• Analysts say investors should buy these top ASX shares

    Two brokers analysing stocks.

    Two brokers analysing stocks.

    There are a lot of shares to choose from on the Australian share market.

    In order to narrow things down for investors, listed below are two ASX shares that are highly rated by analysts. Here’s what they are saying about them:

    Domino’s Pizza Enterprises Ltd (ASX: DMP)

    The first ASX share for investors to look at is this pizza chain operator. Its shares have been having a tough year due to weakness in Japan and concerns over inflationary pressures.

    However, it is worth remembering that these issues are expected to be short-lived. In light of this, it may be best focusing on the long term, which looks very positive thanks to its store expansion plans.

    The team at Morgans remain positive on the company and believe recent share price weakness is a buying opportunity.

    The broker commented: “We upgraded to ADD after the result and, although inflationary pressures have worsened since then, we continue to believe there is meaningful upside to the current share price over the next 12 months.”

    Morgans has an add rating and $100 price target on the company’s shares.

    Nitro Software Ltd (ASX: NTO)

    Another ASX share to look at is Nitro Software. It is the global document productivity software company behind the Nitro Productivity Suite. This suite offers businesses of all size integrated PDF productivity and eSignature tools.

    Its shares have also been hammered this year. This has been driven by a selloff in the tech sector, which has been felt hardest among loss-making companies. And while Nitro isn’t expected to be profitable for several years, it is well-funded and has a huge market opportunity to grow into in the future.

    Goldman Sachs is very positive on Nitro and sees it as a great long term pick for investors.

    It commented: “We appreciate that a material re-rate likely requires a change in sentiment towards unprofitable tech companies, however we think NTO screens attractively relative to tech peers and on a longer-term view. Our focus now shifts to NTO’s execution on its pipeline of new business and e-sign cross-sell opportunities, with concerns over balance sheet now eased. We see NTO as an attractive long-term growth opportunity at a discounted valuation.”

    Goldman has a buy rating and $2.35 price target on the company’s shares.

    The post Analysts say investors should buy these top ASX shares appeared first on The Motley Fool Australia.

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    Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

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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 Dominos Pizza Enterprises Limited and Nitro Software 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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  • Broker names 2 of the ‘best’ ASX dividend shares to buy next week

    A businessman lights up the fifth star in a lineup, indicating positive share price for a top performer

    A businessman lights up the fifth star in a lineup, indicating positive share price for a top performer

    If you’re looking at dividend shares to buy, then you may want to check out the ones listed below that are on a Morgans’ best ideas list this month.

    Here’s why these ASX shares could be among the best dividend shares to buy next week:

    BHP Group Ltd (ASX: BHP)

    The first ASX dividend share to look at is the Big Australian. This mining giant has been tipped to pay big dividends in the near term thanks to sky high commodity prices.

    For example, Morgans is expecting BHP to pay fully franked dividends per share of $3.93 in FY 2022 and $2.95 in FY 2023. Based on the current BHP share price of $46.80, this will mean yields of 8.4% and 6.3%, respectively.

    Morgans also sees meaningful upside for its shares and has an add rating and $54.30 price target on them. The broker explained why it is bullish:

    We view BHP as relatively low risk given its superior diversification relative to its major global mining peers. The spread of BHP’s operations also supplies some defence against direct Covid-19 impact on earnings contributors. While there are more leveraged plays sensitive to a global recovery scenario, we see BHP as holding an attractive combination of upside sensitivity, balance sheet strength and resilient dividend profile.

    Wesfarmers Ltd (ASX: WES)

    Another ASX dividend share that Morgans rates highly is this conglomerate. Morgans likes the company due to its quality portfolio, strong management team, and robust balance sheet.

    As for dividends, the broker expects fully franked dividends of $1.62 per share in FY 2022 and $1.81 per share in FY 2023. Based on the current Wesfarmers share price of $49.60, this will mean yields of 3.3% and 3.65%, respectively.

    As with BHP, the broker also sees decent upside for its shares. It has an add rating and $58.50 price target on them. The broker commented:

    WES possesses one of the highest quality retail portfolios in Australia with strong brands including Bunnings, Kmart and Officeworks. The company is run by a highly regarded management team and the balance sheet is healthy. While COVID-related staff shortages are a challenge, the core Bunnings division (>60% of group EBIT) remains a solid performer as consumers continue to invest in their homes. We see the recent pullback in the share price as a good entry point for longer term investors.

