The Exopharm Ltd (ASX: EX1) share price rocketed today after the company announced positive clinical trial results for its regenerative medical product, Plexaris.

At market close, the Exopharm share price is up by 12.93% today to 65 cents per share.

Exopharm is a biopharmaceutical company focused on developing regenerative medicine. It’s currently investigating the therapeutic potential of two products, Plexaris and Cevaris, in treating osteoarthritis.

The company was undergoing clinical trials to see if the medicine can restore arthritic cell tissue in rats. These clinical trials showed that the drugs had no adverse affects and were safe to trial on humans, however they also showed that drugs’ efficacy was limited to milder cases, which led to a sharp drop in the Exopharm share price last week.

Exopharm moves to human trials with safe results

The Exopharm share price has recovered some of last week’s losses after the company reported that its human trials with 11 participants showed no adverse effects so far. The study resulted in no untoward or unexpected safety events reported, with all 11 enrolled participants remaining healthy throughout and after their 30-day follow-up period.

Moreover, all induced wounds successfully healed without skin defects, abnormal scarring or abnormal cosmetic appearance. However, due to the small numbers involved in the study there are no significant efficacy signals. 

What Exopharm management said

Exopharm founder Ian Dixon was nonetheless very bullish about the results, especially about the scalability of the company’s linked engineering and production (LEAP) process, which involves total control over each step from engineering to manufacturing. 

These results confirm Exopharm as a leader in extracellular (EV) medicine manufacture and further validate our LEAP manufacturing technology. 40 clinical-grade doses of Plexaris were made within eight hours by two staff. If the study had been 100 times larger, it still would have taken the same amount of time and labour, only larger equipment.

This is what we mean when we say LEAP is the only fully scalable process for exosome purification that has been developed. This manufacturing capability is fully applicable to our engineered EV program, as this manufacturing process and the safety of product coming out of it is applicable to all EV medicines processed with LEAP.

Exopharm share price snapshot

Despite these gains, the Exopharm share price has still fallen 9% this month. The Exopharm share price has entered a corrective period, after it rose from 33 cents in December 2020 to 94 cents in February this year.

Overall, the Exopharm share price is up 247% this past year.

More reading

• Exopharm (ASX:EX1) share price plunges 17% after animal testing results

Motley Fool contributor Lucas Radbourne-Pugh 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 GameStop Corp. (NYSE: GME) share price fell 2.4% yesterday (overnight Aussie time).

While the ASX was shuttered for the long Easter weekend, US stock exchanges remained open. GameStop closed the day at US$186.95 per share. That gives the video game retailer a market cap of US$13.1billion.

Despite some recent selling action, GameStop shares are still up an eye-popping 984% so far in 2021.

What drove GameStop’s meteoric rise?

As you most likely know, GameStop has the so-called Reddit army to thank for its skyrocketing shares. That’s the loosely connected group of retail investors employing social media apps like WallStreetBets to synchronise their investment plans.

Not that every Reddit army recruit has banked those kinds of gains. Anyone who bought GameStop shares at the 27 January highs is currently nursing a 46% loss on their investment.

But that could be just the beginning of a longer, harder slide for GameStop and other ‘meme stocks’.

How COVID vaccines could torpedo the GameStop share price

GameStop and other so-called meme stocks are widely believed to have benefited from the global pandemic. That’s because the virus saw people forced to remain at home. This gave them extra time to explore the share market opportunities right when many found their bank accounts flush with government stimulus cheques even as they were unable to spend money on their normal pursuits.

But all that looks set to change. And the implications for shares like GameStop could be dire.

According to Bloomberg:

An index that tracks 37 of the most popular meme stocks – 37 of the 50 that Robinhood Markets banned clients from trading during the height of the frenzy – is essentially unchanged over the past two months after soaring nearly 150% in January.

As vaccines begin to take the teeth out of the coronavirus and the world reopens, this trend could well accelerate as people turn away from their day trading apps and towards the activities and work places they were accustomed to.

