Author: therawinformant

Gold Road Resources share price on watch after record gold production
The Gold Road Resources Ltd (ASX: GOR) share price is on watch this morning after the miner announced record gold production during the quarter ended June 2020. Gold Road Resources’s Gruyere mine produced 71,865 ounces of gold during the quarter and remains on track to meet annual guidance.

What does Gold Road Resources do?

Gold Road Resources is a mid-tier Australian gold producer with a mine and exploration projects in the Yamarna Greenstone Belt in Western Australia’s north-eastern Goldfields. Gold Road owns 50% of the Gruyere gold mine, which was developed in a joint venture with Gold Fields Limited. The mine produced its first gold in June 2019 and is forecast to produce an average of 300,000 ounces annually for at least 11 years.

What did Gold Road Resources announce?

Gold Road Resources released its most recent quarterly production report this morning showing Gruyere produced 71,865 ounces of gold during the quarter at an all-in sustaining cost (AISC) of $1,233 per ounce. AISC for 2020 is now expected to fall between $1,150 and $1,250 an ounce, up from previous guidance of $1,100 to $1,200 an ounce. The company made gold sales of 28,700 ounces during the quarter at an average price of $2,498 an ounce.

The Gruyere mine celebrated its first 12 months of gold production on 30 June 2020. In that time the mine has produced 230,590 ounces of gold. This was delivered at an average AISC of $1,155 per ounce attributable to Gold Road Resources. The company ended the June quarter in a strong position with cash and cash equivalents of $109.1 million, giving a net cash and equivalents position of $84.1 million. The company became debt free this month after having repaid its remaining $25 million in debt.

How has Gold Road Resources been performing?

The Gold Road Resources share price is up 41% over 2020 and 139% since its March low. The miner has been helped by the rising gold price, which has gone from $2,200 at the start of 2020 to closer to $2,600 currently.

The company experienced no material production impacts as a result of COVID-19 and is a relatively low cost gold producer. In 2020, Gold Road Resources has provided production guidance of 250,000 to 285,000 ounces of gold.

5 stocks under $5

We hear it over and over from investors, “I wish I had bought Altium or Afterpay when they were first recommended by The Motley Fool. I’d be sitting on a gold mine!” And it’s true.

And while Altium and Afterpay have had a good run, we think these 5 other stocks are screaming buys. And you can buy them now for less than $5 a share!

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Motley Fool contributor Kate O’Brien has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. 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.

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23 July 2020
3 ETFs for simple wealth building
Exchange-traded funds (ETFs) can be a great financial tool to build your wealth with a simple investment plan.

I have a lot of respect for investors that put in a lot of research and can identify market-beating opportunities. But not everyone has the ability, time or patience for investing in individual growth shares.

However, there are ETFs that I think can produce good returns over the long-term for a very reasonable cost. There are some very cheap ETFs like iShares S&P 500 (ASX: IVV) which have performed well. But there plenty of businesses in there that I wouldn’t want exposure to.

I think these three ETFs are good candidates for simple long-term wealth building:

BetaShares NASDAQ 100 ETF (ASX: NDQ)

When you look across the global share market, there are few shares as good as the technology giants on the NASDAQ.

This ETF gives exposure to 100 of the largest businesses on the NASDAQ for an annual management fee of just 0.48% per annum.

I’m sure you’ve heard of many of the NASDAQ’s largest businesses including Apple, Microsoft, Amazon, Facebook, Alphabet, Tesla, Intel, Nvidia and Netflix.

These businesses are doing very well despite the tough COVID-19 conditions. Businesses like Microsoft and Netflix are seeing higher demand for services due to people working at home and consuming more video entertainment at home.

The ETF has performed very strongly for long-term investors. After fees, over the past year it has returned 35.5%, over the past three years it has returned an average of 26.6% per annum and over the past five years it has returned an average of 21.5% per annum.

I am a bit concerned what may happen to the US share market over the next six to nine months. However, the higher Australian dollar compared to the US dollar makes it a bit cheaper to buy US shares at the moment.

BetaShares Global Sustainability Leaders ETF (ASX: ETHI)

Ethical investing is rising in prominence. This ETF now has net assets of $717 million.

Everyone has different ethics when it comes to investing ‘ethically’, but this ETF ticks a lot of the ethical boxes you may want ticked. It invests in businesses which are identified as ‘climate leaders’ and excludes businesses involved in alcohol, junk foods, human rights and supply chain concerns and so on.

