• Are these 2 leading ETFs great buys in March 2022?

    There are some leading exchange-traded funds (ETFs). Are they top candidates for the long-term?

    Individual businesses can have plenty of growth potential, but there are ETFs that give investors exposure to a whole group of companies with typically good prospects.

    With that in mind, here are two options:

    Betashares Nasdaq 100 ETF (ASX: NDQ)

    This ETF gives investors exposure to 100 of the biggest businesses on the NASDAQ, which is a North American stock exchange.

    Many of the biggest technology businesses in the world are listed on the NASDAQ, such as Microsoft, Apple, Amazon and Alphabet. These businesses are ones that have dominant global positions in their respective markets and continue to introduce products that are changing how we work, learn or entertain ourselves.

    But there are more tech businesses in this portfolio than just the ones with market capitalisations over a trillion dollars.

    These are some of the other tech names in the portfolio, which all continue to aim to improve the world with their services: Nvidia, Tesla, Meta Platforms, Adobe, Broadcom, Cisco Systems, Advanced Micro Devices, Intl, Qualcomm, Netflix, Texas Instruments, Intuit and PayPal.

    But the ETF is not all tech either, there is diversification in other areas. Costco, PepsiCo, Intuitive Surgical and Starbucks are some of the larger positions.

    Since inception in May 2015, the NDQ ETF has returned an average of 21.9% per year, that’s after the management fees of 0.48% per annum.

    VanEck Video Gaming and Esports ETF (ASX: ESPO)

    This ETF is about giving investors the ability to invest in the global video gaming and e-sports industry. There are only 26 holdings in the portfolio, but several places are represented: the US, Japan, China, South Korea, Singapore, France, Sweden, Taiwan and Poland.

    The video gaming business is now larger than both the movie and music industries. Video gaming has achieved 12% average annual growth since 2015. The e-sports sector has opened up a number of new revenue streams including: game publisher fees, media rights, merchandise, ticket sales and advertising.

    Global games revenue is expected to grow from around US$100 billion in 2016 to US$200 billion in 2023.

    VanEck believes that the ESPO ETF has a “dynamic growth opportunity”, giving investors exposure to tech away from the typical ‘FAANG’ names. The fund provider believes this ETF can be a long-term growth story.

    These are some of the ETF’s biggest holdings: Tencent, Activision Blizzard, Nintendo, Nvidia, Advanced Micro Devices, Netease, Electronic Arts and Take-Two Interactive Software.

    The post Are these 2 leading ETFs great buys in March 2022? appeared first on The Motley Fool Australia.

    Should you invest $1,000 in VanEck Video Gaming and Esports ETF right now?

    Before you consider VanEck Video Gaming and Esports ETF, 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 VanEck Video Gaming and Esports ETF 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 Tristan Harrison 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 ETF Trust – VanEck Vectors Video Gaming and eSports 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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  • 2 top ASX shares this broker loves

    a geeky looking man wearing a vest and a bow tie clutches a stuffed love heart as he is covered in lipstick kisses from an attractive woman leaning into him and kissing him on the cheek.

    a geeky looking man wearing a vest and a bow tie clutches a stuffed love heart as he is covered in lipstick kisses from an attractive woman leaning into him and kissing him on the cheek.a geeky looking man wearing a vest and a bow tie clutches a stuffed love heart as he is covered in lipstick kisses from an attractive woman leaning into him and kissing him on the cheek.

    If you’re looking to take advantage of recent market weakness, then it could be worth considering the ASX shares listed below.

    Both have recently been named as buys by the team at Bell Potter. Here’s what its analysts are saying:

    Premier Investments Limited (ASX: PMV)

    This retail conglomerate’s shares could be in the buy zone according to Bell Potter. Its analysts have put a buy rating and $32.00 price target on its shares. Which, based on the current Premier Investments share price of $27.79, suggests potential upside of 15% for investors.