    The post Broker names 2 of the ‘best’ ASX dividend shares to buy next week appeared first on The Motley Fool Australia.

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    Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

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  • These 2 ETFs could help to protect ASX investors against inflation

    A businessman waers armour and holds a shield and sword.A businessman waers armour and holds a shield and sword.

    Inflation has been a central concern of ASX investors for a few months now. But ever since learning that inflation is now running at a two-decade high here in Australia, that concern has only grown more acute. Inflation and the higher interest rates that usually come with it can have wide-ranging consequences for ASX shares.

    That’s why it is important to understand how inflation might affect a share portfolio, and what you can do to mitigate its corrosive effects. So let’s check out two ASX exchange-traded funds (ETFs) that could help in this endeavour.

    2 ASX ETFs that could help protect against inflation

    BetaShares Global Banks ETF (ASX: BNKS)

    This ETF from BetaShares enables investors to invest in a wide range of banks from around the world in one fund. You’ll find US banks like JPMorgan and Wells Fargo here, as well as Royal Bank of Canada, HSBC Holdings, and Citigroup.

    Bank shares are often identified as clear winners during times of inflation, given that they can easily preserve their margins if interest rates rise. Our own chief investment officer Scott Phillips discussed this very phenomenon this week. BNKS also pays out a healthy dividend distribution, further adding to its inflation-resistant properties.

    BetaShares Global Energy Companies ETF (ASX: FUEL)

    Any Australian who drives a fuel-powered vehicle would be acutely aware of the inflation-resistant nature of oil and other forms of energy.

    Since energy consumption is usually a ‘need’ rather than ‘want’, there is always demand for energy in normal economic circumstances, even if prices are rising. Thus the companies that extract, refine, and sell energy products like petrol, diesel, and gas have an inherent advantage in periods of high inflation. And this FUEL ETF covers these kinds of companies.

    It currently invests in energy giants like BP, Shell, Chevron, and Exxon Mobil. This ETF has already risen by almost 27% over the past six months, which is significant since this is the period that inflation concerns have significantly increased. FUEL also pays out a healthy dividend distribution.

    The post These 2 ETFs could help to protect ASX investors against inflation appeared first on The Motley Fool Australia.

    Wondering where you should invest $1,000 right now?

    When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

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    JPMorgan Chase is an advertising partner of The Ascent, a Motley Fool company. Motley Fool contributor Sebastian Bowen has positions in Chevron and JPMorgan Chase. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended BetaShares Global Banks ETF – Currency Hedged and BetaShares Global Energy Companies ETF – Currency Hedged. 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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  • These were the best performers on the ASX 200 last week

    A young male ASX investor raises his clenched fists in excitement because of rising ASX share prices today

    A young male ASX investor raises his clenched fists in excitement because of rising ASX share prices today

    The S&P/ASX 200 Index (ASX: XJO) was out of form last week and sank deep into the red. The benchmark index lost 3.1% of its value to end the period at 7,205.6 points.

    Thankfully, not all shares were sold off. Here’s why these were the best performing ASX 200 shares last week:

    Magellan Financial Group Ltd (ASX: MFG)

    The Magellan share price was the best performer on the ASX 200 last week with a 5.8% gain. This fund manager’s shares were rising after it released its latest funds under management (FUM) update. Magellan revealed that its total FUM fell by $1.4 billion or 2% to $68.6 billion during April. As this was a big improvement on recent outflows, some investors appear optimistic the worst could now be over for fund outflows.

    Amcor (ASX: AMC)

    The Amcor share price wasn’t far behind with a gain of 5.4%. Investors were buying the packaging company’s shares following the release of its third-quarter update. That update revealed a 15.6% increase in net sales to US$3,708 million and a 7.2% lift in gross profit to US$731 million. This went down well with Morgans, which retained its add rating and lifted its price target on Amcor’s shares to $18.60.