But I’m not telling you about this ETF because it’s just ethical. The shares in it are quality and high-performing. It owns around 200 names. The top 10 holdings are: Apple, Mastercard, Nvidia, Visa, Home Depot, Adobe, Paypal, Netflix, Tesla and Toyota.

The annual management fee is just 0.59% per annum. The returns have been very good. Over the past three years it has returned an average of 21.5% per annum.

I think that shows that ethical businesses can do very well for investors.

BetaShares Global Quality Leaders ETF (ASX: QLTY)

This ETF looks to give investors exposure to 150 quality global companies.

These businesses have to rank strongly on a few factors: return on equity, debt to capital, cash flow generation ability and earnings stability.

Most quality businesses should be able to perform well even through recessions like COVID-19.

The management fee for this high quality ETF is just 0.35% per annum, which is cheap for what you get. The top holdings are names like: Nvidia, Accenture, Intuitive Surgical, L’Oreal, Adobe, Apple, Cisco Systems, Alphabet, Unitedhealth and Johnson & Johnson.

Quality businesses have produced good returns. This ETF is still relatively new. Its inception date was November 2019, since then it has returned an average of 19.75% per annum.

Foolish takeaway

I think each of these ASX shares are exciting long-term ideas. They have already proven they’re able to produce strong returns and I think they can do well over the next five years as well. At the current prices I think I’d probably go for the quality ETF, though I’d also be happy to invest in the ethical ETF.

5 stocks under $5

We hear it over and over from investors, “I wish I had bought Altium or Afterpay when they were first recommended by The Motley Fool. I’d be sitting on a gold mine!” And it’s true.

And while Altium and Afterpay have had a good run, we think these 5 other stocks are screaming buys. And you can buy them now for less than $5 a share!

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Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of BETANASDAQ ETF UNITS. The Motley Fool Australia has recommended BETANASDAQ ETF UNITS. 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.

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23 July 2020
3 exciting ASX growth shares to buy and hold
I believe Catapult Group International Ltd (ASX: CAT), FlexiGroup Limited (ASX: FXL) and Nextdc Ltd (ASX: NXT) are 3 exciting ASX growth shares to buy and hold for the long term.

In my view, an investment in these ASX growth shares could lead to substantial returns over the long run.

Catapult Group

Due to its market-leading position in sport technology, I believe this is a company to watch. This week, Catapult advised the market it had achieved positive cash flow a year earlier than forecast, largely driven by its subscription-based business model.

Catapult works with 39 sports worldwide, including teams in the National Basketball Association (NBA), Australian Football League (AFL) and National Football League (NFL). The group provides analytics to help elite sports teams assess their performance. Additionally, with sporting competitions around the world restarting, there could be further upside for this growth share.

In the past year, the Catapult share price has increased by an astonishing 46.9% and is currently trading for $1.66 per share.

FlexiGroup

What I like about FlexiGroup is its differentiated strategy in the buy now, pay later (BNPL) space. Through its humm platform, Flexigroup offers a BNPL option for larger purchases such as IVF and fertility services. It also recently signed well known retailers Temple & Webster, Amart Furniture, Snooze and luxury brand Bally, according to its Q4 2020 retailer update.

The company reported strong online growth in Q4 2020, with ecommerce volumes up 315% and total transactions up 447% on the prior corresponding period (pcp). Additionally, last month the business saw a record number of merchants sign up to instore and online.

With substantial funding from undrawn facilities, I think FlexiGroup has the cashflow flexibility to use the funds to grow its business. It is also one of the few BNPL companies delivering a profit. According to its recent February half year result, it generated a cash profit of $34.5 million, up 8% on pcp.

Despite the Flexigroup share price performance being down 21.02% in the past year, it bounced a staggering 247% from its March low of 40 cents to be trading at $1.39 currently.

In addition, I see great potential for this company because of its diversified product ecosystem. Its product lineup includes credit cards and business financing products, as well as BNPL services.

Nextdc

Successful capital raises and demand for data centres both play a big part in why the Nextdc share price has taken off this past year. Additionally, the company has secured several new contracts in the past year to deliver data centres to customers.

Cloud computing is becoming more a part of our lives and this change has enabled businesses to become more efficient. This shift has been further fuelled by the coronavirus pandemic and the associated increase in remote working arrangements across many sectors. As a result, the need for servers to store all this data could drive strong demand for Nextdc now and well into the future. In my view, the data centre business is a growth industry and an investment today could deliver significant returns to investors.

The Nextdc share price has increased 68.44% in the past year. Despite this phenomenal growth, I believe it could have further to run.

Where to 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 more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes are the five best ASX stocks for investors to buy right now. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now.