Edward Moya is a senior market analyst at Oanda. According to Moya:

The stimulus check impact on retail trading is waning. Many Americans are looking to go big on attending sporting events, traveling across the country, vacationing, visiting family and friends, and revamping wardrobes before going out to restaurants, pubs and returning to the office.

While Moya’s forecast could prove bad news for the share price of meme stocks like GameStop, it could open new opportunities in areas like ASX travel and retail shares.

Happy investing.

More reading

• GameStop appoints former Amazon and Chewy Execs in turnaround bid
• Here are the US shares ASX investors have been buying
• Airtasker (ASX:ART) share price insanity: Is this the ASX’s GameStop?
• ASX investors still can’t get enough of GameStop (NYSE:GME) shares
• Is the cashed up Reddit army forming for a new charge?

Motley Fool contributor Bernd Struben 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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Earlier today I looked at a couple of mid cap ASX shares that could have bright futures ahead of them. On this occasion, I’m going to move higher up on the risk scale to small cap shares.

If your risk profile allows for it, here’s why these small cap ASX shares could be worth considering:

Booktopia Group Ltd (ASX: BKG)

Booktopia is the largest Australian-owned online book retailer based on market share. During the 12 months ended June 2020, the company was selling one item approximately every 4.7 seconds.

Positively, since then, its growth has gone up a level. This has been driven by a combination of the shift to online shopping and its investment in a new distribution centre.

In February, Booktopia reported a 40% increase in first half shipments to 4.2 million units. This underpinned a 51.1% increase in revenue to $112.6 million and a 502.3% jump in underlying EBITDA to $8 million.

This went down well with analysts at Morgans. In response to its half year result, the broker retained its add rating and increased its price target to $3.53.

Whispir (ASX: WSP)

Whispir is a technology company that provides a communications workflow platform automating interactions between organisations and people.

The company notes that its products allow organisations to improve their communications through automated workflows to ensure stakeholders receive accurate, timely, useful and actionable insights. Furthermore, these are received in a manner that is sensitive to individual contexts and preferences.

Demand has been strong for its offering over the last couple of years and this has continued in FY 2021. In February, Whispir reported a 29.2% increase in its annualised recurring revenue to $47.4 million.

Positively, more of the same is expected in the second half. This should be supported by its recent $45.3 million capital raising, which was undertaken to support its growth plans.

Analysts at Ord Minnett are positive on the company’s future. They currently have a buy rating and $4.25 price target on its shares.

More reading

• These ASX tech shares are all trading near their lowest prices in months
• 3 exciting small cap ASX shares to watch
• 2 of the best small cap ASX shares to buy
• Airtasker (ASX:ART) share price cools after explosive IPO
• 3 exciting small cap ASX shares to watch

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 recommends Whispir Ltd. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. recommends Booktopia Group Limited. The Motley Fool Australia has recommended Whispir 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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The Cobre Ltd (ASX: CBE) share price is rocketing today after the company announced its acquisition of a large portion of the Kalahari Copper Belt in Botswana.

The Cobre share price has risen 17.5% today to 23.5 cents per share.

Cobre is an exploration and mining company in Western Australia. Its projects include the Perrinvale project in Kalgoorlie and the Sandiman project in the Carnarvon Basin. The Kalahari Copper Belt presents a potentially lucrative opportunity for the company to expand its exploration outreach into Africa.

Cobre’s Kalahari Copper project

Cobre’s shareholders voted today to acquire Kalahari Metals Limited (KML), a UK company that’s the second-largest tenement holder in the highly prospective Kalahari Copper Belt. Cobre is acquiring a 51% stake in the company, funded by the issue of 21.4 million Cobre shares.

The US Geological Survey regards the Copper Belt as one of the world’s most prospective areas for yet-to-be-discovered sediment-hosted copper deposits. Cobre is impressed that KML’s recent discoveries have targeted high-grade structurally controlled mineralisation in the areas it has a licence to explore.

KML holds 8,100 square kilometres in proximity to, and along strike from, known deposits in the Kalahari Copper Belt. Cobre considers Botswana to be a “stable jurisdiction investing heavily in power transmission”.

