For a number of years, Pilbara Minerals Ltd (ASX: PLS) shares have been the domain of growth investors.

However, with the lithium miner announcing the establishment of a capital management framework late last year, the company is now catching the eye of income investors.

And that’s for good reason based on what analysts are expecting from Pilbara Minerals shares in 2023.

Pilbara Minerals shares tipped to provide an attractive dividend yield

With Pilbara Minerals still commanding very high prices for its lithium, at least for now, the market is expecting the company to deliver bumping earnings and free cash flow in FY 2023.

This has many analysts expecting the lithium giant to reward its shareholders with a very big maiden dividend later this year.

For example, according to current consensus estimates, the market is forecasting a 17 cents per share dividend for FY 2023.

Based on the current Pilbara Minerals share price of $4.04, this will mean an attractive 4.2% yield for investors.

Even bigger dividend yield expected by Macquarie

According to a recent note out of Macquarie, its analysts believe that the lithium miner’s earnings will be strong enough to pay a dividend almost double consensus estimates.

The ultra-bullish broker is forecasting a fully franked 34 cents per share dividend in FY 2023.

Based on where Pilbara Minerals shares are trading, this will mean a whopping 8.4% dividend yield for investors.

Another positive is that Macquarie believes that the company’s shares can rise materially from current levels.

Its analysts have an outperform rating and $7.50 price target on them. This implies potential upside of over 85% for investors over the next 12 months.

Combined with its forecast dividend yield, this lithium miner has the potential to provide investors with a total return of 94%.

The post Can Pilbara Minerals shares really deliver an 8% dividend yield in 2023? appeared first on The Motley Fool Australia.

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• Here are the 3 most heavily traded ASX 200 shares on Monday
• Why are ASX 200 lithium shares struggling on Monday?
• Which ASX lithium shares are forecasting to pay dividends in 2023?
• Own ASX lithium shares? Here’s the latest lithium price forecast
• Here are the 3 most heavily traded ASX 200 shares on Friday

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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The Motley Fool readers will be well familiar with the advice that it’s a dangerous game trying to pick the bottom.

That’s why the best alternative might be to try to hop on ASX shares that have just started rising.

If the underlying business is thriving, the upwards stock price momentum could continue, and it may end up a fruitful investment for those who got in early.

Taking this philosophy, one expert this week earmarked two ASX shares that he would buy right now:

Throwing down the gauntlet

Protective glove maker Ansell Limited (ASX: ANN) has been a painful stock to own for long-term investors, but it has shown signs of life in recent times.

Over the past six months, the share price has spiked up more than 20%.

“The share price has been trending higher since June 2022 and breached resistance at $28 in late October,” Fairmont Equities managing director Michael Gable told The Bull.

“The technical chart remains bullish, which is another positive for the stock. The stock is in a strong uptrend, with no signs of weakness.”

While Gable is keen on Ansell as a buy, that view is not unanimous among his peers.

According to CMC Markets, four out of eight analysts currently covering the $3.6 billion company rate the stock as a hold. Three do consider it a strong buy, while one says Ansell is a moderate sell.

Gold is back, baby

Last year was remarkable in that both stocks and bonds suffered, even though traditionally, they are seen as counterweights to each other.

To top off the disaster, the ultimate ‘safe haven’ of gold also struggled for most of the year.

But with a global recession looming, the last couple of months has seen a revival for the precious metal.

This is why Gable rates miner Evolution Mining Ltd (ASX: EVN) as a buy.

“We’re bullish about the outlook for gold in volatile and uncertain times across the globe,” he said.

“Evolution is one of the biggest gold miners on the ASX.”

Similar to Ansell, the Evolution share price is on an upward swing. 

“The share price has risen from $1.81 on October 21, 2022, to trade at $3.33 on January 12, 2023,” said Gable.

“We expect the upward trend to continue. In our view, any short-term weakness presents a buying opportunity.”

The post ‘No signs of weakness’: Expert names 2 ASX shares to buy just starting their rise appeared first on The Motley Fool Australia.

