The Cettire Ltd (ASX: CTT) share price could be a good one to think about for the longer-term for a few different reasons.

What is Cettire?

Cettire is a global online retailer that offers a large selection of personal luxury goods through its website. It sells over 160,000 products including clothing, shoes, bags and accessories from more than 1,300 luxury brands.

Here are three reasons why it could be worth thinking about:

E-commerce player with network effects

Cettire operates in the growth area of e-commerce. There has been a significant increase in the number of people who are shopping online after the many impacts of COVID-19.

The ASX e-commerce share can benefit from the growth of its business with the advantages of network effects. As it gets bigger, it becomes more attractive to shoppers and its profit margins can increase.

This ASX share is investing heavily to continue to improve its technology platform, enhance its supply relationships and improve the customer experience. Cettire has a goal of becoming a leading platform for all members of the luxury value chain.

Cettire is also investing in greater localisation features in selected markets, a mobile app and continued investment in AI and brand experience. Management say that these enhancements are expected to increase automation, improve the customer experience and support conversion rates to increase revenue growth.

Fast growth

Combine the above aspects of the business with its fast growth and it can be a winning combination.

Cettire reported a lot of progress in FY21.

Revenue and profit growth can be an important factor for the Cettire share price.

In the last financial year, reported sales revenue increased 304% to $92.4 million, whilst gross revenue rose 333% to $124.5 million. Around 40% of gross revenue came from repeat customers, up from 26% to FY20.

In constant currency terms, gross revenue went up 384% and sales revenue increased 352%.

The company is generating operating profit at different levels of the financials. It reported a product margin of 37% and a delivered margin of 24%. The delivered margin rose by 243% to $22 million.

Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) came in at $2.1 million.

Operating cashflow surged 131% to $12.7 million thanks to its capital light model.

The statutory result was almost a profit, with a statutory loss of $0.3 million.

In July 2021, the first month of FY22, gross revenue increased 181%.

New product categories and growing reach

Cettire is steadily expanding in multiple areas that could drive the business forwards in the coming years. This could help the Cettire share price into the future.

Active customers rose by 285% to 114,830 people. It has commenced direct partnerships with brand owners, though this isn’t expected to be material in FY22.

It’s trying to make the buying experience more attractive for potential customers with free returns, if that’s what they want.

Cettire also expanded its addressable market through the entry into the children’s wear segment.

Dean Mintz, the founder and CEO of Cettire, said:

There is a significant market penetration opportunity ahead for Cettire. A key objective in pursuing our IPO was to unlock new and incremental growth opportunities, and the results over the past 12 months have proven our ability to deliver on our strategy.

The post 3 strong reasons why the Cettire (ASX:CTT) share price could be a buy 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 shares of and has recommended Cettire Limited. The Motley Fool Australia has recommended Cettire 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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How did the Macquarie Group Ltd (ASX: MQG) share price perform in September 2021?

Macquarie shares actually went up by around 9%. This is in contrast to the performance of the S&P/ASX 200 Index (ASX: XJO) which fell by 2.7%. So, Macquarie outperformed the ASX index by more than 10% last month.

On 8 September 2021, the global investment bank announced a trading update.

Macquarie’s FY22 first half update

As part of an investor presentation, it gave an update about its short-term outlook.

The company said that it expects the first half of FY22 result is going to be slightly down on the second half of FY21.

However, this would actually represent an increase on the prior corresponding period of the first half of FY21.

Regarding the first quarter of FY22, it said that the operating profit contribution was “significantly” up on the prior corresponding period, which had mixed trading conditions.

There are four segments to the Macquarie business. It has ‘annuity-style’ businesses, being Macquarie Asset Management (MAM) and the banking and financial services (BFS). The other two divisions are described as its market-facing businesses of commodities and global markets (CGM) and Macquarie Capital.

In the first quarter of FY22, it said that the annuity-style businesses’ combined net profit contribution was slightly higher on the prior corresponding period due to higher average volumes and lower provisions in BFS. However, this was partially offset by a reduced contribution from MAM because it made a gain on the sale of the rail operating lease business in the prior period, which won’t be repeated this year.

Turning to the market-facing businesses, the combined quarterly net profit contribution was up “significantly” year on year because of the sale of the UK commercial and industrial smart meter portfolio as well as “significantly” higher investment-related income in Macquarie Capital.

Profit and expectations can have an important impact on the Macquarie share price over time.

Outlook for the business

Macquarie’s Green Investment Group is one of the leading renewable energy developers and investors in the world. The investment bank sees this division as an important part of its future. It has more than $2 billion of current commitments, with more than $45 billion of committed and arranged to support green energy projects. It has more than 30GW in global development and the construction pipeline.

