As I’m a fan of small cap shares, I feel quite fortunate to have a large number to choose from on the Australian share market.

Three small cap ASX shares that could have bright futures are listed below. Here’s why they could be worth watching:

Damstra Holdings Ltd (ASX: DTC)

The first small cap to watch is Damstra. It is an integrated workplace management solutions provider. Its cloud-based workplace management platform is used by businesses to track and keep their employees safe.

Damstra has been a positive performer over the last couple of years and has built on this in FY 2021. For example, during the first half of FY 2021, the company posted a 29.6% increase in revenue to $13.3 million. The good news is that this is still only a fraction of its total addressable market, which is expected to be worth US$20 billion by 2022.

SILK Laser Australia Limited (ASX: SLA)

Another small cap ASX share to watch closely is SILK Laser. It is a laser, skin care, and cosmetic injections company which has been growing strongly in FY 2021. For example, during the first half, SILK reported a 62% increase in network sales to $44.9 million and a 305% increase in net profit to $4.7 million.

Thanks to growing demand and store network expansion, SILK appears well-positioned to continue its growth over the next decade. In respect to the latter, at present SILK has a total of 60 clinics in operation. However, management intends to grow its network by 6 to 10 new clinics per annum up to a target of approximately 150 clinics.

Universal Store Holdings Limited (ASX: UNI)

A final small cap to watch is Universal Store. It is a fashion retailer aiming to deliver a frequently changing and carefully curated selection of on-trend products to the fashion focused customer. This focus is clearly paying off, with Universal Store a particularly positive performer this year. It delivered a 23.3% increase in first half sales to $118 million and a 63.6% increase in underlying net profit after tax to $21.1 million.

Looking ahead, the company has opportunities to expand its footprint materially over the next decade to drive further growth. Management has identified up to 60 new store sites, this is almost double the 65 stores it was operating from during the first half.

The post 3 small cap ASX shares for your watchlist appeared first on The Motley Fool Australia.

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• 2 exciting small cap ASX shares analysts rate highly
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• 3 growing small cap ASX shares to watch

James Mickleboro does not own any shares mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Damstra Holdings Ltd. The Motley Fool Australia owns shares of and has recommended Damstra 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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Are you looking for some excellent ASX dividend shares to add to your income portfolio?

Then you might want to take a look at the ones listed below. Here’s what you need to know about these dividend shares:

Aventus Group (ASX: AVN)

The first ASX dividend share to look at is Aventus. It is a fully integrated owner, manager, and developer of large format retail centres in Australia.

At the last count, Aventus had a portfolio of 20 centres valued at $2.2 billion and spanning 536,000m2 in gross leasable area. It has a diverse tenant base of 593 quality tenancies, with national retailers representing 87% of the total portfolio.

Demand for tenancies has remained strong during the pandemic, underpinning strong rental collections. This led to a 6.5% increase in funds from operations (FFO) to $55.9 million during the first half. Positively, more of the same is expected in the second half.

Morgans currently has an add rating and $3.12 price target on its shares. The broker is also forecasting a 17.4 cents per share distribution in FY 2021 and then a 17.7 cents per share distribution in FY 2022. Based on the latest Aventus share price, this represents 5.7% and 5.8% dividend yields, respectively.

National Australia Bank Ltd (ASX: NAB)

Another ASX dividend share to consider is this banking giant. It could be a good option due to its positive outlook thanks to Australia’s strong economic recovery and the booming housing market.

In addition, although its shares have been strong performers in 2021, they have been tipped to climb even higher. According to a note out of Goldman Sachs this week, its analysts have retained their conviction buy rating and $29.97 price target on the bank’s shares.

Goldman is also forecasting fully franked dividends of 124 cents per share in FY 2021 and 133 cents per share in FY 2022. Based on the current NAB share price of $26.77, this will mean yields of 4.6% and 5%.

NAB remains Goldman’s preferred sector exposure. This is due to the bank’s cost management initiatives, its position as the largest business bank, and its strong capital position.