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Matthew Donald has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and recommends Catapult Group International Ltd. The Motley Fool Australia has recommended Catapult Group International Ltd and FlexiGroup 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.

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23 July 2020
Why weakness in the CSL share price could be a buying opportunity
The CSL Limited (ASX: CSL) share price has been a disappointing performer on the ASX 200 in recent months.

Recent weakness means the CSL share price is currently trading at $282.42, which is approximately 18% lower than its 52-week high of $342.75.

Why is the CSL share price out of form?

Investors have been selling CSL’s shares this year amid concerns that the pandemic will have a negative impact on its plasma collections.

The biotherapeutics giant sources the majority of its plasma from the US and European markets, which have been hit hard by the pandemic. This is particularly the case with the US market, which is believed to account for around three-quarters of its plasma supply.

Why does this matter? This is a potential headwind for the CSL Behring business as this plasma is used for immunoglobulin and albumin production. Supply issues could lead to increasing production costs and weigh on margins.

Should you be concerned?

I don’t think investors should be concerned and continue to believe that the pullback in the CSL share price is a buying opportunity.

I don’t believe things are as bad as some fear. Furthermore, I’m confident that any headwinds from plasma collections can be offset by increasing demand for flu vaccines.

One broker that isn’t concerned is Goldman Sachs. This morning the broker retained its buy rating and trimmed its price target slightly to $326.00. This price target implies potential upside of 15% for its shares.

What did Goldman Sachs say?

Goldman notes that the CSL share price has underperformed since April. It feels this is due largely to the aforementioned plasma collection concerns.

However, it has been looking into its collections and believes there is nothing to worry about.

Goldman commented: “Whilst plasma collections are inevitably lower this year, there are several factors which will soften the impact, notably inventory draw-down, regulatory support and, potentially, price.”

“The 8/9-month plasma production cycle means a material disruption is unlikely in either 2H20 or 1H21. Our new monthly plasma supply/demand model suggests that CSL is only likely to incur material supply challenges from 2H21 if collection volumes decline -30% during CY20. At this stage, we forecast -12% yoy in our base case (1Q: -1% yoy; 2Q: -40% yoy; 3Q: -15% yoy; 4Q: -1% yoy),” it explained.

Though, the broker did warn that this is a fluid situation which will need to be monitored closely.

Nevertheless, its “analysis implies a reasonable margin of safety, particularly because some modest softening of demand was likely in 4Q20” and “other operators may choose to manage/ration volume themselves through an abundance of caution.”

In light of this, it continues to believe the CSL share price is in the buy zone right now and I completely agree.

5 stocks under $5

We hear it over and over from investors, “I wish I had bought Altium or Afterpay when they were first recommended by The Motley Fool. I’d be sitting on a gold mine!” And it’s true.

And while Altium and Afterpay have had a good run, we think these 5 other stocks are screaming buys. And you can buy them now for less than $5 a share!

See the 5 stocks

*Extreme Opportunities returns as of June 5th 2020

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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 has no position in any of the stocks mentioned. 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.

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23 July 2020
Intel Just Gave Investors Even More Reason to Worry

(Bloomberg Opinion) — Intel Corp. investors could use some upbeat news about now. They didn’t get it.A month after Apple Inc. announced a plan to switch to its own chips over Intel’s for its Mac PCs and laptops, and just weeks removed from the stunning departure of its top chip architect, Intel has now revealed even more disappointing news: another chip delay.On Thursday, Intel posted better-than-expected second-quarter results, reporting adjusted earnings per share of $1.23 while generating $19.7 billion of revenue in the quarter versus the $18.5 billion estimate. Sales guidance for the current quarter and the full year were also both higher than the average analyst forecasts.While the near-term financial numbers were strong, the big story was Intel saying its future lineup of 7-nanometer chips — a new version of the central processing units it makes that serve as the general-purpose operating brains for desktop and server computers — will be delayed. The company said its CPU chips based on this manufacturing node will be released about six months later than its previous expectations, primarily due to problems with chip yields. On the call, Intel management said the first 7-nanometer desktop CPU is now expected to ship in late 2022. The stock tanked in after-market trading.Intel investors have seen this movie before. The company suffered years of delays in bringing its current 10-nanometer chips to market, which allowed Taiwan Semiconductor Manufacturing Co. to surpass Intel in its semiconductor-making abilities. This in turn enabled Intel’s main competitor, Advanced Micro Devices Inc. — which designs its own semiconductors and pays TSMC to make them — to take market share by offering better-performing and lower-energy consuming chips. Intel’s latest chip will likely prolong that shift in market share. Last month, I wrote about how Apple’s decision to use its own chips may pose a long-term threat to Intel’s server processor lineup. But more importantly, I said the departure of leading chip architect Jim Keller was even more worrisome for Intel’s future because the company needed an experienced hand to guide the final stages of development for its future designs. While we don’t know what exactly led to the 7-nanometer delay, it looks like the worst fears over Intel’s pipeline is now realized. What now? There is one dramatic move Intel can make to right this ship. For all its troubles, the main problem hasn’t been Intel’s ability to design good processors, but in manufacturing them. It ought to follow what the hottest chip companies like AMD and Nvidia Corp. have done, and outsource its manufacturing to the best chip foundry in the world: TSMC. It’s a simple solution that would help get Intel back on track.This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Tae Kim is a Bloomberg Opinion columnist covering technology. He previously covered technology for Barron's, following an earlier career as an equity analyst.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