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• 5 things to watch on the ASX 200 on Tuesday
• 5 things to watch on the ASX 200 on Thursday
• Will 2023 be a golden year for ASX 200 mining shares?
• What’s the outlook for ASX 200 gold shares in 2023?
• Could ASX 200 gold shares provide a safe haven for investors in 2023?

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 Ansell. 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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If you were asked what your biggest investment mistake was, you’d likely think of a stock that almost shrunk to $0.

But one expert reckons that would not be your biggest error.

US financial expert Brian Feroldi, in his Long-Term Mindset newsletter, revealed some of the startling mistakes he and his fellow commentators have made over the years.

“In 2009, Brian Stoffel sold Alphabet Inc (NASDAQ: GOOGL) for a split-adjusted US$10 per share. He’s missed out on 820% returns — a mistake costing tens of thousands of dollars,” said Feroldi.

“In 2007, Brian Feroldi sold DexCom Inc (NASDAQ: DXCM) for a split-adjusted US$2 per share. He’s missed out on 5,800% returns — a mistake costing hundreds of thousands of dollars.”

Those are painful enough, but the third error was a whopper.

Brian Withers sold Netflix Inc (NASDAQ: NFLX) shares in 2010 for a split-adjusted US$20.

“He missed out on 1,500% returns. Because it was his largest position, this mistake cost him millions of dollars.”

Loss aversion

What do these massive mistakes have in common?

They were all bad selling decisions rather than buying errors.

And the same motivator was behind the sale of all three shares — loss aversion.

Loss aversion is the psychological phenomenon that sees humans trying a lot harder to protect what they have than to gain the same amount.

“Stoffel sold Google because he couldn’t believe that he’d made a quick thousand dollars. Feroldi wanted to lock in a small profit while he could,” said Feroldi.

“Withers — sitting on 20-bagger returns — was worried about losing all he’d gained.”

Look at the business, not the stock

According to Feroldi, each expert was so anxious about losing capital that “we lost sight of what actually mattered”.

That’s the long-term potential of the businesses.

So the three Brians are urging all long-term investors to learn from their mistakes and do exactly that.

“If we had looked at the businesses instead of the stocks, we’d likely have stayed put,” said Feroldi.

“Holding great companies for long periods of time isn’t easy. But, selling a future mega-winner early is one of the most costly investing mistakes that you can make.”

The post How to avoid the biggest mistake in investing: expert appeared first on The Motley Fool Australia.

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More reading

• Earn passive income with these ASX 200 dividend shares – experts
• 5 things to watch on the ASX 200 on Tuesday
• Buy QBE and this ASX 200 blue chip share: broker
• Morgans names 2 of the best ASX 100 shares to buy now
• Why did iron ore shares lag the ASX 200 on Monday?

Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Motley Fool contributor Tony Yoo has positions in Alphabet. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Alphabet and Netflix. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended DexCom. The Motley Fool Australia has recommended Alphabet, DexCom, and Netflix. 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 ASX 200 index is home to a large number of shares offering income investors attractive dividend yields.

But which ones should you buy over others?

Listed below are two that brokers rate as buys right now. Here’s what you need to know:

Elders Ltd (ASX: ELD)

This agribusiness company could be an ASX 200 dividend share to buy according to analysts at Goldman Sachs.

Its analysts believe the company’s shares were oversold in 2022, creating a buying opportunity for investors. This is because its analysts feel “the fundamentals of this company remain unchanged, and strong in our view.” Goldman also believes “ELD is very well positioned to grow through the cycle.”

The broker has a conviction buy rating and $18.40 price target on the company’s shares at present.

As for dividends, Goldman is forecasting fully franked dividends per share of 53 cents in FY 2023 and 57 cents in FY 2024. Based on the current Elders share price of $10.05, this will mean yields of 5.3% and 5.7%, respectively.

Macquarie Group Ltd (ASX: MQG)

This investment bank could be another ASX 200 dividend share to buy. That’s the view of Morgans, which believes Macquarie is well-placed for the long term.

It highlights the company’s “exposure to long-term structural growth areas such as infrastructure and renewables” and its potential to “benefit from recent market volatility through its trading businesses.”

