The Core Lithium Ltd (ASX: CXO) share price is plummeting amid a broader sell-off event in which S&P/ASX 200 Index (ASX: XJO) miners are being crushed.

Stock in the lithium favourite is down 8.7% at the time of writing, trading at $1.26.

Comparatively, the ASX 200 has tumbled 1.9% right now. At its intraday low, the index was trading just 0.4% higher than the 52-week low it set in June.

Let’s take a closer look at what’s going wrong for the soon-to-be lithium producer on Monday.

Core Lithium share price dives 8% amid ASX 200 sell-off

The Core Lithium share price is helping to drag the ASX 200 even deeper into the red today despite the company’s silence.

The stock is currently the S&P/ASX 200 Materials Index (ASX: XMJ)’s worst performing constituent.

In turn, the sector is tumbling 4.6% right now, leaving it outperforming only the S&P/ASX 200 Energy Index (ASX: XEJ). The energy sector is down a whopping 6% at the time of writing.

While a falling oil price appears to be weighing on the energy sector right now, fears of an impending recession are seemingly taking their toll on ASX 200 miners.

Today’s tumble also sees Core Lithium’s stock trading 10% lower than it was at the end of last month. Interestingly, that’s the last time the market heard price-sensitive news from the company.

Then, it announced the final date on which it was expected to complete its offtake negotiations with electric vehicle giant Tesla Inc (NASDAQ: TSLA) had been pushed back to next month.

Despite its recent suffering, however, the Core Lithium share price is still more than 100% higher than it was at the start of 2022. It has also gained over 200% since this time last year.

The post Why is the Core Lithium share price cratering 9% on Monday? appeared first on The Motley Fool Australia.

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More reading

• Here’s which ASX lithium shares investors have been loading up on this month
• Which ASX lithium shares are performing best in 2022?
• Why has the Core Lithium share price cratered 15% in a week?
• Guess how many companies in the ASX 300 actually make no money
• Is this prediction great news for ASX lithium 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 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 Commonwealth Bank of Australia (ASX: CBA) share price has come under pressure with the rest of the market on Monday.

In morning trade, the banking giant’s shares are down 1% to $92.74. This means the CBA share price is now down approximately 6% since this time last month.

While this is disappointing for shareholders, it does make the bank’s shares more attractive for non-shareholders. Particularly given the generous dividend yields that its shares traditionally offer investors.

In light of this, let’s take a look to see what the market is expecting from the CBA dividend in 2023.

How big will the CBA dividend be in 2023?

As a reminder, the banking giant released its full year results in August and declared a fully franked final dividend of $2.10 per share.

This brought the CBA dividend for FY 2022 to a total of $3.85 per share, which was up 10% year over year.

The good news for investors is that the team at Credit Suisse is expecting another decent increase in FY 2023.

According to a recent note, its analysts are forecasting a fully franked $4.25 per share dividend over the next 12 months. This will be a 10.3% increase year over year and, thanks to recent weakness in the CBA share price, will mean a generous 4.6% dividend yield for investors.

Another positive is that although Credit Suisse only has a neutral rating on the shares of Australia’s largest bank, its price target is meaningfully higher than current levels.

Credit Suisse has a price target of $102.80, which implies potential upside of almost 11% for investors. Including dividends, the total potential return widens to almost 16%.

The post How big will the CBA dividend be in 2023? appeared first on The Motley Fool Australia.

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More reading

• Why is the CBA share price falling the hardest of the big four today?
• What’s with the CBA share price on Wednesday?
• Here’s why I decided to buy each of the big 4 ASX 200 bank shares
• Looking to buy CBA shares? Here’s how the bank’s balance sheet stacks up
• Which ASX 200 bank share will win the great tech battle?

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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Sometimes we can make the mistake of avoiding an investment purely because it has gone up. The Pilbara Minerals Ltd (ASX: PLS) share price has made a tantalising gain of 30% in a month, even with today’s 7% dive. So, could passing up on Pilbara Minerals shares be a costly decision?

We take a look at what some experts in the industry think of this ASX-listed lithium titan following its remarkable performance. Could there still be money left on the table, or could it be overblown hype on the future of lithium?

Could Pilbara Minerals shares still light up a portfolio?

Peering back at the end of 2020, Pilbara Minerals was beginning to tap into a resurgence in lithium expectation. The company’s shares had tripled in value that year, despite recording a loss of $57 million on $105 million in revenue.