The post 2 quality ASX dividend shares rated as buys appeared first on The Motley Fool Australia.

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• ASX 200 drops, Altium soars, Skycity drops, NAB falls

James Mickleboro does not own any shares 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 AVENTUS RE UNIT. 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 few reasons why Washington H. Soul Pattinson and Co. Ltd (ASX: SOL), also called Soul Patts, might be a solid choice as an ASX dividend share.

What is Soul Patts?

It’s a company that is a diversified investment conglomerate.

However, it started out as a pharmacy business on the stock exchange over a century ago in 1903.

Multiple generations of families have been involved in the running of the business. More than 40 employees have worked for the company for over 50 years. Five generations of the Pattinson family have served the company, as have three generations of the Dixson, Spence, Rowe and Letters families.

But there’s more to its potential as an ASX dividend share than just its longevity:

Diversified portfolio

Soul Patts has a number of different investments across a range of sectors.

Some of its biggest investments are the ones that it has held for the longest. The biggest two positions in the portfolio are telco TPG Telecom Ltd (ASX: TPG) and the diversified industrial property and building products business Brickworks Limited (ASX: BKW).

It’s also invested in a number of other ASX-listed businesses like New Hope Corporation Limited (ASX: NHC), Australian Pharmaceutical Industries Ltd (ASX: API), Pengana Capital Group Ltd (ASX: PCG), Pengana International Equities Ltd (ASX: PIA), Milton Corporation Limited (ASX: MLT), Bki Investment Co Ltd (ASX: BKI), 360 Capital REIT (ASX: TOT), Clover Corporation Limited (ASX: CLV), Tuas Ltd (ASX: TUA) and Commonwealth Bank of Australia (ASX: CBA).

The ASX dividend share is invested in a number of private businesses too. Some are sector plays like financial services, agriculture, retirement living and resources. Others are more specific private businesses like swimming schools and an electrical business called Ampcontrol.

A focus on dividends for shareholders

Soul Patts has the record of the longest run of annual dividend increases in a row on the ASX.

It has grown its dividend every year since 2000, meaning the record stretches back two decades.

Soul Patts also has another dividend record. It has paid its dividend every year since it listed in 1903. That record stretches back through the world wars, global recessions and two pandemics (Spanish Flu and COVID-19).

The ASX dividend share generates investment income from its portfolio of assets that pay dividends and distributions. After paying for its expenses, Soul Patts has been paying a slightly higher dividend and then retains the rest of the profit to re-invest for further opportunities.

The dividend yield

Soul Patts recently increased its interim dividend by 4% to 26 cents per share in the FY21 half-year result. That brought the rolling 12 months of dividends to $0.61 per share.

At the current Soul Patts share price, that means the trailing grossed-up dividend yield is 2.9%.

The post 3 reasons why Soul Patts (ASX:SOL) can be a good ASX dividend share appeared first on The Motley Fool Australia.

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Motley Fool contributor Tristan Harrison owns shares of Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Clover Corporation Limited. The Motley Fool Australia owns shares of and has recommended Brickworks and Washington H. Soul Pattinson and Company 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) was back on form and pushing higher. The benchmark index rose 0.15% to 7,292.6 points.

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

ASX 200 expected to rise

It looks set to be a positive day of trade for the Australian share market on Wednesday. According to the latest SPI futures, the ASX 200 is expected to open the day 19 points or 0.25% higher this morning. This follows a reasonably positive night of trade on Wall Street, which saw the Dow Jones and S&P 500 trade flat and the Nasdaq rise 0.3%.

Oil prices charge higher

Energy producers such as Santos Ltd (ASX: STO) and Woodside Petroleum Limited (ASX: WPL) could have a solid day on Wednesday after oil prices charged higher. According to Bloomberg, the WTI crude oil price is up 1.4% to US$70.19 a barrel and the Brent crude oil price is up 1.2% to US$72.34 a barrel. News that the US won’t be lifting all its sanctions on Iran gave oil prices a boost.