    The broker sees opportunities for the Peter Alexander brand to expand globally and appears optimistic that the Smiggle brand will rebound now children are returning to school.

    Bell Potter said: “PMV has been an outperformer throughout COVID-19, demonstrating resilient sales performance underpinned by market leading omni-channel capabilities that leverage off a wholly owned DC. We see several key positive catalysts over the next 12-24 mths including the continued rebound in Smiggle, the potential launch of Peter Alexander in new offshore markets, plus M&A opportunities. We retain our Buy rating on the stock.”

    Temple & Webster Group Ltd (ASX: TPW)

    Bell Potter remains positive on this online furniture retailer following its first half update.

    Its analysts have upgraded its shares to a buy rating and put a $12.10 price target on them. This implies potential upside of 72% based on the current Temple & Webster share price of $7.03.

    Bell Potter remains positive on its outlook and believes recent share price weakness is a buying opportunity.

    The broker explained: “We have moderated our revenue growth forecasts as conservative measure in a rising interest rate environment, although we are yet to allow for upside from TPW’s Home Improvement offering. The net effect is our PT reduces to $12.10 (previously $12.75).”

    “Following TPW’s share price retreat, we believe valuation is now more appealing with FY23e EV/sales ~1.8x. Also, TPW’s new growth horizons (B2B / Home Improvement), the structural shift to online plus M&A prospects, provide attractive offsetting benefits vs potential risks from the housing cycle. Accordingly, we upgrade from Hold to Buy,” it concludes.

    The post 2 top ASX shares this broker loves 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 no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns and has recommended Temple & Webster Group Ltd. The Motley Fool Australia has recommended Premier Investments Limited and Temple & Webster Group 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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  • 2 popular ETFs you need to know

    Man looking at an ETF diagram.

    Man looking at an ETF diagram.Man looking at an ETF diagram.

    Exchange traded funds (ETFs) can be a great way for investors to diversify a portfolio. This is because they give investors access to a large group of shares through just a single investment.

    But which ETFs should you look at? Listed below are two ETFs that are popular with ASX investors. Here’s what you need to know and why they could be worth getting better acquainted with them:

    BetaShares Asia Technology Tigers ETF (ASX: ASIA)

    The first ETF for ASX investors to look at is the BetaShares Asia Technology Tigers ETF. This popular ETF gives investors easy exposure to many of the Asian region’s most exciting growth shares. At present, the ETF is home to ~50 tech companies that are leading Asia’s technological revolution.

    Among its holdings are giants such as Alibaba, JD.com, Pinduoduo, Samsung, Taiwan Semiconductor, and WeChat owner Tencent. In respect to Pinduoduo, it is a US$65 billion e-commerce platform with an active customer base closing in on a whopping 1 billion. This makes local online retailer Kogan.com Ltd (ASX: KGN) and its ~4 million active customers look miniscule.

    Betashares Global Sustainability Leaders ETF (ASX: ETHI)

    Another ETF for ASX investors to take a closer look at is the Betashares Global Sustainability Leaders ETF. This ETF gives investors exposure to large global stocks that have been identified as “Climate Leaders.”

    BetaShares notes that this ETF allows investors to invest in a way that is consistent with their ethical standards. The fund manager highlights that the ETF combines positive climate leadership screens with a broad set of ESG criteria, offering investors a true-to-label ethical investment solution. Among the shares included in the fund are the likes of Adobe, Apple, Home Depot, Nvidia, Toyota, and Visa.

    The post 2 popular ETFs you need to know 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 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 BetaShares Asia Technology Tigers 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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  • Morgans just upgraded these ASX shares to buys

    If you’re looking for some new additions to your portfolio in March, then you may want to check out the shares listed below.

    These ASX shares have recently been upgraded to buy ratings by the team at Morgans. Here’s what the broker is saying about them:

    Cochlear Limited (ASX: COH)

    Morgans is positive on this hearings solutions specialist and upgraded its shares to an add rating with a $233.20 price target last week.

