• 2 high quality ETFs for ASX investors in February

    A tattoed woman holds two fingers up in a peace sign.

    A tattoed woman holds two fingers up in a peace sign.

    Looking for exchange traded funds (ETFs) for your portfolio?

    If you are, then two highly rated ETFs that could be worth considering are listed below:

    BetaShares Global Energy Companies ETF (ASX: FUEL)

    The first ETF for investors to look at is the BetaShares Global Energy Companies ETF.

    This ETF provides investors with an easy way to gain exposure to the energy sector. Which could be a good thing given how oil prices are at relatively high levels and OPEC appears intent to keep them that way.

    This bodes well for the companies held by the fund. These include giants such as BP, Chevron, ConocoPhillips, ExxonMobil, Halliburton, Kinder Morgan, Phillips 66, Royal Dutch Shell, and Total.

    BetaShares notes that these companies are larger, more geographically diversified, and more vertically integrated than Australian-listed energy companies.

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

    Another ETF for investors to look at is the VanEck Vectors Video Gaming and eSports ETF.

    As you might have guessed from its name, this ETF gives investors easy access to a portfolio of the largest companies involved in video game development, hardware, and esports.

    VanEck notes that this is an industry benefiting from an estimated 2.7 billion+ gamers globally, which is more than active Apple phones and Netflix subscriptions combined. And according to Statista, revenue in the video games category was projected to reach US$208.60 billion in 2022 and then grow almost 8% per annum through to US$304.70 billion by 2027.

    This is likely to be good news for many of the companies included in the fund. This includes graphics processing unit developer Nvidia and gaming giants Electronic Arts, Nintendo, Roblox, Take-Two, and Tencent.

    The post 2 high quality ETFs for ASX investors in February appeared first on The Motley Fool Australia.

    Scott Phillips’ ETF picks for building long term wealth…

    If you’re an investor looking to harness the sheer compounding power of ETFs, then you’ll need to check out this latest research from 25-year investing veteran Scott Phillips.

    He’s painstakingly sorted through hundreds of options and uncovered the small handful he thinks are balanced and diversified. ETFs he thinks investors could aim to hold for years, and potentially build outstanding long term wealth.

    Click here to get all the details
    *Returns as of February 1 2023

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

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

    More reading

    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 recommended VanEck Vectors Video Gaming And eSports ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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

  • Why experts say these ASX 200 blue chip shares are buys

    Three people in a corporate office pour over a tablet, ready to invest.

    Three people in a corporate office pour over a tablet, ready to invest.

    If you’re want a strong portfolio, then having a few blue chips in there could give you a great foundation to build from.

    But which blue chip ASX 200 shares could be in the buy zone? Here are three from different sides of the market to consider:

    Goodman Group (ASX: GMG)

    The first blue chip ASX 200 share that could be a buy is Goodman Group. It is a leading integrated commercial and industrial property company. Thanks to its successful strategy of developing high quality industrial properties in strategic locations, Goodman has been a standout performer over the last decade. The good news is that it has been tipped to continue its growth in the future.

    Citi is a fan and has a buy rating and $21.10 price target on its shares. Its analysts continue to “favour industrial exposure, and remain attracted to GMG’s best-in-class balance sheet.”

    Cochlear Limited (ASX: COH)

    Another ASX 200 share that could be a buy is Cochlear. It is one of the world’s leading hearing solutions companies. Thanks to its portfolio of world class products, which have been developed through its significant annual investment in research and development, Cochlear appears well-placed for long term growth. Particularly given its strong position in a market benefiting from ageing populations.

    Morgans is bullish on Cochlear and has an add rating and $236.70 price target on its shares. It believes the Nucleus 8 launch will be a key driver of near term growth.

    Rio Tinto Limited (ASX: RIO)

    A final ASX 200 blue chip share that has been rated as a buy is Rio Tinto. It is of course one of the world’s largest miners and the owner of a collection of world class operations across different commodities and geographies.

    Goldman Sachs is positive on the miner due to its “compelling valuation” and production growth expectations. Goldman currently has a buy rating and $132.00 price target on Rio Tinto’s shares.

    The post Why experts say these ASX 200 blue chip shares are buys appeared first on The Motley Fool Australia.

