If you’re looking for an easy way to invest your hard-earned money, then exchange traded funds (ETFs) could be worth considering.

ETFs allow you to invest in a large group of shares through just a single investment. This can be good if you’re not sure which individual shares to buy but are keen on a particularly theme or index.

With that in mind, here are two ETFs that are popular with investors right now:

ETFS Battery Tech & Lithium ETF (ASX: ACDC)

The first ETF to look at is the ETFS Battery Tech & Lithium ETF. As its name implies, this ETF provides investors with exposure to a range of companies involved in battery technology and lithium mining.

These are the companies that look set to benefit greatly from the shift to clean energy and electric vehicles. Included in the ETF are shares such as AMG Advanced Metallurgical Group, Lockheed Martin, Mineral Resources Limited (ASX: MIN), and Pilbara Minerals Ltd (ASX: PLS).

Jessica Amir from Saxo Markets believes this ETF could be a top option for investors. She recently suggested that it could be good for investors that aren’t keen on stock-picking but want to gain exposure to the decarbonisation megatrend.

BetaShares Crypto Innovators ETF (ASX: CRYP)

Another exciting ETF to look at is the BetaShares Crypto Innovators ETF. This ETF could be a good alternative for investors keen to get exposure to the crypto industry but aren’t overly keen on owning coins.

BetaShares notes that the ETF allows investors to gain exposure to a portfolio of companies at the forefront of the crypto world. This includes crypto trading platforms, crypto mining and mining equipment firms, and other companies servicing crypto markets. Among its holdings you’ll find Coinbase, Silvergate, and Riot Blockchain.

Felicity Thomas from Shaw & Partners recently rated the ETF as a buy. She told Livewire: “It’s another buy from me. It’s off 45% from its original initiation price. […] it’s the picks and shovels of cryptocurrency in different companies, rather than direct cryptocurrency. You make money on the buyers and sales. So with ANZ and NAB and all the majors getting into cryptocurrency, I think it’s here to stay.”

The post 2 fantastic ETFs for ASX investors to buy next week appeared first on The Motley Fool Australia.

More reading

• 3 top ETFs for ASX investors to buy now
• Does the ETFS Battery Tech & Lithium ETF (ACDC) pay dividends?
• 3 high quality ETFs for ASX investors to buy this month
• 2 excellent ETFs for investors to buy in May
• 3 top ETFs for ASX investors to buy and hold for 10 years

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 Crypto Innovators ETF. 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.

from The Motley Fool Australia https://ift.tt/LUicmvT

On 3 March, the Rio Tinto Limited (ASX: RIO) share price finished the trading day at $127.85. At Friday’s close, it was trading at $108.35. That’s a 15.2% drop compared to just a 0.08% fall for the S&P/ASX 200 Index (ASX: XJO) over the same time frame. This begs the question, is this an opportunity to buy the dip?

Buying the dip means buying a share after it has suffered a price decline. It’s always best to do so when the dip has nothing to do with the stock itself but is a result of general market fluctuations caused by broader macro-economic issues, like we’re seeing now.

It’s rising interest rates and inflation that are causing havoc with share markets globally. Investors are still getting their heads around these issues, as they haven’t seen them in play for many years, and that’s one reason why we’re seeing a lot of volatility in the markets right now.

Why buy the dip?

Investors with a buy the dip strategy love volatility. It gives them a chance to pick up desirable stocks like the big ASX blue chips for short or long-term capital gains and dividends.

It’s like going into a store and seeing your favourite item on sale. You know it’s high quality, and the only reason it’s on sale is that everything else is, too. So, why not take advantage of it?

What do the experts think of the Rio Tinto share price?

There are two notable brokers who are recommending Rio Tinto as a buy right now.

Goldman Sachs is bullish with a 12-month price target of $135.10 on Rio Tinto shares. That’s a potential 25% upside on today’s price.

Goldman reckons Rio’s exposure to many commodities commanding high prices will lead to material extra cash flow in the near term.

Goldman also likes the look of a bunch of growth projects currently underway. The broker reckons they’ll boost production — and hence earnings — soon.

Rio Tinto has been a big dividend payer in recent times, and Goldman expects this to continue. The broker is forecasting a US$9.30 per share dividend in FY22 and a US$8.80 per share dividend in FY23.

Taking the exchange rate and today’s share price into account, we’re talking dividend yields of between 11% and 12% for Rio Tinto investors.

Macquarie is the other broker advocating Rio. Macquarie says it is overweight on ASX resources shares and defensive shares in its strategy portfolio.

One reason for this is high commodity prices. Another is the broker’s belief that China will introduce new stimulus to restart its economy.

Rio Tinto is among a select group of ASX resources shares that Macquarie believes are well placed today. The others are South32 Ltd (ASX: S32) and BHP Group Ltd (ASX: BHP).

Macquarie notes that all three ASX shares have high current earnings. There’s also potential for extra earnings per share (EPS) in FY23 if spot commodity prices remain strong or go higher.

The post Down 15% since early March, is the Rio Tinto share price an ASX mining buy? appeared first on The Motley Fool Australia.

