There are a lot of options for growth investors to choose from on the Australian share market.

But two that could be standouts according to Morgans are named below.

The broker not only thinks they are buys but predicts strong returns from their shares over the next 12 months. They are as follows:

Corporate Travel Management Ltd (ASX: CTD)

The first ASX share that could be a quality option for growth investors is Corporate Travel Management. It is a global leader in business travel management services.

While its performance during the first-half underwhelmed analysts at Morgans, the broker believes it is worth sticking with the company. It explains:

The quantum of the earnings downgrade is clearly disappointing. Given the aggressive pivot in earnings guidance from the AGM last year, the market may take time to rebuild its confidence in the outlook. However, if CTD delivers even close to its five-year strategy, the share price will be materially higher in time. We maintain an Add rating with a new price target.

Morgans has an add rating and $20.65 price target on its shares.

Lovisa Holdings Ltd (ASX: LOV)

Another ASX growth share that has been tipped as a buy by analysts at Morgans is Lovisa. It is a fast fashion jewellery retailer with a rapidly growing international store network.

The broker was impressed with the company’s performance during the first half, noting that its result came in ahead of expectations. But while that was strong, Morgans thinks investors should be focusing less on the near term and more on its long-term growth potential. It said:

The 1H24 result surpassed expectations, mainly due to strong gross margins, which were supported by favourable changes to the price architecture. We have increased our EBIT estimate for the current year by 4%, but, for us, it’s not about the near-term. The investor should focus on what this business could develop into in the years ahead. We reiterate our Add rating and increase our target price.

Morgans has an add rating and $35.00 price target on its shares.

The post Broker says these ASX growth shares with very bright futures are top buys appeared first on The Motley Fool Australia.

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More reading

• Here are the top 10 ASX 200 shares today
• The most profound lesson from Lovisa’s results. What could it mean?
• Top brokers name 3 ASX shares to buy next week
• 3 ASX winners from the reporting season (and 2 losers)
• Here are the top 10 ASX 200 shares today

Motley Fool contributor James Mickleboro has positions in Lovisa. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Corporate Travel Management and Lovisa. The Motley Fool Australia has recommended Corporate Travel Management and Lovisa. 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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Are you looking for some new additions to your income portfolio? If you are, then read on.

That’s because listed below are three ASX dividend shares that analysts have named as buys and tipped to offer 5%+ dividend yields in 2024.

Here’s what you need to know about these shares:

BHP Group Ltd (ASX: BHP)

The first ASX dividend share that could be a buy is BHP. It is one of the world’s largest miners with a high-quality portfolio of assets across several commodities and geographies.

Goldman Sachs is positive on the Big Australian. In response to its half-year results, the broker retained its buy rating with a $49.40 price target.

As for income, its analysts are expecting the mining giant to provide investors with attractive dividend yields in the near term.

They are forecasting fully franked dividends of approximately ~$2.19 per share in FY 2024 and then ~$1.94 per share in FY 2025. Based on the current BHP share price of $42.82, this equates to yields of 5.1% and 4.5%, respectively.

Rural Funds Group (ASX: RFF)

Another ASX dividend share that has been named as a buy is Rural Funds.

It is an agricultural property company that leases almond orchards, macadamia orchards, poultry property and infrastructure, vineyards, cattle properties, cropping properties, cattle and water rights.

Bell Potter currently has a buy rating and $2.40 price target on its shares.

In respect to dividends, the broker is forecasting dividends per share of 11.7 cents in both FY 2024 and FY 2025. Based on the current Rural Funds share price of $2.13, this will mean yields of 5.5% in both years for investors.

Stockland Corporation Ltd (ASX: SGP)

Finally, this residential and land lease developer and retail, logistics and office real estate property manager could be a third ASX dividend share to buy right now.

Citi is feeling very positive about the company. So much so, it currently has a buy rating and $5.00 price target on its shares.

As for income, Citi is forecasting dividends per share of 26.2 cents in FY 2024 and 26.6 cents in FY 2025. Based on the Stockland share price of $4.67, this represents dividend yields of 5.6% and 5.7%, respectively.

The post Buy BHP and these ASX dividend shares appeared first on The Motley Fool Australia.

