The Arizona Lithium Ltd (ASX: AZL) share price is in the freezer as the market prepares to hear news of merger and acquisition activity.

That $159 million Aussie lithium stock is rumoured to be acquiring Canada’s Prairie Lithium – which reportedly comes with an $80 million price tag.

The Arizona Lithium share price entered a trading halt on Monday morning, leaving it frozen at 6.2 cents.

And there it will remain until tomorrow morning unless the company drops more details this afternoon.

Let’s take a closer look at what could be going down at the ASX lithium share this week.

Arizona Lithium shares frozen as ASX waits for M&A news

Arizona Lithium requested its shares be halted on Monday morning amid what it described as a “material acquisition”. Sadly, that’s all we’ve got from the horse’s mouth so far.

Meanwhile, the Australian Financial Review reports the ASX company is gearing up to buy Prairie Lithium in a part-cash, part-scrip deal worth around $80 million.

The unlisted Canadian company is exploring the nation’s Saskatchewan province for lithium brine resources. Arizona Lithium is also exploring lithium in North America. It holds Arizona’s Big Sandy project.

Work on Big Sandy’s definitive feasibility study kicked off last month. It’s expected to be completed within a year.

The potential that production at Prairie Lithium’s project could kick off sooner than at Big Sandy is a major factor in the rumoured acquisition, according to the publication.

No doubt all eyes will be on the Arizona Lithium share price when it returns to trade. Particularly as this year has seen it tumble into the red.

The ASX lithium share is currently down 48% year to date. It has also fallen 31% since this time last year.

The post M&A action: ASX lithium share halted amid major acquisition appeared first on The Motley Fool Australia.

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• Hoping to secure the next iShares S&P 500 ETF (IVV) dividend? Read this
• Why is the Woodside share price smashing the ASX 200 on Tuesday?
• Why BWX, City Chic, Domain, and John Lyng shares are sinking today
• Here’s how I’d invest $10,000 in ASX shares for 2023

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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In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) has followed Wall Street’s lead and dropped into the red. At the time of writing, the benchmark index is down 0.55% to 7,094.7 points.

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

AGL Energy Limited (ASX: AGL)

The AGL share price is up 2% to $8.04. Investors have been buying this energy company’s shares despite there being no news out of it. They may be looking for safe havens given the share market’s current volatility.

Invictus Energy Ltd (ASX: IVZ)

The Invictus Energy share price is up 17% to 34.5 cents. Yesterday this energy explorer revealed that underwater drilling encountered fluorescence and elevated gas shows in multiple zones of the Upper Angwa primary target. Managing Director Scott Macmillan said: “We have had further encouraging signs from the Mukuyu-1 sidetrack well since drilling recommenced, with multiple zones encountering elevated gas shows and fluorescence in our Upper Angwa primary target proving relatively consistent with the original Mukuyu-1 well.”

Maas Group Holdings Ltd (ASX: MGH)

The Maas share price is up 2% to $2.64. This is despite there being no news out of the construction materials, equipment and service provider. Though, it is worth highlighting that Goldman Sachs initiated coverage on the company this month with a buy rating and lofty $4.20 price target. This implies significant upside over the next 12 months.

Mach7 Technologies Ltd (ASX: M7T)

The Mach7 share price is up almost 2% to 57 cents. This morning, this medical imaging software solutions company announced a sales agreement with Nuvodia. The agreement is for Mach7’s entire Enterprise Imaging Platform, which will provide a true enterprise wide PACS solution. The subscription contract has a five-year term and a total contract value of $2.5 million. Nuvodia is a US-based national IT and radiology service provider that creates, manages, and supports mission-critical IT environments.

The post Why AGL, Invictus Energy, Maas, and Mach7 shares are pushing higher today appeared first on The Motley Fool Australia.

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More reading

• Buy AGL shares for 17% upside: top broker
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• Top brokers name 3 ASX shares to buy next week

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 Mach7 Technologies. The Motley Fool Australia has recommended Mach7 Technologies. 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 iShares S&P 500 ETF (ASX: IVV) is not an exchange-traded fund (ETF) that has a strong reputation for dividend income. Covering the S&P 500 Index on the US markets, this ASX ETF holds 500 of the largest companies listed in America.

You’ll find everything from Apple, Microsoft, and Amazon to Exxon Mobil, Costco, and Tesla here in this ETF. As well as American Express, Coca-Cola, and Kraft Heinz.