What did Cobre management say?

Cobre CEO Martin Holland said that the Kalahari Copper Belt acquisition could lead to a large copper discovery for the company.

The board believes that this acquisition of a large portion of the prolific Kalahari Copper Belt (KCB) will create a stronger and more diversified company poised for domestic and international growth.

By adding a stake in the prospective and under-explored KCB in Botswana, we have broadened our project portfolio and increased our exposure to copper, a metal in high global demand.

The board is very excited about the opportunity this represents for the company and following completion of the transaction, which is expected to occur shortly, the Kalahari Metals Limited (KML) team is ready to hit the ground with the next exploration program which includes a drilling campaign.

In a series of resolutions passed today, Cobre shareholders voted for the acquisition.

Cobre share price snapshot

With the Cobre share price jumping 17% today on the acquisition announcement, shares in the company have risen 6.8% in the past month and 46.8% over the past 12 months. The Cobre share price is down 9.6% in 2021, but it’s scraped above the basic materials sector, returning 5% above over the past 12 months.

More reading

• Insiders have been buying Nearmap (ASX:NEA) and this ASX share
• Goldman Sachs: “Massive opportunity” in ASX 200 alternative real estate shares
• Seek (ASX:SEK) share price lifts as jobs ads reach 12-year high
• What’s stopping the wheels turning on electric cars in Australia?
• The ASX shares brokers think you should be watching

Motley Fool contributor Lucas Radbourne-Pugh 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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Every so often, I like to take a look to see which shares have experienced meaningful insider buying. This is because insider buying is often regarded as a bullish indicator, as few people know a company and its intrinsic value better than its own directors.

A number of shares have reported meaningful insider recently. Here are a couple which have caught my eye:

Nearmap Ltd (ASX: NEA)

According to a change of director’s interest notice, one of this aerial imagery technology and location data company’s directors has been taking advantage of recent weakness in its share price to top up his position.

The notice reveals that non-executive director and former chair, Ross Norgard, picked up 500,000 shares through an on-market trade on 31 March. Mr Norgard paid an average of $2.042 per share, which equates to a total consideration of just over $1 million. This purchase lifted its holding to a total of almost 24.1 million shares.

With the Nearmap share price down over 21% from its February high, it appears as though Mr Norgard sees value in them at this level.

Netwealth Group Ltd (ASX: NWL)

A couple of change of director’s interest notices reveal that this wealth management platform provider’s directors have been buying shares. This appears to have been driven by a significant pullback in the Netwealth share price recently following an update on its deposit arrangement with Australia and New Zealand Banking GrpLtd (ASX: ANZ).

The notice reveals that independent director Sally Freeman picked up 9,000 shares for $126,000 on 29 March and Chairman Tim Antonie purchased 5,000 shares for $70,350 on 26 March. This represents purchase prices of $14.00 and $14.07, respectively. Both purchases were made on-market.

The good news for investors is that the Netwealth share price is currently fetching $13.98. This means you could invest at an even cheaper price than what these directors paid.

More reading

• 2 fast-growth ASX tech shares that have been sold off
• 2 stellar mid cap ASX shares to buy in April
• ASX 200 down 0.1%: Computershare raises $500m, REA Group announces acquisition
• ASX 200 Weekly Wrap: ASX 200 gets its mojo back
• These were the worst performers on the ASX 200 last week

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 Nearmap Ltd. The Motley Fool Australia owns shares of Netwealth. The Motley Fool Australia has recommended Nearmap 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 your portfolio is light on S&P/ASX 200 Index (ASX: XJO) alternative real estate shares, you may wish to run the old slide rule over it.

Traditional real estate shares are comprised of assets including offices, residential property, and retail property.

In contrast, alternative real estate shares are focused on assets including infrastructure, hospitals, schools, industrial facilities and data centres.

So why might you wish to up your exposure to ASX 200 alternative real estate shares?

I’m glad you asked.

Advantage alternative real estate shares

It’s no secret that the global pandemic has ushered in many years’ worth of changes in the investment markets in just a single year.

