There’s no better way to put it — the Zip Co Ltd (ASX: Z1P) share price has been in a world of pain recently.

Since hitting a high of $12.35 in February 2021, shares in the buy now, pay later (BNPL) payment provider have tumbled 90%. For shareholders, the bleeding decided to continue throughout this week as shares have continued to fall 21% to solidify a new multi-year low at $1.24 per share.

Without any critical announcements being made, what could have put such a sour taste in investors’ mouths this week?

Questions hang over the BNPL business model

While the boom in BNPL shares raged on between 2018 to 2021, some doubts over the sector’s profitability prospects were shared. However, for some, the eye-watering rates of revenue growth being witnessed put those concerns on the back burner.

Fast forward to this week, and those same suspicions around future profitability were back on the table. The half-year results for BNPL operator Afterpay, now owned by Block Inc (ASX: SQ2), were unveiled, and it wasn’t pretty for the bottom line.

Based on the report, Afterpay’s net loss after tax opened up like a hellacious abyss — engulfing $345.5 million of the company’s money for the six-month period. For context, the comparable period involved $79.2 million of money burning.

The massive money spend mostly resulted from an uplift in employment and marketing expenses. This begs the question: is Zip also throwing piles of cash at additional marketing to maintain market share? And, is the BNPL industry really big enough for all these players to coexist?

Evidently, these questions have raised concerns for Zip and its share price. Although, the company narrowed its losses from $455.9 million to $172.8 million in its last half-year report. Prior to this result, Zip’s net losses for the trailing 12-month period were sitting at $658.8 million (as shown above).

Is there a way back for the Zip share price?

As my colleague, Tristan recently covered, Australian broker Ord Minnet is still optimistic about what the future may hold for Zip shares.

In essence, Ord Minnet highlighted that the BNPL company has continued to show growth across its core business. This, paired with the accretive transaction of competitor Sezzle Inc (ASX: SZL), poses reason to believe there is light at the end of the tunnel.

The broker holds a Zip share price target of $4 apiece. This suggests a potential three times return on an investment made at the current price.

The post Why has the Zip share price sunk to new multi-year lows every day this week? appeared first on The Motley Fool Australia.

More reading

• Why Bank of Queensland, Iluka, New Hope, and Zip shares are falling today
• Could the Zip share price ever actually go to zero?
• 3 beaten up shares you might be surprised to learn are still part of the ASX 200
• Why A2 Milk, G8 Education, Nearmap, and Zip shares are dropping
• Zip shares hit new multi-year low. What’s going on?

Motley Fool contributor Mitchell Lawler owns Block, Inc. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns and has recommended Block, Inc. and ZIPCOLTD FPO. The Motley Fool Australia owns and has recommended Block, Inc. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The S&P/ASX All Ordinaries Index (ASX: XAO) climbed 0.6% whilst these three ASX mining shares rocketed by 20% or more on the back of positive news.

So, which three ASX mining shares were they, and by how much did their share prices increase?

MC Mining Ltd (ASX: MCM)

The first ASX mining share to look at is MC Mining. Its share price soared by 32% to 16.5 cents. The company completed a bankable feasibility study for the Makhado hard coking coal project in South Africa. The study found the project has coal resources of 296 million mineable tonnes in situ (MTIS) and contained proved and probable coal reserves of 69.3 million tonnes. The life of the mine is about 22 years. The company hopes to complete financing for the project in the third quarter and commence construction soon afterwards. Interim CEO Sam Randazzo said the study confirmed the project’s “robust economics”.

iTech Minerals Ltd (ASX: ITM)

The next ASX mining share is iTech Minerals. Its share price went 25.93% higher to 51 cents on the back of drilling results. The second round of results from the Kaolin Prospect confirmed significant rare earth element mineralisation in the clay-rich, weathering profile. This project is located on the Eyre Peninsula in South Australia.

Commenting on the news, managing director Mike Schwarz said:

The discovery of thick intervals of REEs in the weathering profile at Caralue Bluff, over a distance of 8 km, has been a highlight of iTech’s maiden exploration program to date.

Kuniko Ltd (ASX: KNI)

The final ASX mining share we’re looking at today is Kuniko. Its share price screamed 21.93% higher to $1.39 after the company reported it is set to start its first diamond drilling program at the Skuterud Cobalt Project on 2 May. The drilling will target three “highly prospective targets” including two “confident” cobalt and copper mineralisation targets. This follows geophysics analysis confirming the presence of conductors at the project.

