Category: Stock Market

While the interest rates on offer with term deposits are improving, they still don’t compare to the potential returns on offer in the share market.

For example, the three ASX shares below offer attractive yields and the potential for strong capital gains.

Here are the three options to consider:

ANZ Group Holdings Ltd (ASX: ANZ)

This banking giant’s shares could be far better than its term deposits. In fact, the yield on offer with its shares could be among the biggest in the ASX 200 in FY 2023 if Citi’s forecasts prove accurate. The broker is forecasting a $1.66 per share fully franked dividend this year, which represents a yield of almost 7.4%.

The broker also sees huge upside potential for its shares with its buy rating and $29.25 price target.

Macquarie Group Ltd (ASX: MQG)

If you’re not keen on the big four banks then Macquarie could be another great alternative to term deposits. This is due to Macquarie being arguably one of the highest quality companies in the country with a very positive long term outlook. This is underpinned by the quality and diversity of its operations and its talented management team.

Morgans is very positive and has a $222.80 price target on its shares. It is also forecasting a 4.7% dividend yield in FY 2023.

Telstra Group Ltd (ASX: TLS)

Telstra could be a good option for income investors. Although times have been hard for the telco giant, things are improving rapidly now. Especially given easing competitive pressures, the arrival of 5G, and its new T25 strategy. The latter replaces the highly successful T22 strategy and has a focus on sustainable growth.

Goldman Sachs currently has a buy rating and $4.60 price target on its shares. It is also expecting a 4.1% fully franked dividend yield this year.

The post Forget term deposits and buy these ASX 200 dividend shares: analysts appeared first on The Motley Fool Australia.

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More reading

• Where I would go hunting for defensive ASX 200 shares with upside
• Why I’d be happy to invest in these ASX 200 bank shares today
• These ETFs could be top options for buy and hold investors
• Buy Macquarie and this high yield ASX dividend share: brokers
• 2 ASX 200 bank shares to buy after the selloff: experts

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 Macquarie Group and Telstra Group. 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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Market watchers might be considering investing in Fortescue Metals Group Ltd (ASX: FMG) after the recent tumble in its share price. The stock has dropped more than 10% from its year-to-date high, reached in February.

Right now, the Fortescue share price is $20.96. Does that make the S&P/ASX 200 Index (ASX: XJO) iron ore giant a buy? Let’s take a look.

Are Fortescue shares a buy at their current price?

Expert opinions on the stock’s future are mixed. That’s probably at least partly due to expectations for the price of iron ore, which currently sits at around US$132 a tonne. The company’s profits are closely tied to the commodity’s value.

CommSec, for one, is slightly bearish on iron ore after its recent rally. It tips the commodity’s value to fall to US$100 a tonne this year, my Fool colleague Bronwyn reported last month.

Meanwhile, Goldman Sachs expects the iron ore price to reach US$150 a tonne in coming months before falling to US$120 a tonne for 2023. However, that bullish forecast isn’t reflected in the broker’s outlook for Fortescue.

It predicts the iron ore giant’s stock will tumble 27% to $15.50, alongside its dividends.

It believes Fortescue’s valuation is higher than those of ASX 200 peers BHP Group Ltd (ASX: BHP) and Rio Tinto Ltd (ASX: RIO). It’s also wary of the company’s green energy leg Fortescue Future Industries and its multi-billion-dollar Pilbara decarbonisation strategy.

But not all are so sceptical. Fairmont Equities’ Micheal Gable labels the stock a hold, saying as per The Bull:

Recently, [Fortescue] enjoyed solid buying support and we believe the technical chart continues to look bullish.

I also think it’s worth considering Fortescue’s green energy ambitions. The company is aiming to be a leader in the hydrogen and battery space, as my colleague Tristan recently outlined. No doubt the green energy sector houses mountains of potential.

However, in my opinion, the current Fortescue share price doesn’t represent good value.

The post Is the Fortescue share price a buy at $21? appeared first on The Motley Fool Australia.

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More reading

• How to generate $10,000 of passive income from Fortescue shares
• Is it time to buy ASX 200 iron ore shares right now?
• Fortescue share price marching higher as green hydrogen plans heat up
• Are Fortescue shares back on the menu amid job cuts?
• Could buying Fortescue shares at under $22 make me rich?

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 positions in and has recommended Goldman Sachs Group. 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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Want to create a secondary source of income to potentially retire off? Well, ASX shares are a great place to start. Many shares pay their ASX investors dividends. Dividends are passive income in the truest sense, arriving in your bank account whether you are young or old, sick or healthy, working or retired.

