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.

E-commerce stocks aren’t getting much love these days. The ProShares Online Retail ETF is down 59% from highs set in February 2021. E-commerce giant Amazon (NASDAQ: AMZN) has done better a bit better but still has seen its stock price drop into correction territory. Shares of the tech giant are down 24.5% from all-time highs set last summer. Compare that with the 20.3% drop in the tech-focused Nasdaq-100, and you’ll see that investors are wary of tech growth stocks and the e-commerce sector specifically.

Amazon reported its second-quarter earnings on July 28, giving investors an update on the direction of its business moving forward in this volatile time. Let’s review the tech behemoth’s existing situation and see if it offers any clues on whether Amazon stock is a smart investment today.

After e-commerce blossomed at the start of the pandemic, a reopening economy has brought more consumers back into brick-and-mortar stores, putting pressure on online shopping platforms. And while Amazon has diversified its business over the years through categories like Amazon Web Services (AWS), Amazon Prime, and digital advertising, the company’s top line is still largely dominated by online retail.

How goes it for the e-commerce leader?

In its latest quarter, Amazon’s top line overall sales climbed 7.2% year over year to total $121.2 billion. On the bottom line, Amazon reported a rare net loss of $0.20 per share, marking the second consecutive quarter of being in the red. As is the case with many other e-commerce companies at the moment, the primary cause of the loss was ongoing macro headwinds, including high inflation related to sharp rises in fuel, energy, and transportation costs.

Sales in Q2 from Amazon’s e-commerce segment fell 4.3% year over year to $50.9 billion. E-commerce sales account for about 42% of total sales for the quarter. The drop can partially be attributed to tough comparisons to a strong Q2 in 2021. Even so, growth for the e-commerce leader was uneven, and it’ll likely take an improvement in the economic environment for Amazon to get growth levels back to their five-year norms. 

Its closely watched Amazon Web Services cloud platform saw sales surge 33.3% to $19.7 billion, while its subscription services and advertising services categories expanded 10.1% and 17.5%, respectively, up to $8.7 billion and $8.8 billion. It was a pleasant surprise to see its advertising segment perform so well, given that ad-driven tech companies like Snap and Meta Platforms have struggled of late.

For the full fiscal year, Wall Street analysts expect the company’s total revenue to increase 10.6% year over year to $519.5 billion, and its earnings per share to decline a whopping 80.9% to $0.62. In fiscal 2023, which is when year-over-year comparable metrics will come back to earth, analysts are forecasting top- and bottom-line growth of 15.8% and 303.2%, respectively.

Amazon management wasn’t inclined to offer an update of full-year guidance with this latest report, but it did discuss what it expects for the third quarter. Management said net sales in Q3 would total $127.5 billion at the midpoint and grow 15% compared to Q3 2021. The guidance was tempered by concerns about unfavorable foreign exchange rates. Operating income is expected to be positive and hit $1.75 billion at the midpoint, compared with $4.9 billion in Q3 2021. This guidance doesn’t account for business acquisitions, restructurings, or legal settlements, including the just-announced acquisition of Roomba robot vacuum maker iRobot for roughly $1.7 billion. 

What should investors do?

For investors with extended time horizons, Amazon stock remains a fail-safe long-term bet. Whenever the market falls out of love with a best-in-class stock, smart investors should interpret that as a clear buying opportunity. That’s what we’re watching unfold these past few months with Amazon — the e-commerce company has confronted a string of headwinds, all of which are primarily short-term in nature. Hence, long-term investors can profit from this current sell-off by accumulating shares of the e-commerce leader today. 

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

The post Should investors pounce on Amazon stock during the Nasdaq tech sell-off? appeared first on The Motley Fool Australia.

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Luke Meindl has no position in any of the stocks mentioned.  John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Amazon. The Motley Fool Australia has recommended Amazon. 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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Shares of Sandfire Resources Ltd (ASX: SFR) are pushing north immediately from the open on Monday despite no company-specific news.

At the time of writing, the share is swapping hands more than 7% higher at $4.89 apiece.

In broad market moves the S&P/ASX 300 Metals and Mining Index (ASX: XMM) is also lifting around 125 basis points on the day.

What’s up with the Sandfire share price?

Despite the strengths exhibited across global commodity markets in 2022, copper has been one exception to the rule.

After a strong run in the 12 months to April, the price of copper then plummeted from a high of US$4.81 a pound and now trades at US$3.55/lbs, a more than 26% drop.

As seen on the chart below, the Sandfire share price tracks the price of copper very closely. This chart shows the relationship since November 2021.

