The A2 Milk Company Ltd (ASX: A2M) share price is having a good month, gaining 13.5% over the past 30 days. But looking further back, the company has had a shocking few years.

A2 Milk shares have fallen 1% over five years despite hitting a record high of $20.05 in 2020. That’s compared to an 18% gain posted by the S&P/ASX 200 Index (ASX: XJO) over the last half-decade.

The A2 Milk share price last traded at $5.46.

But one top broker has tipped it to lift to as high as $6.60 – representing a potential 21% upside.

So, what’s got some experts bullish, and others not so much, about the milk and baby formula favourite? Keep reading to find out.

Is now the time to snap up A2 Milk shares?

Experts’ opinions are mixed regarding the future of the A2 Milk share price.

Some, like Goldman Sachs, are bearish. The broker has slapped the stock with a sell rating. Though, its $5.65 price target alludes to a potential 3.5% upside.

Others, including Wilsons investment advisor Peter Moran, aren’t so sceptical, tipping the company as a hold.

Moran labelled the company’s latest earnings “strong” but warned of “challenging” market conditions brought about by rising competition and China’s falling birth rate, The Bull reports.

A2 Milk’s revenue lifted close to 20% year-over-year in financial year 2022, reaching NZ$1.4 billion. Its after-tax profits also rose 42% to around NZ$115 million. The company also announced a NZ$150 million on-market share buyback.

Capital Wealth portfolio manager Tim Haselum has also branded A2 Milk a hold, according to the publication. He says the company’s share price already has notable upside factored in.

However, plenty of experts are bullish on the A2 Milk share price.

Perpetual Equity Investment Company believes A2 Milk has a strong brand and likes its balance sheet, which comprises more than NZ$800 million in cash and no debt, as The Motley Fool Australia’s Bruce Jackson reports.

And finally, top broker Bell Potter has slapped A2 Milk shares with a buy rating and a $6.60 price target, representing a potential 21% upside, as my Fool colleague James reports.

The company’s growing exports to China were behind much of the broker’s positive outlook.

The post A2 Milk shares: Buy, hold, or fold? appeared first on The Motley Fool Australia.

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• Could the A2 Milk share price be ready to leave the ‘doghouse’?
• Leading fund manager sees “material upside” to the a2 Milk share price
• Broker says the A2 Milk share price can charge even higher
• Why A2 Milk, BHP, Lovisa, and Nickel Industries shares are charging higher
• Why is the A2 Milk share price storming 6% higher on Monday?

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 Goldman Sachs. The Motley Fool Australia has recommended A2 Milk. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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ASX tech shares have been on a rollercoaster in 2022. Volatility has picked up this year as inflation increases and interest rates rise to try to calm down economic demand. But, with the share prices falling, it’s having an interesting effect on dividend yields.

Not only does a lower share price mean that the investment is cheaper, it also boosts the potential dividend yield for investors.

REA Group is invested in a number of local and international property sites. In Australia, it operates portals like realestate.com.au and realcommercial.com.au.

For example, if a business with a 4% dividend yield sees a 10% drop in the share price, then the dividend yield would become 4.4%.

So, with that in mind, let’s look at some of the ASX tech shares that do pay dividends but have seen a sell-off.

REA Group Limited (ASX: REA)

With both economic volatility and increased uncertainty about the property market, the REA Group share price has dropped almost 30% this year.

In FY22, the full-year dividend increased by 25% to $1.64 per share. At the current REA Group share price, it offers a trailing grossed-up dividend yield of 1.9%.

By FY24, the business could be paying a full-year dividend of 208.8 cents per share, according to CMC Markets. That would translate into a grossed-up dividend yield of 2.4%.

TechnologyOne Ltd (ASX: TNE)

TechnologyOne is a large ASX tech company that develops and provides a global enterprise resource planning (ERP) solution. It’s working hard on changing clients onto software-as-a-service (SaaS) contracts and services.

Since the beginning of 2022, the TechnologyOne share price has dropped by more than 12%.