Commenting on the news, CEO Antony Beckmand said:

With a prevailing and forecast undersupply for this valuable mineral, where current
sources of supply are heavily reliant on Democratic Republic of Congo, Russia and China,
Kuniko is firmly focussed on the rapid development of Skuterud project to bridge the
supply chain gap with ethically sourced, responsibly developed, net zero-carbon cobalt.

The post 3 ASX mining shares that rocketed 20% or more today appeared first on The Motley Fool Australia.

More reading

• Here’s why the Kuniko share price is surging 26% higher today
• Why did the Appen share price rise by a strong 5% today?
• 3 ASX All Ordinaries shares scaling new multi-year peaks today
• How did ASX uranium shares perform last quarter?
• Opportunity knocking? 3 ASX All Ords shares trading at 52-week lows today

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 Bruce Jackson.

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Shares in Liontown Resources Ltd (ASX: LTR) have pared gains in recent days and are now down 12% in the past week. That builds to a 20% drop in the past 8 trading days.

Despite no market updates, investors have been unloading Liontown shares. It now trades in line with 3-month averages, Bloomberg data shows.

What’s up with Liontown Resources shares?

While there’s been no remarkable news from the company, noteworthy is that the price of lithium carbonate just took its first major backward step since December 2020.

Yes, that’s 2020. Lithium carbonate has been on an extended vertical rally for almost 18 months now.

Prices struck an all-time high of 497,500 Chinese Yuan in late March, before heading sideways, and then trading 3% lower where it currently rests.

Lithium pricing had been touted as a key catalyst for Liontown’s share price, notwithstanding the growth of company earnings as well.

In a Motley Fool article yesterday, major broker Macquarie weighed in on the lithium market and tipped its preferred ASX shares …”[they] think ASX lithium shares Allkem Ltd (ASX: AKE) and [Liontown] will outperform their peers”.

Since March, prices of lithium and Liontown’s share price have moved almost in unison, as seen on the chart below.

In the absence of any other market catalysts, it appears the pause in the lithium rally may have transcended over into the Liontown share price.

In the past 12 months, Liontown shares have surged more than 342% but dipped 60 basis points into the red this year to date.

The post Why has the Liontown share price tumbled 20% in 8 days? appeared first on The Motley Fool Australia.

More reading

• Which ASX lithium shares does Macquarie tip to outperform?
• These were the worst performers on the ASX 200 last week
• Why not all ASX lithium shares are winners from surging commodity prices
• 2 hot ASX lithium stocks brokers rate as buys
• Is a bubble forming for ASX green metals shares?

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 Bruce Jackson.

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If you’d like to make some investments but aren’t sure which shares to buy, you could look at exchange traded funds (ETFs) instead.

But which ETFs could be buys? Two that are very popular are listed below. Here’s what you need to know about them:

BetaShares NASDAQ 100 ETF (ASX: NDQ)

The first ETF to look at is the BetaShares NASDAQ 100 ETF. This ETF provides investors with easy access to 100 of the largest non-financial companies listed on Wall Street’s famous exchange.

Among the 100 shares included in the ETF are giants such as Amazon, Apple, Meta (Facebook), Microsoft, Netflix, Nvidia, Tesla, and Google parent, Alphabet.

BetaShares thinks this ETF is a good option for Australian investors. It notes that the Nasdaq 100 ETF’s strong focus on technology provides diversified exposure to a high-growth potential sector that is under-represented in the Australian sharemarket.

VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)

Another ETF for investors to look at is the VanEck Vectors Morningstar Wide Moat ETF. It could be a top option for investors that are fans of Warren Buffett and his investment style.

That’s because this ETF aims to invest in a group of companies that are deemed to be fairly valued and have sustainable competitive advantages. The latter is something that Mr Buffett calls moats, hence the name of the ETF.

At present there are a total of 52 shares included in the VanEck Vectors Morningstar Wide Moat ETF. This includes companies from a range of sectors such as Adobe, Amazon, Boeing, Campbell Soup, Constellation Brands, Lockheed Martin, Microsoft, Walt Disney, and Wells Fargo.

As the ETF has generated an average annual return of 19.2% over the last 10 years, this investment strategy appears to have merits. If Warren Buffett’s long track record wasn’t enough evidence for you!

The post Here are 2 fantastic ETFs for ASX investors to buy appeared first on The Motley Fool Australia.

