The Eagers Automotive Ltd (ASX: APE) share price has broken a new record today. This comes after the company announced a positive trading update and guidance. At the time of writing, the automotive retailer’s share price is up 5.9% to $13.89. At one point during morning trade, Eagers shares reached as high as $14.15 creating a new all-time high for the company.

What’s moving the Eagers Automotive share price?

Investors are pushing the Eagers Automotive share price higher after digesting the latest news from the company.

In today’s release, Eagers Automotive provided a market update and guidance for the 12 months ending 31 December 31 2020.

While COVID-19 begins to subside in Australia, the company advised it is seeing vehicle sales rebound strongly. This comes after Eagers Automotive experienced weak demand during the months of April and May when country-wide restrictions were in place.

The company said that customer orders continue to show an upward trajectory post COVID-19. In addition, the supply of overseas vehicles has started to return back to the Australian market. This was validated by a 12% increase in national vehicle deliveries during November recorded by VFACTS (based on statistics from the Federal Chamber of Automotive Industry).

Previously in the June quarter, global factory closures caused a halt in the delivery of vehicles.

Market guidance

In light of the above, Eagers Automotive expects to deliver an improved full-year result. Underlying operating profit before tax from its continuing operations are estimated to be in the range of $195 million to $205 million. This compares to the $100.4 million achieved in the prior corresponding period.

The strong outlook comes off the back of the company’s first full-year of trading since merging with Automotive Holdings Group (AHG). Furthermore, Eagers Automotive’s decision to reduce costs across the business during COVID-19 also helped deliver the robust result.

Eagers Automotive share price summary

The Eagers Automotive share price has been charging higher since the pandemic took the world by storm in March. Since this time, Eagers shares have more than quadrupled in value for the patient investors who held on to them.

The Eagers Automotive share price broke an all-time high record when it reached $14.15 today. The milestone achievement outpaces the S&P/ASX 200 Index (ASX: XJO) which is still 7% off reaching that feat.

More reading

• ASX 200 down 0.3%: CSL sinks, Zip’s Facebook deal, IGO rockets
• Why Eagers Automotive, IGO, Marley Spoon, & Zip shares are charging higher
• Aussie dollar breaking to new 30-month high will boost these ASX stocks
• Why the IGO (ASX:IGO) share price shot up 18% in early trade today
• Australian ETFs just smashed multiple records

Motley Fool contributor Aaron Teboneras 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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As my colleague covered here, exchange-traded funds (ETFs) continue to grow in popularity with Australian investors.

So much so, the Australian ETF industry was worth a record $78.7 billion at the end of the November.

Where are investors putting their money? Two popular ETFs are listed below. Here’s what you need to know about them:

BetaShares Asia Technology Tigers ETF (ASX: ASIA)

The BetaShares Asia Technology Tigers ETF gives investors access to a total of 50 of the largest technology and ecommerce companies operating in the Asian market. This means investors will be buying a slice of tech giants such as Alibaba, Baidu, JD.com, and Tencent Holdings.

In respect to Alibaba, it is the Amazon of China and at the end of September had 757 million annual active customers. Across its Alibaba, Taobao, and Tmall brands, the company is estimated to control a sizeable 56% of China’s e-commerce market. It also has a presence offline with a growing network of grocery stores, hypermarkets, and department stores.

But like Amazon, it is so much more than just a retailer. It accounts for 40.1% of China’s cloud infrastructure market and has an exceptionally strong financial business.

BetaShares NASDAQ 100 ETF (ASX: NDQ)

The BetaShares NASDAQ 100 ETF is another exchange traded fund that is popular with investors. This ETF aims to track the performance of the NASDAQ 100, which comprises 100 of the largest non-financial companies listed on Wall Street’s famous exchange.

Among the 100 companies you will find some of the biggest and most recognisable companies in the world. This includes Apple, Facebook, Netflix, Nvidia, and Starbucks.

BetaShares believes the fund is a good option for Australian investors due to its strong focus on the technology sector. It points out that this is a high-growth potential sector that is under-represented on the Australian share market.

More reading

• Zip and Creso Pharma were among the most traded shares on the ASX last week
• 3 great ASX tech shares to buy
• 2 ETFs for ASX tech investors to buy today
• 4 great ASX growth shares to buy
• 2 ETFs that are very popular with ASX investors

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 BETANASDAQ ETF UNITS. The Motley Fool Australia owns shares of and has recommended BetaShares Asia Technology Tigers ETF. The Motley Fool Australia has recommended BETANASDAQ ETF UNITS. 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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At first glance (indeed, at multiple glances), the concept of a ‘negative interest rate’ seems absurd. Who would want to issue a loan that costs the creditor money? It’s like going to the bank for a home loan, and the bank offering to pay you interest for the privilege of taking its money.

Before you get to carried away with the notion that a bank is about to pay you to build a property empire, it isn’t quite that simple. But the principle is the same here.

Negative interest rates actually aren’t an entirely new phenomenon, although it has accelerated in 2020 due to the coronavirus-induced global recession. We saw negative rates introduced across many countries over the past 10 years, including in Japan, Germany, Switzerland and Denmark. Now, these don’t usually result in banks offering negative interest rates on mortgages. But they do involve the governments of these countries issuing government bonds with a negative interest rate attached.

And now, Australia has reportedly joined this club.

Negative rates for days

According to reporting in the Australian Financial Review (AFR), our Federal Government has just been paid to borrow money for the first time ever. The AFR does note that the government has issued inflation-linked bonds before that came with a negative interest rate. But this week marked the first time that ‘normal’ Australian government bonds have followed suit.