In the FY22 half-year result, the business decided to grow its interim dividend by 10% to 4.2 cents per share. The trailing 12 months of dividends come to a grossed-up dividend yield of 1.6%.

By FY24, TechnologyOne could pay an annual dividend per share of 22 cents per share. That could equate to a grossed-up dividend yield of 2.5%.

Carsales.Com Ltd (ASX: CAR)

Carsales claims to be the largest online automotive, motorcycle, and marine classifieds business in Australia. It has operations across the Asia Pacific region and interests in leading online automotive classifieds businesses in Brazil, South Korea, Malaysia, Indonesia, Thailand, and Mexico.

Since the start of 2022, the Carsales share price has dropped by more than 17%. That’s despite the ASX tech company seeing a lot of purchasing demand for vehicles.

In the FY22 result, Carsales announced that its final dividend per share would increase by 9% to 24.5 cents. That brought the full-year dividend to 50 cents per share, which was a rise of 5.25%.

By FY24, the business could be paying an annual dividend of 67.3 cents per share. This could translate into a grossed-up dividend yield of 4.7%.

The post 3 beaten-up ASX tech shares that pay dividends appeared first on The Motley Fool Australia.

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Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended REA Group Limited, TechnologyOne Limited, and carsales.com 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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It’s 3.45am on Tuesday morning.

And, because I’m awake, I thought I’d do some writing.

As I contemplated what I’d write about, I wondered what many people may assume about me being up at this time.

Maybe that I couldn’t sleep, for worrying about recent stock market volatility.

Maybe that I was up watching US markets during their daytime.

It’s nothing quite so… exciting.

I’m awake early because my young bloke has been crook for the past few days, and he slept in our bed last night. The phrase ‘human windmill’ comes to mind and, well, it can be hard to sleep when there’s so much tossing and turning!

Plus, he’s also going to be off school again today, so I might as well get some work done while I can…

But it was those thoughts – that I might have markets on my mind – that prompted this piece.

See, neither of those things – worrying about volatility or ‘watching’ the markets – is something I do.

Surprised?

If you’re a regular reader, I hope not. If you’re newer here, you might wonder.

Aren’t investors supposed to have three or four computer screens on their trading terminals?

And ‘money never sleeps’, right?

Now, you’re smart people.

You know that by asking those rhetorical questions, the answer is clearly ‘no’.

But I want to explain why.

The truth is that I can’t remember ever being kept awake by the stock market.

And I invested during the dot.com boom and bust.

I invested during the GFC

And I invested during the COVID crash.

Don’t get me wrong, these were very unpleasant periods, where portfolios were often deeply in the red.

They were painful, ugly times.

But I didn’t lose any sleep.

No, I’m not boasting.

Nor am I super-human (or super-Vulcan, for the Star Trek fans).

I was just lucky enough to have learned, early, about the historical truth of investing.

More importantly, I was lucky enough that I was able to internalise that truth, and make it the centre of gravity for my investing.

And I can’t overstate how important that has been for me – or how important it could be for you.

See, the saying ‘those who fail to learn from history are doomed to repeat it’ might be true in many aspects of life.

But I think it’s the opposite for investors.

The lesson of history on the stock market is that compound gains of around 9% per annum have been the norm.

And that patiently investing – saving, adding, and waiting – has been an extraordinary way to build seriously impressive long-term wealth.

9%, compounded over the 30 years to June 30, 2022, would have turned a hypothetical $10,000 investment in the ASX into $130,000.

(And, happily for my narrative, that includes all three crashes – dot.com, GFC and COVID – that I mentioned earlier.)

If we’re ‘doomed’ to repeat those gains, bring it on!

Oh, in case you’re tempted to think ‘ah, but the dot.com crash was worse in the US’, you’re right. But $10,000 invested in US shares actually compounded at a faster rate than on the ASX over the past three decades, despite that!

But back to me.

When I started investing, I was able to learn and internalise that long-term history.

And to come to a place where I believe, as Mark Twain is quoted to have said, ‘history may not repeat, but it does rhyme’.