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• 5 things to watch on the ASX 200 on Tuesday
• Why are short sellers shifting into ASX blue chips and out of lithium losers?
• Why Adairs, BHP, Deep Yellow, and Woodside shares are dropping today
• Why these 3 ASX 200 shares grabbed the Motley Fool’s headlines this record-breaking week
• These brave investors are earning a 9% dividend yield on BHP shares! Here’s how

Citigroup is an advertising partner of The Ascent, a Motley Fool company. 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 Goldman Sachs Group. The Motley Fool Australia has positions in and has recommended Rural Funds 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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The Wesfarmers Ltd (ASX: WES) share price has done very well, rising by roughly 30% in the past year. Not many S&P/ASX 200 Index (ASX: XJO) shares have managed that level of strength.

It’s clear that the Wesfarmers share price is a lot higher. Now, without a crystal ball, I don’t know if — or when — stock in the ASX retail conglomerate will ever fall back to its former levels.

And what happens next?

Is the Wesfarmers share price done rising? Or will it ride higher again?

Why I’m confident Wesfarmers’ share price and profit can keep rising

In the long run, rising profit will typically boost a company’s share price.

And there are a number of drivers that can help Wesfarmers keep growing profit.

For starters, the Australian population continues to grow each year, which increases the potential number of customers at stores like Bunnings, Kmart and Officeworks.

Next, the company has a healthy dividend payout ratio, which is the percentage of profit that is paid as a dividend.

In the FY24 first-half result, Wesfarmers reported a dividend payout ratio of 72%. That means it kept more than a quarter of its profit to re-invest in more growth initiatives – it would be appealing if it could continue achieving a return on equity (ROE) of more than 30% (it was 31.4% in HY24) on the additional profit that’s re-invested.

Acquisitions can also boost the company’s profit in the future. For example, it recently acquired Instantscripts and Silk Laser Australia to help boost the scale and diversity of its growing healthcare division.

Finally, I think Bunnings and Kmart are two of the best retailers in the country. In this high cost-of-living environment, I think they’re both capable of winning market share, even if retail sales across Australia are challenged.

Valuation

According to the estimate on Commsec, the Wesfarmers share price is valued at 25x FY26’s estimated earnings. I think that’s a reasonable value for a long-term investment in this great business.

The post The Wesfarmers share price has jumped 30% in a year, is it too late to buy? appeared first on The Motley Fool Australia.

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More reading

• With a spare $500, here’s how I’d start buying ASX shares this March
• Are you investing or gambling?
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• 5 ASX shares to buy for an effortless path to financial freedom
• 3 ASX 200 shares I think could grow to be bigger than BHP one day

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 Wesfarmers. The Motley Fool Australia has positions in and has recommended 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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Berkshire Hathaway (NYSE: BRK.B) leader Warren Buffett is widely regarded to be one of the greatest investors of all time.

It isn’t hard to see why. The Oracle of Omaha’s most recent letter to shareholders reveals that he has delivered an average annual return of 19.8% for Berkshire Hathaway since back in 1965. This is almost double the market return over the same period.

To put that return into context, a single $1,000 investment in 1965 would be worth approximately $35 million today.

As a comparison, the market return would have turned that $1,000 into $280,000. And while this is still a fantastic return, I know which one I would prefer.

In light of the above, it certainly can pay to listen to Buffett’s advice when you’re planning to buy ASX shares.

Especially if you are contemplating buying term deposits instead of ASX shares.

Why invest in ASX shares over term deposits?

Firstly, while ASX shares could be the superior option for most investors, they may not be for everyone.

Term deposits are effectively low-risk loans made to banks in exchange for a fixed interest rate over a certain period of time. They offer a degree of safety, stability, and predictability. This can make them good options if you’re focusing on capital preservation and income.

However, their returns are typically modest and subject to inflation risk. Right now, you’re looking at a return of approximately 4% per annum (before inflation) from a 12-month term deposit. This is a fifth of the return that Buffett has achieved with shares and less than half the market return.

In 2008, Buffett commented on this type of use of capital. He said:

Today people who hold cash equivalents feel comfortable. They shouldn’t. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value. Indeed, the policies that government will follow in its efforts to alleviate the current crisis will probably prove inflationary and therefore accelerate declines in the real value of cash accounts.

How do you invest like Buffett with ASX shares?

Investing like Warren Buffett is easier than you think.

In his most recent letter to shareholders, Buffett provided investors with a simple explanation for how he invests so successfully. This could be used by Aussie investors with ASX shares. He said:

We want to own either all or a portion of businesses that enjoy good economics that are fundamental and enduring.

Overall, although term deposits offer a degree of safety and stability, their returns are typically modest and subject to inflation risk.

For investors seeking higher returns and long-term value, ASX shares arguably represent the superior option. By investing in high-quality companies with strong competitive advantages and long-term growth potential, like Buffett does, investors have the potential to grow their wealth over time.