In terms of the medium-term outlook, Macquarie says that it remains well positioned to deliver “superior performance”, with deep expertise in major markets.

It wants to build on its strength in business and geographic diversity and continue to adapt its portfolio mix to changing market conditions.

The global investment bank says that its MAM and BFS businesses are delivering superior returns after years of investment and acquisitions.

Macquarie’s market-facing businesses are well positioned to benefit from improvements in market conditions, with “strong” platforms and franchise positions.

The overall business has an ongoing program to identify cost saving initiatives and efficiency, whilst operating with a strong and conservative balance sheet. Management believe the bank has a well matched funding profile with minimal reliance on short-term wholesale funding. Surplus funding and capital is available to support growth.

Is the Macquarie share price a buy?

The broker Citi doesn’t think so, calling it a sell on valuation grounds, with a price target of $153.

However, Credit Suisse is neutral on the business, with a price target of $175.

The post How did the Macquarie (ASX:MQG) share price perform in September? 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. has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and 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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On Tuesday the S&P/ASX 200 Index (ASX: XJO) finished well off its intraday lows but still recorded a sizeable decline. The benchmark index fell 0.4% to 7,248.4 points.

Will the market be able to bounce back from this on Wednesday? Here are five things to watch:

ASX 200 expected to rebound

The Australian share market is expected to rebound on Wednesday. According to the latest SPI futures, the ASX 200 is poised to open the day 49 points or 0.7% higher. This follows a very strong night of trade on Wall Street. In late trade the Dow Jones is up 1.35%, the S&P 500 is up 1.4%, and the Nasdaq is up 1.6%.

Bank of Queensland rated as a buy

The team at Goldman Sachs believe the Bank of Queensland Limited (ASX: BOQ) share price could be in the buy zone. Ahead of its full year results later this month, the broker has retained its buy rating and $10.09 price target on the regional bank’s shares. Goldman expects the bank to deliver an 80% increase in cash earnings to $406 million.

Oil prices hit three-year highs

Energy producers Beach Energy Ltd (ASX: BPT) and Santos Ltd (ASX: STO) could push higher today after oil prices rose again. According to Bloomberg, the WTI crude oil price is up 1.95% to US$79.15 a barrel and the Brent crude oil price is up 1.85% to US$82.78 a barrel. Traders were bidding oil prices to three-year highs after OPEC stuck to its gradual output increase plan.

A2 Milk hit with class action

The A2 Milk Company Ltd (ASX: A2M) share price will be on watch today after it emerged that the embattled infant formula company has been hit with a class action. Slater & Gordon Limited (ASX: SGH) alleges that a2 Milk Company was or ought to have been aware that the FY 2021 guidance and subsequent representations did not adequately take account of a number of factors which would impact the Company’s financial performance.

Gold price falls

Gold miners such as Evolution Mining Ltd (ASX: EVN) and Newcrest Mining Limited (ASX: NCM) could trade lower today after the gold price dropped overnight. According to CNBC, the spot gold price is down 0.3% to US$1,761.7 an ounce. The precious metal dropped after the US dollar strengthened and investor sentiment improved.

The post 5 things to watch on the ASX 200 on Wednesday appeared first on The Motley Fool Australia.

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

To help narrow things down, I have picked out two ASX growth shares that have been rated as buys. They are as follows:

Breville Group Ltd (ASX: BRG)

The first ASX growth share to look at is Breville. is one of the world’s leading appliance manufacturers. As well as the eponymous Breville brand, it also has the Sage, Kambrook, and Baratza brands.

Breville has been growing at a consistently solid rate for the last decade and looks well-placed to continue this trend over the next decade. This is thanks to the popularity of its brands, its international expansion, acquisitions, favourable consumer trends, and its continued investment in R&D.

Morgans is very positive on the company’s future and expects further strong growth in the coming years. As a result, its analysts have recently put an add rating and $34.00 price target on Breville’s shares.

Domino’s Pizza Enterprises Ltd (ASX: DMP)

Another ASX growth share to look at is this pizza chain operator. Domino’s has also been growing at a consistently solid rate for over a decade thanks to the popularity of its offering and the expansion of its footprint.

Pleasingly, the future looks very positive for the company thanks to its bold expansion plans.

For example, Domino’s started FY 2022 with a total of 2,974 stores across its network. While this is undoubtedly a huge number, management is aiming to more than double this to 6,650 stores by 2033.

And it is worth noting that this is just in the markets that it is already operating in. Management highlighted that it has expanded its debt facilities, at lower margins, ensuring sufficient resources for further strategic acquisitions.

