With the market rebounding, now might be a great time to look at adding some new ASX shares to your portfolio.

If you’re wanting to invest in the best shares, then you may want to consider the “champion stocks” listed below.

Here’s why Bell Potter rates them as some of the best shares to buy and hold:

Amcor PLC (ASX: AMC)

Bell Potter’s analysts are positive on this packaging giant due to its defensive earnings and exposure to emerging markets. It explained:

The global leader in consumer packaging with a footprint encompassing North America, Latin America, Asia Pacific, Europe, Middle East, and Africa. The group offers an attractive combination of defensive earnings in the developed countries with faster growth in emerging markets, which accounted for almost 25% of group sales in fiscal 2022.

Goodman Group (ASX: GMG)

The broker also expects Goodman’s shares to be strong performers over the coming years. This is thanks to robust demand for industrial property thanks partly to online shopping. It commented:

One of the world’s largest integrated industrial property groups with operations centred around development, management and ownership throughout Australia, New Zealand, Asia, Europe, United Kingdom, North America, and Brazil. The long term outlook for industrial and logistics properties is favourable given the continuing growth in ecommerce (or on-line retail sales) and the growing middle class in developing countries.

Sonic Healthcare Limited (ASX: SHL)

Finally, Bell Potter is a fan of this medical diagnostic services provider. The broker believes Sonic is well-placed to benefit from demand for pathology services and its ongoing international expansion. It said:

The world’s third largest pathology provider with significant operations in the USA, United Kingdom, Germany, Switzerland, Belgium, Australia and New Zealand. Against the backdrop of continuing growth in the demand for pathology services over the longer term, the group has further international expansion opportunities in both existing and new geographical markets.

The post 3 ‘champion’ ASX shares to buy and hold: Bell Potter appeared first on The Motley Fool Australia.

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More reading

• Top brokers name 3 ASX shares to buy next week
• Why I’m seriously considering investing $10,000 in these ASX 200 shares
• Why Amcor, Australian Strategic Materials, Goodman, and Pilbara Minerals are dropping
• Goodman share price drops 3% on Q1 update
• Dividends beasts: 3 ASX shares that kept the funds growing even during COVID

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 Amcor Limited. The Motley Fool Australia has recommended Sonic Healthcare Limited. 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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If you’re looking for a quick and easy way to build a diverse portfolio, then exchange traded funds (ETFs) could be the answer.

That’s because ETFs give investors the opportunity to invest in a large number of shares through just a single investment. In some cases, this provides instant diversification for a portfolio.

With that in mind, listed below are three ETFs that could be excellent options for investors next week. Here’s what you need to know about them:

BetaShares Global Energy Companies ETF (ASX: FUEL)

With oil prices trading in or around the US$90 per barrel level, energy producers are printing money at present. This bodes well for the companies included in the BetaShares Global Energy Companies ETF. This includes the leading players in the energy sector such as BP, Chevron, ExxonMobil, and Royal Dutch Shell. And with OPEC intent on not letting prices weaken, the coming years look positive for these companies and the ETF.

Vanguard Australian Shares Index ETF (ASX: VAS)

Another ETF for investors to look at next week is the Vanguard Australian Shares Index ETF. It provides investors with easy access to 300 of the largest companies on the Australian share market. This means you’ll be buying a highly diverse group of shares from a multitude of sectors. This includes miners such as BHP Group Ltd (ASX: BHP), banks like Commonwealth Bank of Australia (ASX: CBA), and retail giants including Woolworths Group Ltd (ASX: WOW). Another positive with the ETF is that it pays a decent dividend. At the last count, it was offering a trailing yield of ~7%.

Vanguard MSCI Index International Shares ETF (ASX: VGS)

A final ETF for investors to consider buying next week is the Vanguard MSCI Index International Shares ETF. This is arguably the most diverse ETF available today. That’s because the Vanguard MSCI Index International Shares ETF allows investors to buy a slice of approximately ~1,500 of the world’s largest listed companies. This means you’ll be owning many of the world’s biggest and best-known companies such as Amazon, Apple, AstraZeneca, Johnson & Johnson, JP Morgan, Nestle, Procter & Gamble, and Visa.

The post 3 excellent ETFs for ASX investors to buy next week appeared first on The Motley Fool Australia.

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More reading

• Are Vanguard Australian Shares ETF (VAS) dividends fully franked?
• 2 ETFs for ASX investors to buy for big dividends
• These 10 predictions could help you profit from the stock market regardless of inflation, interest rates or even another bear market
• How regularly does the Vanguard Australian Shares ETF (VAS) pay dividends?
• Is the Vanguard Australian Shares ETF fighting off inflation?

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 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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The Origin Energy Ltd (ASX: ORG) share price currently doesn’t reflect the full offer price that it recently received. What’s going on?

Origin is an ASX share involved in energy generation and energy retailing. In other words, it sells energy to households and businesses.

But, its time as a company on the ASX may be numbered because it has received a hefty takeover offer.