Chief among those changes has been the increased pace in the growth of digitalisation. With people working, shopping and socialising from their homes, the demand for data – and places to securely store that data – has rocketed.

Going hand in hand with that trend is also the need for more logistics space to accommodate the surge in online purchases. However, the ASX remains quite light on investment opportunities in these sectors.

Hence both ASX data centre shares and ASX logistics shares are among those on Goldman Sachs’ real estate radar.

As reported by the Australian Financial Review, alternative real estate accounts for more than 50% of the listed real estate sector in the United States. In Australia, that figure is closer to 10%.

Adrian Sheldon is Goldman Sachs head of real estate. According to Sheldon:

The Australian listed real estate market is significantly under-represented in alternatives, when you look at alternatives in other markets. So there is massive opportunity in alternative real estate here.

Sheldon adds that alternative real estate “is essential services real estate. What that means is that the underlying demand driver for this type of real estate is very strong, it is not going anywhere and people understand it”.

ASX 200 data centre shares and ASX 200 logistics shares

There is a range of quality shares trading on the ASX involved in data storage and a separate selection in logistics services.

On the larger end of the scale, that number is more limited for investors looking for ASX 200 listed shares.

For the purposes of this article, we’ll look at 1 blue-chip share from each sector.

First up is Centuria Industrial REIT (ASX: CIP). The real estate investment trust is Australia’s largest pure-play industrial REIT. It provides ASX 200 investors with shareholdings in quality logistics assets across Australia’s capital cities.

Over the past 12 months, the CIP share price is up 22%, trailing the 30% gains posted by the ASX 200. At the current price of $3.29 per share, CIP has a market cap of $1.8 billion. The REIT pays a 5.3% dividend yield, unfranked.

Turning to data storage, we have ASX 200 listed Nextdc Ltd (ASX: NXT). Among its assets and services, Nextdc owns 9 data centres across Sydney, Melbourne, Brisbane, Perth and Canberra.

Up 3% in intraday trading today, the NEXTDC share price is up 26% over the past 12 months. So far in 2021, shares have been slipping, down 11% year-to-date. At the current price of $11.05 per share, Nextdc has a market cap of $5.0 billion.

Nextdc’s current share price may represent a bargain. In February Goldman Sachs’s analysts placed a price target of $13.50 per share on the data centre’s stock. That’s 22% above the current share price.

More reading

• 2 explosive ASX growth shares to buy right now
• Top broker picks the best ASX shares to buy for the new quarter
• 2 excellent ASX shares to buy and hold for a decade
• NEXTDC (ASX:NXT) share price tipped to charge 28% higher
• 2 rapidly growing ASX shares that could be strong buys in April

Motley Fool contributor Bernd Struben 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 SEEK Limited (ASX: SEK) share price is continuing its upwards trend today following the release of Australian job advertisement data for March. At the time of writing the job marketplace provider’s shares are trading 3.16% higher at $29.75 a share.

Highest Job ads since post-GFC

On a day for good news, the Australia and New Zealand Banking GrpLtd (ASX: ANZ) reported another strong gain in job ads for the month of March. Reportedly, job advertisements in Australia increased by an additional 7.4% month-on-month, or 39.7% compared to this time last year.

As a result, job ads have hit a 12-year high – with the number reported not seen since November 2008. At that time Australia, and the world, was climbing out of the global financial crisis (GFC). Twelve years later, the world is clambering to recover from a crisis of a different kind – although economically the fallout is comparable.

The positive monthly growth makes for the tenth month of consecutive increases in job ads. A figure that has SEEK shareholders smitten, as the share price continues to exceed pre-COVID-19 levels.

SEEK share price and job ads break pre-pandemic levels

At 190,542 ads, positions looking to be filled have now exceeded pre-pandemic levels by roughly 52% when compared to January 2020. Unsurprisingly, SEEK and its share price have come along for the ride, being Australia’s number one employment marketplace.

A year on from a drastic 42% crash, the SEEK share price has now gained 108% in the last 12 months. Prior to the pandemic, the company’s share price hit an all-time high of $24. As of today, the company’s shares are trading 24% beyond that previous high.