    FREE Guide for New Investors

    Despite what some people may say – we believe investing in shares doesn’t have to be overwhelming or complicated…

    For over a decade, we’ve been helping everyday Aussies get started on their journey.

    And to help even more people cut through some of the confusion “experts’” seem to want to perpetuate – we’ve created a brand-new “how to” guide.

    Yes, Claim my FREE copy!
    *Returns as of February 1 2023

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

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

    More reading

    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 Cochlear. The Motley Fool Australia has recommended Cochlear. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

    from The Motley Fool Australia https://ift.tt/dPgZR4M

  • What are experts saying about the BHP share price?

    A man in a hard hat and high visibility vest speaks on his mobile phone in front of a digging machine with a heavy dump truck vehicle also visible in the background.

    A man in a hard hat and high visibility vest speaks on his mobile phone in front of a digging machine with a heavy dump truck vehicle also visible in the background.

    With another subdued showing on Tuesday, the BHP Group Ltd (ASX: BHP) share price has now pulled back over 11% from its recent demerger-adjusted record high.

    In light of this, now could be a good time to look to see what brokers are saying about the mining giant.

    What are brokers saying about the BHP share price?

    While there aren’t many buy ratings on the Big Australian’s shares, a couple see some value at the current level.

    One of those is Macquarie, which is the only broker I’m aware of with a buy rating on its shares.

    According to the note, the broker has an outperform rating and $52.00 price target on them. Based on the current BHP share price of $47.72, this implies potential upside of 9% for investors over the next 12 months.

    In addition, the broker is forecasting a fully franked dividend of approximately $3.00 per share in FY 2023. This equates to a 6.3% yield, boosting the total potential return to over 15%.

    Elsewhere, the team at Goldman Sachs is sitting on the fence with the miner and has a neutral rating and $49.00 price target on its shares. This suggests modest upside of 2.7% from current levels.

    Finally, at the other end of the scale you have analysts at UBS, which have a sell rating and lowly $39.00 price target. This implies downside risk of approximately 18% from where the BHP share price currently trades.

    Which broker makes the right call may largely depend on where commodity prices go from here. If China’s reopening supports demand and high prices, then the bulls could be onto a winner here.

    If it doesn’t, it could be the bears that celebrate. Time will tell what happens.

    The post What are experts saying about the BHP share price? appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Bhp Group right now?

    Before you consider Bhp Group, you’ll want to hear this.

    Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Bhp Group wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

    See The 5 Stocks
    *Returns as of February 1 2023

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

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

    More reading

    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.

    from The Motley Fool Australia https://ift.tt/a29oNwz

  • Here are the top 10 ASX 200 shares today

    Young woman using computer laptop smiling in love showing heart symbol and shape with hands. as she switches from a big telco to Aussie Broadband which is capturing more market shareYoung woman using computer laptop smiling in love showing heart symbol and shape with hands. as she switches from a big telco to Aussie Broadband which is capturing more market share

    The S&P/ASX 200 Index (ASX: XJO) broke a three-session-long losing streak on Tuesday, gaining 0.18% to close at 7,430.9 points.

    It came on the back of a strong session on Wall Street. The Dow Jones Industrial Average Index (DJX: .DJI) and the S&P 500 Index (SP: .INX) both rose 1.1% overnight while the tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) gained 1.5%.

    It makes sense then that the S&P/ASX 200 Information Technology Index (ASX: XIJ) posted the biggest gain on the Aussie index, rising 1.3%.

    The S&P/ASX 200 Communications Index (ASX: XTJ) also outperformed, gaining 1.1% with the Domain Holdings Australia Ltd (ASX: DHG) share price leading the way, lifting 5.5%.

    Meanwhile, market giant CSL Limited (ASX: CSL) saw its share price rise 0.9% on the back of the company’s half-year earnings.

    On the other end of the market, the S&P/ASX 200 Energy Index (ASX: XMJ) and the S&P/ASX 200 Materials Index (ASX: XMJ) fell 0.4% and 0.2% respectively.

    But which ASX 200 share outperformed all others on Tuesday? Let’s take a look.

    Top 10 ASX 200 shares countdown

    The index’s best performer today was metal recycler Sims Ltd (ASX: SGM). Its stock soared 7.1% to close at $15.72 on Tuesday.