But creating an income stream that pays you $500 every month is no easy feat. So let’s talk about how ASX shares can get you there. 

Here’s how ASX dividends can give you a second income

So let’s start with the basics. $500 a month equates to an annual income of $6,000.

That means to hit $6,000 in annual dividend income, one will need $100,000 invested in an ASX share paying a 6% dividend yield. Or else $200,000 in an ASX share yielding 3% (and so on).

Luckily, most ASX 200 shares fit this bill, coming in somewhere between those metrics. In fact, one of the oldest index funds on the ASX gives us a good indication. Index funds are investments that reflect the broad performance of a share market.

Here in Australia, the S&P/ASX 200 Index (ASX: XJO) is typically used as a benchmark. The ASX 200 contains the 200 largest companies listed in Australia, ordered and weighted by market capitalisation (or sheer size).

The SPDR S&P/ASX 200 Fund (ASX: STW) is one of the oldest index funds on our share market. This exchange-traded fund (ETF) holds all 200 shares in the ASX 200 Index.

Since its inception in 2001, this ETF has returned an average of 7.86% per annum. That 7.86% can be broken down into 3.19% per annum in capital gains, and 4.67% per annum in dividend income.

If that average holds, you would need approximately $129,000 invested into this index fund if you wish to receive $6,000 in dividend income every year ($500 a month).

That might sound like a lot of money (and it is). But If you invested $500 a month every month, and reinvested your dividends, you would get to $129,000 in just under 13 years. If you doubled that to $1,000 a month, you would hit $129,000 in just under eight years. This is why ASX investors say you have to spend money to make money.

So achieving a sustainable secondary income from ASX shares is very doable. You just need time, discipline and regular investments.

The post ASX investors: How to create $500 in income each month for retirement appeared first on The Motley Fool Australia.

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More reading

• Where I would go hunting for defensive ASX 200 shares with upside
• AMP share price dips despite $337m sale win
• Why I’d be happy to invest in these ASX 200 bank shares today
• 5 things to watch on the ASX 200 on Monday
• $400 in monthly passive income, buy 8,728 shares of this ASX 200 stock

Motley Fool contributor Sebastian Bowen 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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The Australian share market typically provides investors with an average dividend yield of 4%. However, income investors don’t have to settle for that. Not when there are ASX shares offering vastly superior yields.

Here are two ASX shares with big forecast yields and bigger upside potential:

Charter Hall Retail REIT (ASX: CQR)

The first ASX share to consider for dividends is the Charter Hall Retail REIT. It is a supermarket anchored neighbourhood and sub-regional shopping centre markets-focused property company.

Citi is positive on the company due to its “defensive net property income growth.”

The broker expects this to underpin dividends of 26 cents per share in both FY 2023 and FY 2024. Based on the current Charter Hall Retail REIT share price of $3.79, this will mean yields of almost 6.9% for both years.

Citi also sees plenty of upside for its shares with its buy rating and $4.50 price target.

Universal Store Holdings Ltd (ASX: UNI)

Another ASX share that has been tipped as a buy is youth fashion retailer Universal Store.

Goldman Sachs is feeling very positive about the company’s outlook. This is thanks to its expansion plans and exposure to younger consumers.

The latter are expected to be less impacted by higher interest rates and continue spending largely as normal. In fact, they could even spend more thanks to an increase to the minimum wage.

Goldman expects the company to be in a position to pay fully franked dividends of 27 cents in FY 2023 and then 34 cents in FY 2024. Based on the latest Universal Store share price of $4.90, this equates to yields of 5.5% and 6.9%, respectively.

Goldman has a buy rating and $8.05 price target on its shares.

The post Dividends: Why analysts rate these ASX shares highly appeared first on The Motley Fool Australia.

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More reading

• This All Ords ASX share could pay a 10% dividend yield in 2025
• 7 ASX shares flying under the radar to buy now: Goldman Sachs
• Buy these ASX dividend shares with big yields today: experts
• Buy these ASX dividend shares before it’s too late: brokers
• Top ASX small-cap shares to buy in March 2023

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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UBS Group is set to acquire its embattled former rival, Credit Suisse.

The writing was on the wall last week.

Today, it looks to be a done deal.

What’s happening with UBS and Credit Suisse?

As you’re likely aware, Credit Suisse, formerly Switzerland’s second largest bank, suffered serious liquidity issues last week.

The Swiss bank was already on shaky ground when a series of banking collapses in the United States, led by SVB Financial Group (NASDAQ: SIVB), roiled the global banking sector.

