Day: April 28, 2022

3 top ETFs for ASX investors to buy and hold for 10 years

ETF written in yellow with a yellow underline and the full word spelt out in white underneath.

ETF written in yellow with a yellow underline and the full word spelt out in white underneath.

There are a lot of exchange traded funds (ETFs) funds out there for investors to choose from.

If you’re looking at long term options, then you may want to look deeper into the three listed below. Here’s what you need to know about them:

BetaShares Asia Technology Tigers ETF (ASX: ASIA)

Although Chinese technology shares have had a very tough year, which has weighed heavily on the BetaShares Asia Technology Tigers ETF, this could prove to be a very attractive buying opportunity for long term investors. Especially given the high quality companies included in this ETF. These include the likes of Alibaba, Baidu, JD.com, and Tencent, which are all exposed to Asia’s growing middle class.

BetaShares Crypto Innovators ETF (ASX: CRYP)

Another exciting ETF that could be a top long term option for investors is the BetaShares Crypto Innovators ETF. Whether you like cryptocurrencies or not, it is a trillion dollar industry and is unlikely to be going away in the future. This means that the companies supporting the industry, such as miners, mining equipment firms, and trading platforms, could be well-placed for growth over the long term. This ETF gives investors exposure to these companies (Coinbase, Silvergate, and Riot Blockchain etc) through a single investment. And while investing in these companies collectively may be lower risk than buying coins, it is still a high risk investment option.

BetaShares Global Cybersecurity ETF (ASX: HACK)

A final exciting ETF for investors to consider as a long term option is the BetaShares Global Cybersecurity ETF. BetaShares notes that worldwide spending on cybersecurity is predicted to increase to almost US$250 billion by 2023. This leaves the companies included in this fund, which are working to reduce the impact of cybercrime globally, well-positioned for growth in the future. These companies include leaders such as Accenture, Cisco, and Cloudflare, Crowdstrike, Okta, and Palo Alto Networks.

The post 3 top ETFs for ASX investors to buy and hold for 10 years 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 positions in and has recommended BETA CYBER ETF UNITS and Betashares Crypto Innovators ETF. The Motley Fool Australia has positions in and has recommended BETA CYBER ETF UNITS. 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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Why did ASX coal shares having such a stellar run on Thursday?

Three coal miners smiling while undergroundThree coal miners smiling while underground

ASX coal shares finished ahead today amid India reportedly planning to step up coal imports.

Three major ASX coal shares include Whitehaven Coal Ltd (ASX: WHC)Yancoal Australia Ltd (ASX: YAL) and New Hope Corporation Limited (ASX: NHC).

The Whitehaven share price surged 6.9% today, Yancoal leapt 3.96% and New Hope rocketed 4.55%.

Let’s take a look at what weighed on ASX coal shares today.

Indian to import more coal

The Indian power minister has asked states to boost coal imports, Reuters reported. India is the next biggest coal exporter in the world after China. The country has 28 states and 8 union territories.

India wants to increase coal imports to boost coal inventories and meet demand for the commodity.

An official who attended a meeting between Indian power minister Raj Kumar Singh and the states told Reuters:

The states were asked to continue importing because the private sector will take till at least early 2025 to produce significant output

The coal price climbed 0.32% in global markets to US$326.05 per tonne, Trading Economics data shows. Amid the Russian sanctions on coal, some top consumers are looking to buy more from countries including Australia and South Africa.

Whitehaven recorded a record average coal price of $315 per tonne in the third quarter, up 211% from $101 in the prior corresponding period.

Share price summary

The Whitehaven share price has surged 304.9% in a year, while Yancoal has risen 156%. Meanwhile, New Hope shares have rocketed 200%.

In contrast, the S&P/ASX 200 Index (ASX: XJO) has increased 4.14% in the past year.

The post Why did ASX coal shares having such a stellar run on Thursday? appeared first on The Motley Fool Australia.

Should you invest $1,000 in right now?

Before you consider , 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 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 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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Analysts name 2 ASX 200 healthcare shares to buy

a doctor in a white coat makes a heart shape with his hands and holds it over his chest where his heart is placed.

a doctor in a white coat makes a heart shape with his hands and holds it over his chest where his heart is placed.

If you’re looking for exposure to the healthcare sector, then you may want to check out the two buy-rated shares listed below.

Here’s why analysts rate these ASX 200 healthcare shares as buys:

Pro Medicus Limited (ASX: PME)

The first ASX 200 healthcare share that is highly rated is Pro Medicus. It is a healthcare technology company that provides industry-leading software that facilitates the clinical assessment of medical images.