Fast forward to today, and Pilbara Minerals’ fundamentals have grown into the prior speculation. At the end of June 2022, the $14.5 billion company posted an astounding $561.8 million profit on $1.19 billion in revenue. That’s right, a 47% profit margin… incredible!

However, the future success of Pilbara Minerals and its shares is likely to be highly contingent on where the lithium price heads next. Fortunately, the team over at Wilsons believes there are even brighter days still to come for the critical battery material.

As previously penned by my colleague, Tony Yoo, Wilsons is noticing a potential dislocation between expectations and future reality for available lithium supply. As such, the team at Wilsons said:

We believe there could be significant upside to the forecast long-term price if there is a supply-demand imbalance and the current price profile looks too pessimistic.

Wilsons also pointed to Pilbara Minerals as one ASX lithium share they like in the space.

In addition, private client advisor Jean-Claude Perrottet of Medallion Financial Group labelled Pilbara Minerals shares a hold in a recent article on The Bull. According to Perrottet, “The outlook is bright if prices remain elevated”.

What about valuation?

Right now, investors in Pilbara Minerals shares are getting a lithium producer at around 26 times price-to-earnings (P/E). For comparison, its peer average earnings multiple sits around 19 times.

However, the company is currently saddled with cash. As at 30 June 2022, Pilbara tallied up $591.7 million in cash and equivalents, with only $234.7 million in debt. This gives it a net cash position of approximately $357 million.

The Pilbara Minerals share price has far exceeded the returns of the S&P/ASX 200 Index (ASX: XJO) over the last year. The high-flyer has run up a 108% positive return for its shareholders, while the benchmark has fallen 12%.

The post Exploding 30% in a month, is it too late to buy Pilbara Minerals shares? appeared first on The Motley Fool Australia.

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More reading

• Our 4 favourite lithium ASX shares right now: Wilsons
• Are you attracted to ASX losers?
• Here are the 3 most heavily traded ASX 200 shares on Friday
• Here’s which ASX lithium shares investors have been loading up on this month
• Why is the Sayona Mining share price in the doldrums this week?

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 Ramsay Health Care Limited (ASX: RHC) share price is starting the week in the red.

In morning trade, the private hospital operator’s shares are down 7% to a two-year low of $56.10.

What’s going on with the Ramsay share price?

The Ramsay share price has come under pressure on Monday after the company released an update on takeover talks with a consortium of financial investors led by KKR.

As a reminder, earlier this month Ramsay received correspondence from KKR regarding its conditional, non-binding, indicative proposal to acquire Ramsay by way of a scheme of arrangement.

That correspondence noted that the consortium was not in a position to improve the terms of the alternative proposal. Furthermore, it highlighted that the information provided in Ramsay’s FY 2022 results implied that there was meaningful downward pressure on the valuation proposed under the alternative proposal.

According to today’s update, since the receipt of this correspondence, Ramsay and its financial advisers have engaged with the consortium and its advisers in an effort to understand whether a new proposal could be put forward that would provide appropriate value for shareholders and be able to be implemented in a reasonable timeframe.

However, as you might have guessed from the Ramsay share price performance today, it has become apparent to the company that the consortium is unable to provide a new proposal at this time.

As a result, the two parties have mutually agreed to terminate discussions.

Ramsay will now focus on driving its strategy to be a leading integrated healthcare provider of the future and the creation of long-term value for shareholders. The company intends to provide a business update in November.

The post Ramsay share price sinks 7% to two-year low on failed takeover deal appeared first on The Motley Fool Australia.

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More reading

• Here are the top 10 ASX 200 shares today
• Top brokers name 3 ASX shares to buy today
• Why Grange, Link, Ramsay, and Whitehaven Coal shares are dropping
• Ramsay share price tumbles 11% as suitor refuses to improve takeover offer
• No deal? Here’s why the Ramsay share price is on ice

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 Ramsay Health Care Limited. 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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This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

There are personal reasons to sell a stock. And there are investing-related reasons to sell a stock.

Most often, personal finance drives the decision to sell a stock because you need the money. You need to pay your child’s tuition. You need to pay the IRS. Your dog tore her ACL and she’s going to need a bionic knee (apparently). One reason we all invest is to have the money we need when we need it. 

Whenever you sell, though, you’re giving up the long-term growth potential of your investment capital. There are times when you want or need to do that, but it’s important to keep that general principle in mind.

By contrast, sometimes you should sell a stock because you’ve made an investing mistake. Your initial analysis turns out to have been wrong, you’ve lost faith in management, or the company has done something else to change your mind about its future. For me, though, it’s the personal reasons that are more painful. Here’s why.