    That was despite the company posting an 80% fall in statutory profit for the first half, leading it to slash its interim dividend by 66% to 14 cents per share.

    These shares made today’s biggest gains:

    ASX-listed company Share price Price change
    Sims Ltd (ASX: SGM) $15.72 7.08%
    Domain Holdings Australia Ltd (ASX: DHG) $3.09 5.46%
    Coronado Global Resources Inc (ASX: CRN) $2.11 4.46%
    Challenger Ltd (ASX: CGF) $7.58 4.41%
    Karoon Energy Ltd (ASX: KAR) $2.32 4.04%
    Adbri Ltd (ASX: ABC) $1.82 4%
    Smartgroup Corporation Ltd (ASX: SIQ) $5.72 3.81%
    Boral Limited (ASX: BLD) $3.69 3.36%
    Perpetual Limited (ASX: PPT) $26.80 3.32%
    Megaport Ltd (ASX: MP1) $6.03 3.25%

    Our top 10 shares countdown is a recurring end-of-day summary to let you know which companies were making big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.

    The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

    Wondering where you should 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 over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

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

    See The 5 Stocks
    *Returns as of February 1 2023

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

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

    More reading

    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 CSL and Megaport. The Motley Fool Australia has positions in and has recommended Smartgroup. The Motley Fool Australia has recommended Challenger and Megaport. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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

  • Woodside share price turns red following production update

    A man rests his chin in his hands, pondering what is the answer?

    A man rests his chin in his hands, pondering what is the answer?

    The Woodside Energy Group Ltd (ASX: WDS) share price was on course to record a small gain until the release of an announcement late in the afternoon.

    The energy producer’s shares are now down 1.5% to $36.14.

    What’s going on with the Woodside share price?

    This afternoon, Woodside released a small update on a few items to expect in its upcoming full year results release.

    Following a review of the year-end carrying values of its assets, the company expects to recognise a non-cash, post-tax asset value impairment reversal of approximately $630 million (pre-tax value of approximately $900 million) for the Wheatstone asset. This is primarily due to a revision in short and long term LNG price assumptions.

    The company also expects to recognise a Pluto petroleum resource rent tax (PRRT) deferred tax asset (DTA) of approximately $1,360 million. This is primarily due to higher 2022 income, improved future price assumptions, and additional volumes processed through the Pluto-KGP Interconnector.

    The release also notes that these will be excluded from underlying net profit after tax (NPAT) for the purposes of calculating the 2022 full year dividend. This is consistent with prior practice.

    Production disruption

    The real drag on the Woodside share price this afternoon is likely to be an update on its planned maintenance.

    Management explained that the Pluto LNG operation will have four weeks of maintenance in the second quarter. The North West Shelf LNG train 1 will have four weeks of maintenance in the third quarter and the Ngujima-Yin FPSO dry dock will have four month of maintenance during the first half.

    However, Woodside’s full year production guidance remains unchanged at 180MMboe to 190MMboe despite this. Though, investors appear to believe the lower end of the range is more likely now judging by the share price reaction.

    The post Woodside share price turns red following production update appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Woodside Petroleum Ltd right now?

    Before you consider Woodside Petroleum Ltd, you’ll want to hear this.

    Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Woodside Petroleum Ltd wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

    See The 5 Stocks
    *Returns as of February 1 2023

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

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

    More reading

    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.

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

  • Love all around: 2 ASX All Ords stocks smashing new 52-week highs on Valentine’s Day

    a geeky looking man wearing a vest and a bow tie clutches a stuffed love heart as he is covered in lipstick kisses from an attractive woman leaning into him and kissing him on the cheek.a geeky looking man wearing a vest and a bow tie clutches a stuffed love heart as he is covered in lipstick kisses from an attractive woman leaning into him and kissing him on the cheek.

    The All Ordinaries Index (ASX: XAO) appears to be brimming with love today and is giving ASX investors a bit of a Valentine’s Day present. At the time of writing, the All Ords has risen by a healthy 0.19%, putting the index at just under 7,630 points.

    But some ASX All Ords shares are receiving even more love from Cupid. So let’s check out two that have just hit new 52-week highs this Valentine’s Day.