    Its analysts were impressed with Cochlear’s half year results, which came in ahead of expectations thanks to strong sales growth and expanding margins. Looking ahead, the broker believes the company’s earnings profile is improving, potentially making it a good time to invest.

    Morgans explained: “While we continue to believe a full recovery from COVID-based disruptions still has time to play out, improving demand and strong pipeline, coupled with management’s increasing confidence, is all suggestive of an improving earnings profile.”

    Super Retail Group Ltd (ASX: SUL)

    This retail conglomerate could be in the buy zone according to Morgans. Last week the broker upgraded its shares to an add rating with a $13.80 price target.

    The broker notes that its shares have been sold off following its results and feels this has created a buying opportunity for investors.

    Morgans commented: “Adjusting for the timing of Boxing Day, SUL’s 1H22 EBIT was 3% above our forecast. Sales were considerably better than expected, with BCF, Supercheap Auto and rebel all delivering double-digit LFLs on a two-year stack. There are no major changes to our full year EBIT estimates. We upgrade our rating from HOLD to ADD as today’s share price decline has put the stock on an FY23F P/E of 12.3x and EV/EBIT of 10.3x, which we see as too low for the quality of the business.”

    The post Morgans just upgraded these ASX shares to buys 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 no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns and has recommended Cochlear Ltd. and Super Retail Group Limited. The Motley Fool Australia owns and has recommended Super Retail Group Limited. The Motley Fool Australia has recommended Cochlear 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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  • 2 compelling ASX shares that could be buys in March 2022

    ASX shares upgrade buy Woman in glasses writing on buy on board

    ASX shares upgrade buy Woman in glasses writing on buy on boardASX shares upgrade buy Woman in glasses writing on buy on board

    Reporting season has (nearly) finished and there are plenty of ASX shares that could now be interesting investment opportunities after the recent share market volatility.

    When a company releases a result, the market gets insight into how things are going, the short-term outlook and management’s plans for future growth.

    After some share price movements, these two ASX shares could be compelling:

    Adairs Ltd (ASX: ADH)

    Adairs is a leading retailer of homewares, furnishings and furniture. The company now runs three businesses after acquisitions – Adairs, Mocka and Focus on Furniture.

    The Adairs share price has fallen 29% since the start of the 2022 calendar year.

    It was difficult in the first six months for the company with store closures and COVID-19 impacting consumer confidence. Adairs said that these disruptions should not be recurring in the medium-term and the underlying business continues to perform well.

    Total half-year sales, including $12.5 million from Focus, were down 0.5% year on year. Group online sales (excluding Focus) were up 8.2% to $97.6 million. The underlying earnings before interest and tax (EBIT) from the Adairs and Mocka businesses essentially halved year on year.

    However, there were some non-financial positives achieved – Adairs’ store floorspace rose 3.8% (and 8.6% in the last 12 months), Linen Lover membership is closing in on 1 million customers (up 10% in 12 months), it acquired Focus on Furniture and the national distribution centre (NDC) is operational.

    Some plans of the ASX share to grow the profit include: upsizing stores, growing the store network, increasing online sales, becoming more efficient (helped by the new NDC) and increasing Mocka’s presence in Australia.

    Looking ahead, Commsec numbers suggest the Adairs share price is valued at under 7x FY24’s estimated earnings with a FY24 grossed-up dividend yield of 15.4%.

    Lovisa Holdings Ltd (ASX: LOV)

    Lovisa is a rapidly growing jewellery business that is generally targeted at the younger end of the consumer world.

    It already has a global presence with at least 10 stores in: Australia, New Zealand, Singapore, Malaysia, South Africa, the UK, France, Germany, Belgium the USA and the Middle East. It also has a small presence in a few other European countries. It opened 42 net new stores in the first six months of FY22.