Citi is a fan of the company. It currently has a buy rating and $159.05 price target on Domino’s shares.

The post 2 excellent ASX growth shares to buy and hold appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Dominos Pizza Enterprises Limited. 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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There may be some ASX dividend shares that could provide reliability, even during times of difficult economic times.

Food is one of those industries that may see pretty consistent demand, no matter what circumstances are happening in the world.

Here are two ASX dividend shares to consider:

Rural Funds Group (ASX: RFF)

Rural Funds is a real estate investment trust (REIT) that owns a variety of different farm types including cattle, vineyards, almonds, macadamias and cropping (sugar and cotton).

It has contracts with a number of high-quality, reliable tenants such as Treasury Wine Estates Ltd (ASX: TWE), Select Harvests Limited (ASX: SHV), Olam, JBS and Australian Agricultural Company Ltd (ASX: AAC).

Rental growth is built into the contracts with the tenants. Most of the growth is either a fixed increase, or linked to CPI inflation, with some contracts having market reviews.

It’s this contracted rental income which is a large enabler of the distribution growth from the business. Management have a goal of increasing the distribution by 4% per annum. It has successfully done this over the last several years.

In FY22 it’s expecting to increase the distribution by another 4% to 11.73 cents per annum. That translates to a distribution yield of 4.4% for FY22.

The ASX dividend share is also investing in its farms to improve the productivity of them, which aims to increase the rental potential as well as the value.

Inghams Group Ltd (ASX: ING)

Inghams was founded in 1918. It’s the largest Australian poultry business and it has entered into the production of turkey and stockfeed. The business has also enhanced its processing capabilities to cater to changing consumer preferences towards value-enhanced poultry products.

In FY21 the business produced 446.9kt of core poultry volume, an increase of 4.2% on FY20.

Inghams is focused on optimising its core business, which is a program of continuous improvement, which is delivering strong outcomes, driving lower costs, enhancing yield and reducing waste. With this program, Inghams achieved better asset efficiency and return with “modest” capital expenditure. In FY21 it carried out around 200 improvement projects. It’s planning to work on 320 improvement projects in FY22.

In pre-AASB 16 terms, underlying earnings before interest, tax, depreciation and amortisation (EBITDA) grew by 16.6% to $209.6 million, whilst underlying net profit after tax (NPAT) grew 28.4% to $101.2 million.

The ASX dividend share increased its dividend by 17.9% to 16.5 cents per share. That translates to a grossed-up dividend yield of almost 6%.

In FY22, it’s expecting a consumer recovery as vaccination rates increases and lockdowns are lifted. Volumes are expected to show continued growth with new business across various channels. It’s expecting continuing meaningful benefits when it comes to operational efficiencies across the business.

It’s currently rated as a buy by Citi.

The post 2 ASX dividend shares that could be very reliable appeared first on The Motley Fool Australia.

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Motley Fool contributor Tristan Harrison owns shares of RURALFUNDS STAPLED. 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 shares of and has recommended RURALFUNDS STAPLED and 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 Reserve Bank of Australia (RBA) has given ASX 200 investors a reason to smile even as they face a mounting wall of worry.

Our central bankers followed newly installed NSW premier Dominic Perrottet by promising stability as they held the cash rate steady at the record low of 0.1% at today’s monthly meeting.

If anything, the RBA was unwavering and stuck to its tapering and interest rate plan even in the face of the COVID-19 delta outbreak.

RBA rate decision gives Delta the flick

RBA Governor Philip Lowe media release opened with the impact of delta on the Australian economy. But he didn’t appear to be concerned.  

“This setback to the economic expansion in Australia is expected to be only temporary,” said Dr Lowe.

“As vaccination rates increase further and restrictions are eased, the economy is expected to bounce back.

“Many businesses are now planning for the easing of restrictions and confidence has held up reasonably well.”

RBA gives ASX 200 shares a boost

The RBA did flag that the timing and pace of the recovery is hard to pin down. But it believes that our economy will start growing again in the current quarter.

Our central bankers are so unconcerned that it kept to its quantitative easing (QE) tapering timeline. They maintained the 10 basis points target for the April 2024 Australian Government bond and recommitted to purchase government securities at the rate of $4 billion a week until at least mid-February 2022.

The board’s optimism initially gave the S&P/ASX 200 Index (Index:^AXJO) a modest boost. But ASX 200 shares surrendered these gains to close 0.4% in the red on Tuesday.

The RBA divergence

The RBA’s steady as she goes approach to monetary policy stands increasingly at odds with other central banks. The Reserve Bank of New Zealand is tipped to start hiking interest rates at its meeting tomorrow. The US Federal Reserve has also started talking about raising rates as early as next year.