More reading

• Does the Betashares Nasdaq 100 ETF pay dividends?
• Top ASX shares to buy in April 2022
• 3 top ETFs for ASX investors in April
• Are these 2 top ETFs buys in April?
• Here are 4 popular ETFs for ASX investors to check out

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. owns and has recommended BETANASDAQ ETF UNITS. The Motley Fool Australia owns and has recommended BETANASDAQ ETF UNITS. The Motley Fool Australia has recommended VanEck Vectors Morningstar Wide Moat ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Treasury Wine Estates Ltd (ASX: TWE) share price has been out of form in 2022.

Since the start of the year, the wine giant’s shares are down 11%.

Is the weakness in the Treasury Wine share price a buying opportunity?

While the pullback in the Treasury Wine share price this year has been disappointing, one leading broker sees it as an opportunity for investors to pick up shares.

According to a note out of Citi, its analysts have retained their buy rating and $13.78 price target on the company’s shares.

Based on the current Treasury Wine share price, this implies potential upside of 24% for investors over the next 12 months.

What did the broker say?

Citi has been looking over the recent quarterly update from rival Constellation Brands.

While it notes that Constellation Brands has been battling inflationary pressures and expects Treasury Wine to be facing the same headwinds, it remains positive on the company’s outlook.

Particularly given its premiumisation strategy, price increases, and the reopening of higher margin channels. These are expected to help offset some of these cost pressures. Citi commented:

“Constellation Brands’ 4Q22 result (ending 28 Feb 22) revealed inflationary pressures adversely impacted earnings, with cost headwinds likely to continue in FY23 (ending Feb 23). This is consistent with cost pressures flagged by Treasury at its Feb 22 result.

Based on the Constellation result it is unknown whether the A$5 million to A$10 million headwind relating to 2H22 packaging costs that Treasury flagged at its 1H22 result will be sufficient. Nonetheless, we expect some of these cost pressures Treasury is facing to be offset by price rises of popular wine brands (Constellation also doing this), premiumisation and re-opening of higher margin on premise channels.”

The post Top broker tips Treasury Wine share price to rise almost 25% appeared first on The Motley Fool Australia.

More reading

• Leading brokers name 3 ASX shares to buy today
• Can the Treasury Wine share price have a better month in April?
• 3 more of the ‘best’ ASX 200 shares to buy this month: Morgans
• The Treasury Wine (ASX:TWE) dividend is being paid today. Here’s the lowdown
• 5 things to watch on the ASX 200 on Friday

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 Treasury Wine Estates Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The S&P/ASX 200 Index (ASX: XJO) is lifting on Thursday, boosting these shares to new 52-week highs.

Right now, the index is up 0.64%, trading at around its highest point since January.

And three of its constituents are using the day’s strong trade to surpass their own prior performance ­– trading at their highest point in at least a year.

So, which ASX 200 shares are reaching new 12-month highs on Thursday? Let’s take a look.

3 ASX 200 shares bouncing to new 52-week highs

Allkem Ltd (ASX: AKE)

The Allkem share price launched 7% to a new 52-week (and all-time) high of $14.27 on Thursday morning.

The lithium miner’s gains followed the release of an update on the company’s performance over the March quarter.

Allkem’s revenue for the three months ended 31 March reached US$235 million, boosted by an average lithium price of US$2,178 per dry metric tonne.

Despite its surge in early Thursday trade, the Allkem share price has since settled to trade at $13.47, 1.58% higher than its previous close.

APA Group (ASX: APA)

Another ASX 200 share hitting a new 52-week high on Thursday is none other than APA Group.

The energy infrastructure company’s stock leapt 2.5% this morning, reaching a new 52-week high of $11.09. That’s the highest the company’s stock has traded since 2020.

There’s no obvious reason behind its gains on Thursday. However, it’s been a good day for many of its peers on the S&P/ASX 200 Industrials Index (ASX: XNJ). The sector is currently up 0.97%.

Endeavour Group Ltd (ASX: EDV)

The third ASX 200 share hitting a new 52-week high on Thursday is Endeavour.

The drinks and hospitality company’s stock rose 1.1% to trade at $7.81 today. That’s the highest its ever reached, after splitting from Woolworths Group Ltd (ASX: WOW) last year.

There hasn’t been any price-sensitive news released by the company since February.

However, it did open its first premium Dan Murphy’s Cellar store yesterday. The store houses wine with price tags of up to $160,000 a bottle.

The company also opened its first bar ­– ZERO% – in Melbourne late last month. If the name didn’t give it away, the bar serves non-alcoholic beverages only, with a range of more than 30 drinks available.

The post 3 ASX 200 shares hopping to new 52-week highs today appeared first on The Motley Fool Australia.