    The ASX share reported in its FY22 half-year result that demand and profitability came roaring back. Revenue rose 48.3%, earnings before interest and tax (EBIT) jumped 59% and net profit after tax (NPAT) rose 70.3% to $36.7 million.

    Whilst the company was impacted by COVID, higher freight costs and logistics, it saw strong growth across most major markets as economic conditions improved. The company’s online sales grew 36%, but it thinks it’s only at the ‘infancy’ stage of its global online offering – it’s investing to deliver growth here whilst ensuring it maintains profitability.

    Total sales in the first eight weeks of the second half were up 61.7%.

    The company is quickly adding to its store network. In the US it added 18 new stores and it’s now trading from 19 US states. It has put in place a global leasing team to drive growth from existing and “new markets.”

    Looking at Commsec estimates, the Lovisa share price is valued at 26x FY24’s estimated earnings with a projected partially franked dividend yield of 3%.

    The post 2 compelling ASX shares that could be buys in March 2022 appeared first on The Motley Fool Australia.

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

    Before you consider Lovisa, 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 Lovisa 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 Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns and has recommended ADAIRS FPO. The Motley Fool Australia owns and has recommended ADAIRS FPO. The Motley Fool Australia has recommended Lovisa Holdings 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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  • Analysts are tipping massive upside potential for these ASX growth shares

    Concept image of a businessman riding a bull on an upwards arrow.

    Concept image of a businessman riding a bull on an upwards arrow.Concept image of a businessman riding a bull on an upwards arrow.

    Listed below are two ASX growth shares with major upside potential, according to analysts.

    Here’s what you need to know about these growth shares:

    Adore Beauty Group Limited (ASX: ABY)

    Adore Beauty is a leading online retailer in the Australian beauty and personal care (BPC) market. Earlier this month, the company released its half year results and revealed an 18% increase in revenue over the prior corresponding period to $113.1 million.

    This was underpinned by a 13% increase in active customers to 876,000 and a 5% increase in annual revenue per active customer to $224. Even if you annualise its half year sales, it is still only a small slice of the $11.2 billion BPC market. This gives Adore Beauty a long runway for growth over the next decade as more and more beauty sales shift online.

    In response to its result, the team at Shaw and Partners put a buy rating and $3.50 price target on its shares. This compares to the latest Adore Beauty share price of $2.12.

    Allkem Limited (ASX: AKE)

    Allkem is a top five global lithium mining company with a collection of high quality assets across several locations. These include Olaroz project in Argentina, Mt Cattlin in Western Australia, the Sal de Vida brine project in the lithium triangle, and the James Bay project in Canada.

    It appears well-placed for growth in the coming years thanks to sky high lithium prices and its production growth opportunities.

    The team at Bell Potter is very bullish on Allkem. The broker even named it the “go-to stock for multi-project exposure to lithium markets.” Its analysts currently have a buy rating and $17.51 price target on the company’s shares. This compares to the latest Allkem share price of $9.10.

    The post Analysts are tipping massive upside potential for these ASX growth shares 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 owns Orocobre Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Adore Beauty Group Limited. The Motley Fool Australia has recommended Adore Beauty 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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  • 2 top ASX dividend shares with 4%+ yields

    If you’re looking to boost your income with some dividend shares, then the ones listed below could be worth considering.

    Both dividend shares are expected to provide investors with attractive yields in the near term. Here’s what you need to know about them:

    Rural Funds Group (ASX: RFF)

    The first ASX dividend share to look at is Rural Funds. It is an Australian agricultural property company with a portfolio of high quality assets. These properties, which are valued at $1.25 billion and leased to some of the biggest players in the sector, include almond and macadamia orchards, premium vineyards, water entitlements, cropping and cattle farms.

    Earlier this month, Rural Funds released its half year results and reaffirmed its plan to pay a 11.73 cents per share distribution in FY 2022. It also confirmed that it aims to grow its distribution by its annual target rate of 4% to 12.2 cents per share in FY 2023.