Although job ads might be growing, the prior half remained challenging for the company. Group revenue lagged 6% compared to the prior corresponding period, while net profit after tax slumped 8% to $69.7 million.

A promising sign for unemployment

Job ad data in conjunction with the Reserve Bank of Australia’s (RBA) commentary remains optimistic for unemployment. This afternoon the RBA maintained the cash rate at 0.1%. Adding that Australia’s economic recovery has been stronger than expected with unemployment falling to 5.8% in February.

High job ads and a falling unemployment rate are certainly promising indicators for a healthier job market looking ahead. Given the prosperity of the job market is closely tied to SEEK’s share price success, this might have a bit to do with the recent lift. 

More reading

• ASX 200 up 0.9%: Cleanaway jumps, tech shares rise, Incitec Pivot sinks
• Top brokers name 3 ASX shares to buy next week
• Commonwealth Bank (ASX:CBA) share price and weekly news wrap
• Here’s why the ANZ (ASX:ANZ) share price jumped 8% in March
• ASX 200 up 0.25%: AMP names new CEO, Boral’s buyback, Webjet sinks

Motley Fool contributor Mitchell Lawler has no position in any of the stocks mentioned. The Motley Fool Australia has recommended SEEK 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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Experts say Australia is in a position to benefit hugely from the electric car revolution.

With an abundance of lithium, cobalt and nickel miners listed on the ASX, we certainly have plenty of resources to produce electric vehicles – right here in our own backyard.

A report by the Electric Vehicle Council in September 2020 found that replacing a traditional petrol or diesel vehicle in Australia with an electric car could generate a net government revenue of 1.1 cents per kilometre driven.

So what’s stopping Australia from chasing (or, in the case of Victoria, increasing taxation on) an electric dream?

The Submission on the Future Fuels Discussion Paper, written by Audrey Quicke and published today by the Australian Institute, asks just that.

Charging ahead or crashing our potential?

Quicke argues that the Federal Government is crashing the future of electric cars in Australia.

She says the government’s Future Fuels Strategy: Discussion Paper is disappointing and uses misleading modelling to show electric vehicle subsidies are not value for money.

Quicke reasons a correct future fuel strategy should include short-term financial incentives to make electric vehicles more affordable and set a target for the government’s fleet to be made of 100% electric vehicles by 2030. It should also take into account light vehicle CO2 emissions standards.

She says the government’s discussion paper doesn’t compare costs and savings for like-for-like cars over their lifetime. Further, emissions comparisons aren’t averaged over a vehicle’s lifetime and don’t consider the likelihood of powering electric cars with solar.

So, should government do more to promote electric cars?

“Instead toying with the idea of punishing people for buying electric vehicles by charging them additional taxes, the rational thing for government to do would be pull out all stops to encourage transport electrification.” https://t.co/nahH8tu9DV

— Electric Vehicle Council of Australia (@EVCouncil) September 27, 2020

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The Electric Vehicle Council’s September report found electric cars brought large benefits to the economy.

It found replacing a fossil-fuelled car with an electric one brought an average lifetime benefit of $8,763. If a traditionally fuelled bus was replaced by one of its electric counterparts, that figure became more than $40,000.

The council arrived at these figures by equating a multitude of factors, including:

• Sales taxes;
• Cheaper running costs meaning more disposable income for Australian households;
• Revenue from income tax, as producing electricity creates more Australian jobs than producing fossil fuels;
• Lesser costs associated with upkeeping Australia’s fuel reserve;
• Financial benefits of lowering Australia’s GHG emissions;
• Lower costs of air and noise pollution.

What about the environment?

The Australian Academy of Science recently found Australia must decarbonise much faster than planned to avoid the devastating effects of climate change.

It found we must drastically limit our GHG emissions or, most likely, face a global temperature increase of 2°C.

The statistics back that up. For the year ending September 2020, nearly 18% of Australia’s greenhouse gas (GHG) emissions were caused by transport using petrol, diesel or LPG engines.