2022 is a bear market

This is a bad year to be selling stock. Ideally, you’d have a cash cushion to cover unexpected financial needs. That way, you wouldn’t have to sell stocks in a down market.

I take a different approach. I’m usually 100% invested in the market, because unfortunately for me, I don’t have a saver’s mentality. If I have cash, I want to spend it. When I was a kid my father once gave me $20 to put in my wallet for emergency situations. You know what I did with that $20? I spent it. “I really need this video game, it’s an emergency.” So to trick my brain, I “spend” money investing in stocks.

The problem with that approach is that when an actual financial emergency pops up, I don’t have that cash to cover it. Instead, I have to find a stock to sell, even though I hate doing it.

The advantage of this approach is that it has worked to instill patience in my investing most of the time. If I don’t need cash, then I just don’t sell. That’s helped me stick with a stock even when it goes through a bad period.

A case study: My dog Vanna just tore her ACL

Still, it can be painful when those emergencies happen. When my dog tore the canine equivalent of her ACL, I had to raise some cash. Which of my favorite stocks am I going to sell to raise some cash? This is going to hurt. But I love my dog more than my stocks. So I had to sell something.

The problem is that I hadn’t lost faith in anything about the companies whose shares I owned. Ironically, I ended up choosing Freshpet, Inc. (NASDAQ: FRPT), which like many stocks has had a terrible year.

I know why Freshpet has seen its share price fall. inflation is awful, and people are cutting costs and nobody wants to spend a lot of dollars on high-end meat for their dogs. The other day I was shopping in the grocery store. And some guy, out of the blue, started talking to me about how crazy it was that people are buying refrigerated food for their pets.

I didn’t mention that I do that (I try not to argue with strangers in grocery stores). But it occurred to me that a lot of people don’t like spending a lot of money on their dogs, especially in bad economic climates. 

Sometimes I talk up my stocks with strangers. And dog people, we’re always running into other dog people. So I’d say, “Hey, have y’all tried Freshpet? My dog loves it.”

They would say, “Oh yeah, how much does that cost?”

I would say, “It costs a lot. It’s on the high end.”

They would say, “I really don’t want to spend that much.”

Forced to make a decision between Freshpet and the other high-conviction stocks I own, conversations like that would lodge in my brain. It is expensive dog food. Maybe it caters to a more high-end niche and a lot of people don’t want to spend the money. In the end, my Freshpet investment went toward saving my dog.

Have a cash cushion!

No hard feelings, though. I love my dog more than my Freshpet shares. And I’ll be back when I raise the cash.

If I had a bunch of cash in a savings account, or even a checking account, I would still have my Freshpet shares. I’d be able to participate in what I hope is a big rebound, as I still think Freshpet could be a 10-bagger from here.

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

The post When should you sell stocks? appeared first on The Motley Fool Australia.

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More reading

• Ramsay share price sinks 7% to two-year low on failed takeover deal
• Why this expert has a ‘positive long-term view’ on the CSL share price
• Can Wesfarmers shares ‘ride out pressures on household budgets’?
• Star Entertainment share price dips as acting CEO resigns
• BHP share price dips 4% in miserable Monday for ASX 200 miners

Taylor Carmichael 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 Freshpet. 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.

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

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Our market is in for a rough ride but the weakness could present longer-term investors with a buying opportunity for CSL Limited (ASX: CSL) shares.

Shares in the global biotech slipped 0.1% in early trade before bouncing 0.2% higher at $278.72.

That’s a good outcome given that the S&P/ASX 200 Index (ASX: XJO) crashed 1.5% on recession fears.

Why the CSL share price is a long-term buy

The volatility is likely to stay for a while, but that won’t change the positive view on the shares from Medallion Financial Group’s Jean-Claude Perrottet.

New technology and demand for flu vaccinations are some of the reasons for his “buy” recommendation on the CSL share price, according to The Bull. He said:

Full year results for this blood products company were positive in response to strong demand for flu vaccines, in our view.

CSL is rolling out new technology in the US, which reduces plasma donation procedure times by about 30 per cent. These innovations should improve the collection process and, as a result, we retain a positive long-term view on CSL.

Court ruling gives a secondary boost

He isn’t the only one that is bullish on the CSL share price either. This is particularly so after a US District Court for the District of Columbia issued a favourable ruling on blood donations.