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23 July 2020
Intel Process Delay Sparks $44 Billion Swing in Chipmaker Values

(Bloomberg) — Intel Corp.’s revelation that a new chip production process suffered another delay sent its stock tumbling, erasing billions of dollars in market valuation and inflating the shares of rivals.Intel fell 10% in postmarket trading, erasing about $25 billion in market cap. The news sent shares of rival Advanced Micro Devices Inc. up 8%, creating more than $5 billion in market value. Taiwan Semiconductor Manufacturing Co.’s American depositary receipts also gained 4%, adding almost $14 billion in market value.Intel had been neck-and-neck in recent weeks with Nvidia Corp. for the title of biggest market capitalization for a U.S. chipmaker. If Thursday’s move holds, the decline would put Nvidia firmly in the lead with a market value of almost $250 billion. Intel had a market cap of about $256 billion before news of the 7-nanometer chip delay.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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23 July 2020
U.S. clears way for drugmakers to share COVID antibody capacity

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23 July 2020
3 exciting small cap ASX shares to watch in FY 2021
I believe there are a good number of shares at the small end of the Australian share market that have the potential to grow into much larger entities in the future.

Three small cap shares which I think ought to be on your watchlist are listed below. Here’s why I think they have very promising futures:

Bigtincan Holdings Ltd (ASX: BTH)

Bigtincan is a fast-growing provider of enterprise mobility software. Its software allows businesses to increase their sales win rates, reduce costs, and improve customer satisfaction. This is achieved through improvements in mobile worker productivity. Demand for Bigtincan’s software has been growing strongly in recent years and this has continued to be the case during the pandemic. As a result, the company advised remains well-placed to deliver on its 30% to 40% organic revenue growth target in FY 2020. I expect more of the same in FY 2021.

Mach7 Technologies Ltd (ASX: M7T)

Mach7 is a medical imaging data management solutions provider which offers software that helps inform diagnosis, reduce care delivery delays and costs, and improve patient outcomes. Its software is being used by healthcare institutions across the world, including in markets such as Hong Kong and Qatar. Demand for its software has been very strong in FY 2020, leading to Mach7 reporting a 158% increase in first half revenue to $9.1 million. Since then the company has announced the acquisition of Client Outlook. The acquisition of this leading provider of enterprise image viewing technology increases Mach7’s total addressable market from US$0.75 billion to US$2.75 billion.

MNF Group Ltd (ASX: MNF)

A final small cap to watch is MNF Group. It specialises in Voice over Internet Protocol (VoIP) technology, which is used to convert analogue audio signals into digital data that can be sent over the internet. Demand for its services has been very strong during the pandemic. This is because as more people work or study from home, the demand for information and connectivity through technology has increased. In fact, demand has been so strong, in April MNF Group was able to reaffirm its full-year guidance for earnings before interest, tax, depreciation and amortisation (EBITDA). It expects EBITDA of between $36 million and $39 million in FY 2020, which represents 32% to 43.4% year on year growth.

5 stocks under $5

We hear it over and over from investors, “I wish I had bought Altium or Afterpay when they were first recommended by The Motley Fool. I’d be sitting on a gold mine!” And it’s true.

And while Altium and Afterpay have had a good run, we think these 5 other stocks are screaming buys. And you can buy them now for less than $5 a share!

See the 5 stocks

*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 and recommends BIGTINCAN FPO. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of MACH7 FPO. The Motley Fool Australia owns shares of and has recommended MNF Group Limited. The Motley Fool Australia has recommended BIGTINCAN FPO and MACH7 FPO. 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.

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23 July 2020
What the budget deficit means for ASX shares like Webjet
Yesterday, the Australian Government announced an $86 billion budget deficit. Just 12 months ago the government was forecasting a $5 billion budget surplus in FY20.