The post Forget term deposits and listen to Warren Buffett’s advice with ASX shares appeared first on The Motley Fool Australia.

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• How to become a multi-millionaire with ASX shares
• Buffett’s latest thoughts on business, investing and Berkshire
• Here are Warren Buffett’s tips to becoming rich with ASX shares
• No savings in 2024? I’d follow Warren Buffett and start building wealth
• What can ASX investors learn from Warren Buffett’s latest buys and sells?

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 Berkshire Hathaway. The Motley Fool Australia has recommended Berkshire Hathaway. 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 the market doing so well the past few months, you need to have your wits about you if you see any discounted ASX shares.

The reality is that stocks sink because there is good reason for it. The business might be declining or the external environment may be hostile.

To find the occasional gem, you may need a bit of assistance from people who spend all day looking for such treasures.

Here are two cheap shares currently in that position, which experts are tipping for a revival:

New boss could turn this ailing business around

For an investment management firm whose fortunes are tied to the health of the market, the Platinum Asset Management Ltd (ASX: PTM) share price has been poor.

The stock has declined almost 35% since June 2023, and more than 16% so far this year.

Red Leaf Securities chief executive John Athanasiou rates the stock as a buy though.

“The investment manager recently appointed Jeff Peters as managing director, and the company has embarked on a turnaround strategy,” Athanasiou told The Bull.

“An immediate priority is to reduce costs across the business while reviewing existing product offerings and distribution channels.”

For those willing to give this one a go, a juicy 11.4% dividend yield is on offer.

“We believe Platinum Asset Management is primed for a recovery under new management.”

It’s fair to say this is a contrarian play from Athanasiou.

According to broking platform CMC Invest, none of the 12 analysts covering the stock recommend it as a buy.

Cheap shares with huge ‘upside potential’

As a complete contrast, Silk Logistics Holdings Ltd (ASX: SLH) is rated a strong buy by all three analysts — Moelis Australia, Morgans and Shaw & Partners.

But it too is heavily discounted, to the tune of 41% since May.

The shares had a particularly brutal 16.2% drop in one day during reporting season.

Auburn Capital head of wealth management Jabin Hallihan was not at all disturbed by the half-year results.

“This integrated logistics provider generated revenue of $276.5 million in the first half of fiscal year 2024, an increase of 9% on the prior corresponding period.”

The outlook is positive for the logistics provider.

“The company is forecasting revenue growth for the full year,” said Hallihan.

“It has provided revenue guidance of between $540 million and $560 million provided there’s no further adverse changes in economic conditions.”

He added that Silk Logistics was at an advantageous point in its corporate journey.

“The company has completed the acquisition of port logistics business Secon, consolidating its position in the bulk logistics market amid generating a new revenue stream.

“The company is well managed. In my view, Silk Logistics is trading at a substantial discount for a company offering upside potential.”

The post 11% yield? 2 strikingly cheap ASX shares ‘primed for recovery’ appeared first on The Motley Fool Australia.

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Motley Fool contributor Tony Yoo 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 Silk Logistics. The Motley Fool Australia has recommended Silk Logistics. 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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On Monday, the S&P/ASX 200 Index (ASX: XJO) had a day to forget. The benchmark index fell 1.8% to 7,704.2 points.

Will the market be able to bounce back from this on Tuesday? Here are five things to watch:

ASX 200 expected to edge higher

The Australian share market is expected to edge higher on Tuesday following a mixed start to the week on Wall Street. According to the latest SPI futures, the ASX 200 is poised to open the day 4 points higher. In late trade in the United States, the Dow Jones is up 0.2%, the S&P 500 is down 0.15%, and the NASDAQ is 0.3% lower.

ASX 200 shares going ex-dividend

Battery materials miner IGO Ltd (ASX: IGO) and media giant News Corporation (ASX: NWS) shares will be going ex-dividend on Tuesday for their upcoming dividend payments and could trade lower.  IGO is paying a fully franked 11 cents per share dividend to shareholders, whereas News Corp will be paying 10.7 cents per share.

Oil prices rise

ASX 200 energy shares Santos Ltd (ASX: STO) and Karoon Energy Ltd (ASX: KAR) could have a decent session after oil prices rose overnight. According to Bloomberg, the WTI crude oil price is up 0.15% to US$78.13 a barrel and the Brent crude oil price is up 0.4% to US$82.44 a barrel. Traders appear optimistic ahead of the next inflation reading.

