Day: February 27, 2022

Analysts name 3 ASX 200 shares with potential upside of 20%+

A bearded man holds both arms up diagonally and points with his index fingers to the sky with a thrilled look on his face over the rising Nickel Mines share price

A bearded man holds both arms up diagonally and points with his index fingers to the sky with a thrilled look on his face over the rising Nickel Mines share priceA bearded man holds both arms up diagonally and points with his index fingers to the sky with a thrilled look on his face over the rising Nickel Mines share price

Investors that are looking for some new shares to buy may want to look at the ones listed below.

While these three ASX 200 shares are from different areas of the market, one thing they have in common is that they have been tipped to climb higher from here.

Here’s what you have to know about them:

Goodman Group (ASX: GMG)

The first ASX 200 share that could be in the buy zone is Goodman. It is a global integrated commercial and industrial property company with operations throughout Australia, New Zealand, Asia, Europe, the United Kingdom, North America and Brazil. Goodman has a world class portfolio of properties which have exposure to key growth markets such as ecommerce and logistics. Given the strong demand it is experiencing and its huge development pipeline, Citi believes it is well-placed for growth over the coming years.

Its analysts currently have a buy rating and $29.50 price target on its shares. This implies potential upside of almost 33% for investors.

ResMed Inc. (ASX: RMD)

Another ASX 200 share to look at is ResMed. It is a medical device company with a focus on the sleep treatment market. ResMed has been a very strong performer over the last decade and looks well-placed to continue this strong form over the next decade. This is thanks to its world class products, significant market opportunity, and the growing prevalence of sleep disorders. Its near term performance is also being boosted by a 5.2 million CPAP device recall from Philips.

Morgans is a fan of the company and has an add rating and $40.46 price target on ResMed’s shares. This suggests potential upside of 23% over the next 12 months.

Westpac Banking Corp (ASX: WBC)

A final ASX 200 share to look at is Westpac. This banking giant’s shares are down notably from their highs. This has been driven by concerns about its margins and cost cutting plans. However, the team at Morgans believe the challenges facing Westpac are not unsurmountable. As a result, it doesn’t believe its shares should be priced like a value trap and feels its recent update should alleviate concerns over its cost outlook.

The broker has an add rating and $29.50 price target on its shares. This implies potential upside of almost 30% for investors over the next 12 months.

The post Analysts name 3 ASX 200 shares with potential upside of 20%+ 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 owns Westpac Banking Corporation. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended ResMed. The Motley Fool Australia has recommended ResMed Inc. and Westpac Banking Corporation. 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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Are these 2 leading ETFs great buys in March 2022?

There are some leading exchange-traded funds (ETFs). Are they top candidates for the long-term?

Individual businesses can have plenty of growth potential, but there are ETFs that give investors exposure to a whole group of companies with typically good prospects.

With that in mind, here are two options:

Betashares Nasdaq 100 ETF (ASX: NDQ)

This ETF gives investors exposure to 100 of the biggest businesses on the NASDAQ, which is a North American stock exchange.

Many of the biggest technology businesses in the world are listed on the NASDAQ, such as Microsoft, Apple, Amazon and Alphabet. These businesses are ones that have dominant global positions in their respective markets and continue to introduce products that are changing how we work, learn or entertain ourselves.

But there are more tech businesses in this portfolio than just the ones with market capitalisations over a trillion dollars.

These are some of the other tech names in the portfolio, which all continue to aim to improve the world with their services: Nvidia, Tesla, Meta Platforms, Adobe, Broadcom, Cisco Systems, Advanced Micro Devices, Intl, Qualcomm, Netflix, Texas Instruments, Intuit and PayPal.

But the ETF is not all tech either, there is diversification in other areas. Costco, PepsiCo, Intuitive Surgical and Starbucks are some of the larger positions.

Since inception in May 2015, the NDQ ETF has returned an average of 21.9% per year, that’s after the management fees of 0.48% per annum.

VanEck Video Gaming and Esports ETF (ASX: ESPO)

This ETF is about giving investors the ability to invest in the global video gaming and e-sports industry. There are only 26 holdings in the portfolio, but several places are represented: the US, Japan, China, South Korea, Singapore, France, Sweden, Taiwan and Poland.

The video gaming business is now larger than both the movie and music industries. Video gaming has achieved 12% average annual growth since 2015. The e-sports sector has opened up a number of new revenue streams including: game publisher fees, media rights, merchandise, ticket sales and advertising.

Global games revenue is expected to grow from around US$100 billion in 2016 to US$200 billion in 2023.

VanEck believes that the ESPO ETF has a “dynamic growth opportunity”, giving investors exposure to tech away from the typical ‘FAANG’ names. The fund provider believes this ETF can be a long-term growth story.

These are some of the ETF’s biggest holdings: Tencent, Activision Blizzard, Nintendo, Nvidia, Advanced Micro Devices, Netease, Electronic Arts and Take-Two Interactive Software.

