• 3 top ASX shares to buy now and hold for 10 years

    Upward Trending Data Image

    If you’re looking to invest in shares following the recent market crash, then the three listed below could be good options.

    I believe all three have the potential to provide investors with strong returns over the next decade. Here’s why I would buy them:

    a2 Milk Company Ltd (ASX: A2M)

    I’m a big fan of a2 Milk Company due to its long track record of earnings growth, strong and unique brand, massive market opportunity, and sizeable cash balance. Combined, I believe these have positioned a2 Milk Company to continue its strong form for many more years to come. This certainly is expected be the case this year. Management recently upgraded its guidance for the full year thanks to stronger than expected infant formula demand. The top end of its guidance range implies year on year revenue growth of 34.1% and EBITDA growth of 35.4%.

    BetaShares Asia Technology Tigers ETF (ASX: ASIA)

    If you’re interested in investing outside Australia then the BetaShares Asia Technology Tigers ETF could be a good option. This exchange traded fund gives investors exposure to many of the biggest and brightest tech companies in the Asian market. These companies are revolutionising the lives of billions of people in the region and look well-positioned for strong growth over the next decade. The fund includes ecommerce giant Alibaba, search engine company Baidu, and Afterpay Ltd (ASX: APT) shareholder and WeChat owner, Tencent.

    Freedom Foods Group Ltd (ASX: FNP)

    I think this diversified food company could be a good option for investors. Over the last couple of years it has been investing heavily in its future growth. This investment period has now come to an end, leaving Freedom Foods well-placed to reap the benefits. I believe it is in a position to deliver strong earnings growth over the coming years. Especially given the increasing demand its Plant Based Beverage and Dairy Nutritionals businesses continue to experience thanks to the healthy eating trend.

    And don’t miss this recent discovery which could be the best buy on the market right now.

    One “All In” ASX Buy Alert, that could be one of our greatest discoveries

    Investing expert Scott Phillips has just named what he believes is the #1 Top “Buy Alert” after stumbling upon a little-owned opportunity he believes could be one of the greatest discoveries of his 25 years as a professional investor.

    This under-the-radar ASX recommendation is virtually unknown among individual investors, and no wonder.

    What it offers is an utterly unique strategy to position yourself to potentially profit alongside some of the world’s biggest and most powerful tech companies.

    Potential returns of 1X, 2X and even 3X are all in play. Best of all, you could hold onto this little-known equity for DECADES to come

    Simply click here to see how you can find out the name of this ‘all in’ buy alert… before the next stock market rally.

    Find out the name of Scott’s ‘All in’ Buy Alert

    Returns as of 6/5/2020

    More reading

    Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended BetaShares Asia Technology Tigers ETF. The Motley Fool Australia owns shares of A2 Milk and AFTERPAY T FPO. The Motley Fool Australia has recommended Freedom Foods Group Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

    The post 3 top ASX shares to buy now and hold for 10 years appeared first on Motley Fool Australia.

    from Motley Fool Australia https://ift.tt/2LDFqUB

  • Are ASX travel shares like Qantas great value?

    Qantas, travel, plane,

    Are ASX travel shares like Qantas Airways Limited (ASX: QAN) great value because of the coronavirus share market selloff?

    Plenty of other ASX travel shares have seen dramatic declines like Webjet Limited (ASX: WEB), Corporate Travel Management Ltd (ASX: CTD) and Flight Centre Travel Group Ltd (ASX: FLT).

    There’s a lot of conflicting thoughts about whether they’re buys or not. It can be clever to buy when there’s ‘blood in the streets’. But there’s a major reason why they’re trading so much lower. International travel has almost completely stopped. Domestic travel is also very limited right now.

    However, remember that many of the ASX travel shares don’t need international travel to resume. Domestic travel in Australia (and domestic travel in other regions) is expected to resume much sooner. If Aussie travellers simply go to another state rather than another country, then Qantas, Webjet and so on can still get a lot of their volume back.

    Has there been any news for ASX travel shares recently?

    Yesterday we learned that the EU wants to lift travel restrictions so that there can be a tourist season this year. Austria and Germany are the latest countries to remove travel limits. On 15 June 2020 free movement of people within the EU should return. I think it’s a positive move. But of course this is going to be dependent on staying in control of the coronavirus. 

    But today we also heard from the CEO of International Air Transport Association, Alexandre de Juniac, who said that normal international travel may not be back until 2023. I think that could be tough for ASX travel shares.

    I’m not sure that every travel share is good value at the moment. There has been a big shift to business video calling during this period. I believe something like Corporate Travel may not see as quick of a recovery.