US shares are not known for their high dividends, which of course don’t come with franking credits either. But the S&P 500 Index still has a robust dividend record and, as such, so does the iShares S&P 500 ETF.

This fund actually pays out a dividend distribution every quarter, not every six months, as is the norm here in Australia.

When is the iShares S&P 500 ETF’s latest dividend distribution?

The iShares S&P 500 ETF’s next dividend distribution is coming soon too. How soon? Well, investors can look forward to their next quarterly payout on 5 January. But if they wish to receive it, any new investors had better be quick. This ETF is scheduled to trade ex-distribution tomorrow, 21 December.

That means that any investor who doesn’t own iShares S&P 500 ETF units by the end of today’s trading session will be ineligible for this latest dividend distribution.

This is the iShares first dividend distribution payment since this ETF’s recent stock split. The fund split its units in a 15-to-1 unit division earlier this month.

iShares only released exactly how much investors can expect from this latest payout this morning. Unitholders can look forward to receiving a payment worth 12.63 cents per unit on 5 January. That will bring this ETF’s total distributions for the past 12 months to 53.6 cents per share on a post-split basis.

This total gives the iShares S&P 500 ETF a trailing dividend distribution yield of 1.4% on the current unit price of $38.15 (at the time of writing).

The post Hoping to secure the next iShares S&P 500 ETF (IVV) dividend? Read this appeared first on The Motley Fool Australia.

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John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. American Express is an advertising partner of The Ascent, a Motley Fool company. Motley Fool contributor Sebastian Bowen has positions in Amazon.com, American Express, Apple, Coca-Cola, Costco Wholesale, Kraft Heinz, Microsoft, and Tesla. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Amazon.com, Apple, Costco Wholesale, Microsoft, and Tesla. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Kraft Heinz and has recommended the following options: long January 2024 $47.50 calls on Coca-Cola, long March 2023 $120 calls on Apple, and short March 2023 $130 calls on Apple. The Motley Fool Australia has recommended Amazon.com, Apple, and iShares S&p 500 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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The Woodside Energy Group Ltd (ASX: WDS) share price is defying the market’s tumble on Tuesday. Its strong performance follows a good night for oil prices.

Right now, the Woodside share price is $36.01. That’s 0.73% higher than its previous close.

For comparison, the S&P/ASX 200 Index (ASX: XJO) has slipped 0.59% so far today to trade at 7,091.9 points at the time of writing.

Let’s take a closer look at what’s bolstering the Woodside share price above the market’s fall today.

What’s going right for the Woodside share price today?

The Woodside share price is outperforming alongside many of its oil-producing peers today.

The stock is one of many driving the S&P/ASX 200 Energy Index (ASX: XEJ) to trade in the green, defying the market’s downturn. The energy sector is currently up 0.46% – making it the ASX 200’s best-performing sector so far today.

Its gain follows a strong night’s trade for oil. The Brent crude oil price rose 1% to US$79.80 a barrel overnight while the US Nymex crude oil price gained 1.2% to US$75.19 a barrel.

The black liquid’s value lifted amid rising hopes China might relax its COVID-19 restrictions, thereby likely increasing demand for the energy commodity, Reuters reports.

Its gains also come despite concerns the United States could fall into a recession after the nation’s Federal Reserve continued to battle rampant inflation with back-to-back rate hikes last week.

A rise in oil prices tends to drive Woodside’s stock higher. That’s because much of the company’s earnings depend on the commodity’s value. The higher the oil price, the more cash the oil producer can bring in.

Joining Woodside in the green today is the Santos Ltd (ASX: STO) share price. It’s gained 0.35% at the time of writing.

Meanwhile, fellow oil stock Beach Energy Ltd (ASX: BPT) is suffering alongside the market, falling 0.62%.

The post Why is the Woodside share price smashing the ASX 200 on Tuesday? appeared first on The Motley Fool Australia.

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More reading

• 5 things to watch on the ASX 200 on Tuesday
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• Here are the 3 most heavily traded ASX 200 shares on Monday
• Invest, or not to invest in ASX shares: Why I think the pessimists are wrong again
• Is the Pinnacle share price the ASX 200’s biggest bargain right now?

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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The S&P/ASX 200 Index (ASX: XJO) is on course to record another decline. In afternoon trade, the benchmark index is down 0.6% to 7,091.2 points.

Four ASX shares that are falling more than most today are listed below. Here’s why they are dropping:

BWX Ltd (ASX: BWX)

The BWX share price is down a massive 48% to 33 cents. Investors have been hitting the sell button in response to a shocking business update. That update reveals that the Sukin skincare manufacturer missed its guidance in FY 2022, admitted to channel stuffing activities, downgraded its FY 2023 guidance, and revealed a growing mountain of debt.