    Hub24 Ltd (ASX: HUB)

    The Hub24 share price was a positive performer with a 4.5% gain last week. This appears to have been driven by the investment platform provider’s appearance at an investor conference. At the event, Hub24 spoke positively about its outlook and reaffirmed that it is targeting platform funds under administration (FUA) of $83 billion to $92 billion in FY 2024. This compares to its current FUA of $51 billion.

    Reliance Worldwide Corporation Ltd (ASX: RWC)

    The Reliance share price was on form and rose 4.3% over the five days. This appears to have been driven by a broker note out of Morgan Stanley. According to the note, to broker has upgraded the plumbing parts company’s shares to an overweight rating with a $5.40 price target. It believes the company’s shares have been unfairly dragged lower amid fears of slowing new housing construction. However, Morgan Stanley notes that the company has more exposure to the repair and renovation market, which it expects to be more resilient.

    The post These were the best performers on the ASX 200 last week appeared first on The Motley Fool Australia.

    Wondering where you should invest $1,000 right now?

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    Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

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    Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Hub24 Ltd and Reliance Worldwide Corporation Limited. The Motley Fool Australia has positions in and has recommended Amcor Limited and Hub24 Ltd. The Motley Fool Australia has recommended Reliance Worldwide Corporation 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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  • 2 buy-rated ASX dividend shares for income: experts

    A happy woman holds a handful of cash dividendsA happy woman holds a handful of cash dividends

    Experts have rated some leading ASX dividend shares as buys. These are businesses that are both good value according to brokers and are projected to provide a good source of income for investors.

    Not every business that pays a dividend is automatically an attractive ASX dividend share. The valuation can influence whether a business may be able to achieve good capital growth or not.

    Here are two businesses that brokers like right now:

    Centuria Industrial REIT (ASX: CIP)

    This real estate investment trust (REIT) is a large pure-play business when it comes to industrial property in Australia.

    It’s currently rated as a buy by the brokers at Macquarie, with a price target of $4.27. That implies a possible double-digit return for the Centuria Industrial REIT share price over the next year.

    Macquarie expects that Centuria Industrial REIT will pay a distribution yield of 4.8% in FY22 and 5.2% in FY23.

    At the end of the third quarter of FY22, its portfolio occupancy was 98.5%, while the weighted average lease expiry (WALE) was 8.7 years.

    The fund manager of the ASX dividend share, Jesse Curtis, explained the tailwinds that the business is currently seeing:

    Centuria Industrial REIT continues to harness the strong tailwinds of Australia’s industrial real estate market having delivered another strong quarter. Portfolio leasing remains robust with strong tenant customer demand evidenced by leasing volume achieved and high occupancy across the portfolio. Centuria Industrial REIT’s assets are strategically located in markets with low vacancy rates and limited supply and are positioned to benefit from rising rents.

    The increasing trend of onshoring and reshoring supply chains to ensure business continuity, together with continued adoption of e-commerce, has further accelerated demand for last mile, infill locations that are in close proximity to densely populated areas.

    Metcash Limited (ASX: MTS)

    Metcash is a diverse business. It supplies IGA supermarkets and various liquor stores including Cellarbrations, The Bottle-O, IGA Liquor, Duncans, and Thirsty Camel. It also owns hardware businesses including Mitre 10, Home Timber & Hardware, and Total Tools.

    It’s rated as a buy by the broker UBS with a price target of $5.

    The broker noted the recent long-term supply agreement with Australian United to supply its national network of supermarkets and convenience stores, including its Foodworks supermarkets, for another five years.

    Sales to Foodworks in FY21 accounted for around $900 million of the total sales of the $9.4 billion Metcash food pillar.

    The ASX dividend share has committed to a dividend payout ratio of around 70% of underlying net profit after tax (NPAT). The FY22 interim dividend was increased by 31% to 10.5 cents. Metcash says it has a “strong focus on shareholder returns”.

    On UBS’ numbers, the Metcash share price is valued at 16x FY22’s estimated earnings.

    The broker thinks that FY22 Metcash grossed-up dividend yield is going to be 5.5% and in FY23 it will be 5.8%.

    The post 2 buy-rated ASX dividend shares for income: experts appeared first on The Motley Fool Australia.

    Wondering where you should invest $1,000 right now?

    When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

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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 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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  • These were the worst performers on the ASX 200 last week

    A girl wearing yellow headphones pulls a grimace, that was not a good result.