There are plenty of arguments that electric vehicles could help solve the challenges facing Australia and its environment. 

Consumers are on board

With or without government support, Australians are jumping onboard an electric vehicle revolution, according to the Electric Vehicle Council’s 2020 report.

56% of Australians surveyed said when buying their next car, they would consider buying an electric vehicle. In addition, public charging infrastructure is becoming more common, and demand isn’t waining yet. 

We’ve still got a long way to go. Globally, up to 1 in 20 new cars sold are electric. Only 0.6% of new cars in Australia can say the same. 

But with an abundance of ASX listed companies creating products aimed at powering the electric vehicle market, we might already be witnessing the beginning of the future.

More reading

• The ASX shares brokers think you should be watching
• Why the Champion Iron (ASX:CIA) share price is soaring 5% today
• Records on Wall Street, why the ASX 200 isn’t following, and house prices through the roof: Motley Fool CIO Scott Phillips on Sky News
• Why the Sonic (ASX:SHL) share price could be a hidden opportunity
• The Xref (ASX:XF1) share price is surging 16% today. Here’s why

The Motley Fool contributor Brooke Cooper 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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With the ASX 200 continuing to ping pong back and forth, here are the ASX shares that big brokers think you should be watching. 

Ardent Leisure Group Ltd (ASX: ALG)

Citi believes Ardent Leisure could be an attractive way to play into the re-opening economy and pent-up demand narrative. The broker notes that the company’s balance sheet and liquidity concerns are being resolved. Additionally, its valuation is underpinned by the theme park asset value of at least $89 million prior to rezoning. 

What’s interesting is that despite Citi’s buy rating, its target price of 82 cents was unchanged. The Ardent Leisure share price trading at 92 cents at the time of writing. This represents a downside of 10%. 

Boral Limited (ASX: BLD) 

Boral recently completed the sale of its 50% share in USG Boral to Gebr Knauf KG for US$1.05 billion (A$1.33 billion). The proceeds will be used to pay down debt, return capital to shareholders and reinvest in the business.

Morgan Stanley calls this move another step in the evolution of Boral. Furthermore, Morgan Stanley believes it represents a significant transformation. This comes from a period when serious concerns were raised about its balance sheet. The broker rates Boral shares as overweight with a $6.30 target price. The Boral share price is currently fetching $5.83. 

Rhipe Ltd (ASX: RHP) 

It’s been back and forth for the Rhipe share price since March last year.

Ord Minnett believes that it could be Rhipe’s time to deliver some meaningful shareholder returns. This comes with an accumulate rating and $2.45 target price. 

The broker’s commentary highlights the company’s recent acquisition of EMT Distribution, a cybersecurity distribution specialist. It believes this move will broaden Rhipe’s exposure to a growing cybersecurity market. Additionally, it plays a role in its broader strategy to diversify from its core cloud subscription offering. 

The deal will be immediately earnings accretive in FY22, and greater revenue synergies through cross-selling may be realised in the near-term. Overall, Ord Minnett is bullish on Rhipe’s growth both organically through increased cloud software adoption and through its growth via acquisition.

With Rhipe shares currently trading at $1.80, the broker’s target price represents a significant 36% upside. 

More reading

• Brokers name 3 ASX shares to buy today
• These were the best performing ASX 200 shares last week
• ASX 200 rises, Webjet sinks, Boral climbs
• ASX 200 up 0.25%: AMP names new CEO, Boral’s buyback, Webjet sinks
• Why AMP, Boral, Rhipe, & Zoono shares are pushing higher

Motley Fool contributor Kerry Sun 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 Sky News First Edition this morning to discuss the records on Wall Street, plus the boom in house prices and what the regulators might be forced to do to rein them in.

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More reading

• Why the SG Fleet (ASX:SGF) share price surged 10% today
• ASX 200 up 0.9%: Cleanaway jumps, tech shares rise, Incitec Pivot sinks
• Why the Incitec Pivot (ASX:IPL) share price tumbled 10% this morning
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Motley Fool contributor Scott Phillips 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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