It would come as little surprise, therefore, to see Sandfire shares spike with the news out of OZ Minerals Ltd (ASX: OZL)’s camp this morning.

As TMF reported earlier today, OZ has rejected a $25 per share takeover offer from the world’s largest mining company BHP Group Ltd (ASX: BHP).

The OZ board and shareholders believed the offer was too low and not reflective of the company’s copper and nickel assets, as well as the current end market.

With OZ’s rejection on grounds of market strength and copper’s asset value, the market has turned to this as a risk-on indicator with other copper miners like Sandfire.

Despite its gains today, the Sandfire share price still has to reverse a 25% loss incurred this year to date on the chart.

The post Why is the Sandfire share price leaping 7% on Monday? appeared first on The Motley Fool Australia.

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Motley Fool contributor Zach Bristow 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 Beach Energy Ltd (ASX: BPT) share price is heading north today.

During early morning trade, the energy producer’s shares are up 0.29% to $1.735.

For context, the S&P/ASX 200 Index (ASX: XJO) is in negative territory by 0.30% to 6,993.7 points.

What’s fuelling Beach Energy shares today?

Investors are bidding up the Beach Energy share price this morning after the company announced its latest deal.

In its release, Beach Energy advised it has entered into a liquefied natural gas (LNG) sale and purchase agreement (SPA) with BP Singapore.

Under the SPA, BP will be purchasing all 3.75 million tonnes of Beach Energy’s expected LNG volumes. This will come from the Waitsia Stage 2 project, with supply forecasted to commence in the second half of 2023 and flow for approximately 5 years.

Supply will be delivered on a Free on Board (FOB) basis from the North West Shelf facilities in Karratha, Western Australia. BP is a joint venture partner in NWS.

The price for the LNG contract is said to be linked to Brent crude oil and Japan Korea Marker price indices. While there is no restriction on upside price participation, there is a downside price protection mechanism. This is to safeguard any severe falls in LNG prices where commodity cycle prices become unstable.

Beach Energy CEO, Morné Engelbrecht touched on the deal, saying:

Signing of the LNG SPA with bp is a significant milestone in our delivery of material growth and another step closer to Beach becoming a supplier of LNG to the global market…

Once LNG sales commence, Beach will have further diversified its commodity pricing exposure. Beach’s oil and gas portfolio will provide exposure to Brent oil prices, spot LNG prices, east coast, west coast and New Zealand domestic gas prices, and oil-linked gas prices. This places Beach in an enviable position within the Australian energy sector.

Beach Energy share price snapshot

While the ASX 200 index has recorded losses in 2022, the Beach Energy share price has surged by almost 40%.

These gains have mostly come off the back of favourable trading conditions as energy prices continue to spike.

Beach Energy has a price-to-earnings (P/E) ratio of 9.84 and commands a market capitalisation of roughly $3.95 billion.

The post Beach Energy share price climbs on BP deal appeared first on The Motley Fool Australia.

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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 is lifting amid news OZ Minerals Limited (ASX: OZL) turned down a takeover bid posted by the iron ore giant.

As The Motley Fool reported earlier, the $25 per share cash offer represented a 32.1% premium on OZ Minerals’ previous close. It also valued the copper miner at around $8.3 billion.

However, the acquisition target’s board found the bid undervalued the company and refused to recommend it to shareholders.

After opening slightly lower at $38.80, the BHP share price rose to trade at $39.09 in early morning trade. That’s 0.72% higher than it was at Friday’s close.

Let’s take a closer look at what’s going on with the S&P/ASX 200 Index (ASX: XJO) materials shares on Monday.

BHP share price lifts despite rejected takeover bid

The BHP share price is in the green this morning. Its gains come despite the company’s CEO Mike Henry saying he’s “disappointed” OZ Minerals’ board refused to entertain its “compelling” bid. Henry continued:

Our proposal represents compelling value and certainty for OZ Minerals shareholders in the face of a deteriorating external environment and increased OZL operational and growth related funding challenges.

OZ Minerals CEO and managing director Andrew Cole said BHP’s bid didn’t recognise the company’s “unique” copper and nickel assets. It also said it didn’t consider demand predicted to stem from global electrification and decarbonisation.

The acquisition target also said the offer was “highly opportunistic”. It was posted after the copper price and the OZ Minerals share price fell from recent peaks.

It was also noted that BHP has snapped up a stake of less than 5% in the copper giant.

While the BHP share price is trading slightly higher following the company’s rejection, that of OZ Minerals is leaping upwards. It has gained 35% to trade at $25.70 at the time of writing.