Now, for those who are wringing their hands about what we’re facing, economically, let me be clear: no, I don’t think it’s different this time.

I mean, we face different challenges, for sure.

Kinda.

This episode of high inflation might be new if you’re young, or haven’t studied history.

But it’s a pretty good echo of the early 1980s.

This global instability?

We’ve had more episodes of it than you could count on two hands, over the past century, and yet the ASX has gained around 9% per annum over that time.

(Remember: two world wars, numerous regional wars and conflicts, a cold war, high oil prices, high inflation, terrorism and much more.)

Now, I’m NOT saying we won’t have market volatility.

I’m saying precisely the opposite.

We’ll have volatility – just as we’ve had in the past.

But I’m saying I think the world’s stock markets will continue to deliver strong, long-term compound gains, despite that.

Why?

Because I don’t think humanity has peaked.

I don’t think we’ll look back and say “Yeah, 2021 was the best that democratic capitalism ever got… It was all downhill from there.”

I think our best days are ahead of us.

And I think that means history is likely to repeat… or at least rhyme.

And it’s why I don’t get stressed – or lose sleep – about market volatility (or, less euphemistically, share price falls).

Because I have been taught to – and I’ve internalised the process of – zooming out.

In 1992 – the start year for the 30-year numbers I mentioned earlier – we’d just got out of recession.

Though we didn’t know it at the time, five years later, we’d have the Asian Financial Crisis. Then three years after that, the dot.com crash, where the NASDAQ would lose some 85-odd percent of its value.

Who in their right mind would have invested in 1992?

Especially when you layer in a future that included terrorist attacks, wars in the Middle East and Afghanistan, a US housing collapse, the freezing of global credit markets and the worst pandemic in a century.

And they’re just the big ones. Every week, someone was telling you what was about to go wrong. ‘It’s the big one’, they’d say.

Sounds like a recipe for terrible returns.

And here’s the thing.

Even if those doom-and-gloomers had been able to accurately predict every single one of those terrible social and economic issues…

… you still could have turned $10,000 into $130,000!

And that is the lesson I’ve internalised.

(By the way, I’m not cherry-picking data – that average return holds pretty true over more than a century, with even more economic, social and geopolitical ructions during that time!)

The beauty of internalising that lesson?

Being able to zoom out means you don’t sweat the small movements.

Or even the big ones.

The ASX lost 38% in a touch over a month in early 2020.

Thirty. Eight. Per. Cent.

It sucked.

But I didn’t lose any sleep.

Why?

Because of the lessons of history, and my confidence in the long-term value creation of democratic capitalism.

In a world where people want to tell you, at every turn, how complex and difficult investing can be, I humbly disagree.

It is that simple.

I think the future is bright, not because there are no obstacles for us to climb, but despite the fact there are obstacles to climb.

It has always been thus.

And that’s the lesson of economic and stock market history.

And that’s why I don’t lose any sleep.

It’s also why I don’t have four monitors with squiggly lines on them: because I’m playing a different game.

Embracing the power of democratic capitalism means taking a big-picture view, not a minute-by-minute, heart-attack-inducing roller coaster ride of trying to guess short-term share price movements.

One last (related) thing: the shorter your chosen time horizon, the more stressful investing can be. But also, the less likely it is that those long-term forces will play out.

If you’re hoping for gains in a day, a week, a month or even a year, you’re taking a punt.

But also, I think you’re lowering your odds, perhaps meaningfully.

Because history also tells us that the longer your timeframe, the more likely you are to achieve results closer to that long-term average.

And don’t forget: with lifespans continuing to lengthen, even a retiree has likely got decades of investing potential left, let alone someone in their 30s, 40s or 50s.

(If you’re 50, you’ve been an adult for 32 years. And you’ll probably live, on average, another 35 or 40 years. You have more investing time ahead of you than behind you!)

Me?

I’m continuing to add money to my portfolio every month.

And I’m investing that money with a multi-decade time horizon.

Which means that whatever happens today, tomorrow, this year or next year is all but irrelevant.