Morgans has an add rating and $214.30 price target on Macquarie’s shares.

In respect to dividends, the broker is expecting Macquarie to pay partially franked dividends of $7.05 per share in FY 2023 and $7.36 per share in FY 2024. Based on the current Macquarie share price of $180.00, this implies yields of 3.9% and 4.3%, respectively.

The post Earn passive income with these ASX 200 dividend shares – experts appeared first on The Motley Fool Australia.

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More reading

• Morgans names 2 of the best ASX 100 shares to buy now
• Up 20% in 6 months, is the Westpac share price now fully valued?
• How I’d invest my very first $500 in ASX shares in 2023
• Which ASX 200 bank shares are the ones to buy in 2023?
• Here are some top ASX dividend share ideas according to experts

Motley Fool contributor James Mickleboro has positions in Westpac Banking. 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 Elders and Westpac Banking. 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) started the week with a strong gain. The benchmark index rose 0.8% to 7,388.2 points.

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

ASX 200 expected to fall

The Australian share market looks set to end its winning streak on Tuesday despite a positive night of trade in Europe. According to the latest SPI futures, the ASX 200 is poised to open the day 18 points or 0.25% lower. In Europe, the DAX rose 0.3% and the FTSE pushed 0.2% higher. Wall Street was closed for a public holiday.

Oil prices run out of steam

Energy shares Beach Energy Ltd (ASX: BPT) and Santos Ltd (ASX: STO) could have a difficult day after oil prices pulled back overnight. According to Bloomberg, the WTI crude oil price is down 1.3% to US$78.87 a barrel and the Brent crude oil price is down 1.3% to US$84.20 a barrel. Traders appear to have been taking profit after some strong gains.

Qantas rated as a buy

Goldman Sachs has reiterated its conviction buy rating and $8.20 price target on Qantas Airways Limited (ASX: QAN) shares. This follows the release of industry data that indicates “2H23 domestic capacity at 102% of pre-COVID & Int’l at 80%; both ahead of market.” Goldman added: “We believe the stock is not appropriately pricing QAN’s improved earnings capacity.”

Gold price edges lower

Gold miners Evolution Mining Ltd (ASX: EVN) and Regis Resources Limited (ASX: RRL) could have a soft day after the gold price edged lower overnight. According to CNBC, the spot gold price is down 0.2% to US$1,917.3 an ounce. The gold price is trading near a nine-month high despite this softness.

Super Retail can keep climbing

The Super Retail Group Ltd (ASX: SUL) share price rocketed higher on Monday after the release of a strong update. This went down well with Goldman Sachs, which has reiterated its buy rating and with an improved price target of $14.20 on its shares. Goldman said: “SUL is our preferred pick in discretionary apparel/footwear space given outdoor/functional category resilience as well as the company’s focus on driving consumer experience via loyalty (~70% of sales) and unique omni-channel experience.”

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

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More reading

• Here are the top 10 ASX 200 shares today
• Here are the 3 most heavily traded ASX 200 shares on Monday
• BHP share price hits milestone $50 mark on Monday
• Shareholders rejoice! Qantas share price hits post-market-crash high
• This ASX 200 retail share is booming 10% on an ‘outstanding first-half result’

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 Super Retail Group. The Motley Fool Australia has positions in and has recommended Super Retail 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 team at Morgans regularly picks out its best ASX share ideas. These are the ASX shares that the broker thinks offer the highest risk-adjusted returns over a 12-month timeframe supported by a higher-than-average level of confidence.

On the list at the moment are the two ASX 100 shares listed below. Here’s why the broker believes these are among the best shares to buy right now:

Aristocrat Leisure Limited (ASX: ALL)

The first ASX 100 share that Morgans is tipping as a best buy is gaming technology company Aristocrat Leisure.

