a clear understanding of where the company is heading over the next decade.

For example, at the end of FY 2021, Domino’s store network comprised 2,949 stores across the ANZ, European, and Asian markets. Whereas by 2033, management is aiming to more than double this to 6,650 stores by FY 2033.

In addition, the company’s strong balance sheet means that management is on the lookout for acquisitions. This could see Domino’s enter new markets in the future, giving it an opportunity to increase its network even further.

Goldman Sachs is a fan of Domino’s. Its analysts currently have a buy rating and $147.00 price target on its shares.

Hipages Group Holdings Ltd (ASX: HPG)

Another ASX share that could be a quality buy and hold option is Hipages. It is an Australia-based online platform and software as a service (SaaS) provider with a focus on connecting tradies with residential and commercial customers.

At present, the company captures around 5% of total industry advertising spend. However, Goldman sees scope for this to grow materially in the future as its ecosystem builds out.

Goldman Sachs recently explained: “We see HPG as an attractive medium-term growth stock – HPG currently captures c.5% of the total industry advertising spend; by contrast REA/CAR capture c.40-60% of spending in their respective categories. As HPG builds out its ecosystem (including the imminent launch of the new “TradieCore” field service software solution), we see scope for HPG to increase its share towards these levels over the long term as the marketplace leader.”

The broker has a buy rating and $4.90 price target on Hipages’ shares.

The post 2 top ASX shares to buy and hold for a decade appeared first on The Motley Fool Australia.

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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 Hipages Group Holdings Ltd. The Motley Fool Australia has recommended Dominos Pizza Enterprises Limited and Hipages Group Holdings 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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The Premier Investments Limited (ASX: PMV) share price has gone up 46% over the last 12 months. But could the retail stock be a bargain buy for investors?

It has a number of different retail brands including Smiggle, Peter Alexander, Just Jeans, Jay Jays, Portmans, Jacqui E and Dotti. The ASX share also has substantial investments in Breville Group Ltd (ASX: BRG) and Myer Holdings Ltd (ASX: MYR).

What are analysts focusing on with the retailer?

It was only a couple of months ago that Premier Investments released its FY21 result to investors. That’s what has influenced analyst thoughts in recent times.

For example, both Credit Suisse and Morgan Stanley rate the business as a hold, but the price targets for the Premier Investment share price are lower than today’s level, at $28.74 and $26.75 respectively. That means both brokers are expecting Premier Investments shares to fall more than 10%.

Whilst those brokers thought the result was good, they are expecting the profit margins to somewhat reduce and demand to lower.

How did it perform in FY21?

Premier Investments reported that its statutory profit grew by 97.3% to $271.8 million.

The global retail sales of $1.4 billion went up 18.7%. Within that, Peter Alexander experienced record sales of $388.2 million, an increase of 34.7%. Apparel brands increased by 25.3% to $841.6 million.

It also experienced record sales of $300.7 million, up 36.4%, and contributed 20.8% of the global FY21 sales.

Premier Investment’s gross profit grew by 25.1% to $927.9 million, with the gross profit margin increasing by 331 basis points.

The Premier retail earnings before interest and tax (EBIT) grew by 88% to $351.9 million.

Is the Premier Investments share price a buy?

The brokers at Macquarie Group Ltd (ASX: MQG) currently rates Premier Investments as a buy, with a price target of $33, which is slightly higher than where it is now.

Macquarie also thinks that Premier Investments will probably see its margins revert to a more level.

However, analysts think there is going to be a high level of demand at its stores with lockdowns ending. The company has done the right thing by ensuring it has enough stock for the rest of 2021.

Using Macquarie’s estimates, the Premier Investments share price is valued at 24x FY22’s estimated earnings.

Trading update

Premier Investments told investors how it had done in the first seven weeks of its FY22 when it released its FY21 report.

It said that its retail store week was being disrupted by lockdowns, with 661 stores temporarily closed. However, those stores have been reopening.

The lost sales for those stores have been partially offset by “strong” global online sales which were up 44.6%. Smiggle Europe is also rebounding. For that seven-week period, total global online sales were down 9.5%. However, it did say that its online business continues to “accelerate” the EBIT margin “significantly higher” than the store network.

The post Is the Premier Investments (ASX:PMV) share price a bargain buy? appeared first on The Motley Fool Australia.

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Motley Fool contributor Tristan Harrison 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 Macquarie Group Limited and Premier Investments 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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