Iron ore price sinks

It could be a tough session for BHP Group Ltd (ASX: BHP) and Rio Tinto Ltd (ASX: RIO) shares after the iron ore price sank on Monday. The benchmark iron ore price dropped 6.8% to US$107.35 a tonne. This led to the mining giants’ Wall Street listed shares taking a tumble during overnight trade.

Gold price rises

ASX 200 gold shares Evolution Mining Ltd (ASX: EVN) and Regis Resources Limited (ASX: RRL) could have a good session after the gold price rose again on Monday. According to CNBC, the spot gold price is up 0.1% to US$2,188.2 an ounce. This was driven by increasing rate cut bets.

The post 5 things to watch on the ASX 200 on Tuesday appeared first on The Motley Fool Australia.

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• There’s an ‘opportunity brewing’ with this ASX 200 share

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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ASX-listed exchange-traded funds (ETFs) are a great way to get diversified exposure to businesses with good capital growth potential.

The ASX is known for its appealing dividend yields, which are a result of the typically higher dividend payout ratios and the bonus of franking credits.

However, the global economy is much bigger than the Australian economy, so globally-focused businesses can deliver good earnings growth (and capital growth) over time.

Vaneck Morningstar Wide Moat ETF (ASX: MOAT)

This is one of my favourite ASX-listed ETFs because the investment strategy results in the portfolio being high-quality and supposedly good value.

The focus by the investment team is on quality US companies that Morningstar believes have “sustainable competitive advantages, or wide economic moats”. That boils down to owning businesses that not only have moats, but in the analysts’ eyes are almost certainly going to endure over the next decade and more.

The MOAT ETF only invests in companies that are trading at an attractive price compared to Morningstar’s estimate of fair value.

Since it started in June 2015, it has achieved an average return per annum of 16%, though past performance is not a guarantee of future returns.

Vanguard All-World ex-US Shares Index ETF (ASX: VEU)

I like Vanguard’s efforts to reduce investment costs for investors as much as possible. It has an annual management fee of just 0.08%.

This particular ASX-listed ETF invests in the global share market outside of the US.

There are very good companies outside of the US and Australia that are worth investing in, such as Taiwan Semiconductor Manufacturing, Novo Nordisk, ASML, Nestle, Samsung, Tencent, Novartis, Roche and LVMH. Those are many of the top 10 holdings.

The ASX-ETF has a total of approximately 3,700 holdings, which is an enormous amount of diversification.

The VEU ETF hasn’t been the strongest performer, but it gives investors very cheap exposure to a number of markets, namely in Europe and Asia. For investors with Australia and US-focused portfolios, this could be a useful way to get more diversification.

As a bonus, it comes with a decent dividend yield of 3%.

The post 2 excellent ASX ETFs I’d buy right now appeared first on The Motley Fool Australia.

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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 ASML, Taiwan Semiconductor Manufacturing, and Tencent. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Nestlé, Novo Nordisk, and Roche Ag. The Motley Fool Australia has recommended ASML and VanEck Morningstar Wide Moat 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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Santos Ltd (ASX: STO) shares have dropped in the last few weeks, falling 7% since the end of January. This follows the breakdown in merger talks between Santos and Woodside Energy Group Ltd (ASX: WDS).

But one fund manager is excited by the energy company‘s potential.

Why Santos shares are attractive

The fund manager L1 pointed out that Santos was continuing to review options to unlock shareholder value.

According to L1, Santos’ asset base was “materially undervalued by the market”. The fund manager believed the company had “attractive structural options” to unlock this value, regardless of a transaction needing to occur with a third party.

One of the positives for Santos is that it continues to make “material progress” on its key growth initiatives, with the Barossa project nearly 70% complete and on track for first production in 2025, while the Pikka project is nearly 40% complete.

L1 said:

We anticipate that Santos will have one of the most attractive cash flow profiles globally in the sector in 2026 when both major projects have been completed.

Valuation

Currently, the forecast for Santos shares on Commsec is that it could make earnings per share (EPS) of 58.7 cents in FY24 and 74.8 cents in FY26. That would put the Santos share price at 12x FY24’s estimated earnings and under 10x FY26’s estimated earnings.

If it does generate that sort of profit, the company is forecast to pay a dividend yield of 5.5% in FY26. In FY24, it could pay a dividend yield of 4.3%.

The dividends are currently unfranked, meaning no franking credits are attached.

Broader market comments

Talking about the overall market, L1 said:

We expect global markets to oscillate based on future economic data updates as Central Banks attempt to navigate ‘soft landing’ outcomes. Ongoing geopolitical tensions, war in the Middle East and potential impacts from events such as the US elections provide an additional layer of uncertainty.

