Are you looking for exchange traded funds (ETFs) to buy for 2023? If you are, then you might want to look at the three top ETFs listed below.

Here’s what you need to know about them:

BetaShares Global Cybersecurity ETF (ASX: HACK)

If you’re interested in tech investment options outside the status quo, then you might want to look at the BetaShares Global Cybersecurity ETF. As you might have guessed from its name, this ETF provides investors with access to the growing cybersecurity sector. This means you’ll be owning cybersecurity companies such as Accenture, Cisco, Cloudflare, Fortinet, Okta, Splunk, Zscaler, Crowdstrike. As we have seen in 2022, cybersecurity is becoming increasingly important and a failure to protect data can lead to significant brand damage and financial loss.

VanEck Vectors Video Gaming and eSports ETF (ASX: ESPO)

Another ETF for investors to consider for 2023 is the VanEck Vectors Video Gaming and eSports ETF. This popular ETF gives investors access to a global video game market that is estimated to comprise almost 3 billion active gamers. Among the companies you’ll be investing in are AMD, Electronic Arts, Nintendo, Nvidia, Roblox, and Take-Two. VanEck highlights that these companies are well-placed to benefit from the increasing popularity of video games and eSports.

Vanguard U.S. Total Market Shares Index ETF (ASX: VTS)

A final ETF for investors to consider is the Vanguard Australian US Total Market Shares Index ETF. This ETF provides investors with exposure to some of the largest companies listed in the United States. Vanguard believes it could be a top option for buy and hold investors that are seeking a combination of long-term capital growth, some income, and international diversification. Among the high quality companies that you’ll be buying a slice of are Amazon, Boeing, JP Morgan, Starbucks, and Walmart.

The post 3 fantastic ETFs for ASX investors to buy for 2023 appeared first on The Motley Fool Australia.

(function() {
function setButtonColorDefaults(param, property, defaultValue) {
if( !param || !param.includes(‘#’)) {
var button = document.getElementsByClassName(“pitch-snippet”)[0].getElementsByClassName(“pitch-button”)[0];
button.style[property] = defaultValue;
}
}

setButtonColorDefaults(“#0095C8”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#0095C8”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()

More reading

• 2 ASX ETFs trading ex-dividend next week
• Here are 2 fantastic ETFs for ASX investors in 2023
• I’d aim for $1 million, buying just 10 cheap ASX shares
• These ETFs allow ASX investors to buy thousands of global shares
• Don’t miss these very exciting ASX ETFs in December

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 Cybersecurity ETF. The Motley Fool Australia has positions in and has recommended BetaShares Global Cybersecurity ETF. The Motley Fool Australia has recommended VanEck Vectors Video Gaming And eSports ETF. 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/RQAysVP

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:

Elders Ltd (ASX: ELD)

According to a note out of Macquarie, its analysts have retained their outperform rating and $14.35 price target on this agribusiness company’s shares. Macquarie was pleased to see Elders maintain its double-digit earnings growth target. And while it sees some risks due to wet weather, it remains positive due to its attractive valuation. The Elders share price ended the week at $10.22.

Life360 Inc (ASX: 360)

A note out of Goldman Sachs reveals that its analysts have retained their buy rating and $7.60 price target on this location technology company’s shares. Goldman believes that Life360 had a solid Thanksgiving holiday season, which it feels eases any risk to its FY 2022 guidance. Outside this, the broker notes that the company’s subscription business trades at a discount to global subscription app peers when adjusting for its superior growth outlook. As a result, it sees scope for a re-rating as Life360 demonstrates pricing leverage, improving unit economics, and progresses to cash flow breakeven in FY 2023. The Life360 share price was fetching $5.63 at Friday’s close.

Pilbara Minerals Ltd (ASX: PLS)

Analysts at Morgans have upgraded this lithium miner’s shares to an add rating with a $4.70 price target. According to the note, the broker believes the selloff last week was an over-reaction and created a buying opportunity for investors. While Pilbara Minerals reported a reduction in BMX auction lithium prices month on month, Morgans isn’t concerned. Its analysts suspect that lithium inventories will need to be rebuilt early next year, which will be supportive of prices. The Pilbara Minerals share price ended the week at $4.10.

