Day: February 10, 2022

3 buy-rated ASX growth shares to make you smile

Surge in ASX share price represented by happy woman pointing to her big smile

Surge in ASX share price represented by happy woman pointing to her big smileSurge in ASX share price represented by happy woman pointing to her big smile

If you’re a fan of growth shares, then you may want to look closely at the three shares listed below.

Here’s why these growth shares have been rated as buys:

Adore Beauty Group Limited (ASX: ABY)

The first ASX growth share to look at is Adore Beauty. It is a leading online retailer in the $11.2 billion Australian beauty and personal care (BPC) market. It currently has almost 1 million active customers and generated revenue of $63.8 million during the first quarter. When annualised, this represents just a 2.3% share of a market that is still in the early days of its shift online. UBS is a fan of the company and currently has a buy rating and $6.00 price target on its shares.

Domino’s Pizza Enterprises Ltd (ASX: DMP)

Another growth share to look at is Domino’s. It is one of the world’s largest pizza chain operators with stores across the ANZ, Asia-Pacific, and European regions. While it has a sprawling network across these regions, management still sees scope for significant expansion over the next decade. In fact, it is aiming to more than double its network to 6,650 stores in existing markets by 2033. Combined with its track record of same store sales growth, this bodes well for its growth over the next decade. Goldman Sachs is a fan of the company. It currently has a buy rating and $136.20 price target on the company’s shares.

REA Group Limited (ASX: REA)

A final ASX growth share to look at is REA Group. It is the dominant player in real estate listings in the Australian market. REA looks well-placed for growth in the coming years thanks to new revenue streams, cost cutting, price increases, and its international operations. The company has also been busy making acquisitions, which has strengthened its offering, particularly in mortgage broking. Goldman Sachs is also positive on REA. It has a buy rating and $167.00 price target on its shares.

The post 3 buy-rated ASX growth shares to make you smile 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 over ten 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 January 12th 2022

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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 recommended Adore Beauty Group Limited. The Motley Fool Australia has recommended Adore Beauty Group Limited, Dominos Pizza Enterprises Limited, and REA 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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Telstra (ASX:TLS) targets government’s deep cyber-crime pockets

a hooded person sits at a computer in front of a large map of the world, implying the person is involved in cyber hacking.a hooded person sits at a computer in front of a large map of the world, implying the person is involved in cyber hacking.a hooded person sits at a computer in front of a large map of the world, implying the person is involved in cyber hacking.

The Telstra Corporation Ltd (ASX: TLS) share price finished in the red on Thursday. This came after the company unveiled two new cybersecurity offerings aimed at government customers.

The company’s share price has gained nearly 3% since market open on 1 February. However, it finished down 0.74% at $4.05 today.

Let’s take a look at what’s been happening with the telco lately.

Cyber focus

Telstra has released two new cybersecurity solutions aimed at local, state and federal government customers.

The two new capabilities, named Sovereign SecureEdge and Cyber Detection and Response, will be made available to customers in coming months, CRN reported.

The telco has a new specialist cybersecurity team that will help to implement the new initiatives, ARN reported.

Telstra enterprise head of government government Nicole McMahon said Telstra’s technology and cyber team can provide federal, state and local government with secure, sovereign and intelligent networks to “keep Australia safe”.

As we recover from the pandemic, reliance on digital services will remain critical. So it’s important that we secure and protect our digital environment, as disruptions due to cyber attacks could significantly impact the economy and its recovery.

Telstra’s capability to protect, detect and respond to cyber threats, coupled with the unparalleled visibility of threats we have from operating the largest and most complex network in Australia, uniquely positions us to be able to act on cyber issues in real time.

Meanwhile, Morgans now rates the Telstra share price as a “buy”, my Foolish colleague James reported today.

Morgans has a price target of $4.56 on Telstra’s shares. The broker is also predicting fully franked dividends per share of 16 cents in both the 2022 and 2023 financial year.

Meanwhile, earlier this week Telstra announced it had secured a new $100 million Internet of Things deal with the Intellihub group.

Telstra share price snapshot

The Telstra share price has gained nearly 28% over the past year but it has fallen 3% this year to date. It has gained 1.76% in the past week but has fallen 2.64% over the past month.

For perspective, the S&P/ASX 200 Index (ASX: XJO) has returned nearly 7% over the past year.

Telstra has a market capitalisation of about $47.6 billion based on the current share price.

The post Telstra (ASX:TLS) targets government’s deep cyber-crime pockets 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 over 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 January 13th 2022

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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 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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3 excellent ETFs you need to know about

ETF with different images around it on top of a tablet.ETF with different images around it on top of a tablet.