ResMed give neutral rating

The ResMed Inc (ASX: RMD) share price is about fair value according to Goldman Sachs. In response to its appearance at a Goldman Sachs conference, the broker has retained its neutral rating and $28.40 price target on its shares. It notes that ResMed reported that a sequential improvement in new diagnoses continues to develop. It also believes a new product launch could drive uptick in device growth.

Gold price softens

Gold miners Evolution Mining Ltd (ASX: EVN) and Newcrest Mining Limited (ASX: NCM) will be on watch after the gold price softened overnight. According to CNBC, the spot gold price is down 0.2% to US$1,895.30 an ounce. The precious metal eased ahead of the release of US inflation data on Thursday.

Iron ore price rebounds

BHP Group Ltd (ASX: BHP), Fortescue Metals Group Limited (ASX: FMG), and Rio Tinto Limited (ASX: RIO) shares could be on the rise today. This follows a solid night of trade for the price of the steel making ingredient. According to Metal Bulletin, the spot iron ore price is up 3.5% to US$209.50 a tonne.

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

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• ASX 200 rises, EML up, Ansell announces CEO
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James Mickleboro does not own any shares mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended ResMed. The Motley Fool Australia has recommended ResMed 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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With so many growth shares to choose from on the Australian share market, it can be hard to decide which ones to buy over others.

To help narrow things down, I have picked out three ASX growth shares that could be top options for investors today. Here’s what you need to know about them:

IDP Education Ltd (ASX: IEL)

The first growth share to look at is IDP Education. It is a provider of international student placement services and English language testing services. While trading conditions are difficult right now, they have been improving. Furthermore, the longer the pandemic drags out, the stronger its market position will be at the end of it. This is due to many of its smaller competitors failing to survive the crisis. Morgans is expecting IDP Education to grow its market share meaningfully once the pandemic passes. As a result, it remains very positive on the company. The broker recently put an add rating and $28.48 price target on its shares.

Megaport Ltd (ASX: MP1)

Another growth share to look closely at is Megaport. It is an elasticity connectivity and network services company. Megaport’s service utilises software defined networking (SDN) to allow customers to rapidly connect their network to other services across the Megaport Network. This means that services can be directly controlled by customers via mobile devices, their computer, or its open API. This has proven very popular with businesses, leading to Megaport growing its recurring revenues at a rapid rate over the last few years. Pleasingly, this has continued in FY 2021. It recently released its third quarter update and revealed an 8% quarter on quarter increase in monthly recurring revenue (MRR) to $6.8 million. UBS is positive on the company. The broker currently has a buy rating and $17.10 price target on its shares.

Temple & Webster Group Ltd (ASX: TPW)

Another ASX growth share to look at is Temple & Webster. It is an online furniture and homewares retailer. With online furniture shopping still in its infancy in comparison to other areas of the retail market, Temple & Webster appears well placed for growth over the long term. Particularly given its leadership position. Management recently revealed that it plans to invest heavily to take advantage of the shift and cement its position as the market leader. Morgan Stanley was happy with this plan. It currently has an overweight rating and $15.00 price target on its shares.

The post 3 stellar ASX growth shares rated as buys appeared first on The Motley Fool Australia.

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James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Idp Education Pty Ltd, MEGAPORT FPO, and Temple & Webster Group Ltd. The Motley Fool Australia has recommended MEGAPORT FPO 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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There are many competing variables at play when considering investing in an ASX share. Whether it has good growth potential, if it has a moat from the competition, or if it’s at a good price.

These are all important factors but another immensely critical factor that even the great Warren Buffett bangs on about is… the balance sheet.

A company with a good balance sheet can weather economic storms. Often, such companies can offer dividends to shareholders. And when challenging times do hit, they have excess cash to even take advantage of the conditions. Sometimes that means acquiring competitors at a discount.