    2 ASX All Ords shares hitting new highs today

    AUB Group Ltd (ASX: AUB)

    First All Ords share worth a gander is the insurance brokering company AUB Group. AUB shares have had a rather interesting day, as you can see below:

    The company has hit a new multi-year high. AUB shares touched $25.48 each just after market open this morning. Not only is that a new 52-week high, but it is the highest the shares have traded at since early January 2022.

    But alas, these new heights were not to last. Soon after hitting this peak, AUB shares plummeted and are now barely breaking even at $25.07 each, up just 0.2% for the day thus far.

    There hasn’t been much in the way of news out of this company lately, so perhaps investors can’t decide what AUB might tell us when it releases its half-year earnings on 22 February later this month.

    Weebit Nano Ltd (ASX: WBT)

    Next up today is another All Ords share in Weebit Nano. This ASX tech share has also had a bit of a bumpy ride this Tuesday, but we can’t take away the company’s new 52-week high. Again, it was soon after market open that the Weebit Nano share price reached $6.222 each.

    That’s a new 52-week high for Weebit Nano shares. But it’s also the highest point this company has reached in over a decade. Yep, you’d have to go back to 2012 to find the last time Weebit Nano shares had a 6 in front of them. Weebit Nano has since cooled off a bit but is still up 0.84% at present to $5.97 a share.

    This company has had an extraordinary 2023 so far, with Weebit Nano shares up a whopping 71.4% year to date:

    These monstrous gains seem to stem from the company’s early January announcement that it was bringing its first-ever 22-nanometre chip to manufacturing. 

    The post Love all around: 2 ASX All Ords stocks smashing new 52-week highs on Valentine’s Day appeared first on The Motley Fool Australia.

    Wondering where you should 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 over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

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

    See The 5 Stocks
    *Returns as of February 1 2023

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

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

    More reading

    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 recommended Aub Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

    from The Motley Fool Australia https://ift.tt/i5g4jC8

  • Banking on term deposits to retire rich? I’d buy ASX 200 dividend shares instead

    A woman looks quizzical while looking at a dollar sign in the air.

    A woman looks quizzical while looking at a dollar sign in the air.The S&P/ASX 200 Index (ASX: XJO) share market seems like a great vehicle to drive our net worth towards being wealthy. Certainly, I’d much rather pick ASX 200 dividend shares over term deposits.

    It’s true that term deposits are now offering much better interest rates compared to 12 months ago.

    Savers can now get very competitive rates on their savings. For example, when looking at term deposits from the big banks of Commonwealth Bank of Australia (ASX: CBA), National Australia Bank Ltd (ASX: NAB), Westpac Banking Corp (ASX: WBC), and ANZ Group Holdings Ltd (ASX: ANZ), we can now see a few term deposit percentage rates starting with a 4.

    But, despite the much better interest rates, I think ASX 200 dividend shares are more likely to make us wealthy.

    Stronger income compounding potential than term deposits

    If I put $10,000 into a term deposit with an interest rate of 4%, in 12 months I’d receive $400 in interest.

    To benefit from the power of compounding, I’d need to leave the $400 of interest with the bank and re-invest the $10,400 for another 12 months. At the end of year two, I’d be paid $416 of interest, leaving me with $10,816.

    But, ASX 200 dividend shares can deliver more growth, in theory.

    If I put $10,000 into an ASX 200 dividend share that had a share price of $10, I’d get 1,000 shares. If that business had an expected 4% dividend yield, I’d get $400 in dividends after the first year. I could re-invest the dividend and let’s say I could buy another 40 shares (probably using a dividend re-investment plan), leaving me with 1,040 shares if the share price is still $10.

    Let’s say that when the company reported its next full-year result it decided to grow the dividend by 10% after achieving earnings growth, resulting in $440 from my original 1,000 shares and $17.60 from my extra 40 shares, meaning a total of $457.60 of income paid in year two.

    Assuming the share price didn’t change, my original $10,000 investment has turned into $10,858.

    It’s the ability of a company to grow the dividend alongside earnings that can supercharge passive income combined with re-investment, rather than simply relying on re-investing the income each year.