    Based on the current Rural Funds share price of $2.70 this will mean yields of 4.3% and 4.5%, respectively.

    Telstra Corporation Ltd (ASX: TLS)

    Another ASX dividend share that could be worth considering is this telco giant. It has been through a difficult time over the last decade, but at long last there is light at the end of the tunnel. In fact, Telstra recently released its half year results and delivered underlying earnings growth for the first time in years.

    This allowed the telco to maintain its fully franked interim dividend at 8 cents per share, with another 8 cents per share final dividend expected in the second half. And with the company’s T22 strategy bearing fruit and management expecting its upcoming T25 strategy to underpin solid growth, the outlook for the Telstra dividend has been improving greatly.

    For now, though, the 16 cents per share dividend that Telstra expects to pay in FY 2022 equates to a yield of just over 4% based on the current Telstra share price.

    The post 2 top ASX dividend shares with 4%+ yields 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

    More reading

    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 owns and has recommended RURALFUNDS STAPLED and Telstra Corporation 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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  • Top brokers name 3 ASX shares to buy next week

    Last week saw a number of broker notes hitting the wires once again. Three buy ratings that investors might want to be aware of are summarised below.

    Here’s why brokers think investors ought to buy them next week:

    A2 Milk Company Ltd (ASX: A2M)

    According to a note out of Citi, its analysts have retained their buy rating but trimmed their price target on this infant formula company’s shares to $7.02. Citi has been looking through A2 Milk’s half year results and has seen enough to stay positive. The broker highlights that its inventory issues appear largely under control and its revenue outlook is improved. One negative, though, is its marketing spend, which is much higher than expected. The A2 Milk share price ended the week at $5.40.

    Airtasker Ltd (ASX: ART)

    A note out of Morgans reveals that its analysts have retained their add rating but cut their price target slightly on this small jobs marketplace provider’s shares to $1.25. The broker was pleased with the resilience/adaptability of Airtasker’s platform in a challenging operating environment and notes that demand has bounced back strongly post lockdowns. All in all, the broker remains very positive on Airtasker’s long term growth potential and appears to see recent weakness as a buying opportunity. The Airtasker share price was fetching 68 cents at the end of the week.

    NextDC Ltd (ASX: NXT)

    Another note out of Morgans reveals that its analysts have retained their add rating and $14.64 price target on this data centre operator’s shares. This follows the release of a half year result that was ahead of the broker’s expectations. And while the broker highlights that NextDC has increased its capex guidance by ~8%, it interprets this as a positive. This is because the company typically builds only what it has line of sight to leasing. The NextDC share price ended the week at $10.69.

    The post Top brokers name 3 ASX shares to buy next 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 owns NEXTDC Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Airtasker Limited. The Motley Fool Australia has recommended A2 Milk. 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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  • Top brokers name 3 ASX shares to sell next week

    Once again, a large number of broker notes hit the wires last week. Some of these notes were positive and some were bearish.

    Three sell ratings that investors might want to hear about are summarised below. Here’s why top brokers think investors ought to sell these shares next week:

    Appen Ltd (ASX: APX)

    According to a note out of Macquarie, its analysts have retained their underperform rating and slashed their price target on this AI data services company’s shares by 40% to $5.70. This follows the release of a full year result that fell short of expectations. In addition, Macquarie notes that management is no longer providing short term guidance. Overall, it sees little by way of positive catalysts on the horizon to boost investor sentiment and its shares. The Appen share price ended the week at $6.64.

    Blackmores Limited (ASX: BKL)

    A note out of Citi reveals that its analysts have retained their sell rating but lifted their price target on this health supplements company’s shares to $73.16. Citi notes that Blackmores fell well short of expectations during the first half and suspects the second half could be just as weak. This has led to the broker cutting its estimates materially. Outside this, Citi has concerns over the low barriers to entry in its core markets and doesn’t believe this risk is priced into its shares. The Blackmores share price was fetching $75.31 at the end of the week.