    A girl wearing yellow headphones pulls a grimace, that was not a good result.

    Last week was one to forget for the S&P/ASX 200 Index (ASX: XJO). The benchmark index lost 3.1% of its value to end the period at 7,205.6 points following a global market selloff.

    While a good number of shares dropped with the market, some fell more than most. Here’s why these were the worst performing ASX 200 shares last week:

    AVZ Minerals Ltd (ASX: AVZ)

    The AVZ share price was the worst performer on the ASX 200 last week with a 21.2% decline. Investors were selling this lithium developer’s shares after the release of an update on its Manono Lithium Project in the Democratic Republic of the Congo. Although AVZ revealed the positive news that a mining licence has been granted, it also spoke about an ownership dispute. This could see the company ultimately owning just 51% of the project.

    ARB Corporation Limited (ASX: ARB)

    The ARB share price wasn’t far behind with a disappointing 20.7% decline. The catalyst for this was the release of a market update from the 4×4 parts manufacturer. That update reveals that the company expects to report a 12% increase in revenue to $700 million in FY 2022. However, due to a large increase in costs, its margins and earnings are under significant pressure.

    Imugene Limited (ASX: IMU)

    The Imugene share price was a very poor performer and sank 18.2% over the five days. Investors were selling this biotech’s shares after it announced the termination of a supply agreement with Merck. Although the company downplayed the news, it wasn’t enough for some investors to stick around.

    Life360 Inc (ASX: 360)

    The Life360 share price continued its slide and tumbled 17.9% last week. This follows significant weakness in the tech sector following a selloff on the Nasdaq index. Among the hardest hit were companies that are not yet profitable such as location technology company Life360. Not even its recent update, revealing a 129% increase in revenue to US$52.7 million and a 73% jump in annualised monthly revenue to US$166.1 million, has been able to stop its slide.

    The post These were the worst performers on the ASX 200 last week appeared first on The Motley Fool Australia.

    Wondering where you should invest $1,000 right now?

    When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

    *Returns as of January 12th 2022

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    Motley Fool contributor James Mickleboro has positions in Life360, Inc. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Life360, Inc. The Motley Fool Australia has recommended ARB Corporation 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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  • Could the worst now be over for the AMP share price?

    A group of executives crowd around a laptop hoping and praying with their fingers crossed that the Lynas share price will go upA group of executives crowd around a laptop hoping and praying with their fingers crossed that the Lynas share price will go up

    Could the worst be over for the AMP Ltd (ASX: AMP) share price? For years, AMP shares have been synonymous with ‘poor investment’, no way around it. Over the past five years, AMP shares have lost a painful 77.5% of their value.

    But the past month or so has proved to be quite a happy time for investors. The AMP share price closed on Friday at $1.18. That’s up significantly from the all-time low of just 86 cents that we saw in the early months of 2022. Indeed, AMP remains up a healthy 18% over the year to date and by the same amount over the past month.

    So this marked recovery in AMP’s value might have some optimistic shareholders wondering if the worst is over for the long-suffering financial services company and former ASX 200 blue-chip share.

    So is it?

    Are better times ahead for the AMP share price?

    Well, let’s see what one ASX expert investor reckons. Neil Margolis is the lead portfolio manager at Merlon Captial Partners. He was quoted in a report in the Australian Financial Review (AFR) this week on AMP.

    When asked if the AMP share price had finally turned a corner, he replied “I truly hope so”. Here’s some more of what he said on AMP shares:

    Now, more than ever, it is down to the discipline of the board to return capital to shareholders, rather than engaging in competitive M&A activity. While AMP’s private markets business was worth a lot more a few years ago, at least its carve-up and sale has exposed the excessive capital being ploughed into it to cash out opportunistic clients.

    After completion of the divestments, the vast majority of the company’s current market capitalisation will be backed by cash, earn-outs and other investments, with upside from the remaining platform, banking and advice businesses. Again, we believe downside is limited unless the board allows investment banks into the room to sell the dream of an expanding empire once again.

    AMP is indeed aiming to return capital to shareholders. As my Fool colleague Brendon covered earlier this week, the company is likely to undertake on-market share buybacks with the proceeds of its recent Collimate Capital sales. There is also the possibility of capital returns in the form of a special dividend or an off-market buyback program.