The post BHP share price lifts as $8.3b takeover bid rejected appeared first on The Motley Fool Australia.

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• OZ Minerals share price on watch after miner rejects BHP’s $25 per share takeover offer
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Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The Commonwealth Bank of Australia (ASX: CBA) share price is in the green in early morning trade, up 0.4%.

CBA shares closed on Friday trading at $101.41 and are currently trading for $101.82.

The other big bank shares are all heading in the other direction, dipping into the red, as witnessed by the 0.3% drop in the S&P/ASX 200 Financials Index (ASX: XFJ).

What’s influencing the CBA share price today?

Atop wider market forces, ASX investors are also scrutinising analysts’ forecasts on what to expect when the bank delivers its results for the 2022 financial year (FY22). Those will be reported this Wednesday.

While estimates vary, many analysts are expecting CBA to report strong results for the 12 months. This comes as the second half of FY22 has seen inflation levels soar and the Reserve Bank of Australia (RBA) ratchet up interest rates for the first time in a decade, taking them from 0.10% to the current 1.85%, with more hikes expected.

As for likely impacts on the CBA share price, Tribeca Investment Partners portfolio manager Jun Bei Liu said investors are likely to be more focused on what’s ahead than on metrics already largely priced.

According to Liu (quoted by The Sydney Moring Herald):

I think for the market, the issue is that all of these results are being pretty much in the rear view mirror. It’s really about the commentary about how they see the credit growth and some of those things going forward, what they see in the underlying market at this point, rather than what the result is indicating. That’s going to be very important.

Liu noted that at the current CBA share price, the bank trades at a premium to its competitors (CBA trades at a price-to-earnings (P/E) ratio of 19 times).

“Now clearly, there’s flight to quality. So, for this business to maintain its premium, it’s incredibly important for it to demonstrate leadership,” she said, adding the bank needs to demonstrate that “it’s above the system growth”.

“So, if they disappoint on some of those growth stats, the share price will come off quite meaningfully because it is at such a premium,” Liu said.

As for Goldman Sachs, the broker is forecasting a 9.7% increase in full-year cash earnings to $9.49 billion. It expects the full-year, fully franked dividend to come in at $3.80 per share, which would be an increase of 8.6% year on year.

Despite that relative strength for FY22, Goldman Sachs retains its sell rating with a $90.45 target for the CBA share price.

One-off profits and losses for FY22

In a non-price sensitive release this morning, meaning it’s unlikely to have a material impact on the CBA share price, the big bank updated investors on one-off items impacting its FY22 results.

On the plus side of the ledger, in FY22 CBA sold its 10% shareholding in the Bank of Hangzhou Co to Hangzhou Urban Construction & Investment Group Co and Hangzhou Communications Investment Group Co for a $516 million pre-tax gain. That’s recognised in its cash net profit before tax (NPAT) and increased the bank’s CET1 capital ratio by 0.35%.

CommBank announced the completion of the transaction on 30 June. The CBA share price edged higher on the day.

On the negative side of the ledger were one-off expense items of $445 million (pre-tax). That’s comprised of $389 million related to the acceleration of amortisation on capitalised software, along with $56 million relating to changes in CommBank’s operating model

CBA share price snapshot

The CBA share price has enjoyed a strong rebound since the 17 June lows of $87.26 per share and is now down 1% in 2022.

That compares to a year-to-date loss of 8% posted by the S&P/ASX 200 Index (ASX: XJO).

The post Why is the CBA share price having such a strong start to the week? appeared first on The Motley Fool Australia.

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• Own CBA shares? Here’s what to expect from the bank’s FY22 results
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Motley Fool contributor Bernd Struben 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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ASX cannabis share Incannex Healthcare Ltd (ASX: IHL) has caught a bid last week, reversing off 52-week lows to now trade 36% higher on the month.

Just after the open on Monday, Incannex is priced at 27.5 cents – not far off its yearly low of 19 cents on 1 August.

What’s boosting this ASX cannabis share?

Last week Incannex advised it had finalised the acquisition of APIRx Pharmaceuticals after the pair signed binding terms back in March this year.

CEO and managing director of Incannex, Joel Latham, said the company was “excited” to get the ball rolling on the deal.

“After extensive due diligence and corporate strategy assessments of the APIRx assets,” he said, “we are excited and readied to commence development activities over our newly acquired portfolio of drug candidates.”

As a result of the transaction, 22 additional clinical and pre-clinical projects have been transferred onto Incannex’s books.

The company says this represents an aggregate addressable market of US$400 billion per annum.