    Nanosonics Ltd (ASX: NAN)

    Analysts at Goldman Sachs have retained their sell rating and cut their price target on this infection prevention company’s shares to $3.40. As well as being disappointed with its half year update, Goldman has concerns over the company’s transition away from GE Healthcare to a new direct sales model. It suspects the GE de-stocking cycle could extend into FY 2023, has concerns that not all GE customers will transition in a timely manner, and sees potential for cost lumpiness. The Nanosonics share price ended the week at $4.16.

    The post Top brokers name 3 ASX shares to sell next 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

    More reading

    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 Appen Ltd and Nanosonics Limited. The Motley Fool Australia owns and has recommended Appen Ltd and Nanosonics Limited. The Motley Fool Australia has recommended Blackmores 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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  • Buy these ASX shares following the market correction: experts

    AGL share price ASX value buy share price

    AGL share price ASX value buy share priceAGL share price ASX value buy share price

    There has been significant volatility in recent weeks as months. But there could be ASX shares that are opportunities according to some experts.

    Share prices change all the time, but a rapid decline of the market capitalisation of a business can open up opportunities.

    With that in mind, here are two ASX shares that are liked by experts:

    Frontier Digital Ventures Ltd (ASX: FDV)

    Frontier Digital Ventures is a business that invests in emerging markets, it wants to become the leading operator of the best online marketplace businesses in those regions.

    The Frontier Digital Ventures share price has fallen almost 22% since the start of the year.

    Karen Towle, the portfolio manager from the Tribeca Special Opportunities Fund, has outlined why she thinks the ASX share is an opportunity.

    She describes what Frontier Digital Ventures does by saying it looks for emerging businesses similar to REA Group Limited (ASX: REA) or Carsales.Com Ltd (ASX: CAR) but in emerging markets.

    Ms Towle points out that the managing director of Frontier Digital Ventures started out at REA when it started to take off years ago. In other words, he has the experience to know how to grow fledgling online businesses in places like South America, the Middle East and Asia.

    Frontier Digital Ventures only looks at the best or second best business in the market, then Frontier adds its expertise. Those businesses are growing very quickly. Coming out of COVID, some of those investments can benefit from a reopening story too.

    Ms Towle’s final words on the ASX share were: “I just think that the opportunity for those markets to grow and mature is huge, and it’ll be a very big company at one stage.”

    Domino’s Pizza Enterprises Ltd. (ASX: DMP)

    Domino’s is one of the biggest food businesses in Australia and it also has a growing presence in Europe and Asia.

    The Domino’s share price has fallen 33% since the start of the year. It has halved since the middle of September 2021.

    UBS is one of the brokers that rates Domino’s as a buy, with a price target of $110. That’s a potential increase of more than 30% if the broker is right.

    Despite the recent half-year result which has disappointed the market, the broker likes the long-term growth potential of the business.

    In the first six months of FY22, network sales rose 11.1% to $2.05 billion, earnings before interest and tax (EBIT) dropped 5.7% to $144.7 million and underlying net profit after tax (NPAT) fell 5.3% to $91.3 million.

    Domino’s said that earnings fell after ‘investing’ in franchisees in Australia and New Zealand, as well as a “rebasing” of Japan sales because of strong sales during COVID. Japan same-store sales remained 40% higher compared to pre-COVID.

    In the coming years, Domino’s wants to reach 3,050 European stores by 2033, 1,200 ANZ stores by between 2025 to 2028 and 2,400 Asian stores by 2033. By 2033, the company wants to have 6,650 stores, which is 2.1x its current market size. It’s also looking for acquisitions.

    The post Buy these ASX shares following the market correction: experts appeared first on The Motley Fool Australia.

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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. owns and has recommended Frontier Digital Ventures Ltd. The Motley Fool Australia has recommended Dominos Pizza Enterprises Limited, Frontier Digital Ventures Ltd, REA Group Limited, and carsales.com 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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