The broker likes the company due to its strong balance sheet, leadership position, and real money gaming opportunity. It explained:

ALL is a global market leader in the rapidly-growing land-based gaming and mobile gaming industries. It has delivered revenue growth of 17% pa over the past five years and 80% of revenue in FY21 was recurring. We expect ALL to continue to take market share in all its product segments. Demand for its gaming machines and digital games is resilient to economic cycles, though has slowed in recent months, leading the share price down. ALL’s 1-year forward P/E has derated to less than 20x from a high of 30x last September. With $3.3bn of currently available liquidity, ALL has significant funding capacity for growth, even after the buyback. It has a stated ambition to build a meaningful presence in the rapidly-growing online real money gaming segment, which we believe may be achieved both through organic investment and inorganic acquisitions.

Morgans has an add rating and $43.00 price target on Aristocrat’s shares.

Westpac Banking Corp (ASX: WBC)

Another ASX 100 share making the list is Australia’s oldest bank, Westpac.

The broker rates this banking giant highly due to its return on equity potential. It also sees Westpac as a top option for income investors due to its fully franked dividend yield. Its analysts said:

We view WBC as having the greatest potential for return on equity improvement amongst the major banks if its business transformation initiatives prove successful. The sources of this improvement include improved loan origination and processing capability, cost reductions (including from divestments and cost-out), rapid leverage to higher rates environment, and reduced regulatory credit risk intensity of non-home loan book. Yield including franking is attractive for income-oriented investors, while the ROE improvement should deliver share price growth.

Morgans has an add rating and $25.80 price target on Westpac’s shares. It also expects a fully franked 6%+ dividend yield in FY 2023.

The post Morgans names 2 of the best ASX 100 shares to buy now appeared first on The Motley Fool Australia.

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• Up 20% in 6 months, is the Westpac share price now fully valued?
• Top brokers name 3 ASX shares to buy next week
• Here are the top 10 ASX 200 shares today
• How I’d invest my very first $500 in ASX shares in 2023
• Which ASX 200 bank shares are the ones to buy in 2023?

Motley Fool contributor James Mickleboro has positions in Westpac Banking. 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 Westpac Banking. 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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Iron ore shares struggled against the ASX 200 on Monday.

Fortescue Metals Group Ltd (ASX: FMG), Rio Tinto Ltd (ASX: RIO) and BHP Group Ltd (ASX: BHP) trailed the benchmark index at market close.

Fortescue shares slid 2% today, while Rio Tinto shares slipped 0.1%. The BHP share price was up just 0.1% at the market close after hitting a milestone $50 per share high earlier today. The S&P/ASX 200 (ASX: XJO) jumped 0.82% to finish at 7,388.2 points at today’s close.

Let’s take a look at what may have weighed on iron ore shares on the ASX 200 today.

What happened?

News emerged yesterday that China’s economic planning agency would seek to crack down on surging iron ore prices by heightening its supervision, according to Bloomberg.

All three iron ore-producing giants — Fortescue, Rio and BHP — are impacted by the iron ore price, which can weigh on potential earnings and, therefore, investor sentiment.

China’s National Development and Reform Commission advised on Sunday it was interviewing companies relating to iron ore. In a statement (translated into English), the commission said:

The National Development and Reform Commission will continue to pay close attention to changes in the iron ore market and prices, and work with relevant departments to further study and take measures to severely crack down on illegal activities such as fabricating and disseminating information on price increases, hoarding, and price gouging, so as to effectively ensure the smooth operation of the iron ore market.

Iron ore futures on the Singapore Exchange have fallen 4.50% to US$119.85 at the time of writing.

The ASX 200 iron ore shares also produce other metals and minerals, including copper, nickel, zinc and aluminium. Aluminum is currently up 1.82%, while zinc is 2.74% higher, according to trading economics. Copper is down 1.16%, while nickel is sliding 0.85%.

Share price snapshot

The BHP share price has gained nearly 20% in the last 12 months.

Fortescue shares have climbed 4% in the past year.

The Rio Tinto share price has jumped 10% in the last 52 weeks.

The post Why did iron ore shares lag the ASX 200 on Monday? appeared first on The Motley Fool Australia.