Against this backdrop, recent equity market performance has been driven primarily by a narrow group of technology/AI stocks.

The fund manager said it saw equity markets as being “relatively fully priced overall”.

… but within that we see numerous compelling opportunities in low P/E, highly cash generative companies, along with select opportunities on the short side, particularly in some expensive growth stocks with overly optimistic market expectations.

The post Why Santos shares may be ‘one of the most attractive globally’ appeared first on The Motley Fool Australia.

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• Why Nanosonics, NIB, Santos, and TPG shares are falling 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 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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I’ve noticed in recent times that there’s a particular stock that nosedived during reporting season, but many experts are still backing it.

So that might mean that a golden opportunity has opened up to buy some cheap ASX shares.

MA Financial Group Ltd (ASX: MAF) provides a wide range of financial services such as asset management, corporate advisory, and lending.

The share price, unfortunately, dived more than 20% on the day that its full-year results were revealed last month.

The stock still remains well below what it was most summer.

Let’s explore what’s going on here:

Spending money now to make money later

Glenmore portfolio manager Robert Gregory explained that the 2023 financial year numbers were about 8% below market expectations.

“FY23 EBITDA was $81.6 million (down -24%), whilst NPAT was $41.6 million (down -32%),” he said in a memo to clients.

“The result was impacted by MAF investing for growth in areas such as MA Money, the expansion of the Private Credit business in the US, and new distribution channels in Singapore.”

Despite the savage market reaction to the result, there were bright spots.

“Management fees (which are largely recurring), increased +22% to $153 million.

“MAF said investments in various growth initiatives will continue into 2024 (which surprised the market), which will impact EPS by ~6 cents per share, albeit should benefit earnings from FY25 onwards.”

And this is why so many professionals are, with a long-term horizon, bullish on MA Financial shares.

The 4% fully franked dividend yield also helps the argument that these are cheap ASX shares.

The analysts at Celeste Funds pointed out it’s already pretty close to heading into the black and the year ahead looks positive.

“MA Money is forecast to breakeven in 2H24,” they said in a memo to their clients.

“The Corporate Advisory & Equities business endured a difficult year but should rebound as capital markets reopen.”

Broking platform CMC Invest is currently showing all three analysts surveyed as recommending MA Financial as a strong buy.

The post 1 top ASX bargain stock that’s ready for a bull run! appeared first on The Motley Fool Australia.

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Motley Fool contributor Tony Yoo 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 recommended Ma Financial 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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ASX uranium shares have found favour among many investors over the past year, but there is one particular stock coming out of a trading halt that looks intriguing.

That’s according to Auburn Capital head of wealth management Jabin Hallihan, who rates Deep Yellow Limited (ASX: DYL) as a buy.

“Deep Yellow is a uranium exploration and development company, with operations in Namibia and Australia,” Hallihan told The Bull.

“The company boasts a substantial resource base and aims to achieve uranium production capacity of more than 7 million pounds a year.”

$220 million capital raising

The stock went into a trading halt last Thursday, which was released on Monday morning.

The eventual announcement was that the company had successfully raised $220 million from institutional investors to fund both its Tumas project in Namibia and Mulga Rock in Western Australia.

According to Deep Yellow chief executive John Borshoff, the development is “timed perfectly”.

“The Tumas Project represents a long-life high-quality asset timed to deliver into what is a supply constrained market,” he said in a statement to the ASX.

“The Mulga Rock Project is next in the development schedule and provides a great opportunity to develop our second uranium mine that will also benefit from integrating the value-adding critical minerals and magnetic rare earth elements associated with these deposits.”

The favoured uranium shares in a favoured industry

The uranium industry is bullish at the moment due to many nations reconsidering nuclear as a powerful source of emissions-free energy generation.

And within that industry Hallihan likes Deep Yellow as a buy for those investors willing to take on some risk.

“The company’s experienced management team, coupled with its ambitious production targets and favourable cost projections, make it a speculative buy.”

Broking platform CMC Invest shows four out of five analysts that cover the $936 million small-cap as a buy right now.

The Deep Yellow share price has more than doubled over the past year.

The post The ASX uranium shares to buy just coming out of a trading halt appeared first on The Motley Fool Australia.

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More reading

• What’s happening with ASX uranium shares today?
• Why Adairs, BHP, Deep Yellow, and Woodside shares are dropping today
• These are the 10 most shorted ASX shares
• Up 90% in a year, why is this ASX 300 uranium stock suddenly halted?
• What Dutton’s nuclear push could mean for ASX uranium shares

Motley Fool contributor Tony Yoo 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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