The pick-up in economic growth is one reason why these central bankers are more hawkish than the RBA. But the increasing risk of persistent inflation is another factor.

The RBA is unconcerned about inflation, despite some warning signs like the ongoing surge in energy costs.

“Wage and price pressures remain subdued in Australia,” said Dr Lowe.

“In underlying terms, inflation is running at around 1¾ per cent and wages, as measured by the Wage Price Index, are increasing at just 1.7 per cent.

“While disruptions to global supply chains are affecting the prices of some goods, the impact of this on the overall rate of inflation remains limited.”

Foolish takeaway

Economists will be praying that he’s right. Being caught behind the inflation eight ball will be a disaster for Australia as its difficult to control once the genie is out of the bottle.

Regardless, the divergence between the RBA and its global peers is almost certain to keep the Australian dollar on the back foot.

This is happening just as international holidays are starting to look like a distinct possibility again. Talk about bad timing.

The post The RBA gives ASX 200 shares a slither of good news on a down day appeared first on The Motley Fool Australia.

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Motley Fool contributor Brendon Lau 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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The CSL Limited (ASX: CSL) share price has fallen around 10% over the last couple of weeks. Could the healthcare giant be a good one to consider for the long-term?

What does the business do?

This is a global biotechnology business that is headquartered in Melbourne. It aims to save lives and protect the health of people who were stricken with a range of serious and chronic medical conditions.

CSL says it develops and delivers innovative biotherapies and influenza vaccines.

Research and development is an important part of the picture for CSL. It has spent US$4.1 billion on R&D investments in the last five years to develop its product pipeline. It has more than 1,700 people committed to its R&D team.

Blood plasma collection is another sizeable element of the business. It has 300 centres across China, Europe and North America.

Do brokers rate the CSL share price as a buy?

There are differing opinions about the healthcare giant.

For example, Credit Suisse has a neutral rating on CSL, with a price target of $315. The broker notes that competition is rising from competitors, which makes it harder for CSL’s longer-term growth because of how new plasma collection locations are an important driver for growth. However, it still thinks it can grow profit in the coming years.

Credit Suisse puts the CSL share price at 38x FY23’s estimated earnings.

However, Morgans is a bit more positive on the business, with a price target of $324.40 for the CSL share price. The performance of Seqirus was a key feature from the FY21 result for the broker.

FY21 result and FY22 outlook

In constant currency terms, CSL reported 10% growth of both revenue and net profit. The business generated US$2.375 billion of net profit.

Management highlighted that critical operations were maintained during the worst points of the COVID-19 pandemic, demonstrating CSL’s resilience and agility. The new distribution model is fully operational in China with sales of albumin now normalised.

Seqirus, the vaccine business, saw total revenue growth of 30%, with seasonal influenza vaccine sales up 41%.

It said that new and extended influenza pandemic agreements had been reached. It also said that the next generation influenza vaccine facility is going to be constructed in Australia.

With its outlook, CSL warned that its margin was easing as a result of increased plasma costs. It sees FY22 as a transitional year as it continues to invest for its long-term strategy.

In FY22 it’s expecting to generate net profit of between US$2.15 billion to $2.25 billion in constant currency terms.

What’s the market capitalisation at the current CSL share price?

At the current CSL share price, it has a market capitalisation of $131 billion according to the ASX.

The post Is the CSL (ASX:CSL) share price a buy today? 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 shares of and has recommended CSL Ltd. 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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Leading ASX copper shares have handily beaten the benchmark returns over the past 12 months.

Sandfire Resources Ltd (ASX: SFR), for example, is up 36% over the past full year.

Meantime, S&P/ASX 200 Index (ASX: XJO) listed copper giant Oz Minerals Ltd (ASX: OZL) has seen its share price soar 56% over the same time. A time that saw the ASX 200 itself post a 22% gain.

Both copper producers enjoyed strong tailwinds from soaring prices for the red metal for much of the year.

On 5 October 2020, 1 tonne of copper was trading for US$6,528. It went on to hit record highs of US$10,445 per tonne on 12 May, a gain of more than 60%.

Since then, prices have edged lower, currently at US$9,250 per tonne. And so have the share prices of the ASX copper miners named above.

Oz Minerals’ share price is down 17% since copper hit all-time highs on 12 May. And Sandfire’s share price has dropped 27%.

But, according to Saxo Markets’ Q4 2021 Quarterly Outlook, the ASX copper miners could be in for a rebound over the remainder of the calendar year.

Saxo’s bullish outlook for commodities

In the just released market outlook, Saxo’s head of commodity strategy Ole Hansen says, “After what has already been a strong year for commodities, we maintain a bullish outlook into Q4 and beyond.”