    Of course, it’s not just income that makes up the returns of ASX 200 dividend shares. Capital growth is a big part of the picture.

    Capital growth adds to returns

    Let’s use the biggest ASX exchange-traded fund (ETF) as an example. The Vanguard Australian Shares Index ETF (ASX: VAS) tracks the S&P/ASX 300 Index (ASX: XKO), which is very similar to the ASX 200 and owns many of the same ASX 200 dividend shares.

    Since the ETF’s inception in May 2009, the fund has produced an average return per annum of 9.21%. Around half of that was from income – an average of 4.64% per annum, more than the dividend yield in my above example – and half of the total return was from capital growth. This shows how the ASX as a whole has performed, and the split of returns.

    We don’t know what share prices are going to do this month or this year. But, if earnings keep growing then I think ASX 200 dividend shares give themselves a great chance of growing the share price (and the dividend payout).

    Which ASX 200 dividend shares to buy?

    I like the look of businesses that are capable of producing long-term earnings growth and dividend growth. For example, in this article, I mentioned Washington H. Soul Pattinson and Co. Ltd (ASX: SOL), Brickworks Limited (ASX: BKW), Sonic Healthcare Ltd (ASX: SHL), and APA Group (ASX: APA) and I also cover Wesfarmers Ltd (ASX: WES) shares sometimes.

    I believe these are the sorts of names that can make better income returns and total than term deposits.

    The post Banking on term deposits to retire rich? I’d buy ASX 200 dividend shares instead appeared first on The Motley Fool Australia.

    Looking to buy dividend shares to help fight inflation?

    If you’re looking to buy dividend shares to help fight inflation then you’ll need to get your hands on this… Our FREE report revealing 3 stocks not only boasting inflation-fighting dividends…

    They also have strong potential for massive long-term returns…

    See the 3 stocks
    *Returns as of February 1 2023

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

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

    More reading

    Motley Fool contributor Tristan Harrison has positions in Brickworks and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Brickworks and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia has positions in and has recommended Apa Group, Brickworks, Washington H. Soul Pattinson and Company Limited, and Wesfarmers. The Motley Fool Australia has recommended Sonic Healthcare and Westpac Banking. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

    from The Motley Fool Australia https://ift.tt/VEmSc71

  • These ASX dividend shares have big yields and bigger upside potential: experts

    Woman holding $50 notes and smiling.

    Woman holding $50 notes and smiling.

    Are you searching for dividend shares to buy? If you are, then the two named below could be worth a closer look.

    Both have been named as buys by brokers and tipped to provide investors with big yields. Here’s what you need to know about them:

    South32 Ltd (ASX: S32)

    The first ASX dividend share for income investors to consider is South32.

    It could be a buy according to analysts at Morgans, which believe the mining giant is a great option due to its “clear exposure to a recovery scenario for China growth.” The broker also likes the miner thanks to its portfolio transformation and strong balance sheet. The latter is seen as “supporting potential for further M&A.”

    Morgans has an add rating and $5.30 price target on South32’s shares.

    As for dividends, the broker is expecting South32 to pay fully franked dividends per share of 23 cents in FY 2023 and 21.6 cents in FY 2024. Based on the current South32 share price of $4.64, this will mean yields of 5% and 4.7%, respectively.

    Universal Store Holdings Ltd (ASX: UNI)

    Another ASX dividend share for income investors to consider is Universal Store.

    This retailer, known for the Universal Store and Thrills brands, has been named as a buy by analysts at Goldman Sachs. The broker believes the company is well-placed to benefit from “a strong outlook for Gen-Z spending” and its ongoing store roll-out.

    Goldman Sachs has a buy rating and $7.55 price target on its shares.

    In respect to dividends, the broker is expecting fully franked dividends of 27.2 cents in FY 2023 and 29.9 cents in FY 2024. Based on the latest Universal Store share price of $5.64, this equates to yields of 4.8% and 5.3%, respectively.

    The post These ASX dividend shares have big yields and bigger upside potential: experts appeared first on The Motley Fool Australia.

    Looking to buy dividend shares to help fight inflation?