But which also means I expect that in 2052, we’ll look back at 2022 and wish we’d all invested more money, today.

And that perspective is why I don’t lose sleep thinking about my portfolio.

Now, if only I could find a way to stop a 9yo tossing and turning, I could go back to bed…

(By the way, if you haven’t seen it, I recorded this video last week, when the US market fell. Different circumstances, but same theme. Have a look, if you haven’t already.)

[youtube https://www.youtube.com/watch?v=cfoGmKu8Qq8?feature=oembed&w=500&h=281]

Fool on!

The post Why I was awake at 3.45am this morning… appeared first on The Motley Fool Australia.

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• Have ASX 200 energy buyers missed the boat on Woodside shares?
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Motley Fool contributor Scott Phillips 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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Are Woodside Energy Group Ltd (ASX: WDS) shares an opportunity or have they run too far for S&P/ASX 200 Index (ASX: XJO) energy share investors to buy?

Since the beginning of 2022, Woodside shares have risen by more than 40%. But, since 26 August 2022, they have fallen by around 10%.

It’s a bit of a mixed bag in terms of the share price, but it’s pretty clear that the company is firing on all cylinders in terms of its profitability.

Result recap

For investors that didn’t see it, the company recently reported its 2022 half-year result. It showed that operating revenue increased by 132% to $5.8 billion.

Earnings before interest and tax (EBIT) increased 380% to $2.98 billion, underlying net profit after tax (NPAT) went up 414% to $1.82 billion and NPAT increased 417% to $1.64 billion. Free cash flow surged 688% to $2.57 billion.

The interim dividend per share was increased by 263% to US$1.09 per share.

Woodside benefited from a doubling of the price of oil to $96.4 per barrel of oil equivalent. It chose a fortunate time to merge with the oil and gas division of BHP Group Ltd (ASX: BHP), allowing it to substantially increase in size, adding to scale benefits, diversification and improving its financial stability.

What’s going on with energy prices?

Discussing the impact on energy markets around the world, such as the Russian invasion on Ukraine, Woodside CEO Meg O’Neill said:

The upheavals in global and Australian energy markets witnessed over the course of the past six months have shone a spotlight on the importance of gas in the world’s energy mix and underscores our confidence in the longer-term demand outlook for gas, which makes up 70% of Woodside’s portfolio.

Safe and reliable supplies of gas are not only critical to global energy security but will play a key role as our customers seek to decarbonise, alongside new energy sources such as hydrogen and ammonia that Woodside is investing in.

Is the Woodside share price an opportunity?

Despite the strong performance of energy prices this year, Plato Investment Management’s Dr Don Hamson picked the ASX 200 energy share as an opportunity and that it could pay attractive dividends in the coming years. Speaking to Livewire’s Ally Selby, he said:

I know it’s a bad thing, but it’s benefiting from the war in Ukraine because there’s a gas shortage and that’s going to continue. But even if you look out through those dynamics, we do think decarbonisation is going to be a big thing for the next 30 years, and gas is the interim step. And they’re very well placed with that.

I think after they pay their dividend, it’s going to be 13% geared. So, it’s actually very, very low. And it has a great yield – it’s on a yield of 9% gross dividends. So that’s one of our favourites.

Woodside has said that its strategy is to be a low-cost, lower-carbon energy provider. It is working on a number of initiatives including “hydrogen refuelling, carbon capture and storage and carbon to products technologies.”

The post Have ASX 200 energy buyers missed the boat on Woodside shares? appeared first on The Motley Fool Australia.

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Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has 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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Rising interest rates mean an uncertain time for ASX finance shares.

Yes, for many banks it’s an opportunity to increase their net interest margin. But it can also mean higher delinquencies as customers find it more difficult to make their repayments.

The big four banks are always popular but have limited growth opportunities, which is why many professionals stay away from them.

Instead, here’s a pair of finance stocks that experts are recommending as buy right now:

‘Undemanding’ PE ratio equals buying opportunity

Catapult Wealth portfolio manager Tim Haselum told The Bull that he likes the look of Bank of Queensland Limited (ASX: BOQ), despite some headwinds.