    But if I were targeting ASX travel shares then I’d look at Webjet and Qantas first. I think domestic travel will return sooner rather than later, which will mean some earnings can recover and sentiment may return further for the share price. Don’t forget that the RBA interest rate is now very low, which boosts asset prices.

    Travel shares could be strong performers if things go well. But if they don’t travel shares may not recover for some time. These top ASX shares could do well no matter what happens with international travel.

    NEW! 5 Cheap Stocks With Massive Upside Potential

    Our experts at The Motley Fool have just released a FREE report detailing 5 shares you can buy now to take advantage of the much cheaper share prices on offer.

    One is a diversified conglomerate trading 40% off it’s all time high, all while offering a fully franked dividend yield of over 3%…

    Another is a former stock market darling that is one of Australia’s most popular and iconic businesses. Trading at a significant discount to its 52-week high, not only does this stock offer massive upside potential, but it also trades on an attractive fully franked dividend yield of almost 4%.

    Plus, this free report highlights 3 more cheap bets that could position you to profit in 2020 and beyond.

    Simply click here to scoop up your FREE copy and discover the names of all 5 cheap shares.

    But you will have to hurry because the cheap share prices on offer today might not last for long.

    YES! SEND ME THE FREE REPORT!

    Returns as of 7/4/2020

    More reading

    Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Corporate Travel Management Limited and Webjet Ltd. The Motley Fool Australia has recommended Flight Centre Travel Group Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

    The post Are ASX travel shares like Qantas great value? appeared first on Motley Fool Australia.

    from Motley Fool Australia https://ift.tt/2LsVIzg

  • If you invested $10,000 in the Afterpay IPO, this is how much you’d have now

    Dividends

    On Wednesday I looked at how a $10,000 investment in the CSL Limited (ASX: CSL) IPO in 1994 would have fared. Spoiler alert, you’d be very wealthy now.

    Today I thought I would turn my attention to fellow market darling, Afterpay Ltd (ASX: APT).

    The buy now pay later provider hasn’t been listed on the Australian share market anywhere near as long as CSL, but it certainly has achieved a lot during this time.

    For example, here’s me fawning over Afterpay in July 2016 when it was just starting to gain traction with a handful of retailers in Australia.

    Fast-forward to its recent business update and Afterpay now has a total of 48,400 merchants on its platform. This comprises 38,600 merchants in the ANZ market, 9,100 in the U.S. market, and 600 in the UK.

    In addition to this, there are now a whopping 8.4 million active customers transacting through its platform globally. A sizeable 4.4 million of these are in the U.S. market.

    The Afterpay IPO.

    Afterpay has been listed on the Australian share market for just a touch over four years. Its shares landed on the ASX boards on May 4 2016 for $1.00 per share. This gave it a market capitalisation of $125 million.

    This means that a $10,000 investment in its IPO would have yielded you 10,000 shares.

    And although the company has merged with Touchcorp since then, Afterpay shareholders were given one share in the new entity for every share they already owned. So this figure remains the same.

    Today the payments company’s shares are changing hands for $43.46, which implies a market capitalisation of approximately $11.6 billion.

    This means that those 10,000 shares now have a market value of $434,600. I think you’ll agree that this is a stunning return on investment in just four years.

    And given its strong growth potential, I wouldn’t be in a hurry to cash in these shares just yet. Especially if Tencent Holdings opens the door to the Asia market for it in the future. Combined with its other expansion opportunities in North America and Europe, the future looks very bright for this star stock.

    As well as Afterpay, I think these top stocks could provide strong returns for investors over the coming years. They look dirt cheap after the market crash.

    5 cheap stocks that could be the biggest winners of the stock market crash

    Investing expert Scott Phillips has just named what he believes are the 5 cheapest and best stocks to buy right now.

    Courtesy of the crashing stock market, these 5 companies are suddenly trading at significant discounts to their recent highs… creating what could be incredible opportunities for bargain-hungry investors.

    Simply click here to scoop up your FREE copy and discover the names of all 5 cheap shares to buy now… before the next stock market rally.

    See the 5 stocks

    Returns as of 7/4/2020

    More reading

    James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of CSL Ltd. The Motley Fool Australia owns shares of AFTERPAY T FPO. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

    The post If you invested $10,000 in the Afterpay IPO, this is how much you’d have now appeared first on Motley Fool Australia.

    from Motley Fool Australia https://ift.tt/2Wx1bM1

Sorry, but nothing was found. Please try a search with different keywords.