On the flip side, companies with high levels of debt are often caught out when tides turn. So, let’s peruse a handful of ASX shares with high debt levels.

ASX shares that might be dancing with the debtor

Openpay Group Ltd (ASX: OPY)

The first cab off the rank is buy now, pay later player Openpay. This ASX share has the smallest market capitalisation out of the bunch at $169.5 million. Openpay’s marketed differentiator is its flexibility of payment plan. These payment plans range from 2 to 24 months for up to $20,000.

At the end of December, the company held $46.2 million of debt on its balance sheet. However, thanks to a handful of capital raisings, it also held $39.3 million in cash. Based on reported figures, Openpay’s debt-to-equity ratio stood at 91.8% at the end of December.

Typically, a company would aim to maintain a debt-to-equity ratio of less than 40% to ensure it doesn’t get caught with its pants down.

Usually, having a chunk of cash to offset that debt would defuse concerns. However, Openpay remains a loss-making company, burning through its cash reserves.

Flight Centre Travel Group Ltd (ASX: FLT)

Many would know how disappointing ruined travel plans have been — though ASX tourism companies probably know that pain to a different extent. Flight Centre was walloped by COVID-19, with revenue and earnings falling off a cliff.

Unsurprisingly, the damage has extended to the balance sheet. While the company has managed to bolster its cash reserves, debts have skyrocketed. At the end of December 2020, Flight Centre had $914 million in debt, equating to a debt-to-equity ratio of 78.4%.

Unless earnings bounce back, this ASX share could quickly churn through its cash balance, which could potentially result in further capital raisings.

Event Hospitality and Entertainment Ltd (ASX: EVT)

Last on the list – another company hit by the pandemic with a balance sheet that’s worse for wear. Event Hospitality and Entertainment owns various hotels, resorts, and cinemas. All of these have been impacted to some extent.

Consequently, debt levels have crept higher in the past 18 months to $532.5 million. That gives Event a debt-to-equity ratio of 61.8%. Much like Flight Centre, this company has switched from profitable to loss-making.

Event has managed to get by without raising additional capital yet. However, it could potentially find itself in a similar position as Flight Centre if profitability doesn’t resume in the short to medium term.

The post Here are 3 ASX shares with high debt levels appeared first on The Motley Fool Australia.

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Motley Fool contributor Mitchell Lawler 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 Flight Centre Travel 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 S&P/ASX 200 Index (ASX: XJO) went up by 0.15% to 7,293 points.

These are some of the highlights from the ASX:

EML Payments Ltd (ASX: EML)

The EML share price went up around 6% today after yesterday’s update about trading conditions and the ongoing regulatory issue with the Central Bank of Ireland.

In terms of the trading update, EML said that in the nine months to March 2021, gross debit volume (GDV) was up 52% to $14.9 billion and revenue was higher by 65% to $143.5 million. Earnings before interest, tax, depreciation and amortisation (EBITDA) was higher by 62% to $43.8 million in the first nine months of FY21.

Looking at the individual segments, in the general purpose reloadable, EML has launched with Mastercard in New Zealand. In the gift and incentive segment, it’s benefiting as UK shopping centres reopen. US malls are also seeing improved volumes, though parts of Canada and Europe are still in lockdown. In the virtual account numbers (VANS) segment, both Australia and Europe have contributed to GDV with the launch of new programs in the BNPL and line of credit verticals.

Regarding CBI, the ASX 200 share said that it remains in an ongoing dialogue with the CBI in relation to the concerns. There is no timeframe for the CBI to finalise its considerations of the matter.

EML said it’s continuing to focus on EML’s “strong” pipeline of new customers and support existing customers.

It said the financial impacts can’t be fully determined for FY22.

Ansell Limited (ASX: ANN)

The Ansell share price dropped around 0.5% today after announcing who its new CEO will be.

The ASX 200 company announced today the appointment of Neil Salmon as managing director and CEO effective from 1 September 2021.

