Day: July 28, 2022

Analysts name 2 ASX dividend shares with good yields to buy

Four ASX dividend shares investors stand in a line holding cash fanned in their hands with thoughtful looks on their faces.

Four ASX dividend shares investors stand in a line holding cash fanned in their hands with thoughtful looks on their faces.

Are you looking to boost your income with some dividend shares? Then you might want to look at the two listed below.

Both of these dividend shares are expected to provide investors with attractive yields in the near term. Here’s what you need to know about them:

Coles Group Ltd (ASX: COL)

The first ASX dividend share for income investors to consider is supermarket giant Coles.

It could be a top option for income investors due to its defensive qualities and the positive outlook of its growing network of supermarket, convenience stores, and liquor stores.

In addition, this network is being supported by the company’s bold refreshed strategy, which is focusing on cutting costs through automation and efficiencies. This is expected to boost Coles’ profitability in the coming years.

Morgans is positive on Coles and has an add rating and $20.65 price target on its shares.

In respect to dividends, the broker is forecasting fully franked dividends of 61 cents per share in FY 2022 and 64 cents per share in FY 2023. Based on the latest Coles share price of $18.64, this will mean yields of 3.3% and 3.4%, respectively.

National Storage REIT (ASX: NSR)

Another ASX dividend share to look at is leading self-storage operator, National Storage.

Through its portfolio of over 200 centres, the company provides tailored storage solutions to approximately 100,000 residential and commercial customers.

But management isn’t settling for that and continues to see plenty of room to grow in the future. This is because the self storage industry remains highly fragmented, which provides National Storage with plenty of high-quality acquisition opportunities to bolster its growth inorganically.

Ord Minnett is a fan of National Storage. The broker currently has a buy rating and $2.70 price target on its shares.

As for dividends, its analysts are forecasting dividends per share of 10 cents in FY 2022 and 11 cents in FY 2023. Based on the current National Storage share price of $2.41, this equates to yields of 4.15% and 4.55%, respectively.

The post Analysts name 2 ASX dividend shares with good yields 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

See The 5 Stocks
*Returns as of July 7 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 positions in and has recommended COLESGROUP DEF SET. 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’s why experts say these are the ASX mining shares to buy now

Two smiling men in high visibility vests and yellow hardhats stand side by side with a large mound of earth and mining equipment behind them smiling as the Carnaby Resources share price rises today

Two smiling men in high visibility vests and yellow hardhats stand side by side with a large mound of earth and mining equipment behind them smiling as the Carnaby Resources share price rises today

Investors that are wanting to diversify their portfolio with some exposure to the mining sector might want to check out the two ASX shares listed below.

Both have been tipped as top options for investors in the sector with significant upside potential. Here’s what you need to know about these mining shares:

Iluka Resources Limited (ASX: ILU)

The first ASX mining share for investors to consider is Iluka.

It is a mineral sands and rare earths company with a number of quality operations across South Australia and Western Australia. This includes the exciting Eneabba project, where the company is developing a fully integrated rare earths refinery.

Analysts at Goldman Sachs are very bullish on Iluka. So much so, the broker has the company on its coveted conviction list. Its analysts explained:

We are Buy rated on mineral sands/rare earth producer ILU (on CL) on attractive valuation and compelling Zircon and TiO2 price upside and Rare Earth growth potential.

We think ILU is undervalued (on c. 6x EBITDA NTM) vs. key rare earth (c. 15x) and mineral sands/pigment (c. 6x) industry peers. Positive on project pipeline and forecast >40% production growth in mineral sands volumes, c.18ktpa of Rare Earths, and a >50% increase in EBITDA over the next 5 yrs to 2026 The Zircon and TiO2 feedstock markets entered a 3-yr supply side driven deficit in 2021, and we see ongoing upside risk to prices in 2022

Goldman Sachs currently has a conviction buy rating and $13.80 price target on Iluka’s shares.

South32 Ltd (ASX: S32)

Another ASX mining share that has been tipped as a buy is South32.

This mining giant was spun out of BHP Group Ltd (ASX: BHP) in 2015 and has gone onto become a force of its own. Particularly given the recent transformation of its portfolio to give it exposure to metals that will be important to the decarbonisation megatrend.

One broker that has taken note of this transformation is Morgans. It has been pleased with the work management has undertaken and believes it is well-placed for the long term. The broker explained:

S32 has transformed its portfolio divesting South African thermal coal and acquiring an interest in Chile copper, substantially boosting group earnings quality, as well as S32’s risk and ESG profile. Unlike its peers amongst ASX-listed large-cap miners, S32 is not exposed to iron ore. Instead offering a highly diversified portfolio of base metals and metallurgical coal (with most of these metals enjoying solid price strength). We see attractive long-term value potential in S32 from de-risking of its growth portfolio, the potential for further portfolio changes, and an earnings-linked dividend policy.