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More reading

• BHP share price hits milestone $50 mark on Monday
• Why is the Fortescue share price being hammered on Monday?
• Is the BHP share price about to crack $50?
• 6 ASX mining shares just upgraded by brokers
• 4 ASX 200 shares celebrating Friday with new, 52-week highs

Motley Fool contributor Monica O’Shea 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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It has been a fruitful time to own Westpac Banking Corp (ASX: WBC) shares over the last six months. The Westpac share price has lifted by around 20% in that period.

Other ASX 200 bank shares have also performed well, with the Commonwealth Bank of Australia (ASX: CBA) share price up 14%, the National Australia Bank Ltd (ASX: NAB) share price rising 9% and the ANZ Group Holdings Ltd (ASX: ANZ) share price 13% higher.

Westpac stands above the rest over the past six months. But can this continue?

What’s driving Westpac shares?

The ASX banks are all expected to see improving profitability thanks to the higher official central bank interest rate.

Banks like Westpac are able to quickly pass on the interest rate rises to borrowers but give savers less of an interest rate rise. According to various media reporting, Treasurer Jim Chalmers has asked the Australian Competition and Consumer Commission (ACCC) to look at the rates offered on deposit accounts.

Being able to make more profit from the same loan book is a good help for Westpac.

Another aspect is that the business is looking to significantly reduce its cost base. In FY21, it spent $10.1 billion on underlying expenses, which were reduced to $9.4 billion in FY22. The target is $8.6 billion by FY24, Lower costs can improve the bank’s net profit position.

Are Westpac shares worth buying?

The ASX bank share could still be called cheap based on the conventional measure of looking at its price/earnings (p/e) ratio.

According to Commsec, the business is valued at under 12x FY23’s estimated earnings. Due to its low valuation, it could also pay a large dividend yield.

Commsec estimates suggest it could pay an annual dividend per share of $1.38. If paid, this would equate to a grossed-up dividend yield of 8.2%.

So, investors can still gain Westpac shares for a relatively low earnings multiple and a good dividend yield.

Of the analysts that Commsec cover, nine of them rate it as a buy, while four consider it a hold and four rate it as a sell.

The investment bank Goldman Sachs is among the brokers that rate the ASX bank share as a buy, with a price target of $27.68, according to Commsec. That suggests it could rise another 15% over the next year.

Foolish takeaway

Share prices often follow earnings over time. In other words, if Westpac shares are able to generate more profit, then this could drive shareholder returns for investors.

However, on the horizon, there is a concern about how much the higher interest rates will lead to higher arrears. I’m inclined to think that bad debts are going to rise by the end of 2023.

The post Up 20% in 6 months, is the Westpac share price now fully valued? appeared first on The Motley Fool Australia.

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More reading

• Broker forecasts CBA share price to slide 15%
• 5 things to watch on the ASX 200 on Monday
• The ASX 200 shares with a multi-billion-dollar tailwind
• Buy ANZ shares now for 19% upside AND generous dividend income: broker
• 3 ASX 200 shares I own for big dividends in 2023

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 recommended Westpac Banking. 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) kicked off the week strong, leaping 0.82% on Monday to close at 7,388.2 points.

That was despite a lacklustre performance from mining shares. The S&P/ASX 200 Materials Index (ASX: XMJ) lifted just 0.2% today as lithium stocks and iron ore giants weighed on the sector.

The S&P/ASX 200 Information Technology Index (ASX: XIJ), on the other hand, led the market’s gains, lifting 1.8%.

It was also a good day to be invested in ASX 200 bank shares. Shares in the big four banks rose between 0.7% and 1.6% on Monday after many of their New York-listed peers leapt on quarterly earnings on Friday.

Finally, the S&P/ASX 200 Energy Index (ASX: XEJ) rose 1.5% on Monday following a strong Friday session for oil prices.

So, with all that in mind, let’s take a look at the 10 shares taking out today’s top spots on the ASX 200.

Top 10 ASX 200 shares countdown

Today’s top-performing ASX 200 share was none other than Super Retail Group Ltd (ASX: SUL). Shares in the retailer jumped 7.7% to close at 12.34.

The company provided a glimpse into its record first half this morning, with revenue for the period expected to come in at close to $2 billion.