This came after the announced retirement of Magnus Nicolin and a comprehensive internal and external search for a successor.

Mr Salmon joined Ansell in 2013 as the chief financial officer and was appointed as president of Ansell’s industrial GBU in 2019.

CEO-elect Neil Salmon said he was honoured to have been selected to lead Ansell:

It is a considerable responsibility to lead Ansell at this time of enormous need for our personal protection products worldwide. I thank the board for the opportunity to build on Ansell’s success and I acknowledge the outstanding leadership of Magnus Nicolin in taking the company so far.

Mr Salmon will receive a base annual salary of €715,000 as well as short-term and long-term incentives.

Superloop Ltd (ASX: SLC)

The Superloop share price was unmoved today after the business announced that it’s going to acquire Exetel Pty Ltd, Australia’s largest independent internet service provider for $110 million, comprising $100 million in a cash consideration and $10 million in Superloop shares.

Superloop said the acquisition will accelerate the utilisation of the company’s infrastructure assets through acquisition of Exetel’s consumer and business customers, which amount to more than 110,000.

The business has estimated the cost synergies will be around $5 million per annum, which is related to the increased Superloop network utilisation, with all synergies expected to be realised within the first 12 months.

Superloop said the acquisition will be materially accretive for earnings per share (EPS), EBITDA and free cashflow on a FY21 pro forma basis.

The cash element of the deal will be funded by a $100 million capital raising.

Superloop is now expecting FY21 EBITDA, excluding one-off transaction costs, to be in a range of $18 million to $18.5 million.

The post ASX 200 rises, EML up, Ansell announces CEO 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 EML Payments and SUPERLOOP FPO. The Motley Fool Australia owns shares of and has recommended EML Payments. The Motley Fool Australia has recommended Ansell 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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If you’re on the lookout for dividend options, then you might want to take a look at the ones listed below.

Both of these shares are expected to provide investors with big yields in the near future. Here’s why they have been tipped as buys for income investors:

Stockland Corporation Ltd (ASX: SGP)

The first ASX dividend share to look at is Stockland. It is a property company which owns, manages and develops a diverse range of property assets. These include retirement villages, retail centres, business parks, offices, and logistics centres.

Although its shares have been strong performers this year, they are still expected to provide investors with a generous distribution yield in the near term.

For example, according to a note out of Morgan Stanley, its analysts are forecasting distributions of 25.1 cents per share in FY 2021 and then 27.8 cents per share in FY 2022. Based on the current Stockland share price of $4.80, this will mean yields of 5.2% and 5.8%, respectively.

Morgan Stanley currently has an overweight rating and $5.00 price target on its shares.

Sydney Airport Holdings Pty Ltd (ASX: SYD)

Another ASX dividend share to look at is Sydney Airport.

With Australia slowly returning to normal, Sydney Airport has been experiencing a notable recovery in domestic passenger numbers. And while international tourism is still some way off, the global vaccine rollout brings it closer every day. This bodes well for Sydney Airport traffic next year and ultimately its income and dividends.

Goldman Sachs is forecasting dividends of 8.8 cents per share in FY 2021 and then 27.1 cents per share in FY 2022. Based on the current Sydney Airport share price of $6.06, this will mean yields of 1.5% and 4.5%, respectively.

The broker currently has a buy rating and $6.73 price target on its shares.

The post 2 quality ASX dividend shares with big yields appeared first on The Motley Fool Australia.

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James Mickleboro does not own any shares 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 S&P/ASX 200 Index (ASX: XJO) had a rather flat day today. The index finished up 0.15% at 7,292 points, well under its new all-time high of 7,315 points that we saw this morning.

Let’s take a look at which ASX 200 shares were among the most heavily traded today.

3 ASX 200 shares on the move today

Origin Energy Ltd (ASX: ORG)

The Origin share price climbed higher today, up 1.89% to $4.86 per share at the close of trade. The energy retailer and generator is now up a hefty 21.5% since the start of June. This may be a result of some positive broker activity recently, which we covered here.