Suffering from “significant deposit and net asset outflows”, the Credit Suisse share price plunged, and trading was halted.

Now, in a deal backed by the Swiss government and Swiss National Bank in an effort to contain the crisis, UBS will acquire Credit Suisse for an all-stock transaction valued at approximately CHF3 billion (AU$4.8 billion).

Credit Suisse shareholders will get one UBS share for every 22.48 Credit Suisse shares they own, or 0.76 francs per share. That’s down a gut-wrenching 99% from where the bank was trading in mid-2007.

The Swiss government has waived the standard requirement to get shareholder approval for the deal to move forward.

Looking ahead

On completion of the deal, expected before the end of the calendar year, the combined entities will manage some US$5 trillion of invested assets.

“This acquisition is attractive for UBS shareholders, but let us be clear, as far as Credit Suisse is concerned, this is an emergency rescue,” UBS chairman Colm Kelleher said (quoted by Bloomberg).

UBS plans to do some hefty cost-cutting to ensure the viability of the combined businesses moving forward.

“Let me be very specific on this: UBS intends to downsize Credit Suisse’s investment banking business and align it with our conservative risk culture,” Kelleher added.

While shareholders will get at least some of their money back, bondholders won’t be so lucky, with roughly CHF16 billion of Credit Suisse bonds set to lose all value.

The post UBS to acquire Credit Suisse. Here’s what you need to know appeared first on The Motley Fool Australia.

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More reading

• Another day, another bank in trouble
• The CBA share price is on a rollercoaster today. Is Credit Suisse to blame?
• ASX 200 oil stocks are tanking. Is now the time to buy?
• ASX 200 bank shares are deep in the red on Thursday. Here’s why
• Investing in ASX 200 shares? Here’s what to expect from the US Fed next week

SVB Financial provides credit and banking services to The Motley Fool. Motley Fool contributor Bernd Struben 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 SVB Financial. The Motley Fool Australia has recommended SVB Financial. 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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With so many shares to choose from on the ASX, it can be hard to decide which ones to buy. The good news is that brokers across the country are doing a lot of the hard work for you.

Three top ASX shares that leading brokers have named as buys this week are listed below. Here’s why they are bullish on them:

AGL Energy Limited (ASX: AGL)

According to a note out of Macquarie, its analysts have resumed coverage on this energy company’s shares with an outperform rating and $8.31 price target. The broker believes that AGL’s shares are materially undervalued at the current level. Particularly given the company’s positive exposure to higher electricity prices. The AGL share price is trading at $7.10 this afternoon.

Allkem Ltd (ASX: AKE)

A note out of Goldman Sachs reveals that its analysts have retained their buy rating and $15.40 price target on this lithium miner’s shares. Although spot lithium prices continue to weaken, Goldman holds firm with its buy rating. That’s because it believes Allkem’s production growth and downstream optionality will offset this and underpin strong earnings in the coming years. The Allkem share price is fetching $10.26 at the time of writing.

Life360 Inc (ASX: 360)

Another note out of Goldman Sachs reveals that its analysts have retained their buy rating and $7.85 price target on this location technology company’s shares. This follows the release of a full-year result which ticked all the boxes for the broker. Outside this, the broker believes the market is underappreciating the company’s significant earnings growth potential. The Life360 share price is trading at $4.76 on Monday afternoon.

The post Leading brokers name 3 ASX shares to buy today appeared first on The Motley Fool Australia.

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More reading

• Should I buy AGL shares at under $7 each?
• 5 things to watch on the ASX 200 on Monday
• Life360 share price higher on 100% revenue surge
• 3 ASX All Ords tech shares rebounding strongly from the SVB fallout (and 2 still tumbling)
• Top brokers name 3 ASX shares to buy today

Motley Fool contributor James Mickleboro has positions in Allkem and Life360. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Life360. 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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The S&P/ASX 200 Index (ASX: XJO) and the Australian share market have had a very rough few weeks, as most investors would be painfully aware. Over the past month or so, the ASX 200 has lost a nasty 5.4% of its value. That’s erased almost all of what were the pleasing gains of 2023 so far.

Many ASX 200 shares have done even worse. BHP Group Ltd (ASX: BHP) is down close to 10% over the past month. While ANZ Group Holdings Ltd (ASX: ANZ) shares have lost almost 8%.

With interest rates continuing to rise, not to mention northern hemisphere banks collapsing, it certainly has been a tenuous time for investors of late.

Considering all of this uncertainty in the air, we might have some investors that are keen to find some defensive ASX 200 shares.

