In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to start the week with another decline. At the time of writing, the benchmark index is down 0.75% to 6,426.8 points.

Four ASX shares that are not letting that hold them back today are listed below. Here’s why they are storming higher:

Appen Ltd ASX: APX)

The Appen share price is up 8.5% to $5.72. Investors have been buying this artificial intelligence data services company’s shares amid speculation that takeover interest may not be over. In addition, the tech sector is performing positively today following a strong night of trade for the Nasdaq on Friday.

Infomedia Limited (ASX: IFM)

The Infomedia share price is up 8% to $1.61. This morning the automotive industry-focused software company revealed that it has received a third non-binding takeover proposal. Infomedia has granted all three suitors with due diligence access. But it may not end at just three approaches. The company revealed that it is in ongoing talks with other parties.

PointsBet Holdings Ltd (ASX: PBH)

The PointsBet share price is up 20% to $2.57. This follows news that the sports betting company has received a major strategic investment from SIG Sports Investment Corp. It has invested $94.16 million into PointsBet via a placement of shares at a 13% premium to its last close price. This makes SIG Sports Investment Corp the company’s largest shareholder with a 12.8% stake.

Vicinity Centres (ASX: VCX)

The Vicinity share price is up 6% to $1.85. This morning this shopping centre operator upgraded its guidance for FY 2022. Vicinity now expects funds from operations to be at or above 12.6 cents per security in FY 2022. This compares to its previous guidance of 11.8 cents to 12.6 cents. Management stated that this “reflects the sustained strength of retail sales and improved negotiation outcomes with retailers.”

The post Why Appen, Infomedia, PointsBet, and Vicinity shares are storming higher appeared first on The Motley Fool Australia.

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More reading

• 3 ASX All Ordinaries shares having a cracking Monday
• Appen share price jumps 10% despite ASX 200 exit: What’s going on?
• ASX 200 midday update: PointsBet jumps, energy shares sink, Vicinity’s upgrade
• Infomedia share price surges 9% following third takeover approach
• These are the 10 most shorted ASX shares

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 Appen Ltd, Infomedia and Pointsbet Holdings Ltd. . The Motley Fool Australia owns Infomedia and Pointsbet Holdings Ltd shares. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The All Ordinaries Index (ASX: XAO) is having a rough start to the week, but these shares are bucking the trend.

While the index is slumping 0.9% at the time of writing, they’re shooting up to 8.5% higher.

Let’s take a closer look at what’s going on with the shares outperforming their All Ordinaries peers on Monday.

3 ASX All Ordinaries shares leaping higher today

Appen Ltd (ASX: APX)

The Appen share price is taking off on Monday despite its removal from the S&P/ASX 200 Index (ASX: XJO). The tech stock was kicked out of the index as part of June’s quarterly rebalance which took effect this morning.

The news doesn’t appear to have damped the ASX All Ordinaries share price, though. Right now, it’s trading 8.54% higher at $5.72.

It’s also a good day for the broader technology sector. The S&P/ASX All Technology Index (ASX: XTX) is currently up 0.5% while the S&P/ASX 200 Information Technology Index (ASX: XIJ) has gained 0.73%.

Infomedia Limited (ASX: IFM)

Another ASX All Ordinaries share partying on Monday is Infomedia. It’s been propelled into the green on the back of a third takeover offer.

Right now, the Infomedia share price is $1.605, 7.72% higher than its previous close.

The automotive industry-focused software-as-a-service provider has been handed a $1.70 per share takeover offer from Solera Holdings.

It has received two other bids in the last few weeks. The first was also worth $1.70 per share while the second was higher at $1.75 per share.

Whether competition for Infomedia breaks into a full-blown bidding war is yet to be seen.

BetMakers Technology Group Ltd (ASX: BET)

The last of today’s ASX All Ordinaries overachievers is the BetMakers share price. The stock has surged 5.31% to trade at 34 cents each on Monday.

While there’s been no news from the bookmaker today, its peer PointsBet Holdings Ltd (ASX: PBH) is heading upwards on news of a strategic investment.

The interest in a fellow ASX betting company may have bolstered sentiment surrounding BetMakers.

The post 3 ASX All Ordinaries shares having a cracking Monday appeared first on The Motley Fool Australia.