Well, the coronavirus pandemic has hammered ASX shares lower and thrown those plans out of whack.

Let’s unpack Treasurer Josh Frydenberg’s budget update and what it means for your favourite ASX shares in 2020.

What were the key budget takeaways?

To be honest, it makes for some grim reading. The government’s deficit for FY20 is forecast to be $85.8 billion. That’s a big turnaround from a forecast $5 billion surplus in the pre-pandemic world.

Not only that but the FY21 deficit is forecast to grow to $184.5 billion the following year. These are some big numbers that reflect both a slowdown in government revenue (i.e. taxes) and increase in government expenditure.

The unemployment rate is expected to hit 9.25% by Christmas, despite an extension of the JobKeeper program, and Australia’s net debt is forecast to reach $677.1 billion by the end of June 2021, or 35.7% of GDP.

It’s important to note that budget deficits are not necessarily a bad thing. In fact, more government spending and strong fiscal policy can help drive economic growth. There’s been an obsession with surpluses over the last decade or so but budget deficits can actually be good for ASX shares and the economy.

What does all of this mean for ASX shares?

I don’t think there’s much good news for hard-hit industries like travel or hospitality in the budget update. Treasury is forecasting an easing of border restrictions by January but that seems very optimistic. That would be good for travel shares like Webjet Limited (ASX: WEB), but also residential REITs like Stockland Corporation Ltd (ASX: SGP), both of which benefit from immigration. However, that forecast appears at odds with what we’re seeing in the market, so I’d take it with a grain of salt.

I think infrastructure could be one sector that benefits from the current conditions. The pandemic has forced a re-think of working and living arrangements. It’s also given cities a chance to see how impact well-planned infrastructure is for everyday life.

More government infrastructure spending seems like a real possibility to boost economic growth. Multi-billion-dollar government contracts provide: a) big dollars, and b) reliable work for chosen companies.

That could boost economic activity and future-proof our cities, which could in turn help boost ASX infrastructure shares higher. If that’s the case, I’d be watching Transurban Group (ASX: TCL) and Atlas Arteria Group (ASX: ALX) shares in 2020.

In the end, much of the impact of the budget deficit on ASX shares will really come down to how the ballooning government debt will be deployed.

3 “Double Down” Stocks To Ride The Bull Market

Motley Fool resident tech stock expert Dr. Anirban Mahanti has stumbled upon three under-the-radar stock picks he believes could be some of the greatest discoveries of his investing career.

He’s so confident in their future prospects that he has issued “double down” buy alerts on each of these three stocks to members of his Motley Fool Extreme Opportunities stock picking service.

See the Double Down Stocks

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Motley Fool contributor Ken Hall has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Webjet Ltd. The Motley Fool Australia owns shares of Transurban Group. 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.

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23 July 2020
Buy NAB and this ASX dividend share for income
If you are looking to add some dividend shares into your portfolio, then you might want to consider the two listed below.

Both of these ASX dividend shares offer generous yields which smash the interest rates currently being offered on savings accounts and term deposits. Here’s why I like them:

Dicker Data Ltd (ASX: DDR)

The first dividend share I would buy is this wholesale distributor of computer hardware and software. Dicker Data has consistently grown its dividend at a solid rate over the last few years and this trend will continue in FY 2020. During the first half, Dicker Data continued to experience strong demand for its offering. So much so, its half year revenue broke through the $1 billion level for the first time. As a result of this, the company advised that it plans to increase its dividend by 31% to 35.5 cents per share this year. Based on the current Dicker Data share price, this represents an attractive fully franked 4.7% dividend yield.

National Australia Bank Ltd (ASX: NAB)

If you don’t have exposure to the banking sector, then I think NAB could be worth considering. The banking sector has come under significant pressure this year due to the impact of the pandemic and the spike in bad debts that this is likely to cause. While a decline in the NAB share price was appropriate, I think the selling has been overdone and has left the banking giant’s shares trading at a very attractive level. Especially for income investors on the lookout for a source of income. Based on the latest NAB share price, I estimate that the bank’s shares currently offer investors a generous fully franked ~5% FY 2021 dividend yield. This is significantly better than the interest rates you’ll get on its savings accounts and term deposits.

Where to 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 more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes are the five best ASX stocks for investors to buy right now. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now.

See The 5 Stocks

*Returns as of June 30th

More reading
Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Dicker Data 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 Buy NAB and this ASX dividend share for income appeared first on Motley Fool Australia.

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23 July 2020