Day: May 17, 2022

3 top ETFs for ASX investors to buy now

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.

If you’re looking for an easy way to diversify your portfolio, then exchange traded funds (ETFs) could be the way to do it.

But which ETFs could be top options right now? Listed below are three excellent ETFs that could be worth considering as long term investments:

BetaShares Crypto Innovators ETF (ASX: CRYP)

The first ETF to look at is the BetaShares Crypto Innovators ETF. It could be an ETF to consider if you believe the recent crypto selloff is a minor blip and nothing structural. This fund gives investors exposure to the crypto economy through a portfolio of companies that are at the forefront of the industry. This includes crypto trading platforms such as Coinbase and crypto mining and mining equipment firms such as Core Scientific and Riot Blockchain.

BetaShares Global Energy Companies ETF (ASX: FUEL)

Another ETF to look at is the BetaShares Global Energy Companies ETF. Unlike the crypto market, the energy market is absolutely thriving in 2022. So, for investors that are wanting to gain exposure to rising oil prices, this ETF could be a great way to do. The BetaShares Global Energy Companies ETF allows investors to own a slice of some of the biggest energy companies in the world. This includes the likes of BP, Chevron, ExxonMobil, and Royal Dutch Shell.

Vanguard MSCI Index International Shares ETF (ASX: VGS)

A final ETF for investors to look at is the Vanguard MSCI Index International Shares ETF. This ETF provides investors with exposure to a whopping ~1,500 of the world’s largest listed companies. This could make it a top option for investors seeking to diversify their portfolio. Among the companies you’ll be investing in are giants such as Amazon, Apple, Johnson & Johnson, JP Morgan, Nestle, Procter & Gamble, and Visa.

The post 3 top ETFs for ASX investors to buy now 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 BetaShares Global Energy Companies ETF – Currency Hedged, Betashares Crypto Innovators ETF, and Vanguard MSCI Index International Shares 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 Scott Phillips.

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Why did the Bubs share price jump 16% today?

Man drawing an upward line on a bar graph symbolising a rising share price.

Man drawing an upward line on a bar graph symbolising a rising share price.

The Bubs Australia Ltd (ASX: BUB) share price was a strong performer on Tuesday.

The infant formula company’s shares ended the day 16% higher at 43 cents.

Why did the Bubs share price pop?

The Bubs share price raced higher on Tuesday despite there being no news out of the company. However, some industry news may have given its shares a boost.

Overnight the US Food and Drug Administration (FDA) announced important updates on its ongoing work to increase the supply and availability of infant formula in the country.

US FDA Commissioner, Robert M. Califf M.D., commented:

We recognize the hardships that parents and caregivers have faced in obtaining infant formula and the FDA is focused on boosting the availability of the country’s supply of these products, including new steps regarding importation. We are also taking a look at the supply of infant formulas developed by manufacturers across the country and around the world to determine if a reallocation of their distribution can be made to help get the right product to the right place, at the right time.

Investors may believe this bodes well for Bubs, which launched its Aussie Bubs brand formula range on a number of ecommerce platforms in the country late last year. This has since been boosted by a presence in a number of supermarkets.

With its third-quarter update, Bubs Founder and CEO, Kristy Carr, provided an update on its footprint in the US. She said:

Our USA bricks and mortar retail footprint continues to expand with secured ranging of Aussie Bubs Goat and Grass Fed Toddler Formula in 254 Smart & Final supermarkets in Southern California, and 130 Buy Buy Baby stores spread across 37 states. These new listings complement our existing retail presence in 177 Ralph’s supermarkets and online on Walmart.com, Amazon.com and Thrive.com.

Time will tell if Bubs benefits from these shortages but investors seem to be betting on it doing so.

The post Why did the Bubs share price jump 16% today? appeared first on The Motley Fool Australia.

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

Before you consider Bubs, 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 Bubs 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 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 BUBS AUST FPO. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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Here are the top 10 ASX shares today

top 10 asx shares todaytop 10 asx shares today

Today, the S&P/ASX 200 Index (ASX: XJO) captured its third consecutive day in the green despite Wall Street getting the cold shoulder from investors. At the end of the session, the benchmark index finished 0.27% higher at 7,112.5 points.

While whispers of a potential higher rate increase in June circulated the market, investors were unnerved as they fired their money into the more defensive sectors on Tuesday. Getting the most attention were energy companies, though, battery material miners fared favourably as well.