City Chic Collective Ltd (ASX: CCX)

The City Chic share price is down 22% to 46 cents. The catalyst for this was another terrible update from the plus sized fashion retailer. City Chic revealed that trading conditions remain tough and it now expects to post a first half loss. This tough sales environment doesn’t bode well for the company given its huge inventory position. Management expects to finish the half with inventory of $168 million to $174 million. This is 50% more than its current market capitalisation.

Domain Holdings Australia Ltd (ASX: DHG)

The Domain share price is down over 7% to $2.64. This has been driven by the release of a trading update from the property listings company this morning. That update reveals that December month to date listings are down around 51% in Sydney and 37% in Melbourne. As a result of the challenging market environment, first half EBITDA is expected to be around $48 million.

Johns Lyng Group Ltd (ASX: JLG)

The Johns Lyng share price is down 11% to $6.05. This morning, the company revealed that its executive director and COO, Lindsay Barber, has sold 4 million shares. The share sale represents almost a third of Mr Barber’s prior holding.

The post Why BWX, City Chic, Domain, and John Lyng shares are sinking today appeared first on The Motley Fool Australia.

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• Why did this ASX All Ordinaries share just crash 19%?
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• 2 ASX companies about to explode in the US market: experts
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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 Johns Lyng Group. The Motley Fool Australia has recommended BWX and Johns Lyng 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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With a new year approaching, now could be a good time to look at making some new additions to your portfolio.

If you have $10,000 available to invest in the share market, I would be investing it evenly across the ASX shares listed below.

Here’s why I think they would be top options for investors in 2023:

CSL Limited (ASX: CSL)

The first ASX share I would invest $10,000 into in 2023 is CSL. This biotherapeutics giant has a world-class portfolio of therapies and vaccines that generate billions of dollars in revenue each year.

But management never rests on its laurels. Each year, it invests in the region of 11% of its revenue back into research and development activities. This ensures that it has a pipeline of potentially lucrative products to support its future growth.

In addition, the company never shies away from an acquisition if it believes it will add value. This was evident earlier this year when CSL completed the acquisition of Vifor Pharma for $16 billion. This has added some leading iron deficiency, dialysis, and nephrology products to its arsenal.

And while the recent exit of its long-serving CEO adds an element of uncertainty, I’m confident the promotion of its COO, Dr Paul McKenzie, to the top job was a great move. After all, the company notes that Dr McKenzie has a “deep understanding of CSL’s strategy, culture and operations”. This should ensure that it is business as usual for CSL.

Finally, I’m not alone in seeing value in the CSL share price. A recent note out of Citi reveals that its analysts have reiterated their buy rating and $340.00 price target. This implies more than 17% upside from current levels, which I believe offers a compelling risk/reward.

Life360 Inc (ASX: 360)

Another ASX share that I would buy for 2023 is Life360. It is the technology company behind the world’s leading real-time, location-sharing app, taken up by more than 40 million users.

In addition, Life360 has acquired a couple of companies involved with wearables and items tracking recently. This provides it with cross-selling opportunities to its massive user base.

But that’s not where it stops. Life360 is likely to continue leveraging its user base to disrupt other markets. It has done this previously with its roadside assistance offering, Driver Protect. Looking ahead, it has been tipped to enter “insurance, item & pet tracking, senior monitoring, home security and/or identity theft”, according to analysts at Bell Potter.

Speaking of which, its analysts are very positive on the Life360 share price at its current level and have a buy rating and $9.00 price target. This suggests potential upside of more than 60% for investors over the next 12 months.

It is also worth noting that Bell Potter doesn’t expect Life360 to be an unprofitable tech company for long. It is forecasting positive free cash flow from Q3 or Q4 of next year. It also believes that its cash balance won’t sink below US$50 million before then. Goldman Sachs has echoed this view recently.

I also agree and believe that once profitability is achieved, it could support a material re-rating for its shares in 2023.

The post Here’s how I’d invest $10,000 in ASX shares for 2023 appeared first on The Motley Fool Australia.