ETF with different images around it on top of a tablet.There are a lot of exchange traded funds (ETFs) funds out there for investors to choose from.

Three top ETFs that you may want to look deeper into are listed below. Here’s what you need to know about them:

Betashares Global Sustainability Leaders ETF (ASX: ETHI)

The first ETF for ASX investors to get better acquainted with is the Betashares Global Sustainability Leaders ETF. This ETF aims to track the performance of an index that includes a portfolio of large global stocks identified as “Climate Leaders.” These companies have also passed screens to exclude ones with direct or significant exposure to fossil fuels or those that are engaged in activities deemed inconsistent with responsible investment considerations. Among the shares included in the fund are the likes of Apple, Nvidia, Toyota, and Visa.

BetaShares NASDAQ 100 ETF (ASX: NDQ)

Another exchange traded fund which could be worth looking at is the BetaShares NASDAQ 100 ETF. As you might have guessed from its name, this exchange traded fund gives investors exposure to the 100 largest businesses on Wall Street’s technology-focused NASDAQ index. This includes tech behemoths such as Amazon, Apple, Alphabet, Facebook/Meta, Microsoft, and Netflix.

iShares Global Healthcare ETF (ASX: IXJ)

Another ETF to look at is the iShares Global Healthcare ETF. It offers investors easy exposure to the healthcare, biotechnology, pharmaceutical, and medical device sectors. This means you’ll be buying many of the world’s biggest and best healthcare companies such as CSL Ltd (ASX: CSL), Johnson & Johnson, Novartis, and Pfizer. Due to ageing populations globally and chronic disease burden increasing, demand for healthcare services is expected to increase markedly over the next couple of decades. This could bode well for the shares included in the fund.

The post 3 excellent ETFs you need to know about 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 over ten 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 January 12th 2022

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 and has recommended BETANASDAQ ETF UNITS. The Motley Fool Australia owns and has recommended BETANASDAQ ETF UNITS. 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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Here are the top 10 ASX shares today

Top 10 ASX 200 shares todayTop 10 ASX 200 shares todayTop 10 ASX 200 shares today

Today, the S&P/ASX 200 Index (ASX: XJO) notched up its third consecutive day of gains. At the end of the session, the benchmark index finished 0.28% higher at 7,288.5 points.

The earnings surprises to the upside outweighed the company’s missing expectations today. Once again, the tech sector provided the best returns out of all the ASX sectors today. Financials followed behind as another solid performing sector. Disappointingly, healthcare, utilities, consumer staples, and industrials all experienced a less desirable performance today.

However, the question is: which shares delivered the biggest returns to investors on the ASX today? Here are the top ten stocks that came through for investors:

Top 10 ASX shares countdown today

Looking at the top 200 listed companies, Bapcor Ltd (ASX: BAP) was the biggest gainer today. Shares in the vehicle parts retailer rebounded 10% following its 8% fall yesterday. Investors were unimpressed with the company’s sluggish performance in the first half. Find out more about Bapcor here.

The next biggest gaining ASX share today was Megaport Ltd (ASX: MP1). The software-defined network service provider surged 7.64% after yesterday’s modest performance following the release of the company’s first-half results. Uncover the latest Megaport details here.

Today’s top 10 biggest gains were made in these ASX shares:

ASX-listed company Share price Price change
Bapcor Ltd (ASX: BAP) $7.15 10.00%
Megaport Ltd (ASX: MP1) $14.65 7.64%
Paladin Energy Ltd (ASX: PDN) $0.79 6.76%
AMP Ltd (ASX: AMP) $1.07 5.94%
Home Consortium Ltd (ASX: HMC) $6.60 4.76%
Liontown Resources Ltd (ASX: LTR) $1.58 4.64%
National Australia Bank Ltd (ASX: NAB) $29.67 4.51%
Allkem Ltd (ASX: AKE) $9.90 4.32%
APM Human Services International Ltd (ASX: APM) $2.90 4.18%
Viva Energy Group Ltd (ASX: VEA) $2.49 3.97%
Data as at 4:00pm AEDT

Our top 10 ASX shares today countdown is a recurring end-of-day summary to ensure you know which companies were making big moves on the day. Check-in at Fool.com.au after the market has closed during weekdays to see which stocks make the countdown.

The post Here are the top 10 ASX shares today 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 over ten 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 January 12th 2022

More reading

Motley Fool contributor Mitchell Lawler has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns and has recommended MEGAPORT FPO. The Motley Fool Australia has recommended Bapcor and 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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