The preliminary injection prevents US border officials from enforcing a ban on paid plasma donations from Mexicans that enter the US on USB1/B2non-immigrant visas, noted Morgan Stanley.

US border officials had previously said that such donations were a violation of the terms of the visa.

What is the CSL share price worth?

Morgan Stanley commented:

CSL has 304 centers in the US with ~16 near the US/Mexican Border – which we estimate may have accounted for ~10% of plasma collections. If the US border issue is resolved this would be a clear positive for CSL.

Morgan Stanley has an overweight recommendation on the CSL share price with a price target of $323 a share.

This positive view was echoed by Citigroup, although the broker doesn’t think this development has a major impact on CSL.

Citi said:

This is a positive for the industry which has just recently seen plasma collections reach pre-pandemic levels. For CSL the impact will positive, but relatively small.

Nonetheless, Citi is recommending investors buy the CSL share price. Its 12-moth price target is $340 a share.

The post Why this expert has a ‘positive long-term view’ on the CSL share price appeared first on The Motley Fool Australia.

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More reading

• CSL share price tipped to rise 23% by Citi
• Brokers name 3 ASX shares to buy today
• Top brokers name 3 ASX shares to buy today
• Could the CSL share price be set for a boost before the year’s end?
• Looking to buy ASX shares? Expert reveals ‘one metric to assess the quality of a business’

Motley Fool contributor Brendon Lau has positions in CSL Ltd. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended CSL Ltd. 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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Those invested in S&P/ASX 200 Index (ASX: XJO) consumer discretionary stocks are likely aware that rising inflation and interest rates can pose a risk to companies operating in the space. But shares in Wesfarmers Ltd (ASX: WES) could be well positioned to dodge major impacts.

The company is behind such iconic retail brands as Bunnings, Kmart, and Officeworks. And that could be its saving grace, according to one expert.

Right now, the Wesfarmers share price is trading at $43.34, 0.14% higher than its previous close.

For context, the S&P/ASX 200 Index (ASX: XJO) is currently 1.98% lower while the S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) is down 0.68%.

Let’s look at why this fundie expects Wesfarmers shares will push through Australians’ increasingly tight purse strings.

Could this buoy Wesfarmers shares amid cost of living pressures?

Rising inflation and interest rates generally increase the cost of living. This, in turn, often drives consumers to hold onto their hard-earned cash, rather than funnelling it into discretionary spending.

But Wesfarmers’ “strong retail brands” should allow it to “ride out pressures on household budgets”, Seneca Financial Solutions investment advisor Arthur Garipoli says, courtesy of The Bull.

Garipoli noted Bunnings contributes significantly to the company’s earnings and faces fewer risks of potentially weakening consumer spending.

The business brought in $2.2 billion of pre-tax earnings last financial year, a 0.9% year-on-year improvement despite the impact of COVID-19-induced lockdowns.

On announcing the company’s full-year earnings, Wesfarmers managing director Rob Scott highlighted the “resilience of [Bunnings’] operating model and ability to deliver growth through a range of market conditions”.

Indeed, Garipoli said Aussies are likely to continue shopping at the hardware chain as they invest in their homes despite the rising cost of living. As a result, he rates Wesfarmers shares as a hold.

In addition to Bunnings’ resilience, Wesfarmers has an often-elusive trait that could help buoy its earnings – pricing power.

As my Fool colleague Mitch reported last month, the company’s pricing power could help it dodge the worst inflationary impacts.

Finally, broker Morgans has dubbed Wesfarmers’ retail portfolio “one of the highest quality … in Australia”.

It has an add rating and a $55.60 price target on the company’s stock, representing a potential 29% upside, as The Motley Fool Australia’s James reports.

The post Can Wesfarmers shares ‘ride out pressures on household budgets’? appeared first on The Motley Fool Australia.

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More reading

• 4 reasons I added Wesfarmers shares to my portfolio
• Experts name 2 top ASX dividend shares to buy next week
• Own Wesfarmers shares? Here’s where the health business is heading
• Down 23% in 2022, are ASX investors throwing Wesfarmers shares out with the bathwater?
• 2 excellent ASX dividend shares experts rate as buys

Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended Wesfarmers Limited. 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 Star Entertainment Group Ltd (ASX: SGR) share price is snowballing today following a sudden change to its leadership team.

While most of the ASX market is treading lower, the Star Entertainment share price is one of the many companies leading the downfall.

At the time of writing, the casino and resort operator’s shares are down 4.44% to $2.58.