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More reading

• Appen share price jumps 10% despite ASX 200 exit: What’s going on?
• Infomedia share price surges 9% following third takeover approach
• These are the 10 most shorted ASX shares
• 5 things to watch on the ASX 200 on Monday
• 3 ASX All Ordinaries shares that leapt more than 10% on Thursday

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 Appen Ltd, Betmakers Technology Group Ltd, Infomedia, and Pointsbet Holdings Ltd. The Motley Fool Australia has recommended Betmakers Technology Group Ltd, Infomedia, and Pointsbet Holdings 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 leading investors from Wilson Asset Management (WAM) have told investors about two compelling All Ordinaries Index (ASX: XAO) ASX shares on their radar.

WAM operates several listed investment companies (LICs). Some, like WAM Leaders Ltd (ASX: WLE), focus on larger companies.

WAM Capital Limited (ASX: WAM) targets “the most compelling undervalued growth opportunities in the Australian market”.

Does WAM have a claim of stock-picking pedigree? The WAM Capital portfolio has delivered an investment return of 15.3% per annum since its inception in August 1999. That’s before fees, expenses, and taxes. This gross return outperformed the All Ordinaries Total Accumulation Index (ASX: XAOA) return of 8.5% per annum over the same timeframe.

Here are the two ASX shares WAM Capital has outlined in its recent monthly update.

Codan Limited (ASX: CDA)

WAM describes Codan as a technology company that develops a range of radio and detection products.

The fund manager pointed out that in May 2022, the company provided a “positive” market update. The update showed that it’s expecting to generate a record full-year profit in FY22, thanks to its strategy to diversify revenue.

The ASX share also says that the increase in profitability of its communications division contributed to the potential for Codan to match its record FY22 first-half profit of $50 million in the second half of the financial year.

WAM says that the company noted the expanding opportunity pipeline for Domo Tactical Communications and Zetron businesses are tracking “ahead of schedule”. Codan acquired the two businesses in 2021. The expectation is that both companies will deliver a strong result for the six months to June 2022.

The fund manager is positive about the upcoming Codan FY22 report and believes in management’s ability to sustain profits.

Johns Lyng Group Ltd (ASX: JLG)

This business continues to be one of the preferred picks by WAM.

Johns Lyng is an integrated building services group delivering building and restoration services across Australia and the United States.

WAM points out that last month, the ASX share announced its managing director and CEO Scott Didier and executive director and chief operating officer Lindsay Barber each sold 1 million shares in the company. The reason provided was to “manage their personal asset portfolios”.

As the fund manager noted, the share sales represented a small percentage of their holdings in the company, but this still led to a decline in the Johns Lyng share price after the update.

But, the ASX share did say that it’s on track to reach its FY22 guidance. Those targets are sales revenue of $802.4 million and earnings before interest, tax, depreciation and amortisation (EBITDA) of $78.7 million.

The fund manager calls Johns Lyng a quality business with an “important role” in managing ongoing catastrophes. As an example, WAM referred to the appointment to lead New South Wales’ flood recovery response earlier this year. WAM thinks that further projects will increase its profits in the future.

The post These 2 ASX shares are ‘compelling opportunities’: fund manager appeared first on The Motley Fool Australia.

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More reading

• Why is the WAM Capital share price down 20% in June?
• Why Codan, Incitec Pivot, Xero, and Zip shares are dropping
• Why is the WAM Capital share price sliding today?
• Appen and PolyNovo tumble after being kicked out of the ASX 200 along with these shares
• 2 ASX shares just had a shocker but are awesome long-term buys: 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 positions in and has recommended Johns Lyng Group Limited. The Motley Fool Australia has recommended Johns Lyng 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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It’s been an unhappy start to the trading week for the S&P/ASX 200 Index (ASX: XJO) this Monday. At the time of writing, the ASX 200 has gotten out on the wrong side of the bed and is presently down by 0.62%.

But let’s not let that get us down. So instead, let’s take a look at the shares that are currently at the top of the ASX 200’s share trading volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Monday

Whitehaven Coal Ltd (ASX: WHC)

ASX 200 coal miner Whitehaven is first up this Monday. So far today, a sizeable 17.02 million Whitehaven shares have found their way around the ASX boards. There’s been no major news out from Whitehaven today, save for a share buyback notice (which could be boosting volumes itself).