More reading

• Why Allkem, Domino’s, Qantas, and Uniti shares are racing higher
• Lithium boom: Allkem share price hits record high on Q3 update
• Which ASX lithium shares does Macquarie tip to outperform?
• ASX 200 midday update: Bank of Queensland sinks, Allkem jumps
• New ASX uranium share to hit boards next month and investors are already pouncing

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 owns and has recommended APA Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The S&P/ASX 200 Index (ASX: XJO) looks to be giving investors a pre-Easter treat during this last day of trading before the long weekend. At the time of writing, the ASX 200 is up by another 0.54% and is back over 7,500 points.

But let’s delve deeper into the ASX 200 and check out the shares currently topping the market’s share volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Thursday

Uniti Group Ltd (ASX: UWL)

Our first ASX 200 share up today is the telco Uniti. Uniti has had a sizeable 22.61 million of its shares bought and sold on the markets thus far this Thursday. This is probably a result of the big announcement the company made this morning. Uniti has revealed that it was entered into a deal with the Morrison/Brookfield consortium that will see Uniti acquired in full at a price of $5 a share. 

As one might expect, the Uniti share price has raced toward that level today and is currently up a healthy 3.11% at $4.97 right now. This news and share price bump is the likely reason why we are seeing so many shares trading today.

AVZ Minerals Ltd (ASX: AVZ)

Lithium stock AVZ Minerals is next up this Thursday. We have seen a notable 27.83 million AVZ shares swap hands as it currently stands today. This ASX 200 lithium share has put out no major news or announcements today. However, the AVZ share price is currently up a robust 1.74% at $1.17. This follows the big announcement yesterday that AVZ’s flagship mine in the Democratic Republic of the Congo has received a final approval. 

Paladin Energy Ltd (ASX: PDN)

Paladin Energy is our final and most traded share of the day at present. We have seen a whopping 32.65 million Paladin shares find a new home on the markets so far today. Again, there has been no news or announcements out of this ASX 200 uranium share.

In saying that, we have seen a big share pice move with this company. The Paladin share price is currently up a pleasing 6.04% at 97 cents a share. This comes amid recent gains in the uranium price, as well as some love from some ASX brokers for Paladin shares themselves. It’s probably a combination of these factors that is leading Paladin to top our most traded shares list today. 

The post These 3 shares are topping the ASX 200 volume charts on Thursday appeared first on The Motley Fool Australia.

More reading

• The BHP share price has had a stellar start to the year. Is it just the beginning?
• Why Allkem, Domino’s, Qantas, and Uniti shares are racing higher
• The Paladin Energy share price has surged 19% in a week. Here’s why these brokers are tipping more gains
• The CBA share price has leapt 14% since February. Too late to buy?
• ASX 200 midday update: Bank of Queensland sinks, Allkem jumps

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 recommended Uniti Group Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Flight Centre Travel Group Ltd (ASX: FLT) share price is soaring today, up 5.2% in late afternoon trading. By comparison the S&P/ASX 200 Index (ASX: XJO) is up 0.6% at this same time.

Flight Centre shares opened this morning at $20.17 and are currently trading for $21.23.

So, what’s driving ASX investor interest?

Why is the Flight Centre share price outperforming today?

The Flight Centre share price has joined in with other ASX 200 travels share – like Qantas Airways Limited (ASX: QAN) and Webjet Limited (ASX: WEB) – in charging ahead today.

The impetus looks to be partly driven by strong results and bullish statements from US airline giant Delta Air Lines Inc (NYSE: DAL), which closed up 6.2% yesterday (overnight Aussie time).

In yesterday’s earning’s report Delta stated:

Domestic consumer revenues are exceeding 2019 levels and the recovery in business travel, revenue has accelerated as offices reopen and business travellers rebuild face-to-face relationships. Demand for long-haul international is growing, as travel restrictions lift…

This comes despite fast rising jet fuel costs, which are being offset by higher ticket prices.

According to Delta’s CEO Ed Bastian (quoted by The New York Post), “We are seeing a historic level of sales activity and booking volumes at levels higher than we’ve ever seen in our history.”

With those kinds of figures coming out of the US, the Flight Centre share price looks to be catching some helpful tailwinds today.

Factoring in today’s intraday gains, Flight Centre shares are up 12.9% since this time last month.

The post Here’s why the Flight Centre share price is soaring 5% higher today appeared first on The Motley Fool Australia.

More reading

• What’s impacting the Flight Centre share price today?
• Why is the Flight Centre share price still the most shorted on the ASX?
• These are the 10 most shorted ASX shares
• What went so wrong for ASX travel shares today?
• The Flight Centre share price is diving 5% today. What’s next in April?