Unfortunately, market participants were less keen on healthcare, real estate, and tech today. These are the same sectors that we have previously watched weaken on news of higher rates.

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, Core Lithium Ltd (ASX: CXO) was the biggest gainer today. Shares in the lithium project developer surged 9.28% following an update on the company’s progress towards bringing the Finniss Lithium Project online. Find out more about Core Lithium here.

The next best performing ASX share across the market today was Lynas Rare Earths Ltd (ASX: LYC). The rare earths producer’s share price firmed by 6.56% today as demand for rare earth oxides continues to hold strong. Uncover the latest Lynas Rare Earths details here.

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

ASX-listed company Share price Price change
Core Lithium Ltd (ASX: CXO) $1.295 9.28%
Lynas Rare Earths Ltd (ASX: LYC) $9.42 6.56%
Beach Energy Ltd (ASX: BPT) $1.735 6.12%
Whitehaven Coal Ltd (ASX: WHC) $5.20 5.91%
Mineral Resources Ltd (ASX: MIN) $58.16 5.71%
Allkem Ltd (ASX: AKE) $12.06 5.51%
Coronado Global Resources Inc (ASX: CRN) $2.29 5.05%
Pilbara Minerals Ltd (ASX: PLS) $2.73 5.00%
Sandfire Resources Ltd (ASX: SFR) $5.15 4.04%
New Hope Corporation Ltd (ASX: NHC) $3.88 4.02%
Data as at 4:00 AEST

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

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Motley Fool contributor Mitchell Lawler has positions in Lynas Corporation 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 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 Scott Phillips.

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Battery-powered! 3 ASX mining shares up more than 50% in 2022

three young children weariing business suits, helmets and old fashioned aviator goggles wear aeroplane wings on their backs and jump with one arm outstretched into the air in an arid, sandy landscape.three young children weariing business suits, helmets and old fashioned aviator goggles wear aeroplane wings on their backs and jump with one arm outstretched into the air in an arid, sandy landscape.

The S&P/ASX 200 Materials Index (ASX: XMJ) has climbed 0.25% year to date, but three ASX mining shares are surging higher.

Let’s take a look at which three ASX companies — all involved in developing minerals used in the manufacture of electric vehicles — are having a good year.

Arafura Resources Limited (ARU)

Arafura Resources shares have soared 67% year to date. The company is developing rare earths at the Nolans project in the Northern Territory. One major piece of news that drove the ASX mining share higher in March was a $30 million grant from the Federal Government. The grant will help fund a $90.8 million separation plant at the Nolans project.

Commenting on the news, managing director Gavin Lockyer said:

This grant is an exciting milestone for Arafura, recognising the strategic significance of the Nolans Project and its place in the future of critical minerals processing in Australia.

The company is hoping to supply about 5% of the world’s NeodymiumPraseodymium (NdPr) demand from the Nolans project. Rare earths are a crucial component in the manufacture of electric vehicles (EV).

In more positive news for the company, Arafura was listed on the  All Ordinaries Index (ASX: XAO) in early March.

Green Technology Metals Ltd (GT1)

The Green Technology Metals share price has rocketed 58% year to date. The company is working on lithium projects at Root Lake, Seymour Lake, and Wisa Lake.

In major news for the ASX mining share in late April, Green Technology Metals announced major US lithium player Lithium Americas Corp (NYSE: LAC) will invest US$10 million in the company.

Drilling results in early April may have also helped the company’s share price. Drilling at the Seymour lithium project in Ontario, Canada intercepted thick, high-grade lithium oxide.

Group 6 Metals Ltd (G6M)

The Group 6 Metals share price has surged 83% year to date. The company is redeveloping the Dolphin tungsten mine in Tasmania to explore tungsten. This is another rare metal that can be used in lithium-ion batteries.

This ASX mining share has recently received attention from the United States. Chairman Johann Jacobs has been in conversations with the US embassy lately about the mine. China has a global dominance in the tungsten market, but Group 6 provides a potentially new supply chain.

Commenting on the meetings with the US embassy, Jacobs said:

At this stage, they don’t have any financial interest, but they certainly are very keen to see us progress and develop the mine because it’s another supply chain… from a friendly nation.

In February, Group 6 reiterated its commitment to developing the Dolphin mine, describing it as the “highest-grade tungsten deposit of significant size in the Western World”.

The post Battery-powered! 3 ASX mining shares up more than 50% in 2022 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

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 Scott Phillips.

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