However, it’s far more likely that this coal company’s near-6% plunge today is the culprit behind this elevated trading volume. Whitehaven shares have shed 5.8% today and are now going for $4.71 each.

Core Lithium Ltd (ASX: CXO)

It’s lithium stock Core Lithium’s first day as an ASX share today after the company made the cut on the index’s latest rebalancing. And the company is today the ASX 200’s second most traded share by volume, with 20.77 million shares having swapped hands as it currently stands.

Unfortunately, this seems to be in response to Core Lithium’s nasty share price plunge (talk about baptism by fire) today. The company has shed a depressing 6.5% today and is now at $1.08 a share.

Pilbara Minerals Ltd (ASX: PLS)

Our final and most traded company today is another ASX 200 lithium stock in Pilbara Minerals. So far this Monday, a whopping 25.9 million Pilbara shares have been bought and sold on the ASX. And once again, it seems share price volatility is behind this volume.

Pilbara shares haven’t been hit quite as hard as Core Lithium. But this lithium heavyweight is still down a displeasing 3.1% just above $2 a share after trading between $2 and $2.14 over the day thus far.

The post Here are the 3 most heavily traded ASX 200 shares on Monday appeared first on The Motley Fool Australia.

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More reading

• Why is the Temple & Webster share price surging 11% on Monday?
• Why are ASX 200 travel shares lifting off on Monday?
• Why did the BrainChip share price spike 7% this morning?
• What’s with the Core Lithium share price on Monday?
• ASX 200 midday update: PointsBet jumps, energy shares sink, Vicinity’s upgrade

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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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.

On June 13, 2022, the S&P 500 — one of the most popular indexes that tracks the largest 500 US public companies — entered a bear market, dropping more than 20% from its early January 2022 highs. There are no foolproof plans that can save you during a bear market, but there are some things smart investors do to weather the storm. Here are three of them.

1. Don’t panic

When the stock market enters a bear market, the first thing investors need to remember is that bear markets have shown to be an inevitable occurrence in the stock market. They’ve happened in the past and assuming they’ll continue to happen going forward is one of the safer bets you can make. The one thing you don’t want to do in a bear market is panic. Panicking can especially be counterproductive if it causes you to sell your stocks just because of the dropping prices.

The goal should always be to buy low and sell high, not vice versa. If you’re not nearing retirement, you have time on your side to let the market rebound. Not every stock that drops in price eventually rises again, but history has shown us that the major indexes — such as the S&P 500, Dow Jones, and Nasdaq Composite — and the market as a whole tend to bounce back eventually.

2. Focus on diversification

“Don’t put all your eggs in one basket” is a relevant saying in many aspects of life, and investing is no different. Diversification is one of the main investment pillars, and any solid portfolio should have a fair mix of assets. You never want to find yourself in a situation where the success or downfall of your portfolio is too reliant on too few stocks. Diversification is key to reducing some of the risks that come during bear markets.

If your portfolio is well-diversified, you may not experience the hypergrowth that can happen with single companies, but you’re also not totally exposed to sudden drops that can occur. For example, having a good chunk of your portfolio in Netflix (NASDAQ: NFLX) may have been lucrative while it was going from just over $150 per share in June 2017 to over $690 per share in October 2021. But with it dropping close to 70% in 2022, such a portfolio mix could be detrimental.

3. Use dollar-cost averaging

It can be hard not to let your emotions involved when dealing with money under normal circumstances, but this is especially true during bear markets when you’re seemingly losing money. To help with this, investors can begin to dollar-cost average. This involves making regular investments at set times, regardless of how stocks are performing at the time.

Not only does dollar-cost averaging keep you consistent because you invest at set intervals instead of stopping because prices are falling, but it also helps you lower your cost basis during bear markets. Your cost basis is the average price you’ve paid for a particular stock since you’ve likely purchased different shares at different prices over time. The lower your cost basis, the higher your profit when you eventually sell a stock.

The goal is to avoid a situation where you’re trying to time the market. Dollar-cost averaging helps with that. If you believe prices will keep dropping, it’s hard to convince yourself to buy at today’s price if the price will be lower soon. But you never know how long trends last. As an investor, one of the best things you can do is remain consistent and trust that you’re investing in great companies and funds that will produce great long-term returns.