More reading

• Everything you need to know about the upcoming BHP dividend
• Why is the Woodside share price dropping 4% today?
• Why BHP, Chalice Mining, IGO, and Life360 shares are storming higher
• ASX 200 midday update: BHP, IGO, and Woolworths charge higher
• BHP share price higher following Woodside shareholder merger approval

Motley Fool contributor Bronwyn Allen has positions in BHP Billiton Limited and Macquarie Group Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Goldman Sachs. The Motley Fool Australia has recommended Macquarie Group Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

from The Motley Fool Australia https://ift.tt/2aK5EbU

Like moths to a flame, investors are currently finding ASX dividend shares very alluring.

The volatile share market this year has forced many to turn to income-producing ASX shares as protection against slowing capital growth.

But Celeste Funds executive chair Paul Biddle told the Australian Financial Review to be wary of false idols. 

“There are [a] lot of yield traps out there,” he said.

“You need to know that the small-cap company has a reasonable chance of making its revenue and earnings forecast, even if the economy slows.”

The businesses to look for are those with “a good handle on its cost base”. 

That means they can forward any supply cost pressures to customers, maintain margins, and eventually pay a healthy dividend.

Blackmore Capital chief investment officer Marcus Bogdan believes he’s found one such dividend stock:

No shortage of customers

Industrial real estate provider Goodman Group (ASX: GMG) last week released a performance update that was well-received.

But that hasn’t stopped the market punishing the Goodman share price down 16.4% over the past month and more than 28% for the year so far.

That just makes it attractive to Bogdan’s team though.

“Yeah, we like Goodman,” he told Switzer TV Investing.

“Unlike the broad spectrum of property stocks that are listed, there’s been a significant sell-off of between 20% and 25%. And now we’re starting to see some value.”

He likes the ongoing demand for Goodman’s distribution centres and logistics, which matches what modern e-commerce businesses need around the world. 

“That’s been reflected in an upgrade in their earnings,” said Bogdan.

“At the beginning of this financial year they forecast earnings were going to grow 10%. They upgraded that to 20%, then earlier this week they’ve increased that again to earnings per share growth of 23%.”

The Motley Fool’s James Mickelboro reported Goodman clients are continuing to “intensify warehousing in urban locations” and “increase automation and technology”.

“All in all, this has underpinned a 3.7% increase in like-for-like net property income and a 98.7% occupancy rate.”

Despite this year’s sell-off, Goodman shares have risen in excess of 123% over the past five years, and pay out a 1.1% dividend yield.

The post ‘We see value’ in this dividend ASX share: expert appeared first on The Motley Fool Australia.

More reading

• Brokers name 3 ASX shares to buy today
• 3 ASX 200 shares defying today’s carnage to climb higher
• 2 top blue chip ASX 200 shares to buy now according to experts
• Top brokers name 3 ASX shares to buy today
• 5 things to watch on the ASX 200 on Tuesday

Motley Fool contributor Tony Yoo 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 Scott Phillips.

from The Motley Fool Australia https://ift.tt/6sWAPgp

Last week saw a number of broker notes hitting the wires once again. Three buy ratings that investors might want to be aware of are summarised below.

Here’s why brokers think investors ought to buy them next week:

Aristocrat Leisure Limited (ASX: ALL)

According to a note out of Morgans, its analysts have retained their add rating but trimmed their price target on this gaming technology company’s shares to $43.00. Morgans notes that Aristocrat delivered a stronger than expected half-year result. It also highlights that the company’s investment in product and partnerships paid off handsomely in the Americas Gaming segment and there was positive earnings growth in ANZ, International Class III Gaming, and Pixel United. All in all, the broker remains confident in the company’s long-term organic growth potential. The Aristocrat share price ended the week at $35.17.

Premier Investments Limited (ASX: PMV)

A note out of Citi reveals that its analysts have upgraded this retail conglomerate’s shares to a buy rating with a $29.00 price target. Citi is a fan of Premier Investments due to its belief that the Smiggle and fashion brands will be reopening winners. And while that may not be the case for the Peter Alexander brand, it still expects it to hold up reasonably well. The Premier Investments share price was fetching $22.69 at Friday’s close.

Webjet Limited (ASX: WEB)

Analysts at Goldman Sachs have retained their buy rating and $6.90 price target on this online travel agent’s shares. This follows the release of a full-year result that missed on earnings but outperformed significantly on cash flow generation. Looking ahead, the broker believes Webjet has a strong growth outlook and an equally strong cash balance which could help it take advantage of any value accretive opportunities. The Webjet share price was trading at $6.00 at the end of the week.

The post Top brokers name 3 ASX shares to buy next week appeared first on The Motley Fool Australia.

More reading

• Why the Aristocrat share price is surging again today
• Brokers name 3 ASX shares to buy today
• Webjet share price tipped to rise: Broker says it ‘hasn’t wasted a crisis’
• 5 things to watch on the ASX 200 on Friday
• Here are the top 10 ASX shares today

Citigroup is an advertising partner of The Ascent, a Motley Fool company. 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 Goldman Sachs. The Motley Fool Australia has recommended Premier Investments Limited and Webjet Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

from The Motley Fool Australia https://ift.tt/1F8bXUM