    No doubt shareholders will be hoping AMP can keep the ball rolling.

    At the current AMP share price, the company has a market capitalisation of $3.89 billion.

    The post Could the worst now be over for the AMP share price? appeared first on The Motley Fool Australia.

    Should you invest $1,000 in AMP right now?

    Before you consider AMP, you’ll want to hear this.

    Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and AMP wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

    *Returns as of January 13th 2022

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    Motley Fool contributor Sebastian Bowen 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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  • Own CBA shares? Here’s what to expect when the bank reports next week

    a young boy dressed in a business suit and wearing thick black glasses peers straight ahead while sitting at a heavy wooden desk with an old-fashioned calculator and adding machine while holding a pen over a large ledger book.a young boy dressed in a business suit and wearing thick black glasses peers straight ahead while sitting at a heavy wooden desk with an old-fashioned calculator and adding machine while holding a pen over a large ledger book.

    Shares in Commonwealth Bank of Australia (ASX: CBA) have gyrated in recent months, trading mostly sideways in that time after a spike in March.

    However, scaling back to the start of 2022, the bank has only managed to clip a 1% gain at the time of writing, in line with the S&P/ASX 200 Financials Index (ASX: XFJ).

    In fact, stripping all other ASX financials companies out of the equation and focusing solely on the banks, via the Vaneck Australian Banks ETF (ASX: MVB), the basket has secured a 2% rise on the year. This means CBA is trailing the segment.

    What to expect for CBA shares next earnings?

    Sentiment is mixed on what the bank might report in its upcoming earnings report, with viewpoints ranging from a large pullback in profits to a substantial jump in after-tax income.

    Analysts Matt Ingram and Jack Baxter of Bloomberg Intelligence reckon that CBA could beat estimates by 15% “on the Reserve Bank of Australia (RBA)’s rate hike”.

    “CBA’s 2023 profit could beat market estimates by 15% if consensus’ forecast for a 165 basis point (bps) RBA cash-rate rise is realised, which we think is more likely after the central bank hiked by 25 bps to 35 bps and telegraphed more increases,” the duo wrote in a recent note.

    “CBA’s beat may be less than ANZ and NAB due to its higher reliance on term deposits, but also due to more bullish sell-side estimates, which already forecast a 5-bp jump in margin,” they added.

    Meanwhile, analysts at Citi weren’t as constructive in their criticism of the bank’s expected earnings in their review.

    The broker estimates third quarter cash earnings to increase by 3%, offset by an anticipated 3% rise in operating costs, “generating 5% lower pre-provision profit growth”.

    Finally, if forward ratings from analysts are anything to go by, it appears the experts don’t expect much juice from CBA’s next earnings squeeze.

    Almost 70% of coverage has it as a sell right now, whereas just 1 broker – Jefferies – has it as a buy with a $116 valuation, per Bloomberg data.

    Meanwhile, at the bottom of the scale, Morgans values it at $77 per share.

    The consensus price target is $94.84 from this group, suggesting there’s more downside potential to come if this average number is right.

    The post Own CBA shares? Here’s what to expect when the bank reports next week appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Commonwealth Bank of Australia right now?

    Before you consider Commonwealth Bank of Australia, you’ll want to hear this.

    Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Commonwealth Bank of Australia wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

    *Returns as of January 13th 2022

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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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  • Which ASX 200 mining shares were the worst-performing on Friday?

    a man holds his hands to his head as he looks to a jagged red line trending sharply downward on the wall behind him with graphic images of figures superimposed. It is a back view of the man's head.a man holds his hands to his head as he looks to a jagged red line trending sharply downward on the wall behind him with graphic images of figures superimposed. It is a back view of the man's head.

    The S&P/ASX 200 Resources Index (ASX: XJR) finished the session on Friday down 1.95%. By comparison, the S&P/ASX 200 Index (ASX: XJO) fell 2.16%.

    Let’s take a look at the ASX 200 mining shares that were the big price fallers today.