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

The post 3 things the world’s smartest investors do in every bear market appeared first on The Motley Fool Australia.

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More reading

• Here are the 3 most heavily traded ASX 200 shares on Monday
• Why is the Lake Resources share price sinking 14% today?
• Is APA evolving into an ASX-listed hydrogen share on this $260m news?
• Rio Tinto share price sinks on iron ore weakness
• Should you really buy stocks now or wait a while longer?

Stefon Walters 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 Netflix. The Motley Fool Australia has recommended Netflix. 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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The Lake Resources N.L. (ASX: LKE) share price is in the red today amid the company announcing a positive update.

At the time of writing, the clean lithium developer’s shares are down 13.69% to $1.355.

Let’s take a look at what’s driving the fall in the company’s share price.

What’s happened to Lake Resources shares?

Investors are selling off Lake Resources shares as market sentiment wears off across the lithium space.

Shares in lithium peers Core Lithium Ltd (ASX: CXO) are down 6.9% while Sayona Mining Ltd (ASX: SYA) is 7.14% lower.

Furthermore, the S&P/ASX 300 Metals and Mining Industry (ASX: XMM) has dropped 5% today. The index contains the top 300 ASX companies that are involved with gold, steel, and precious metals.

According to an announcement from Lake Resources this morning, the company advised Stu Crow will serve as executive chair on its board.

Crow will oversee the transition to serve the company’s critical North American and Asian supply chains. This includes hiring a new CEO, board members, and establishing the company’s United States offices.

The transition is expected to occur over a six-month period.

Currently, Lake Resources is developing four lithium brine projects in Argentina with more than 150 people working across the sites.

The company has one of the largest lithium lease holdings in Argentina, acquiring more than 2,200 square kilometres of land. The majority of these leases are wholly-owned.

Management commentary

Commenting on the company’s ambitions, Crow said:

Lake’s aspirational target is to reach capacity of 100,000 tonnes per annum by 2030 which will underpin Lake’s ambition to become a leading global producer of sustainable high purity lithium.

We are now establishing a North American presence to serve our off-take customers, continue to work with our US-based technology partner, and engage capital markets.

We are aligning project delivery, extraction technology, and operations. We are interviewing candidates with exceptional experience for the CEO and managing director role, and also candidates for the board to reflect growth of the company in the US markets.

As part of the transition, Lake Resources managing director Steve Promnitz will step down from his role.

Crow further added:

In this regard we are exceptionally grateful for Steve’s pioneering efforts in project generation to establish Lake’s presence in Argentina.

Lake Resources share price snapshot

Despite today’s heavy fall, the Lake Resources share price has been one of the best places to invest in the past year.

In 12 months, the company’s shares are up almost 350%.

Based on valuation grounds, Lake Resources commands a market capitalisation of roughly $1.8 billion.

The post Why is the Lake Resources share price sinking 14% today? appeared first on The Motley Fool Australia.

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More reading

• Top broker names 4 ASX lithium stocks to buy now
• Up 566% in a year, Lake Resources share price surges 10% today
• Lake Resources share price defies rout to leap 14%
• Why Australian Clinical Labs, Lake Resources, PolyNovo, and ResApp are rising
• 3 ASX All Ordinaries shares that have surged 300% in the past year

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 APA Group (ASX: APA) share price may be sliding on Monday, but hopes are likely lifting among ASX hydrogen fans.

The S&P/ASX 200 Index (ASX: XJO) energy infrastructure company has agreed to develop a major pipeline. And it’s making sure the infrastructure can be used to blend hydrogen.

But news of the project — and the announcement of the sale of the company’s Orbost Gas Processing Plant — hasn’t been enough to bolster the company’s stock today.

At the time of writing, the APA share price is $11.22, 0.36% lower than its previous close.

Let’s take a closer look at the latest from the increasingly hydrogen-focused company.

APA share price slumps despite $264m project

The APA share price is lower on Monday amid the company releasing significant news to the market.

APA announced an agreement with Snowy Hydro that will see it develop a 20-kilometre hydrogen-blend ready gas pipeline and 70 terajoule gas storage facility.

The pipeline – named Kurri Kurri Lateral – will run between the Sydney to Newcastle Pipeline and the Hunter Power Project. The gas storage facility will service the Hunter Power Project.