Defensive shares can be defined as those whose earnings are non-cyclical, and more resistant than most to crises, inflation, recessions, or economic or financial shocks.

They are typically found in the healthcare, consumer staples, or gold sectors. So hospital titan Ramsay Health Care Limited (ASX: RHC), supermarket kingpin Woolworths Group Ltd (ASX: WOW), or gold mining giant Newcrest Mining Ltd (ASX: NCM) could all be described as defensive shares.

These are the kinds of companies that tend to weather recessions and other economic shocks. We all need to visit the hospital and buy food and household essentials, regardless of the economic weather. And gold, as the classic safe haven asset, tends to benefit from poor economic conditions. As we’ve dramatically seen over the past week or two.

But how do you find defensive ASX 200 shares with decent upside?

Well, one of the first things to note is that buying defensive shares when they are hot and in demand probably isn’t the best way to grab yourself a winner. The old adage of ‘fixing the roof when the sun is shining’ is appropriate here.

For example, Newcrest Mining shares have rocketed more than 6% today, and by more than 9% over the past month. This reflects the surge in gold prices that we’ve recently seen:

Buying any ASX 200 share that is in vogue for a temporary reason can be a poor decision, akin to ‘following the crowd’. In this case, buying a gold miner when gold was trading at historic lows might be a more prudent long-term investment. 

But that doesn’t mean all defensive shares are best avoided during times of turmoil. Stock market crashes, and other confidence crises, can often result in the proverbial baby getting thrown out with the bathwater. For example, Ramsay Heath Care shares fell more than 36% back in the COVID crash of 2020.

That was despite its hospitals remaining open and in high demand (for obvious reasons). Investors were quick to realise their mistake, and Ramsay shares swiftly recovered. The company gained 37% between 20 March and 29 May 2020:

We saw something similar, albeit less dramatic, with Woolworths over that same period.

Finding defensive shares at a share price that can give you upside requires both an understanding of how that business operates, and what price will get you good value. Often the best time to buy them is when no one else wants to.

So don’t make the mistake of following the crowd into a defensive share. A company’s underlying business might be defensive. But that doesn’t make its share price immune from falling.

The post Where I would go hunting for defensive ASX 200 shares with upside appeared first on The Motley Fool Australia.

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More reading

• ASX 200 gold shares are starting the week with a bang. Here’s why
• AMP share price dips despite $337m sale win
• Why I’d be happy to invest in these ASX 200 bank shares today
• 5 things to watch on the ASX 200 on Monday
• Top brokers name 3 ASX shares to buy next week

Motley Fool contributor Sebastian Bowen has positions in Newcrest Mining and Ramsay Health Care. 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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The last five years have been a wild ride for those invested in Wesfarmers Ltd (ASX: WES) shares.

The stock rocketed from around $30 in March 2018 (accounting for the spin-out of Coles Group Ltd (ASX: COL)) to a high of over $66 in August 2021. Today, it’s trading at $48.44 – marking a 61.5% return.

But what happens when we factor in the company’s dividends? Let’s take a look.

All dividends paid to those holding Wesfarmers shares since 2018

Here are all the offerings handed to the S&P/ASX 200 Index (ASX: XJO) retail conglomerate’s shareholders over the last five years:

Wesfarmers dividends’ pay date	Type	Dividend amount
October 2022	Final	$1
March 2022	Interim	80 cents
October 2021	Final	90 cents
March 2021	Interim	88 cents
October 2020	Final	77 cents
October 2020	Special	18 cents
March 2020	Interim	75 cents
October 2019	Final	78 cents
April 2019	Interim	$1
April 2019	Special	$1
September 2018	Final	$1.20
April 2018	Interim	$1.03
Total:		$10.29

As readers can see, each Wesfarmers share has yielded around $10.29 of dividends since March 2018.

That means our figurative parcel has likely provided $1,708.14 of passive income in that time.

Of course, it’s also worth remembering the spin-out of Coles Group Ltd (ASX: COL) in late 2018. Wesfarmers shareholders received 1 Coles share for each stock in the parent company they held. The Coles share price is currently $17.59.

Not to mention, all the dividends offered by the ASX 200 icon in that time have been fully franked. That means they could have brought additional benefits at tax time.

Wesfarmers shares currently boast a 3.72% dividend yield.

Excitingly, the company’s next dividend will be paid in a little over a week. Its 88 cents per share interim dividend will hit shareholders’ accounts from 28 March.

The post Invested $5,000 in Wesfarmers shares 5 years ago? Here’s how much passive income you’ve earned appeared first on The Motley Fool Australia.