These shares made today’s biggest gains:

ASX-listed company	Share price	Price change
Super Retail Group Ltd (ASX: SUL)	$12.34	7.68%
Megaport Ltd (ASX: MP1)	$7.35	7.46%
Imugene Limited (ASX: IMU)	$0.17	6.25%
New Hope Corporation Limited (ASX: NHC)	$6.52	4.82%
Xero Limited (ASX: XRO)	$74.31	4.56%
Netwealth Group Ltd (ASX: NWL)	$13.73	4.17%
WiseTech Global Ltd (ASX: WTC)	$53.99	4.01%
Domain Holdings Australia Ltd (ASX: DHG)	$3.12	4%
Novonix Ltd (ASX: NVX)	$1.82	4%
Seek Ltd (ASX: SEK)	$24.08	3.79%

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.

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More reading

• Here are the 3 most heavily traded ASX 200 shares on Monday
• BHP share price hits milestone $50 mark on Monday
• This ASX 200 retail share is booming 10% on an ‘outstanding first-half result’
• Guess which ASX All Ords tech share is soaring 8% on boosted forecast earnings
• Attention income investors! These 7 ASX 200 dividend shares are projecting yields of 7%+ in FY24

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 Megaport, Netwealth Group, Super Retail Group, WiseTech Global, and Xero. The Motley Fool Australia has positions in and has recommended Netwealth Group, Super Retail Group, WiseTech Global, and Xero. The Motley Fool Australia has recommended Megaport and Seek. 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 All Ordinaries Index (ASX: XAO) is back in the green on Monday, helped along by shares in these four companies.

They’re each starting the week off on the right foot, soaring more than 10% today.

Meanwhile, the All Ordinaries Index is up 0.77%, trading at 7,598.3 points.

So, what’s driving the All Ords stocks higher today? Let’s take a look.

4 ASX All Ordinaries shares leaping more than 10% today

Leading the All Ordinaries today is lithium share Ioneer Ltd (ASX: INR). It’s launching 20.22% right now to trade at 54.7 cents a share.

The stock’s gains come amid news the company has been offered a US$700 million loan from the United States Department of Energy to help fund the development of its Rhyolite Ridge lithium-boron project in the US state of Nevada.

The project is expected to strengthen the United States’ critical mineral supply chain.

Joining the All Ordinaries lithium share in the green today is stock in Kogan.com Ltd (ASX: KGN). Shares in Kogan are up 12.9% right now, swapping hands for $4.55 apiece.

That’s despite no news having been released by the online retailer. In fact, there’s been no word from the company since CEO Ruslan Kogan said it’s on track to return to its “historic growth trajectory and profitability” in November.

The Bigtincan Holdings Ltd (ASX: BTH) share price is also bolstering the All Ordinaries Index today. It’s rising 13.59% to trade at 58.5 cents a share.

The artificial intelligence-powered software provider revealed its annual recurring revenue (ARR) surpassed $130 million in the first half of financial year 2023.

And with that, the tech stock remains on track to reach its full-year guidance of $137 million to $143 million of ARR, between $123 million and $128 million of revenue, and positive cash flow and adjusted earnings before interest, tax, depreciation, and amortisation (EBITDA).

The final All Ordinaries share soaring more than 10% today is former market favourite Zip Co Ltd (ASX: ZIP). Shares in the buy now, pay later (BNPL) provider are gaining 10.25% right now to trade at 67.25 cents apiece.

Like Kogan before it, there’s been no word from the company to explain today’s gains. Though, it’s been on a roll so far this year. The stock has jumped 33% since the final close of 2022.

The post 4 ASX All Ordinaries shares surging over 10% on Monday appeared first on The Motley Fool Australia.

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More reading

• 3 ASX mining shares going gangbusters on Monday
• Here are the 10 most shorted ASX shares
• Guess which ASX lithium share just rocketed 27% on a $1 billion US Government loan
• Why has the Zip share price already bolted 21% higher in 2023?
• Here are the 10 most shorted ASX shares

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 Bigtincan, Kogan.com, and Zip Co. The Motley Fool Australia has positions in and has recommended Bigtincan and Kogan.com. 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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