As a result, Incannex says it now has the “world’s largest portfolio of patented medicinal cannabinoid drug formulations and psychedelic treatment protocols”.

This involves an intellectual property portfolio covering 19 granted patents and 23 pending patents, the company says.

Incannex share price snapshot

Investors rallied behind the ASX cannabis share last week. They sent it surging back into the green, bouncing off its 52-week low in the process.

The Incannex share price has now jumped more than 36% in the first week of August. This brings total losses to the year back to 56%.

The post ‘World’s largest portfolio’: Why this ASX cannabis share is up 36% in August appeared first on The Motley Fool Australia.

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Motley Fool contributor Zach Bristow 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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Death is a life event that everyone goes through, yet not often thought about or spoken about in investment circles.

But there are ASX shares that provide exposure to the largest addressable market of all.

Wilson Asset Management senior analyst Shaun Weick, in a company video, named one recently that he rates as a buy.

“Propel Funeral Partners Ltd (ASX: PFP) is the second largest funeral home operator in Australia, with about 5% market share.”

It’s not a company often talked about, and Weick was sheepish in endorsing a death stock.

“This is one with fundamentals you don’t want to like, but they really do offer a pretty attractive recovery profile.”

Share price has doubled, but more to come

The Propel Funeral share price has more than doubled since the March 2020 COVID-19 panic selling trough.

But Weick thinks the journey upward is far from over.

“As people exit lockdown, we’re seeing flu rates skyrocketing at the moment,” he said.

“We think the organic growth profile of this business is re-accelerating.”

An ace up its sleeve is that the industry has pricing power to help it endure high inflation.

“The significant cost escalation we’re seeing through inflation out there, we think these guys have an ability to pass that through.”

Weick said that Propel has a “very strong” balance sheet, ready to pounce on opportunities that may come up.

“They’ve got over $300 million in capacity they can deploy into earnings and accretive acquisitions.”

The analyst can envisage Propel Funeral to grow enough to catch up with the market leader.

“Listed peer InvoCare Limited (ASX: IVC) is at about 20% market share,” he said.

“They’ve essentially tapped out with the ACCC, so we can see a pathway for Propel to essentially quadruple its footprint over time — so this is a strong buy.”

Busted for pretending to be smaller

Professional coverage is scarce on Propel, but at least Bell Potter agrees with Weick. That team rates the stock as a strong buy, according to CMC Markets. 

Last year, two Propel Funeral subsidiaries were fined by the competition watchdog for falsely advertising that they were “local and independently owned”.

The misleading words were trying to create an impression that the businesses were part of the local community, according to ACCC deputy chair at the time Delia Rickard.

“We think that it gives them an unfair advantage when local consumers are shopping.”

The post Set to ‘quadruple footprint’: Expert names taboo ASX share to buy 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 recommended Propel Funeral Partners Ltd. 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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Shares in betting technology provider Betmakers Technology Group Ltd (ASX: BET) are among the ASX’s most shorted, with more and more short-sellers targeting the stock.

But it’s been on the up and up over the last month.

Right now, the Betmakers share price is 46 cents. That’s 15% higher than it was a month ago. Though, it’s still 45% lower than it was at the start of the year.

For comparison, the S&P/ASX All Technology Index (ASX: XTX) has lifted 10% over the last 30 days and has fallen 26% year to date.

So, what seems to be drawing short-sellers to Betmakers? Let’s take a look.

Why are short-sellers attracted to Betmakers shares?

Betmarkers shares’ short position has been increasing alongside its share price over the last month.

Indeed, 12.35% of the company’s stock was in the hands of short-sellers as of the most recent data provided by the Australian Securities and Investments Commission (ASIC), dated 1 August.

That means the company’s short position grew from 11.81% at the same point in July and from 2.84% on 2 August 2021.

It comes despite the company having posted a notable increase in revenue in July and announcing an on-market share buyback in June.

But, as my Fool colleague James points out, rising short interest in Betmakers shares might have a lot to do with the company’s valuation.

Betmakers currently boasts a market capitalisation of around $411.5 million. That’s despite its earnings being in the red.

The betting technology stock posted a $27.8 million loss for the first half of financial year 2022. That saw its earnings per share (EPS) come in at a 3.26 cent loss.

Meanwhile, it boasted around $111 million of cash and equivalents, making up more than half of its net assets.

Whether its earnings improved further over the second half will soon be seen. The company is expected to release its full-year earnings for last financial year on 29 August.

No doubt plenty of market-watchers – as well as short-sellers – will be taking a good look at its anticipated release.