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More reading

• Here’s how much I’d need to invest in Wesfarmers shares to generate a $150 monthly income
• Morgans names the best ASX dividend shares to buy now
• How much would I need to invest in ASX income shares to earn $500 a month?
• 2 ASX passive income stocks for the next 10 years and beyond
• Is right now the time to buy Wesfarmers shares for passive income?

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 positions in and has recommended Coles Group and Wesfarmers. 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 S&P/ASX 200 Index (ASX: XJO) has started the week deep in the red. At the time of writing, the benchmark index is down 0.7% to 6,945.3 points.

Four ASX shares that are not letting that hold them back today are listed below. Here’s why they are rising:

Breaker Resources NL (ASX: BRB)

The Breaker Resources share price is up 31% to 38 cents. This follows news that the gold developer has accepted a takeover approach from Ramelius Resources Ltd (ASX: RMS). In the absence of a superior proposal, management and two major shareholders intend to accept the all-scrip offer which has an implied value of 40 cents per share.

Healius Ltd (ASX: HLS)

The Healius share price is up over 9% to $3.04. This morning, this healthcare company received a takeover approach from smaller rival Australian Clinical Labs Ltd (ASX: ACL). And while the offer is not at a premium, Australian Clinical Labs expects to create significant value for shareholders by merging the two companies.

Northern Star Resources Ltd (ASX: NST)

The Northern Star share price is up 8% to $11.75. Investors have been piling into gold miners today after the spot gold price closed in on the US$2,000 an ounce mark. This has been driven by demand for safe haven assets and optimism that the US Federal Reserve won’t raise rates as much as previously expected due to the banking crisis.

Tietto Minerals Ltd (ASX: TIE)

The Tietto Minerals share price is up 12.5% to 63 cents. As well as getting a lift from a rising gold price, this gold miner made a positive announcement. Tietto revealed that it has completed process plant commissioning at its 100%-owned 4.5Mtpa Abujar Gold Mine in the Ivory Coast. Abujar is expected to deliver gold production averaging ~200,000 ounces per year over the first six years of production at a weighted average all in site cost (AISC) of ~US$800/oz.

The post Why Breaker, Healius, Northern Star, and Tietto Minerals shares are charging higher appeared first on The Motley Fool Australia.

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More reading

• Why is this ASX gold share rocketing 36% higher today?
• ASX 200 gold shares are starting the week with a bang. Here’s why
• Why this ASX All Ords healthcare share is defying the market weakness and zooming higher
• Healius share price jumps 7% on takeover approach from smaller rival
• 5 things to watch on the ASX 200 on Monday

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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Want $1,000 of monthly passive income? Yes please! I believe that by consistently investing in ASX dividend shares and making the most of compounding, I could cut back on my nine-to-five without sacrificing my financial well-being.

Here’s how I would build an ASX portfolio capable of providing $1,000 of passive income each month, starting today.

How I’d build $1,000 of monthly passive income

Imagine receiving a consistent income while enjoying hobbies, holidaying, or even sleeping. It might sound like a dream, but I think I could make it a reality by investing strategically in ASX dividend shares over the coming years.

Indeed, by investing $150 a week – around $7,800 annually – I think I could be bringing in $1,000 a month in less than two decades. And that’s before considering capital gains or franking credits.

Let’s assume I invested $150 a week in stocks capable of paying a generous (but not outlandish) average dividend yield of 6.5% and reinvested any and all dividends I received.

By doing so, I could boast a portfolio worth more than $209,000 in 16 years. Meanwhile, I would have forked out just $125,000 – that’s the power of compounding!

At that point, my ASX dividend shares could bring in $13,585 each year – or around $1,132 a month.

How I’d find ASX dividend shares to buy

But which stocks I choose to invest in could make or break my passive income investing strategy.

While buying the highest-yielding shares might seem like the best way to grow dividend income, I think the sustainability of a company’s payouts is far more important.

My passive income plan relies on long-term growth. Therefore, I’d look for shares with a strong balance sheet and a history of paying consistent dividends.

And I’d look for them in a variety of shapes, sizes, and sectors. That’s because one of the best ways to protect a portfolio over the long term is to diversify.

Finally, and perhaps most importantly, I would look for quality ASX dividend shares trading at good prices.

By buying in at a good price, I believe I could start my investment off on the right foot and potentially kickstart my returns.

However, even the most considered investment isn’t guaranteed to provide returns, and past performance doesn’t indicate future performance.

The post Passive income investing: I’d buy ASX dividends shares to make $1,000 a month without working appeared first on The Motley Fool Australia.

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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.

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