“We believe the banks are facing reducing loan volumes, but we aren’t concerned about impairments, as households appear to be in sound financial shape.”

Last year, the Bank of Queensland fully acquired ME Bank, which Haselum feels is a positive move.

“We like the ME Bank recovery story and see further synergies ahead,” he said.

“Potential net interest margin improvements amid the company’s undemanding price/earnings multiple presents a buying opportunity.”

BoQ shares have risen 6% since its 20 June trough. The stock is paying out a juicy 6.4% dividend yield.

The Motley Fool reported last week that the team at Citi also recommended BoQ shares as a buy, for much the same reasons as Haselum.

“Although its analysts suspect that the bank’s revenue growth could slow if rising rates impact lending volumes, it expects cost synergies from the ME Bank acquisition to support earnings and dividend growth.”

This ASX share has been oversold for its risks

Pepper Money Ltd (ASX: PPM) specialises in lending to consumers with non-standard credit history.

With an economic downturn looming, perhaps this has scared off investors. The share price is down more than 28% for the year so far, while paying a 6.45% dividend yield.

Wilsons investment advisor Peter Moran reckons the risk has been overstated.

“While a general slowdown in the economy is a potential risk for lenders, we see this as being excessively priced in with the shares recently trading on 4.5 times earnings,” he said.

“We retain an overweight rating.”

Reporting season impressed Moran, despite the headwinds buffeting Pepper Money.

“This non-bank lender reported a pro-forma net profit after tax of $73.1 million in the 2022 first half, an 11% increase on the prior corresponding period,” he said.

“This was despite a 30 basis points fall in the net interest margin.”

The situation is expected to improve for the current period.

“We expect increasing interest rates should contribute to a partial recovery in margins during the second half.”

The post 2 bargain finance ASX shares to buy (not big banks): experts appeared first on The Motley Fool Australia.

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Motley Fool contributor Tony Yoo has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has 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 end of ASX reporting season in August has led to a number of companies in the S&P/ASX All Ordinaries Index (ASX: XAO) turning ex-dividend this month.

When an ASX All Ords share turns ex-dividend, investors buying these shares won’t be eligible to receive the company’s upcoming dividend payment.

Instead, the dividend payment will go to the seller on the other side of the transaction.

What’s more, a company’s shares typically fall on the day they turn ex-dividend, reflecting the absence of the dividend.

Ahead of the ASX closure on Thursday, here are three ASX All Ords shares turning ex-dividend tomorrow.

NRW Holdings Limited (ASX: NWH)

To kick things off, NRW shares will be trading tomorrow without a fully franked final dividend of 7 cents. 

Investors who own NRW shares by the time the market closes today can expect to see this payment land on 12 October.

According to management, FY22 saw the best results NRW has reported.

Revenue grew by 5% to $2.4 billion while earnings before interest, tax, and amortisation (EBITA) came in ahead of guidance at $157 million, up 30% from the prior year.

On the back of these results, NRW hiked its final dividend by 40%, with annual dividends growing by a similar amount to 12.5 cents.

Based on current prices, this puts NRW shares on a trailing dividend yield of 4.9%. Adding in franking credits boosts this yield to 7.0%.

In other news, NRW made headlines recently after it launched a $375 million play to acquire MACA Ltd (ASX: MLD). However, this wasn’t enough to sway MACA’s board from an offer already on the table from mining services giant Thiess.

Macmahon Holdings Limited (ASX: MAH)

Next up, fellow mining services company Macmahon will also see its shares turn ex-dividend tomorrow.

Macmahon is set to pay out an unfranked final dividend of 0.35 cents to eligible shareholders on 7 October.

While this dividend may appear small in absolute terms, the Macmahon share price is currently sitting at 15.5 cents.

So, after throwing in the company’s interim dividend of 0.3 cents earlier in the year, Macmahon shares are sporting a trailing dividend yield of 4.2%.