The post Are these 2 leading ETFs great buys in March 2022? appeared first on The Motley Fool Australia.

Should you invest $1,000 in VanEck Video Gaming and Esports ETF right now?

Before you consider VanEck Video Gaming and Esports ETF, 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 VanEck Video Gaming and Esports ETF 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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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 and has recommended BETANASDAQ ETF UNITS. The Motley Fool Australia owns and has recommended BETANASDAQ ETF UNITS. The Motley Fool Australia has recommended VanEck Vectors ETF Trust – VanEck Vectors Video Gaming and eSports 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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2 top ASX shares this broker loves

a geeky looking man wearing a vest and a bow tie clutches a stuffed love heart as he is covered in lipstick kisses from an attractive woman leaning into him and kissing him on the cheek.

a geeky looking man wearing a vest and a bow tie clutches a stuffed love heart as he is covered in lipstick kisses from an attractive woman leaning into him and kissing him on the cheek.a geeky looking man wearing a vest and a bow tie clutches a stuffed love heart as he is covered in lipstick kisses from an attractive woman leaning into him and kissing him on the cheek.

If you’re looking to take advantage of recent market weakness, then it could be worth considering the ASX shares listed below.

Both have recently been named as buys by the team at Bell Potter. Here’s what its analysts are saying:

Premier Investments Limited (ASX: PMV)

This retail conglomerate’s shares could be in the buy zone according to Bell Potter. Its analysts have put a buy rating and $32.00 price target on its shares. Which, based on the current Premier Investments share price of $27.79, suggests potential upside of 15% for investors.

The broker sees opportunities for the Peter Alexander brand to expand globally and appears optimistic that the Smiggle brand will rebound now children are returning to school.

Bell Potter said: “PMV has been an outperformer throughout COVID-19, demonstrating resilient sales performance underpinned by market leading omni-channel capabilities that leverage off a wholly owned DC. We see several key positive catalysts over the next 12-24 mths including the continued rebound in Smiggle, the potential launch of Peter Alexander in new offshore markets, plus M&A opportunities. We retain our Buy rating on the stock.”

Temple & Webster Group Ltd (ASX: TPW)

Bell Potter remains positive on this online furniture retailer following its first half update.

Its analysts have upgraded its shares to a buy rating and put a $12.10 price target on them. This implies potential upside of 72% based on the current Temple & Webster share price of $7.03.

Bell Potter remains positive on its outlook and believes recent share price weakness is a buying opportunity.

The broker explained: “We have moderated our revenue growth forecasts as conservative measure in a rising interest rate environment, although we are yet to allow for upside from TPW’s Home Improvement offering. The net effect is our PT reduces to $12.10 (previously $12.75).”

“Following TPW’s share price retreat, we believe valuation is now more appealing with FY23e EV/sales ~1.8x. Also, TPW’s new growth horizons (B2B / Home Improvement), the structural shift to online plus M&A prospects, provide attractive offsetting benefits vs potential risks from the housing cycle. Accordingly, we upgrade from Hold to Buy,” it concludes.

The post 2 top ASX shares this broker loves 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 Temple & Webster Group Ltd. The Motley Fool Australia has recommended Premier Investments Limited and Temple & Webster Group 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 popular ETFs you need to know

Man looking at an ETF diagram.

Man looking at an ETF diagram.Man looking at an ETF diagram.

Exchange traded funds (ETFs) can be a great way for investors to diversify a portfolio. This is because they give investors access to a large group of shares through just a single investment.

But which ETFs should you look at? Listed below are two ETFs that are popular with ASX investors. Here’s what you need to know and why they could be worth getting better acquainted with them:

BetaShares Asia Technology Tigers ETF (ASX: ASIA)

The first ETF for ASX investors to look at is the BetaShares Asia Technology Tigers ETF. This popular ETF gives investors easy exposure to many of the Asian region’s most exciting growth shares. At present, the ETF is home to ~50 tech companies that are leading Asia’s technological revolution.

Among its holdings are giants such as Alibaba, JD.com, Pinduoduo, Samsung, Taiwan Semiconductor, and WeChat owner Tencent. In respect to Pinduoduo, it is a US$65 billion e-commerce platform with an active customer base closing in on a whopping 1 billion. This makes local online retailer Kogan.com Ltd (ASX: KGN) and its ~4 million active customers look miniscule.

Betashares Global Sustainability Leaders ETF (ASX: ETHI)

Another ETF for ASX investors to take a closer look at is the Betashares Global Sustainability Leaders ETF. This ETF gives investors exposure to large global stocks that have been identified as “Climate Leaders.”

BetaShares notes that this ETF allows investors to invest in a way that is consistent with their ethical standards. The fund manager highlights that the ETF combines positive climate leadership screens with a broad set of ESG criteria, offering investors a true-to-label ethical investment solution. Among the shares included in the fund are the likes of Adobe, Apple, Home Depot, Nvidia, Toyota, and Visa.

The post 2 popular ETFs you need to know 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. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended 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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