The project’s construction cost is estimated to be around $264 million. It’s expected to be finished by late 2023.

It’s not the first time the company has looked towards blending and transporting hydrogen in its gas pipelines.

APA has previously found sections of existing gas pipelines in Western Australia can be used to transport hydrogen. It has also proposed to test if Victoria’s high-pressure gas transmission system can be used to blend the low-emissions energy commodity.

The company also announced it’s agreed to sell its Orbost Gas Processing Plant to Cooper Energy Ltd (ASX: COE) this afternoon.

The sale will bring in between $270 million and $330 million. The buyer will pay in four instalments within 36 months of completion – expected to be in late July.

According to APA, the book value of the plant is $236 million. The sale’s proceeds will likely exceed both the book value and the plant’s remaining forecast capital expenditure.

Proceeds will be put towards APA’s organic growth pipeline and, potentially, towards repaying debt.

The post Is APA evolving into an ASX-listed hydrogen share on this $260m news? appeared first on The Motley Fool Australia.

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More reading

• 2 ASX 200 infrastructure shares ‘ripe for takeout’: expert
• Why is the APA share price lifting on Wednesday?

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

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The Rio Tinto Limited (ASX: RIO) share price has started the week deep in the red.

In afternoon trade, the mining giant’s shares are down 4.5% to $102.13.

Why is the Rio Tinto share price falling?

Investors have been selling down the Rio Tinto share price on Monday following a pullback in commodity prices.

For example, according to Bloomberg, a host of base metals dropped on Friday night. This includes an almost 7% decline for the iron ore price and a 2.5% decline for the copper price.

These declines appear to have been sparked by fears that rising rates could lead to a global recession and reduce demand for base metals.

This news isn’t just impacting Rio Tinto. Fellow miners BHP Group Ltd (ASX: BHP) and Fortescue Metals Group Limited (ASX: FMG) have also taken a tumble today. They are down 5% and 7%, respectively, at the time of writing.

All in all, this has led to the S&P/ASX 200 Resources index losing a disappointing 4.6% of its value today. This compares unfavourably to a 0.4% decline by the benchmark ASX 200 index.

All eyes will be on iron ore and other base metals when the London Metal Exchange opens later today.

The post Rio Tinto share price sinks on iron ore weakness appeared first on The Motley Fool Australia.

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More reading

• Why are ASX 200 iron ore shares getting hammered on Monday?
• The lithium and iron ore ASX shares that I like right now: expert
• Why is the Rio Tinto share price diving 5% on Friday?
• ‘Force them to give us a discount’: ASX 200 mining shares lift despite China’s latest move to curb iron ore prices
• ASX 200 midday update: ResMed’s US$1bn acquisition, tech shares continue to sink

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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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.

When the stock market is soaring, it’s easy to get into the buying mood. That’s because we actually see investments bearing fruit right away. Even if some share prices are high, the sheer momentum of the whole market offers us confidence that those prices could climb even higher.

But when the stock market stumbles, our eagerness to get in on the action may disappear — and quickly. All at once we ask ourselves how long the downturn will last. We even might doubt the recovery of certain stocks that, in better market conditions, seemed like sure winners.

This scenario is probably playing out for a lot of us right now. The S&P 500 Index slipped into a bear market this week, inflation has been galloping higher, and interest rates are on the rise around the world. Now the question is: Should you really buy stocks right now? Or is it best to wait a while longer? Let’s find out.

The advantages of buying now

First, let’s talk about the advantages of buying stocks now. A huge one is valuation. Many solid stocks have dropped to incredibly low levels. I’m talking bargain basement.

For example, high-growth electric-vehicle maker Tesla (NASDAQ: TSLA) is trading at 56 times forward earnings estimates — down from more than 160 just six months ago. That’s as measures like return on invested capital and free cash flow are climbing.

TSLA PE Ratio (Forward) data by YCharts.

Another example is coronavirus vaccine giant Moderna (NASDAQ: MRNA). The company continues to bring in billions in revenue and profit, and today it’s trading at only 4.6 times forward earnings estimates. That’s down from more than 16 a year ago.

There are plenty of other examples across industries. Today, those stocks that were trading at much higher valuations a short time ago now are available at very reasonable prices.