    If you’re looking to buy dividend shares to help fight inflation then you’ll need to get your hands on this… Our FREE report revealing 3 stocks not only boasting inflation-fighting dividends…

    They also have strong potential for massive long-term returns…

    See the 3 stocks
    *Returns as of February 1 2023

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

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

    More reading

    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.

    from The Motley Fool Australia https://ift.tt/Zkdl36y

  • Goldman Sachs says these ASX small cap shares are buy with major upside potential

    A man sees some good news on his phone and gives a little cheer.

    A man sees some good news on his phone and gives a little cheer.

    If your risk profile allows it, having a little exposure to the small end of town could be a good thing for a portfolio.

    That’s because of the potentially strong returns that are on offer with small cap ASX shares.

    But which ones could be buys? Two that Goldman Sachs rates as buys are listed below. Here’s what it is saying about them:

    FINEOS Corporation Holdings PLC (ASX: FCL)

    The first small cap ASX share to look at is Fineos, which is a provider of core systems for life, accident, and health insurance carriers globally. It has 7 of the 10 largest group life and health carriers in the US, as well as a 70% market share of group insurance in Australia.

    Goldman is very positive on the company and has a buy rating and $2.40 price target on its shares. It commented:

    Recent industry data points and commentary suggest that demand conditions are normalizing into 2023, with easing wage pressures increasing confidence in FCL’s cash break-even trajectory (we now see upside to consensus earnings across FY23-25E). Separately, FCL’s closest US comp Duck Creek was taken out for ~2-3x FCL’s trading multiple, providing valuation support for the sector.

    Maas Group Holdings Ltd (ASX: MGH)

    Another small cap ASX share to consider buying is Maas. It is a construction material, equipment and service provider.

    Goldman believes that it could be a small cap to buy and has a buy rating and $4.20 price target on its shares. The broker is positive thanks to Maas’ ongoing transition, which it believes this will underpin higher quality earnings. It explained:

    We believe MGH is in a transition phase and will see higher quality real estate income become the largest source of earnings in the next 3-5 years. We believe the market is mispricing how MGH’s civil and construction capabilities support the property development business to deliver best-in-class margins and asset turnover. In our view the value created through the development of quality annuity revenue from Build-to-Rent (BTR), Land Lease (potentially generating a 4.5x ROIC annuity income stream) and commercial real estate projects could re-rate the stock.

    The post Goldman Sachs says these ASX small cap shares are buy with major upside potential appeared first on The Motley Fool Australia.

    Wondering where you should 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 over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

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

    See The 5 Stocks
    *Returns as of February 1 2023

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

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

    More reading

    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 recommended FINEOS Corporation. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

    from The Motley Fool Australia https://ift.tt/gTE4WKm

  • Leading brokers name 3 ASX shares to buy today

    A woman sits at her computer with her hand to her mouth and a contemplative smile on her face as she reads about the performance of Allkem shares on her computer

    A woman sits at her computer with her hand to her mouth and a contemplative smile on her face as she reads about the performance of Allkem shares on her computer

    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:

    Endeavour Group Ltd (ASX: EDV)

    According to a note out of Morgans, its analysts have upgraded this drinks giant’s shares to an add rating with an improved price target to $7.80. Morgans notes that Endeavour’s half year result was comfortably ahead of expectations with its retail margin performance the key standout. And while the regulatory environment remains uncertain, on balance, it thinks the risks lie to the upside with the underlying business performing well. The Endeavour share price is trading at $7.00 on Tuesday.

    JB Hi-Fi Limited (ASX: JBH)

    A note out of Citi reveals that its analysts have retained their buy rating and $55.00 price target on this retailer’s shares. This follows the release of a result and trading update in line with its expectations. Overall, the broker continues to see upside risk to consensus expectations and plenty of value in its shares. The JB Hi-Fi share price is fetching $45.15 this afternoon.

    REA Group Limited (ASX: REA)

    Analysts at Goldman Sachs have retained their conviction buy rating and $158.00 price target on this property listings company’s shares. Goldman was pleased with the realestate.com.au operator’s half year results and believes both the quality of the company and its positive thesis were reinforced by it. The REA share price is trading at $121.66 on Tuesday.

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

    Wondering where you should 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 over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

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

    See The 5 Stocks
    *Returns as of February 1 2023

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

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

    More reading

    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 recommended Jb Hi-Fi and REA Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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