The team at Bell Potter is very positive on Pro Medicus due largely to its Visage 7 product.

It commented: “Visage 7 is the fastest, most versatile viewing software on the market and it is the key reason why Pro Medicus has been successful in winning numerous high profile hospital contracts in the US, ahead of some of the largest global names in the industry.”

And while the broker acknowledges that its shares remain “expensive”, it believes the company’s “prospective EPS growth is supportive of this large premium.” Particularly given how it has “barely scratched the surface of the IDN [Integrated Delivery Network] market in the US.”

Bell Potter currently has a buy rating and $55.00 price target on the company’s shares.

ResMed Inc. (ASX: RMD)

Another ASX 200 healthcare share that is highly rated is ResMed. It is a sleep treatment focused medical device company with a portfolio of cloud-connected products that transform care for people with sleep apnea, COPD, and other chronic diseases.

Analysts at Morgans are very positive on the company. They currently have an add rating and $40.46 price target on its shares.

Morgans commented: “While we believe the next few quarters will likely be volatile, as Covid-related demand for ventilators continues to slow and core sleep apnoea volumes gradually lift, nothing changes our medium/longer term view that the company remains well-placed as it builds a unique, patient-centric, connected-care digital platform that addresses the main pinch points across the healthcare value chain.”

The post Analysts name 2 ASX 200 healthcare shares to buy 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 Cochlear Ltd. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended ResMed. The Motley Fool Australia has recommended Cochlear Ltd. and ResMed Inc. 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 ASX All Ordinaries shares that soared more than 10% today

A graphic image of three upward pointing arrows with smoke coming from their bottoms, indicating the arrows are taking off just like the Althea share price todayA graphic image of three upward pointing arrows with smoke coming from their bottoms, indicating the arrows are taking off just like the Althea share price today

The All Ordinaries Index (ASX: XAO) recovered from a disastrous 4-session, 4.3% tumble today, recording its first gain of the week with the help of these shares.

They each gained more than 10% today. Impressively, some have managed to chalk up the upwards move without uttering a single word of news.

The All Ordinaries Index gained 1.15% today.

Let’s take a look at what boosted these 3 stocks more than 10% higher.

3 ASX All Ordinaries shares recording massive gains

Stanmore Resources Ltd (ASX: SMR)

The Stanmore Resources share price recorded an 11.88% gain to close at $2.26 on Thursday. In fact, at its highest point, the coal miner’s shares were trading 16.3% higher than their previous close.

Interestingly, there’s been no news from the energy stock today. On top of that, the S&P/ASX 200 Energy Index (ASX: XEJ) recorded a modest rise of just 0.92%.

Though, its best performer was the Whitehaven Coal Ltd (ASX: WHC) share price.

Other coal producing shares, Yancoal Australia Ltd (ASX: YAL) and New Hope Corporation Limited (ASX: NHC) also recorded notable gains of between 4% and 6%.

The sector’s buoyancy on Thursday might have been due to reporting by Reuters. According to the publication, India has urged its states to increase coal imports in a bid to boost inventories.

The move would likely see already inflated coal prices increase further. That would likely be good news to coal producers’ bottom lines.

City Chic Collective Ltd (ASX: CCX)

Another ASX All Ordinaries share to silently record a gain of more than 10% on Thursday is City Chic.

The clothing retailer’s stock surged 10.22% to close at $3.02. The stock also soared 5.38% on Wednesday on the release of a positive trading update.

Over the 17 weeks between 27 December and 24 April, the company’s total sales increased 25% year-on-year.

AMP Ltd (ASX: AMP)

Finally, All Ordinaries giant, AMP, saw its share price rocket 12.68% on Thursday to $1.16 on the back of more divestment news.

The embattled financial services company announced that it’s found a buyer for the final leg of its Collimate Capital business.

DigitalBridge has agreed to pay up to $699 million for the international infrastructure equity business, $462 million of which will come in the form of an upfront cash payment to AMP.

The news came just a day after AMP announced that it was selling Collimate’s real estate and domestic infrastructure business to Dexus Property Group (ASX: DXS).

AMP is planning to use the funds from the sales to pay off its debt and conduct a capital return.

The post 3 ASX All Ordinaries shares that soared more than 10% today appeared first on The Motley Fool Australia.

Should you invest $1,000 in Stanmore Resources right now?

Before you consider Stanmore Resources , 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 Stanmore Resources 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

More reading

Motley Fool contributor Brooke Cooper 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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