For context, the S&P/ASX 200 Index (ASX: XJO) is sinking by 1.94% to 6,447 points.

What did Star Entertainment announce?

The Star Entertainment share price is falling after announcing the shock resignation of its acting CEO, Geoff Hogg.

According to its release, Star Entertainment advised that the board has accepted Hogg’s resignation. The final departure date is yet to be confirmed.

In the meantime, Hogg will work with members of the board to ensure a smooth transition of executive responsibilities.

Effective immediately, Ben Heap will assume the role of executive chair until Robbie Cooke takes over as the permanent managing director and CEO.

While no reason was given regarding Hogg’s surprise departure, the company said it will provide a “further announcement once Cooke’s commencement is finalised”.

Star Entertainment share price snapshot

Adding to today’s losses, Star Entertainment shares have fallen more than 40% over the past 12 months. 

The company’s shares hit a 52-week low of $2.48 cent back in June, before moving into a sideways channel.

Based on today’s price, Star Entertainment has a market capitalisation of $2.57 billion.

The post Star Entertainment share price dips as acting CEO resigns 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 top 10 ASX 200 shares today
• Here are the top 10 ASX 200 shares today
• Star Entertainment share price jumps despite ‘shocking’ report
• Star Entertainment share price halted amid licence probe

Motley Fool contributor Aaron Teboneras 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 BHP Group Ltd (ASX: BHP) share price has taken a tumble on Monday morning.

At the time of writing, the mining giant’s shares are down 4.5% to $36.49.

This leaves the BHP share price trading within touching distance of a 52-week low of $35.56.

What’s going on with the BHP share price today?

Investors have been selling down the BHP share price today amid broad market weakness following a selloff on Wall Street.

That selloff saw the Big Australian’s US listed shares also tumble by the same margin on Friday night.

This was driven by concerns that aggressive rate hikes could lead to a global recession. This would have obvious consequences for demand for commodities, which explains why the materials and energy sectors are recording the heaviest declines today.

The S&P/ASX 200 Materials index is down 4.3% in morning trade.

Is this a buying opportunity?

Analysts at Macquarie are likely to see the weakness in the BHP share price as a buying opportunity.

Earlier this month, the broker put an outperform rating and $42.00 price target on the miner’s shares.

This implies potential upside of 15% for investors over the next 12 months. And that’s not including the generous dividends that Macquarie is expecting.

It is currently forecasting a fully franked 6.8% dividend yield in FY 2023, which stretches the total potential return to almost 22%.

The post BHP share price dips 4% in miserable Monday for ASX 200 miners appeared first on The Motley Fool Australia.

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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 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 disappointing start to the week for the Costa Group Holdings Ltd (ASX: CGC) share price.

In morning trade, the horticulture company’s shares are down a sizeable 12% to $2.24.

Why is the Costa share price being sold off?

While the market is a sea of red on Monday, the Costa share price is falling more than most following the release of a shock announcement.

According to the release, the company has revealed that its CEO and managing director, Sean Hallahan, will step down with immediate effect after just 18 months in the role.

Costa has been quick to find an interim replacement. It has appointed Harry Debney as its interim CEO from today. Debney is currently a non-executive director and former CEO of Costa.

Hallahan will support with the transition for a short handover period that is anticipated to conclude in mid-October.

What’s going on?

While no real reason was given for Hallahan’s sudden exit, it appears to be an amicable one.

Costa’s chair, Neil Chatfield, said:

During Sean’s 5 years with the organisation including as Chief Operating Officer and since March 2021 as CEO and Managing Director, he has played a pivotal role in Costa’s development and growth.

We understand that the last 2 years, particularly in Victoria, have taken a large toll on the business and personal lives of individuals. Under Sean’s leadership Costa has performed extremely well during a challenging period with global Covid-19 disruptions and extreme weather conditions being successfully navigated and is in a strong financial position. The Board and all the Costa Team thank Sean for his contribution to the company and wish him well for the future.

Hallahan added:

I am proud to leave Costa in a strong position financially and operationally. Reaching my decision has been a process and there are several things that have gone into my decision. It has been an intense couple of years in agriculture made even more challenging with the overlay of the COVID-19 pandemic. It has been a privilege to lead Costa and to have been part of an outstanding team of people for five years. I wish Costa and its employees all the best for the future.

The post Costa share price craters 12% as CEO walks appeared first on The Motley Fool Australia.

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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 no position in any of the stocks mentioned. The Motley Fool Australia has recommended COSTA GRP FPO. 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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