The post Why are Betmakers shares attracting increased short interest lately? appeared first on The Motley Fool Australia.

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• These are the 10 most shorted ASX shares
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Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Betmakers Technology Group Ltd. The Motley Fool Australia has recommended Betmakers Technology Group Ltd. 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 Australian Foundation Investment Co. Ltd (ASX: AFI) share price has travelled in circles over the past couple of weeks.

Following the release of the company’s preliminary full-year results on 25 July, shares in the listed investment company (LIC) opened at $8.14 apiece.

Fast-forward two weeks later, and AFIC shares finished at $8.10 on Friday’s market close. This implies a slight loss of 0.5% for the 14-day period.

In contrast, the S&P/ASX 200 Index (ASX: XJO) has gained around 3.3%.

Ex-dividend around the corner for AFIC shares

Despite the general recovery on the ASX, the AFIC share price has been in a sideways channel of late.

This comes after the company reported an outstanding financial scorecard, particularly with net profit up 53.4% to $360.6 million.

AFIC shareholders might want to keep an eye out as the upcoming ex-dividend date approaches.

You will need to buy the company’s shares before market close tomorrow to be eligible for the final dividend. The ex-dividend date falls on Wednesday 10 August.

Historically, when a company reaches its ex-dividend day, its shares tend to fall after shareholders lock in the latest dividend.

When can AFIC shareholders expect payment?

If you’re eligible for AFIC’s final dividend, you will receive a payment of 14 cents per share on 30 August.

This brings its full-year dividend to 24 cents, which is flat from the previous financial year (FY21).

Management noted that its capital will fluctuate with market conditions, and in order to manage these, the dividend may be adjusted.

The final dividend is fully franked which means that you’ll receive franking credits to put towards your next tax bill.

AFIC share price summary

Over the last 12 months, the AFIC share price is down 5% following wild price swings since the start of June.

The company’s shares reached a 52-week low of $7.40 on 20 June, before sharply accelerating in the weeks thereafter.

AFIC commands a market capitalisation of roughly $9.96 billion and has a dividend yield of 3.15%.

The post Keen to bag the next AFIC dividend? Read this appeared first on The Motley Fool Australia.

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More reading

• Why did the AFIC share price have such a top run in July?
• Why is the AFIC share price outperforming on Monday?

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 Northern Star Resources Ltd (ASX: NST) share price has risen by more than 17% in the past month.

That makes the S&P/ASX 200 Index (ASX: XJO) gold mining share one of the better performers in the index in the last few weeks.

A key part of the picture for a commodity business is the outlook for the underlying commodity price.

As reported by by one of my colleagues Zach Bristow, the gold price has been rising.

The visit by US House of Representatives Speaker Nancy Pelosi to Taiwan seems to have stirred the pot between Taiwan and China. Pelosi was the highest-level US official to visit Taiwan in 25 years.

Reuters reported the visit could have impacted the price of gold and said “gold prices advanced on Wednesday as the dollar fell and US-China tensions rose”.

However, it was also reported Kinesis Money analyst Rupert Rowling thinks the turbulence may be “short-lived” and that “market focus will return to interest rates and the negative long-term impact that is likely to have on gold”.

Gold expectations

One of the interesting elements about gold is that not only is gold affected by normal supply and demand, but wider economic news can also impact gold prices globally.

Refinitiv Eikon analysis said:

Gold prices rebounded last week after labour market data showed that U.S. jobless claims hit [a] fresh 8 months high, however, anticipation of further rate hikes by the Federal Reserve limited gains.

Gold may hit US$1,650/oz if the Federal Reserve hikes the interest rate as expected.

Can the Northern Star Resources share price go higher?

Plenty of brokers seem to think it can.

A price target is where the broker thinks the share price will be in 12 months.

Ord Minnett rates it as a buy with a price target of $11.10. That suggests a rise of more than 30%. The broker thinks the business is trading at an attractive price to its underlying value.

UBS rates it as a buy, with a price target of $9.80. That’s a rise of 19%. But, the broker likes its potential growth.

The broker Macquarie also rates Northern Star Resources as a buy, with a price target of $10. That would be a rise of around 21%.

The post Is the Northern Star share price on the way back up? appeared first on The Motley Fool Australia.

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More reading

• Could inflation now be fully priced in to ASX 200 shares?
• Is Coles an underrated ASX 200 dividend share with potential?
• Why I think this boring ASX 200 share is anything but
• 5 things to watch on the ASX 200 on Monday
• Is the VAS dividend yield bigger than an ASX 200 index fund?

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 Macquarie Group 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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