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

(function() {
function setButtonColorDefaults(param, property, defaultValue) {
if( !param || !param.includes(‘#’)) {
var button = document.getElementsByClassName(“pitch-snippet”)[0].getElementsByClassName(“pitch-button”)[0];
button.style[property] = defaultValue;
}
}

setButtonColorDefaults(“#0095C8”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#0095C8”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()

More reading

• Would you be rich if you’d invested in these ASX shares 10 years ago?
• Here are the 3 most heavily traded ASX 200 shares on Friday
• Brokers name 3 ASX shares to buy today
• Make or break: the one metric I’ll be watching for Pilbara Minerals shares next year
• Pilbara Minerals share price selloff ‘a significant over-reaction’: broker

Motley Fool contributor James Mickleboro has positions in Life360. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Life360. The Motley Fool Australia has recommended Elders. 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/1ApzWL3

All eyes have been on up-and-coming lithium share Core Lithium Ltd (ASX: CXO) this year.

Such popularity has likely helped bolster the company’s valuation. The Core Lithium share price has rocketed 68% year to date to trade at $1.06 as of Friday’s close.

Of course, the $1.9 billion lithium hopeful still has a long way to go before it can catch up to the likes of $12 billion soon-to-be S&P/ASX 50 Index (ASX: XFL) lithium producer Pilbara Minerals Ltd (ASX: PLS).

Still, Core Lithium was trading as superannuation platform Superhero’s most traded ASX share of 2022 – edging ahead of giants Pilbara Minerals, Fortescue Metals Group Limited (ASX: FMG), and BHP Group Ltd (ASX: BHP).

But can the company behind the Northern Territory’s Finniss Lithium Project live up to the hype that’s surrounded it this year? Let’s take a look at what the future holds for Core Lithium shares.

Can Core Lithium shares live up to the hype?

The new year looks like it could be a big one for Core Lithium and its shares.

The company recently announced the official opening of its flagship Finniss Lithium Project. Excitingly, the next major news of the project is expected in just a few short months.

The company has tipped the project’s first spodumene concentrate production to occur in the first half of 2023.

Beyond that, Finniss is said to be one of the most capital efficient lithium productions. Its definitive feasibility study (DFS) estimated it would demand just $89 million of start-up capital expenditure.

It also could have the best logistics chain to market of any Aussie lithium project – being mere kilometres from a power station, gas and rail infrastructure, and an hour’s drive from the Darwin Port.

Additionally, the company has avoided using debt to fund the construction of the project. Thus, its breakeven point could come sooner than other lithium hopefuls’.

Not to mention, around 80% of the project’s expected production over its first four years is already under off-take contracts.

That’s a lot of positives if I do say so myself. However, there’s one potential snag in the company’s seemingly bright prospects.

As with nearly all materials shares, Core Lithium’s future profits will be dependent on the battery-making commodity’s price over the coming years. Thus, whether the ASX 200 lithium favourite can live up to the market’s hype might be out of its hands.

The post Can Core Lithium shares really live up to the hype surrounding them? appeared first on The Motley Fool Australia.

(function() {
function setButtonColorDefaults(param, property, defaultValue) {
if( !param || !param.includes(‘#’)) {
var button = document.getElementsByClassName(“pitch-snippet”)[0].getElementsByClassName(“pitch-button”)[0];
button.style[property] = defaultValue;
}
}

setButtonColorDefaults(“#0095C8”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#0095C8”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()

More reading

• Here are the 3 most heavily traded ASX 200 shares on Friday
• Why is the Core Lithium share price gaining on Friday?
• Why did the Sayona Mining share price dive 7% on Thursday?
• Here are the 3 most heavily traded ASX 200 shares on Thursday
• Why is the Core Lithium share price cratering 8% today?

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 Scott Phillips.

from The Motley Fool Australia https://ift.tt/afmOt1r