FY22 was a year of growth for Macmahon, lifting revenue by 26% to $1.7 billion. This was primarily driven by the contribution from new project start-ups, inflation, and increased contract activity.

This revenue growth partially flowed through to earnings, with underlying net profit after tax (NPAT) increasing by 5% to $63 million.

The ASX All Ords share held its total dividends steady at 0.65 cents, in line with the prior year.

Capitol Health Ltd (ASX: CAJ)

Rounding out this trio of ASX All Ords shares going ex-dividend on Wednesday is diagnostic imaging business Capital Health.

As of tomorrow, Capitol Health shares will no longer be trading with a fully franked final dividend of 0.5 cents, which will be paid on 21 October.

Capitol Health delivered revenue of $184 million in FY22, up 3% from the prior year. This was driven by organic growth, the acquisition of Womens’ Imaging, and three greenfield clinic openings. 

These growth drivers were partially offset by COVID lockdowns, suspensions in elective surgery, and impacts from the omicron variant.

On the bottom line, statutory NPAT decreased 9% to $11 million.

Nonetheless, Capitol Health held its final and total dividends steady. The ASX All Ords share has declared fully franked interim and final dividends of 0.5 cents since 2019.

As a result, Capitol Health shares are currently flashing a trailing dividend yield of 3.0%. Including franking credits, this yield dials up to 4.3%.

The post 3 ASX All Ords shares going ex-dividend on Wednesday appeared first on The Motley Fool Australia.

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Motley Fool contributor Cathryn Goh 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 Pilbara Minerals Ltd (ASX: PLS) share price has seen a very strong rise over the past month. It has surged up by 50% while the S&P/ASX 200 Index (ASX: XJO) has gone backwards by around 5%.

The ASX share market continues to be affected by investors concerned by inflation and higher interest rates. But, Pilbara Minerals has performed strongly for shareholders.

Within the last month, the ASX lithium share announced its FY22 result. Let’s have a quick look at what was reported.

FY22 earnings recap

The company reported that it generated around $1.2 billion of revenue after an increased realised selling price of US$2,382 per dry metric tonne (dmt). It shipped 361,035 dmt of spodumene concentrate, representing an increase of 28% year over year.

In FY21, it made earnings before interest, tax, depreciation and amortisation (EBITDA) of $21.4 million and a statutory net loss after tax of $51.4 million. In FY22, this had increased to $814.5 million of EBITDA and $561.8 million of net profit after tax (NPAT).

It had such a strong period of cash flow that it finished the year with a net cash position of $714.3 million, according to the company.

Is the Pilbara Minerals share price too high?

Michael Gable, from Fairmont Equities, thinks that the ASX lithium share is a sell, according to his rating on The Bull. He wrote:

Trading stocks within the lithium sector have been rewarding. But sometimes share prices can reflect too much optimism about lithium’s future.

I believe vertical share price moves higher are unsustainable, particularly when profit takers make their move.

Gable isn’t the only one with a negative outlook for the Pilbara Minerals share price. The broker UBS has a price target of $2.60 on the company.

That would equate to a fall of more than 40% over the next year if that price eventuated. While UBS appreciates the short-term profits that the miner is making, it thinks that other lithium ASX shares are priced more attractively.

Management view on the outlook

Pilbara Minerals’ managing director and CEO Dale Henderson said:

Having recently approved the expansion to grow production by a further 100,000 tonnes per annum to a combined [approximate] 640,000 tonnes to 680,000 tonnes per annum, and with the company now progressing towards a final investment decision to expand production to 1 million tonnes per annum, Pilbara Minerals commences FY2023 in an exceptionally strong position.

Henderson said the company was in “an enviable position”, supplying product into a “burgeoning growth market with a clear pathway for further production growth off a performing operating base”.

Further, chemicals participation with our downstream joint venture with POSCO and our midstream project provides another extension of value creation for our shareholders. A very exciting future lies ahead for our business and our shareholders.

Pilbara Minerals share price snapshot

The Pilbara Minerals share price closed 3.49% higher at $4.75 on Monday. Despite the downward trend seen earlier this year, Pilbara Minerals shares are now up by 35% in 2022.