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More reading

• Down 4% in 3 days, should you buy the dip on CSL shares?
• Here’s why analysts rate these blue chip ASX 200 shares as buys
• Top brokers name 3 ASX shares to buy next week
• Experts say these strong blue chip ASX 200 shares are buys for 2023
• Bell Potter says these are some of the best ASX shares to buy for 2023

Motley Fool contributor James Mickleboro has positions in CSL and Life360. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended CSL and 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 City Chic Collective Ltd (ASX: CCX) share price is plummeting on Tuesday after the All Ordinaries Index (ASX: XAO) company released a trading update for the fiscal year so far.

The clothing retailer revealed it’s on track to post a small underlying earnings before interest, tax, depreciation, and amortisation (EBITDA) loss for the first half of financial year 2023.

Perhaps unsurprisingly, the market is reacting poorly to the news. After opening 15% lower at 50 cents, the City Chic share price plunged to a new 52-week low of 44 cents – 25% below its previous close.

Fortunately, things have since picked up slightly. At the time of writing, the City Chic share price is back up at 48 cents – 18.64% lower than its previous close.

Let’s take a closer look at the update that’s seemingly disappointed investors today.

All Ordinaries retail share plummets on trading update

The City Chic share price is being pummelled as Australia looks to the holiday season – a key period for the company’s earnings.

The All Ordinaries company revealed that, since its last trading update in November, conditions have remained volatile amid lower-than-expected demand.

As a result, it has upped its promotional activity to drive demand, and that’s compressed its gross margins.

Meanwhile, its revenue for financial year 2023 so far is 7% lower than it was at the same point of last year – sitting at $157.1 million. However, it’s up around 38% on that of financial year 2021.

Combined, the two factors are expected to lead City Chic to post a first-half EBITDA loss. Though, that’s subject to the coming fortnight’s trade, encompassing the remainder of the holiday season.

More positively, the company’s confident its inventory will be at the lower end of previous guidance – $168 million to $174 million.

The company will provide a more detailed trading update in mid-January following the end of the reporting period.

City Chic share price snapshot

This year has taken a major toll on the clothing retailer’s stock. The City Chic share price has tumbled 91% year to date. It’s also down 90% over the last 12 months.

For comparison, the All Ordinaries Index has dropped 8% year to date and 5% since this time last year.

The post Why did this ASX All Ordinaries share just crash 19%? appeared first on The Motley Fool Australia.

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• A bull market is coming: 3 ways Warren Buffett is preparing
• Why Friday could be D-day for ASX dividend shares and franking credits
• Arafura share price sinks 12% as Gina buys up big
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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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The Core Lithium Ltd (ASX: CXO) share price is failing to gain a footing this morning despite being in a broker’s good books.

Shares in the lithium project developer are retreating 4.2% to $1.03, placing the company’s share price 45% below its 52-week high. For comparison, the S&P/ASX 200 Index (ASX: XJO) is glowing red on Tuesday, slipping 0.6% to the downside.

Core Lithium shareholders might find solace in not being alone in their pain today. Many other ASX lithium shares such as Liontown Resources Ltd (ASX: LTR), Piedmont Lithium Inc (ASX: PLL), and Vulcan Energy Resources Ltd (ASX: VUL) are being tenderised on Tuesday.

However, if analysts at Macquarie are right, buying Core Lithium shares now could prove opportunistic.

Cash could soon be flowing

Core Lithium is a popular ASX lithium share among retail investors. Based on the latest data, approximately 72% of Core Lithium shares are held by the general public. Whereas, that figure is below 60% for even Aussie lithium stalwarts Pilbara Minerals Ltd (ASX: PLS) and Allkem Ltd (ASX: AKE).

The relatively low institutional ownership of Core Lithium could be a byproduct of its pre-revenue status. Right now, the company lacks cash-generating operations, which would probably drastically de-risk the investment case for institutions.

Though, the team at Macquarie believes this could change in FY2024 and FY2025. According to its latest note, the broker is pencilling in expectations for solid free cash flow by the previously mentioned financial years.

In light of its cash-producing forecasts, Macquarie has upped its rating on the Core Lithium share price to outperform. Accompanying the upgrade was a $1.30 price target for the lithium project developer — suggesting a potential 25% upside.

Comparing the Core Lithium share price

Despite the company’s absence of earnings, the Core Lithium share price has outperformed its profitable peers in 2022. As shown below, the $1.9 billion company has gained 65% throughout the year, surpassing even the likes of Minerals Resources Ltd (ASX: MIN).

While once richly valued, the Pilbara Minerals price-to-earnings (P/E) ratio has grown reasonably in recent times. Currently, the lithium miner is priced at around 21 times earnings. For Core Lithium to trade a similar valuation, it would need to generate roughly $90 million in post-tax profits.