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 Flight Centre Travel Group Limited and Webjet Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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On Wednesday, we looked at three ASX shares that brokers have given buy ratings to this week. Unfortunately, not all shares are in favour with brokers right now.

Three ASX shares that have just been given sell ratings by brokers are listed below. Here’s why they are bearish on them:

Fortescue Metals Group Limited (ASX: FMG)

According to a note out of Goldman Sachs, its analysts have retained their sell rating but lifted their price target on this mining giant’s shares to $15.20. The broker believes Fortescue’s shares are extremely overvalued in comparison to BHP Group Ltd (ASX: BHP) and Rio Tinto Limited (ASX: RIO). It also has concerns over capex and execution risks for the Iron Bridge & Fortescue Future Industries businesses. The Fortescue share price is trading at $21.64 today.

Iluka Resources Limited (ASX: ILU)

A note out of Citi reveals that its analysts have downgraded this mineral sands and rare earths producer’s shares to a sell rating with a $10.50 price target. Citi made the move on valuation grounds following a very strong rise by its shares over the last few months. It also highlights that it will still be several years until Iluka is generating revenue from the Eneabba rare earths refinery. The Iluka share price is fetching $12.45 on Thursday.

New Hope Corporation Limited (ASX: NHC)

Analysts at Goldman Sachs have downgraded this coal miner’s shares to a sell rating with a $3.00 price target. According to the note, the broker downgraded New Hope’s shares on valuation grounds. It notes that its shares have rallied hard in recent months and now trades at 1.3x net asset value. In addition, the broker sees plenty of value on offer elsewhere in the resources sector. The New Hope share price is trading at $3.55 this afternoon.

The post Top brokers name 3 ASX shares to sell today appeared first on The Motley Fool Australia.

More reading

• Why Bank of Queensland, Iluka, New Hope, and Zip shares are falling today
• Here’s why the New Hope share price is sliding 7% today
• How do you value the Fortescue share price in April 2022?
• 5 things to watch on the ASX 200 on Thursday
• Why AVZ, EML, Iluka, and Webjet shares are charging higher

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 Bruce Jackson.

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Has any S&P/ASX 200 Index (ASX: XJO) blue-chip share been more pleasing to own in recent months and years than BHP Group Ltd (ASX: BHP)? You’d be pressed to argue against that question after looking at the numbers.

Today so far, BHP has gained a healthy 1.41% to $52.51 per share at the time of writing. That puts this mining giant’s share price performance over the past four weeks at 15.74%.

Over 2022 so far, BHP is now up a pleasing 23.9%. That compares very well against the ASX 200 which is still in the red by 0.9%.

Over the past 12 months, the performance has been more muted at a 14.14% gain. But over the past five years, BHP has given its investors a staggering return of 118%.

Add several dividend payments that have broken BHP’s very long list of record payouts and showered investors with cash, and you have an investment that has no doubt made plenty of people feel very grateful.

But is a 23.9% return in 2022 so far as good as it will get for the Big Australian? Or is this just the beginning for BHP shares? Let’s check out what some ASX investing experts reckon.

Is the BHP share price a buy or sell today?

BHP share price: Buy or sell?

One ASX broker who is bullish on BHP today is Morgans. As my Fool colleague reported last week, Morgans currently has an add rating on BHP shares. Although its 12-month target of $51.80 is a little below the company’s current share price, Morgans likes BHP for its “upside sensitivity, balance sheet strength and resilient dividend profile”.

But Morgans isn’t the only broker who likes what it sees at BHP. As we also covered last week, brokers at Macquarie are even more optimistic about BHP shares.

Macquarie has placed an outperform rating on BHP, replete with a 12-month share price target of $61. That would imply a further upside of 16% over the coming year. The broker is anticipating that high iron ore and coal prices will put a high floor under BHP’s earnings, cash flow, and dividends over the next few years.

So, that is how two ASX investing experts are seeing BHP shares right now. No doubt that will come as good news for existing shareholders.

At the current BHP share price, this ASX 200 miner has a market capitalisation of $262 billion with a trailing dividend yield of 9.26%.

The post The BHP share price has had a stellar start to the year. Is it just the beginning? appeared first on The Motley Fool Australia.

More reading

• The CBA share price has leapt 14% since February. Too late to buy?
• ASX 200 midday update: Bank of Queensland sinks, Allkem jumps
• 5 things to watch on the ASX 200 on Thursday
• Here are the top 10 ASX shares today
• 3 ASX All Ordinaries shares scaling new multi-year peaks today

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 recommended Macquarie Group Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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