A total of 9.60 million Origin shares changed hands today, making it one of the most traded ASX shares of the day.

Scentre Group (ASX: SCG)

Scentre is another ASX 200 share that experienced heavy trading today. Scentre shares ended the day up a healthy 2.51% at $2.86 per share. Scentre is also up 5% in the past week.

Again, there isn’t much in the way of official news or announcements out of Scentre today. But, like Origin, this real estate investment trust (REIT) has also recently benefitted from some broker love. That might have helped today’s rise, which saw 16.45 million shares swapping hands.

Imugene Limited (ASX: IMU)

ASX healthcare company Imugene was one of the most heavily traded ASX 200 shares on the market today, with a massive 68.53 million shares moving around. That is possibly the result of Imugene’s sizeable 14.87% fall today to 31.5 cents a share.

There doesn’t seem to be an obvious catalyst for this hefty move today. But it is worth noting the company did run up 370% between 10 March and 26 May this year. It was also up more than 80% between 10 May and 26 May. With no other news, could it be simply some profit-taking going on here?

The post These 3 ASX 200 shares were among the biggest movers today appeared first on The Motley Fool Australia.

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Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Bitcoin (CRYTPO: BTC) price is in freefall.

One Bitcoin is currently trading for US$32,901 (AU$42,727). That’s down 9.4% over the past 24 hours.

It also trims Bitcoin’s year-to-date gains down to a fairly meagre 13.8%.

Don’t get me wrong. A 13.8% return in under 6 months would be stellar from any blue-chip ASX share. But with the notorious volatility inherent across all cryptocurrencies, some investors may be thinking the risk isn’t worth the potential gains.

As Bitcoin’s price has crumbled from April’s all-time highs of US$64,829, so to has its market cap. This now stands at US$615 billion, down from some US$1.1 trillion at its peak.

Least favourite asset for investment

Bitcoin has been receiving a lot more institutional investor interest this year. But not all professional investors are keen to add it to their portfolios.

eToro’s crypto expert Simon Peters noted that May was the worst month on record for Bitcoin’s price performance. He added that “caution remains the watchword for bitcoin in particular after a sell-off sparked by a crackdown in China on trading, as well as a bout of profit-taking”.

Peters also pointed to a note from Goldman Sachs, indicating the CIOs of various funds are less than enthralled with the world’s largest crypto:

Professional investors remain concerned about the near-term outlook. A note from Goldman Sachs said their meetings with 25 chief investment officers of long-only and hedge funds revealed bitcoin as the least favourite asset for investment.

Which isn’t to say some investors haven’t made a mint trading the digital token. According to Peters, “Asset manager Ruffer has made more than $1 billion in profit from a $600 million Bitcoin investment it made during November 2020.”

Ruffer closed out its Bitcoin position in April banking US$1.1 billion in profit.

Most cryptos spiralling lower…but not all

It’s not just Bitcoin falling hard today.

The vast majority of the top-100 cryptocurrencies are spiralling lower.

Ethereum (CRYPTO: ETH) is down 11% over the past 24 hours. And the much-hyped Dogecoin (CRYPTO: DOGE) has shed 15%, according to data from CoinMarketCap.

But there is an outlier. The sole crypto in the top 100 (by market cap) to be up more than a fraction of a percent today is Theta Fuel (CRYPTO: TFUEL). Theta is up more than 10% over the past 24 hours.

And it’s not just today. Yesterday I singled out Theta as the past week’s top performing crypto. A spot it still holds onto today

Over 7 days Theta is up 46%, compared to an 11% loss for Bitcoin at the same time.

Invest with care!

The post Bitcoin slammed as “least favourite asset for investment” appeared first on The Motley Fool Australia.

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The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Bitcoin. The Motley Fool Australia has no position in any of the stocks mentioned. Bernd Struben 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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