The post Core Lithium share price has 25% upside: Macquarie appeared first on The Motley Fool Australia.

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• While the ASX 200 struggled in 2022, investors doubled down on lithium shares. Here’s why
• Here are the 3 most heavily traded ASX 200 shares on Monday
• 2 ASX lithium shares to buy, and 1 to avoid: broker
• Leading brokers name 3 ASX shares to buy today
• Why Core Lithium, MMA, Northern Star, and Warrego Energy are charging higher

Motley Fool contributor Mitchell Lawler 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 Leo Lithium Ltd (ASX: LLL) share price could be in for a major pop after its recent drop, if one top broker is to be believed.

Shares in the ASX newbie have tumbled 31% from its initial public offering (IPO) price, wherein new stock was handed out for 70 cents apiece. The company came to be after Firefinch Ltd (ASX: FFX) spun out its lithium assets in June.

Right now, the Leo Lithium share price is trading at 48 cents.

But its recent suffering might be short-lived. Let’s take a look at the whopping price target one top broker has put on the ASX lithium share.

Could ASX newbie Leo Lithium shares soar 150%?

The Leo Lithium share price could be in for a huge run on the ASX, according to Barrenjoey.

The broker recently initiated coverage of the shiny new lithium share, slapping it with an overweight rating and a $1.20 price target, The Australian reports.

That represents a potential 150% upside on its current price.

The company holds one of the world’s largest undeveloped high-quality spodumene deposits – the Goulamina Lithium Project.

The project is located in Mali. It’s to be developed by Leo Lithium and joint venture partner Ganfeng. Its production is expected to kick off in 2024.

Drilling is also ongoing at the project. The ASX lithium stock recently announced drilling results from the project’s Danaya deposit, revealing high-grade, thick intercepts and multiple wide mineralised pegmatite zones.

Leo Lithium held $71.5 million of cash at the end of the September quarter, while the Goulamina joint venture housed US$125.5 million. The company also has a US$40 million debt agreement with Gangfeng.

The lithium share is currently trading for 9% less than it was after a disastrous tumble on its ASX float.

In the meantime, however, it peaked at a record high of 81 cents. It also slumped to a record low of 36 cents.

The post Top broker says this little-known ASX lithium share has 150% upside 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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National Australia Bank Ltd (ASX: NAB) shares have been a relatively good place to invest your money this year.

Since the start of 2022, the banking giant’s shares have risen almost 3.5%.

In addition, they have provided investors with total fully franked dividends of $1.51 per share. This equates to a 5% dividend yield, which stretches the total return to approximately 8.5%.

As a comparison, over the same period, the S&P/ASX 200 Index (ASX: XJO) is down 6.5% year to date. And even when including dividends, the total return for the index is still in negative territory at -2.4%.

All in all, this means NAB shares have outperformed by almost 11% in 2022.

Should you buy NAB shares for 2023?

The good news is that despite their outperformance this year, one leading broker believes NAB shares can do it all again in 2023.

A recent note out of Goldman Sachs reveals that its analysts have a buy rating and $35.41 price target on the bank’s shares. Based on its current share price of $30.33, this implies potential upside of almost 17% for investors over the next 12 months.

Goldman is also expecting an attractive dividend yield of 5.7% in FY 2023, based on dividends of approximately $1.74 per share. This stretches the total potential return to over 22%.

Double-digit returns to continue

But the even better news is that Goldman Sachs believes double-digit returns will be possible for the next three years, not just in 2023. It commented:

The major Australian banks have been in the midst of an EPS upgrade cycle, with 12-month forward EPS having increased by an average of 21% p.a. over the last two years. However, the outlook is now less optimistic, with 12-month forward EPS now only representing a c. 4% p.a. tailwind to share prices over the next three years. Despite this, the outlook for our two Buy stocks, WBC (on CL) and NAB, is better, and […] we think double digit total shareholder returns remains achievable over the next three years.

All in all, this could make NAB shares a top option for anyone looking for banking sector exposure in 2023.

The post Should I buy NAB shares for 2023? appeared first on The Motley Fool Australia.

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More reading

• 3 ASX 200 dividend shares with payouts that jumped more than 10% this year
• The NAB dividend is being dished out today. Here’s the lowdown
• Could the VAS ETF outperform the BHP share price in 2023?
• Bought $1,000 of NAB shares 10 years ago? Here’s how much dividend income you’ve received
• ‘Highest quality companies’: Expert names 2 ASX shares to buy now

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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