Another reason to buy now is you avoid the risk of missing out on the eventual rebound. History tells us markets always bounce back. It’s just a question of time. So your favorite players could rise at any moment.

Now let’s talk about the one big disadvantage of buying stocks today — and that’s the risk that the market may fall even more. You might be able to get that stock you’re interested in for an even lower valuation.

And what if stocks remain at this undervalued level for a while? Then you’ll really have to wait to benefit from your investment. This is the reason some investors are hesitating to buy stocks right now.

The importance of long-term investing

Considering these points, what should you do? First, it’s important to note that you only should buy stocks right now if you plan on investing for the long term. By this, I mean at least five years.

This doesn’t mean the downturn will last this long. This is the time horizon I always favor. That’s because it gives a company time to recover — if it happens to go through challenging times such as a period of high inflation. And it gives a company time to grow — no matter what the economic situation.

As always, it’s important to invest what you can afford to invest. That means you should also set aside funds for use in an emergency — so you don’t have to dip into your investments.

As for buying stocks, here’s what I say: When you feel that a company’s business is strong, future prospects are bright, and the price is fair, it’s probably time to get in on that story. So right now could be the perfect time to buy certain stocks.

As mentioned above, share prices could decline further. It’s nearly impossible to grab a stock at its lowest price. But if you invest for the long term, that won’t really matter. You’ll still benefit from your favorite stock’s recovery — and growth in the years to come.

All of this means we shouldn’t fear bear markets. And any day can be the right moment to invest.

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

The post Should you really buy stocks now or wait a while longer? appeared first on The Motley Fool Australia.

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Adria Cimino has positions in Tesla. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Tesla. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Moderna Inc. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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

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It’s been a pretty bleak day for ASX shares so far this Monday. As it currently stands, the S&P/ASX 200 Index (ASX: XJO) has lost 0.54% of its value and is trading around the 6,450 point mark. But no one seems to have told the Temple & Webster Group Ltd (ASX: TPW) share price.

Temple & Webster shares are having an absolute cracker today. The online furniture retailer has exploded in value, rising a pleasing 11.25% to $3.56 a share at the time of writing.

Saying that, this move doesn’t exactly erase the awful share price performance Temple & Webster has endured in recent weeks and months. Even after this dramatic move higher, the company remains down by 1.11% over the past five trading days and a nasty 20% over the past month.

Temple & Webster is also down a depressing 67.1% in 2022 thus far and a nasty 76.4% from the all-time high of $15 a share that we saw back in September last year.

But we digress. So what is behind this company’s explosive performance this Monday?

Why are Temple & Webster shares shooting the moon on Monday?

Well, we can’t be sure. There haven’t been any news or announcements out from Temple & Webster today. Or indeed, in June thus far.

But, as my Fool colleague Brooke noted this morning, ASX online retail shares seem to be collectively having a very positive day. Alongside Temple & Webster shares rising by 11%, we also see Kogan.com Ltd (ASX: KGN) shares gain an impressive 6% or so. City Chic Collective Ltd (ASX: CCX) shares have gained around 5%, while Accent Group Ltd (ASX: AX1) shares are up 3.35%.

So perhaps this is a reaction to the savage sell-off we saw last week. These kinds of companies saw some of the worst of the ASX’s falls last week, with Temple & Webster even hitting a new 52-week low of $3.17 on Friday.

Perhaps value investors have decided in hindsight that these falls were too extreme and have decided to jump back in today.

Whatever the cause of today’s market-bucking moves for online retail shares like Temple & Webster, it will no doubt be welcomed by investors.

At the current Temple & Webster share price, this ASX retailer has a market capitalisation of $429 million.

The post Why is the Temple & Webster share price surging 11% on Monday? appeared first on The Motley Fool Australia.

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More reading

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• Why did the BrainChip share price spike 7% this morning?
• What’s with the Core Lithium share price on Monday?
• ASX 200 midday update: PointsBet jumps, energy shares sink, Vicinity’s upgrade
• Transurban share price jumps as dividends hit pre-pandemic highs

Motley Fool contributor Sebastian Bowen has positions in Kogan.com ltd. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Kogan.com ltd and Temple & Webster Group Ltd. The Motley Fool Australia has positions in and has recommended Kogan.com ltd. The Motley Fool Australia has recommended Accent Group and Temple & Webster 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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