Takeover bid

Earlier this week, it was announced to the ASX that Origin had received a non-binding, indicative offer at $9 per share.

This follows earlier proposals to acquire Origin at $7.95 cash per share on 8 August, and another in September to buy at an indicative price of between $8.70 and $8.90 per share.

The bid has come from Brookfield and MidOcean Energy. The offer values Origin at $18.4 billion on an enterprise value basis. Brookfield would buy the energy markets business, and MidOcean would buy the integrated gas business.

The offer of $9 per share represented a 54.9% premium to the closing price of $5.81 on 9 November 2022.

Origin has entered into a confidentiality and exclusivity agreement with the consortium. Under the terms of the agreement, either party can terminate the exclusivity provisions after five weeks and four days, with one week’s notice.

The Origin board intends to grant the consortium the opportunity to conduct due diligence to enable it to put forward a binding proposal.

Based on current information and market conditions, if the consortium makes a binding offer of $9 cash per share, then it is the “current intention of the Origin board to unanimously recommend that shareholders vote in favour of the proposal”.

Why is the Origin share price so far under the bid?

If Origin shares were to rise to the bid price, that would represent an increase of around 20%.

That’s a lot of money that investors are leaving on the table, if a binding bid comes through. Why is it so much lower?

Origin itself said “if” the consortium makes a bid. There is also the agreement that allows the consortium (and Origin) to walk away from the exclusivity agreement. Those sorts of disclosures aren’t the biggest indications that a deal is virtually certain to happen.

I think it’s also worth pointing out what happened with the Brookfield bid for AGL Energy Ltd (ASX: AGL). Brookfield eventually walked away from the process and a deal didn’t happen.

Perhaps some investors are thinking there’s a risk that Brookfield may not follow through with this takeover either.

Only Brookfield and its consortium partner know how motivated they are to make a deal happen. But, it’s worth noting that the consortium has made three bids for Origin. So, in my view, there seems to be a good chance that a deal could happen. The board have indicated they would accept a $9 per share bid.

The Origin share price closed on Friday down 3.19% at $7.58.

Foolish takeaway

Going for Origin shares isn’t the sort of (short-term) investment I’d personally go for. But, I’d understand if some investors thought that it was an opportunity, if they believed the deal was likely to go ahead.

The post Why is the Origin share price not rising closer to Brookfield’s takeover price? appeared first on The Motley Fool Australia.

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More reading

• Why Computershare, Jervois Global, Origin, and Whitehaven Coal shares are sinking
• Here are the 3 most traded ASX 200 shares on Friday
• Elon Musk’s ‘Alan Bond’ moment?
• 5 of the craziest things making news on the ASX this week
• Here are the top 10 ASX 200 shares today

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. has positions in and has recommended Brookfield Asset Management. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Brookfield Asset Management Inc. CL.A LV. 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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If you’re searching for dividend shares, then it could be worth checking out the two that Morgans is tipping as buys.

Here’s what you need to know about them:

Dexus Industria REIT (ASX: DXI)

Morgans is tipping this industrial and office property company as a dividend share to buy.

That’s because it believes Dexus Industria is well-placed for growth thanks to strong demand in the industrial market.

The broker currently has an add rating and $3.25 price target on the company’s shares. It commented:

DXI’s key industrial markets remain robust with the outlook for solid rental growth backed by strong tenant demand. The development pipeline also provides near and medium term upside potential. A key focus will be the leasing up of the business park assets and a potential divestment could be a positive catalyst. While the portfolio remains well positioned we acknowledge there will be near-term uncertainty around interest rates.

As for dividends, the broker is forecasting dividends per share of 16.4 cents in FY 2023 and 16.9 cents in FY 2024. Based on the current Dexus Industria share price of $2.85, this will mean yields of 5.8% and 5.9%, respectively.

Santos Ltd (ASX: STO)

Another ASX dividend share that Morgans rates as a buy is Santos.

It is of course one of the region’s largest energy producers and the owner of a collection of high quality operations thanks to its recent merger with Oil Search. From these operations, it is aiming to deliver production of 103-106 million barrels of oil equivalent (mmboe) this calendar year.

Morgans is positive on the company due to its growth prospects and diversified earnings base. It has an add rating and $9.00 price target on its shares. The broker commented:

The resilience of STO’s growth profile and diversified earnings base see it well placed to outperform against a backdrop of a broader sector recovery. While pre-FEED, we see Dorado as likely to provide attractive growth for STO, while its recent acquisition increasing its stake in Darwin LNG has increased our confidence in Barossa’s development.

In respect to dividends, Morgans is expecting dividends per share of 22.8 cents in FY 2022 and 24.2 cents in FY 2023. Based on the current Santos share price of $7.50, this will mean yields of 3% and 3.2%, respectively.

The post Broker names 2 ASX dividend shares to buy next wee appeared first on The Motley Fool Australia.

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More reading

• Morgans names 2 ASX dividend shares to buy with big yields
• 4 battered ASX 200 shares that are ‘obvious M&A targets’: expert
• Experts name 2 high yield ASX dividend shares to buy

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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