The post Up 50% in a month, does the Pilbara Minerals share price ‘reflect too much optimism’? appeared first on The Motley Fool Australia.

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More reading

• Here are the top 10 ASX 200 shares today
• Why Lake Resources, Life360, Pilbara Minerals, and PolyNovo shares are storming higher
• Here are the 3 most heavily traded ASX 200 shares on Monday
• 3 ASX lithium shares smashing new, all-time highs on Monday
• Can the Pilbara Minerals share price continue stretching higher?

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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There are a large number of dividend shares for investors to choose from on the Australian share market.

Two that have done enough to impress analysts are listed below. Here’s why they have been given the thumbs up:

Healthco Healthcare and Wellness REIT (ASX: HCW)

The first ASX dividend share that analysts are tipping as a buy is the Healthco Healthcare and Wellness REIT.

As its name implies, this real estate investment trust has a focus on hospitals, aged care, childcare, life sciences, and primary care properties.

The team at Goldman Sachs is very positive on the company and recently named it as one of its top picks in the sector. This is due to its robust balance sheet and strong tenant base. Goldman explained:

[T]he REIT remains one of our top picks in the sector given 1) its net cash position with over $450mn of liquidity, providing flexibility for near term opportunities, 2) its diversified mix of strong tenant covenants in sub-sectors that are majority government-backed across the care spectrum, mitigating potential tenant credit risks, 3) Healthcare and childcare assets valuations have remained resilient, 4) the expansive forecast future demand for assets across the care spectrum, underpinning development opportunities, and 5) inexpensive valuation.

The broker currently has a conviction buy rating and $2.08 price target on its shares.

As for dividends, its analysts are forecasting dividends per share of 7.5 cents in both FY 2023 and FY 2024. Based on the current Healthco Healthcare and Wellness REIT unit price of $1.66, this will mean yields of 4.5% for investors.

Whitehaven Coal Ltd (ASX: WHC)

Another ASX dividend share that analysts are tipping as a buy is coal miner Whitehaven Coal.

It is expected to provide investors with some very big dividend yields in the near term thanks to sky high coal prices. In fact, the team at Morgans has described them as “supercharged returns.” It commented:

We see strong potential for a more prolonged dislocation in energy markets where supply security commands a higher premium for longer. WHC offers ~2%/24% upside to our base/bull case pricing scenarios (excluding growth assets) with clear upside risks to valuation and dividends. Note that thermal coal futures pricing currently sits well above our “super-bull” price scenario, which supports an NPV towards $11.00ps.

The broker currently has an add rating and $8.60 price target on the company’s shares.

In respect to dividends, Morgans is forecasting dividends per share of 100 cents in FY 2023 and 64 cents in FY 2024. Based on the latest Whitehaven Coal share price of $8.31, this will mean yields of 12% and 7.7%, respectively.

The post Analysts name 2 ASX dividend shares to buy this month appeared first on The Motley Fool Australia.

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More reading

• 3 ASX energy stocks up more than 100% so far this year
• 5 ASX energy shares powering portfolios with the highest dividend yields
• Own Whitehaven shares? Here’s some good news on your dividends
• Here are 2 ASX dividend shares experts say are buys
• Here are the top 10 ASX 200 shares today

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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In volatile times like this year, it becomes more difficult to find ASX shares that are consistently rising.

It was easy to do in the bull market of 2020 and 2021, but right now they’re like gems hidden underground.

But Fairmont Equities managing director Michael Gable reckons he’s found a couple, which he’s recommending as immediate buys before they rise even further:

‘This is a bullish sign’

Gaming maker Aristocrat Leisure Limited (ASX: ALL) is “a high quality business”, Gable told The Bull.

“It’s established a solid track record of double-digit earnings growth over the years.”

Although the Aristocrat share price is down 24% for year to date, it has staged a 12.3% rally since 12 May.

This swim against the tide impresses Gable.

“Although the broader share market bottomed in June, Aristocrat stock was already rising from its low point in May,” he said.

