Stock Pick

  • Qualcomm pushes 5G tech into chips for cheaper phones

    Qualcomm pushes 5G tech into chips for cheaper phonesSan Diego-based Qualcomm is the biggest supplier of processors for smartphones and the modem chips that connect the phones to wireless data networks. The company’s chips featuring fifth-generation (5G) cellular telecommunications technology are currently in many premium-priced smartphones such as Samsung Electronics Co Ltd’s Galaxy devices.

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  • Looking to diversify your portfolio? Try these ASX ETFs

    businessman holding world globe in one hand, international investment, asx shares

    If you’re looking for a way to diversify your portfolio to offer some protection from market shocks and optimise your returns, then I think the two exchange traded funds (ETFs) listed below could be worth considering.

    As well as giving investors exposure to a wide range of shares in different markets and industries, I believe these ETFs also have the potential to provide strong returns for investors in the future. They are as follows:

    BetaShares NASDAQ 100 ETF (ASX: NDQ)

    If you were to buy only one ETF, I would make it the BetaShares NASDAQ 100 ETF. This is because this ETF gives investors access to the 100 shares that are trading on the famous NASDAQ 100 index. These include countless household names such as Amazon, Facebook, Microsoft, and Netflix.

    One area of the market which is not represented on the index is the financial sector. This could make it a good option for investors that have a high weighting towards shares such as Australia and New Zealand Banking GrpLtd (ASX: ANZ) and the big four banks.

    iShares Global Healthcare ETF (ASX: IXJ)

    Another ETF to consider buying is the iShares Global Healthcare ETF. If your portfolio is lacking exposure to the healthcare sector, then I think this ETF would be a good way to do it. As well as giving investors access to Australian healthcare shares such as CSL Ltd (ASX: CSL), Ramsay Health Care Limited (ASX: RHC), and Sonic Healthcare Limited (ASX: SHL), it provides exposure to many global healthcare giants.

    This includes the likes of Johnson & Johnson, Novartis, Pfizer, Roche, and Sanofi. And given the positive outlook for the healthcare sector over the next couple of decades due to ageing populations and increased chronic disease, I believe it could provide strong returns for investors over the long term.

    And here are more top shares which could provide strong long term returns…

    5 ASX stocks under $5

    One trick to potentially generating life-changing wealth from the stock market is to buy early-stage growth companies when their share prices still look dirt cheap.

    Motley Fool’s resident tech stock expert Dr. Anirban Mahanti has identified 5 stocks he thinks are screaming buys. And you can buy them now for less than $5 a share!

    Learn More

    *Extreme Opportunities returns as of June 5th 2020

    More reading

    James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of CSL Ltd. The Motley Fool Australia owns shares of and has recommended BETANASDAQ ETF UNITS. The Motley Fool Australia has recommended Ramsay Health Care Limited and Sonic Healthcare Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

    The post Looking to diversify your portfolio? Try these ASX ETFs appeared first on Motley Fool Australia.

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  • Apple’s Diversity Chief Leaves as Companies Vow to Tackle Racism

    Apple's Diversity Chief Leaves as Companies Vow to Tackle Racism(Bloomberg) — Apple Inc.’s head of diversity and inclusion Christie Smith is leaving the iPhone company, according to people familiar with the matter.Last week, Chief Executive Officer Tim Cook said Apple is launching a $100 million Racial Equity and Justice Initiative, adding to the company’s response to the police killing of George Floyd last month. Earlier this month, Cook wrote in a letter to employees and customers that society needs to do more to push equality, particularly for Black people.“To create change, we have to reexamine our own views and actions in light of a pain that is deeply felt but too often ignored. Issues of human dignity will not abide standing on the sidelines,” Cook wrote in the letter.Smith joined Apple in 2017 after 16 years at consultancy Deloitte. Unlike her predecessor, who reported directly to the CEO, Smith reported to Apple’s Senior Vice President of Retail and People Deirdre O’Brien.“Inclusion and diversity are core Apple values and we deeply believe the most diverse teams are the most innovative teams,” Apple said in an emailed statement confirming the news. “Christie Smith will be leaving Apple to spend more time with her family and we wish her well. Our Inclusion and Diversity team continues to report directly to Deirdre O’Brien on the Executive Team.”Apple said the move was planned two months ago, though a person familiar with the matter said Smith’s last day was Tuesday.Read more: A Black Money Manager Speaks Out on Workplace Race ConversationsThe Cupertino, California-based company has made little progress in increasing the diversity among its overall workforce since it began releasing data in 2014. According to its 2018 diversity report, 67% of global employees were male, down from 70% in 2014. In the U.S., 6% of tech employees were Black in 2018, unchanged from 2014.Apple hasn’t disclosed its most recent diversity numbers yet, but the company has made some headway in recent years increasing diversity among new hires. More than half of new hires in the U.S. in 2018 were Black, Hispanic or from other historically underrepresented groups in tech. Women accounted for 38% of Apple’s workforce under the age of 30, compared to 33% of the its overall staff.(Updates with Apple diversity numbers from seventh paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

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