Morgans has an add rating and $6.10 price target on South32’s shares.

The post Here’s why experts say these are the ASX mining shares 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

See The 5 Stocks
*Returns as of July 7 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 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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Here are 2 high quality ETFs named as buys by analysts

A female broker in a red jacket whispers in the ear of a man who has a surprised look on his face as she explains which two ASX 200 shares should do well in today's volatile climate

A female broker in a red jacket whispers in the ear of a man who has a surprised look on his face as she explains which two ASX 200 shares should do well in today's volatile climate

Are you looking for some top exchange traded funds (ETFs) to add to your portfolio? If you are, then listed below are two ETFs that analysts are tipping as buys.

Here’s what analysts are saying about them:

ETFS Battery Tech & Lithium ETF (ASX: ACDC)

The first ETF to look at is the ETFS Battery Tech & Lithium ETF. This ETF gives investors access to companies with exposure to the electrification and decarbonisation trend.

Among the companies that you’ll be investing in are those involved in battery technology, electric vehicles, and lithium mining. This includes BYD, Mineral Resources Limited (ASX: MIN), Pilbara Minerals Ltd (ASX: PLS), Nissan, and Renault.

Jessica Amir from Saxo Markets is a fan of the ETF. She recently said:

If [lithium] stock picking is not for you, and if you believe, like we do, that the electric vehicle industry and the critical minerals/ commodities will continue to see rising demand, and policy support, and also benefit from the world striving to be carbon neutral by 2050, then you could invest or trade in Global X Lithium & Battery Tech ETF (LIT) or ETFS Battery Tech & Lithium ETF (ACDC) that invests in about 30 of the biggest EV and battery technology companies in the world.

ETFS S&P 500 High Yield Low Volatility ETF (ASX: ZYUS)

Another that could be worth a closer look is the ETFS S&P 500 High Yield Low Volatility ETF.

This ETF gives investors exposure to some of the highest yielding and low volatility stocks on the US stock market. It also has strict diversification and tradability requirements to ensure investors aren’t loading up on one particular sector.

Among the companies that you will be investing in include IBM, Kinder Morgan, Kraft Heinz, Philip Morris, and Verizon.

One analyst that is positive on the ETF is Felicity Thomas from Shaw and Partners. Thomas recently told Livewire that it was a top pick for her. She said:

I really like ETF Securities High Yield Low Volatility ETF. Essentially, I really like their methodology. They look at the top 75 high-quality businesses and they only take 10 high-yielding companies per sector, and they remove the 25 most volatile. It’s got names like Kraft, IBM, and Verizon and also pays a quality distribution. And I think everyone’s looking for defensive yield at the moment.

The post Here are 2 high quality ETFs named as buys by analysts 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

See The 5 Stocks
*Returns as of July 7 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 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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Brokers name 2 top ASX shares to buy now

A young female investor sits in her home office looking at her ipad and smiling as she sees the QBE share price rising

A young female investor sits in her home office looking at her ipad and smiling as she sees the QBE share price rising

The Australian share market is home to a large number of high quality companies with strong long term growth potential.

In order to narrow things down, I’ve picked out two ASX shares that are highly rated by experts. Here’s what you need to know about these ASX shares:

IDP Education Ltd (ASX: IEL)

The first ASX share to look at is IDP Education. It is a provider of international student placement and English language testing services.

After a couple of tough years because of the pandemic, business is booming again for IDP. It delivered very strong profit growth during the first half of FY 2022 and more of the same is expected for the full year.

But its growth isn’t expected to stop there. The team at Goldman Sachs “see a compelling long-term growth opportunity with a number of drivers.” These include structural growth in multi-destination student placement markets, its strong digital capabilities, and potential bolt-on acquisitions.

In light of its positive view, Goldman Sachs has put a buy rating and $35.50 price target on its shares.

WiseTech Global Ltd (ASX: WTC)

Another ASX share for investors to consider is this logistics solutions technology company.

WiseTech is the company behind the popular CargoWise One solution. This platform allows users to execute complex logistics transactions and manage freight operations from a single, easy to use platform.

Demand has been growing strongly over the last decade, underpinning stellar sales and profit growth. Pleasingly, this trend has continued in FY 2022 with the company recently upgrading its full year guidance.

The team at Ord Minnett appear confident there’s still plenty more to come from the company. Its analysts recently put a buy rating and $50.50 price target on its shares.

The post Brokers name 2 top ASX shares 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

See The 5 Stocks
*Returns as of July 7 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 Idp Education Pty Ltd and WiseTech Global. The Motley Fool Australia has positions in and has recommended WiseTech Global. 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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