    The top 5 fallers in ASX 200 mining shares…

    1. The Coronado Global Resources Inc (ASX: CRN) share price lost 8.13% to finish the session at $2.26
    2. The AVZ Minerals Ltd (ASX: AVZ) share price lost 7.14% to finish at 78 cents
    3. The Lake Resources NL (ASX: LKE) share price lost 6.52% to finish at $1.65
    4. The Sims Ltd (ASX: SGM) share price lost 6.16% to finish at $19.04
    5. The Liontown Resources Limited (ASX: LTR) share price lost 5.8% to finish at $1.38.

    And among the mega miners…

    • The South32 Ltd (ASX: S32) share price fell 2.94% to finish at $4.63
    • The Rio Tinto Limited (ASX: RIO) share price fell 2.08% to finish at $109.26
    • The Newcrest Mining Ltd (ASX: NCM) share price fell 1.71% to finish at $26.43
    • The BHP Group Ltd (ASX: BHP) share price fell 1.37% to finish at $46.80
    • The Fortescue Metals Group Limited (ASX: FMG) share price finished the session steady at $20.83.

    The post Which ASX 200 mining shares were the worst-performing on Friday? appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Coronado Global Resources right now?

    Before you consider Coronado Global Resources, you’ll want to hear this.

    Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Coronado Global Resources wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

    *Returns as of January 13th 2022

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    Motley Fool contributor Bronwyn Allen has positions in BHP Billiton Limited and Fortescue Metals Group Limited. 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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  • Here are the top 10 ASX shares today

    Computer key - Top 10 ASX todayComputer key - Top 10 ASX today

    Today, the S&P/ASX 200 Index (ASX: XJO) was painted red all over as the market’s sentiment waned amid a hawkish outlook from central banks. At the end of the session, the benchmark index finished a disappointing 2.16% lower at 7,205.6 points.

    The stampede towards the exit was indiscriminate today, with all ASX sectors firmly in negative territory. To find the best performing sector, we must still settle for a 0.17% loss which was experienced by the consumer staples. This was still leaps and bounds better than the drawdowns across other areas of the market on Friday.

    Taking the cake, tech shares slumped a painful 4.47% — adding to the sector’s sustained weakness in recent months.

    However, the question is: which shares delivered the biggest returns to investors on the ASX today? Unfortunately, on days like today, the market has failed to produce 10 stocks in the green. Nonetheless, these were the shares that managed to hold up the best:

    Top 10 ASX shares countdown today

    Looking at the top 200 listed companies, Janus Henderson Group Plc (ASX: JHG) was the biggest gainer today. Shares in the global fund manager inched 0.64% higher following its unceremonious 14% fall yesterday on the back of disappointing results. Find out more about Janus Henderson Group here.

    The next best performing ASX share across the market today was Elders Ltd (ASX: ELD). The diversified agribusiness operator moved marginally ahead despite there being no announcements from the company. Uncover the latest Elders details here.

    Today’s top 10 biggest gains were made in these ASX shares:

    ASX-listed company Share price Price change
    Janus Henderson Group Plc (ASX: JHG) $38.00 0.64%
    Elders Ltd (ASX: ELD) $14.37 0.35%
    Cimic Group Ltd (ASX: CIM) $22.03 0.14%
    Crown Resorts Ltd (ASX: CWN) $12.84 0.08%
    Domain Holdings Australia Ltd (ASX: DHG) $3.39 0.00%
    Coles Group Ltd (ASX: COL) $18.46 -0.11%
    Nib Holdings Ltd (ASX: NHF) $7.22 -0.14%
    Woolworths Group Ltd (ASX: WOW) $38.08 -0.16%
    Qube Holdings Ltd (ASX: QUB) $2.86 -0.17%
    Monadelphous Group Ltd (ASX: MND) $10.25 -0.19%
    Data as at 4:00 AEST

    Our top 10 ASX shares today countdown is a recurring end-of-day summary to ensure you know which companies were making big moves on the day. Check-in at Fool.com.au after the market has closed during weekdays to see which stocks make the countdown.

    The post Here are the top 10 ASX shares today appeared first on The Motley Fool Australia.

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    Motley Fool contributor Mitchell Lawler has positions in Elders Limited. 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 COLESGROUP DEF SET. The Motley Fool Australia has recommended Elders Limited and NIB Holdings 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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