“Since then, the share price has continued to edge higher despite broader market volatility. This is a bullish sign from a charting point of view.”

The wider professional community agrees with Gable. According to CMC Markets, 13 out of 16 analysts currently rate Aristocrat as a buy, with 11 of those recommending the stock as a strong buy.

‘This presents a buying opportunity’

It’s been well documented that energy prices have rocketed up this year on the back of supply constraints from Russia’s invasion of Ukraine.

But at least for Santos Ltd (ASX: STO), Gable reckons the share price hasn’t peaked yet.

“Santos will continue to benefit from what I believe will be increasing energy prices for some time.”

After a nice rise this year to June, Santos shares, along with other energy producers, took a hit in June as recession fears gripped the market.

But that simply presents a tempting entry point, Gable reckons.

“The share price is down from its June peak in response to a short-term retreat in the crude oil price,” he said.

“However, this presents a buying opportunity, as the share price has recently firmed and is starting to resume its uptrend.”

Similar to Aristocrat, Santos is also well backed by professional investors. A whopping 14 out of 17 analysts currently surveyed on CMC Markets rate the stock as a buy.

The post ‘Bullish sign’: Expert names 2 rising ASX shares to buy right now appeared first on The Motley Fool Australia.

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More reading

• 5 things to watch on the ASX 200 on Tuesday
• Broker names 2 of the best ASX shares to buy now
• These are the top ASX 100 buy ideas from Macquarie
• 5 things to watch on the ASX 200 on Monday
• Aristocrat share price defies the selloff thanks to bullish brokers

Motley Fool contributor Tony Yoo has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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On Monday, the S&P/ASX 200 Index (ASX: XJO) started the week in a disappointing fashion. The benchmark index fell 0.3% to 6,719.9 points.

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

ASX 200 expected to rebound

The Australian share market is expected to rebound on Tuesday following a solid start to the week on Wall Street. According to the latest SPI futures, the ASX 200 is poised to open the day 52 points or 0.8% higher. In the United States, the Dow Jones rose 0.65%, the S&P 500 was up 0.7%, and the NASDAQ climbed 0.75%.

Tech shares on watch

It could be a decent day for ASX 200 tech shares such as WiseTech Global Ltd (ASX: WTC) and Xero Limited (ASX: XRO) after their US counterparts stormed higher on Monday night. The tech focused NASDAQ index rose 0.75%. Investors appear to believe recent weakness has created a buying opportunity. Though, with the US Federal Reserve meeting this week, it could be a volatile few days.

Oil prices edge higher

It could be a decent day for energy shares including Beach Energy Ltd (ASX: BPT) and Santos Ltd (ASX: STO) after oil prices edged higher overnight. According to Bloomberg, the WTI crude oil price is up 0.5% to US$85.53 a barrel and the Brent crude oil price has risen 0.55% to US$91.84 a barrel. Supply uncertainty outweighed demand concerns and boosted prices.

Coal dividends being paid

Coal miners Coronado Global Resources Inc (ASX: CRN) and Yancoal Australia Ltd (ASX: YAL) will be paying their respective shareholders a share of their bumper coal profits later today. Coronado is paying a 7.6 cents per share dividend and Yancoal is paying a 52.7 cents per share dividend to shareholders.

Gold price flat

Gold miners such as Evolution Mining Ltd (ASX: EVN) and Regis Resources Limited (ASX: RRL) could have a subdued day after the gold price traded flat overnight. According to CNBC, the spot gold price is fetching US$1,683.6 an ounce. The gold price is trading near a 29-month low ahead of the US Fed’s meeting.

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

• 3 ASX energy stocks up more than 100% so far this year
• 5 ASX energy shares powering portfolios with the highest dividend yields
• Broker names 2 of the best ASX shares to buy now
• These are the top ASX 100 buy ideas from Macquarie
• 5 things to watch on the ASX 200 on Monday

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 WiseTech Global and Xero. The Motley Fool Australia has positions in and has recommended WiseTech Global and Xero. 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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