Hansen notes that commodities will, in general, face some headwinds as the world’s biggest economies start to taper their pandemic era fiscal and monetary largesse over the coming months. However, he adds, “Supply constraints will, in our opinion, continue to support prices despite a slower growth trajectory.”

Part of copper’s strength is that it’s a critical metal in the world’s march to low carbon energy sources, used in both batteries and wiring.

According to Hansen, “We continue to see underlying strength resulting in higher prices for ‘green’ metal, a group that … also includes copper.”

And copper supplies, like most commodities dug from the ground, can’t be ramped up quickly to meet any rapid growth in demand.

“The supply chains,” says Hansen, “are inelastic due to a lack of support for permitting, board approval and a lack of capital flowing into the ‘dirty’ production side of the equation due to ESG priorities.”

What does this mean for ASX copper miners?

Numerous factors determine the share price movements of ASX resource shares. But the price of the resources they mine from the earth certainly ranks high on that list.

And, if Saxo Markets’ forecast is correct, ASX copper shares could see another solid lift over the last 3 months of 2021.

According to Hansen:

Copper’s surge to a record high earlier this year was, to a certain extent, being driven by the reflation trade. Until it deflated during the third quarter, this had provided a key source of support. While supply constraints lifted nickel and aluminium, copper is waiting for a renewed and strong pick-up in both physical and investment demand, with the speculative length the leanest it has been in more than a year.

A break back above $10,000 would likely be the signal that triggers a fresh move towards new all-time highs. We believe that journey will resume sometime during the final quarter.

A break back above US$10,000 per tonne would certainly be welcome news to shareholders of ASX copper shares like Sandfire and Oz Minerals.

The post Why Saxo Market’s Q4 outlook bodes well for ASX copper shares appeared first on The Motley Fool Australia.

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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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The benchmark S&P/ASX 200 index (ASX: XJO) closed 0.55% in the red at 7238.6 points, in continuation with its 3-month downtrend.

Despite the broad market’s weakness today, the ASX gold basket outperformed, with the S&P/ASX All Ordinaries Gold Index (XGD) booking a 2.6% gain.

The Predictive Discovery Ltd (ASX: PDI) share price also soared into the green today and finished the session 15% higher at 26.5 cents apiece.

Predictive also released the details of an upcoming investor update to the market earlier. Here’s what we know.

Investor briefing scheduled

Predictive Discovery advised that the company’s managing director Paul Roberts, will provide a 30 minute overview of the company’s “recently released maiden resource estimate (MRE)” at its Bankan Gold Project.

The company had previously updated investors on the 3.65 million ounce MRE for the gold project located in Guinea’s Siguiri Basin last week.

As a result of that update, the total mineral resource at its Bankan sites now comes in at almost 73 million tonnes, at 1.56g/t Au for 3.65 million ounces of gold.

This is a rapid growth schedule for the Guinea-based project, that was first defined only some 18 months ago.

At the time of the announcement, Roberts commented that “this is just the beginning of the Bankan gold discovery story”.

As part of the investor briefing, scheduled for 8 October, Roberts will lead an update on the scoping study level metallurgical work the company is doing.

Attendees will also see a broad overview of the operations at Bankan, what’s been done to date, and the company’s “planned exploration activities and plans for further technical studies”.

Investors appeared to have been chasing Predictive Discovery shares today, which opened the session at 23.5 cents.

At one point during the day, the Predictive Discovery share price was changing hands at an intraday high of 27 cents apiece. It is unclear if the investor update sparked any buying.

Strengths in the broader ASX gold index appear to have also helped the company’s popularity to reach these gains.

Predictive Discovery share price snapshot

The Predictive Discovery share price has claimed a return of over 334% this year to date, extending its gain in the past 12 months to well over 307%.

It’s rallied 100% in the last month and gained a further 60% this week.

Each of these results is well ahead of the broad index’s return of approximately 25% this past 12 months.

The post Predictive Discovery (ASX:PDI) share price rockets 13% following investor update appeared first on The Motley Fool Australia.

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The author Zach Bristow has no positions 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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Motley Fool Australia Chief Investment Officer Scott Phillips joined Nine’s Late News on Monday night to discuss the bounce back for the ASX (including our banks and travel stocks), hopes for a new COVID treatment, and the seemingly endless Evergrande saga taking a new turn.

The post Travel stocks soar. Hopes for a new COVID treatment. Evergrande drags on. Scott Phillips on Nine’s Late News appeared first on The Motley Fool Australia.

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Motley Fool contributor Scott Phillips 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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