According to the report, the government recently offered a $1.5 billion traunch of 3-month bonds (expiring 26 March). This offer was apparently oversubscribed. One large investor who purchased “at least” $1 million worth did so at a negative interest rate of -0.01%.

What does this mean for the future?

According to a separate report from The Sydney Morning Herald (SMH) last year, ‘unconventional policies’ like negative interest rates are “designed to coerce the banks to behave differently [by] lending and generating economic activity rather than being penalised and losing money by leaving the funds with the central bank”.

It may seem ridiculous to ordinary investors like us for any creditor to accept a negative interest rate. However, the SMH points out that many institutions around the world, such as banks, insurers and some pension funds, have no choice. This is because “their prudential regimes require them to hold a significant proportion of risk-free and low-risk assets”.

This could actually be somewhat beneficial to ASX investors though. The SMH report states that:

There are winners from ultra-low or negative rates. The search for returns in a low-rate environment forces investors into higher-risk assets, such as shares or property… Those without the means, or who were risk-averse, have been punished by the low-rate, low-growth environment since 2008.

More reading

• ASX 200 down 0.3%: CSL sinks, Zip’s Facebook deal, IGO rockets
• Why Eagers Automotive, IGO, Marley Spoon, & Zip shares are charging higher
• Cardinal Resources (ASX:CDV) share price rises on 3-way takeover deadlock
• Why the Asaleo (ASX:AHY) share price is up 26% in two days
• Why the oOh!Media (ASX:OML) share price is gaining today

Motley Fool contributor Sebastian Bowen 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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At lunch on Friday the S&P/ASX 200 Index (ASX: XJO) is on course to end the week on a disappointing note. The benchmark index is currently down 0.3% to 6,661.5 points.

Here’s what has been happening on the market today:

CSL terminates COVID-19 vaccine trial.

The CSL Limited (ASX: CSL) share price has come under pressure after announcing the termination of its COVID-19 vaccine trial. While the vaccine has shown that it elicits a robust response towards the virus and has a strong safety profile, it was also causing a false positive on a range of HIV assays. This was due to the molecular clamp component of the vaccine, which interferes with certain HIV diagnostic assays. This means significant changes would need to have been made to well-established HIV testing procedures to accommodate the rollout of this vaccine.

Zip signs deal with Facebook.

The Zip Co Ltd (ASX: Z1P) share price is edging higher on Friday after announcing a deal with social media giant Facebook. The deal will see the buy now pay later company allow Australian small to medium-sized businesses pay for their advertising on Facebook through its Zip Business platform. It notes that this will allow businesses to reach the millions of Australians now shopping online, drive sales, and invest in growth, without impacting their cash-flow.

Westpac annual general meeting.

The Westpac Banking Corp (ASX: WBC) share price is trading lower on the day of its annual general meeting. At the meeting, management discussed its performance in FY 2020 and its plans for the future. In respect to the latter, Westpac’s CEO, Peter King, commented: “We are working hard to resolve our issues and simplify the business. We are underway but have much more to do. As CEO, my role is to build sustainable long-term value for shareholders, and I am personally committed to see this through.”

Best and worst ASX 200 performers.

The best performer on the ASX 200 on Friday by some distance has been the IGO Ltd (ASX: IGO) share price with a 24% gain. Investors have been buying the nickel producer’s shares after it completed its institutional placement and entitlement offer. These funds will be used to acquire a 49% stake in Tianqi Lithium Energy Australia. The worst performer has been the Breville Group Ltd (ASX: BRG) share price with a 3.5% decline on no news.

More reading

• Why Eagers Automotive, IGO, Marley Spoon, & Zip shares are charging higher
• Westpac (ASX:WBC) share price lower on AGM update
• Aussie dollar breaking to new 30-month high will boost these ASX stocks
• Zip (ASX:Z1P) share price pushes higher on Facebook deal
• Why the IGO (ASX:IGO) share price shot up 18% in early trade today

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 CSL Ltd. and ZIPCOLTD FPO. 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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In late morning trade the S&P/ASX 200 Index (ASX: XJO) is on course to end the week with a decline. The benchmark index is currently down 0.4% to 6,656.3 points.

Four shares that have not let that hold them back are listed below. Here’s why they are charging higher:

Eagers Automotive Ltd (ASX: APE)

The Eagers Automotive share price has jumped 7% to $14.10 following the release of a market update. According to the release, the auto retailer is expecting to deliver underlying operating profit before tax of $195 million to $205 million for FY 2020. The high end of its guidance range is more than double FY 2019’s $100.4 million. This result includes the first full year of trading following the transformative merger with Automotive Holdings Group.

IGO Ltd (ASX: IGO)

The IGO share price has rocketed 24% higher to $6.31. Investors have been buying the nickel producer’s shares after it completed its institutional placement and entitlement offer. The company raised a total of $707 million at a 9.7% discount of $4.60. These funds will be used to acquire a 49% stake in Tianqi Lithium Energy Australia from China-listed Tianqi Lithium Corporation.

Marley Spoon AG (ASX: MMM)  

The Marley Spoon share price is up 4.5% to $2.59. The catalyst for this gain was an announcement by the subscription-based meal kit provider this morning. That announcement reveals that Marley Spoon is investing in a number of areas to support its growth. This includes a new Sydney manufacturing centre, research and development activities, and increased production capability in the United States.

Zip Co Ltd (ASX: Z1P)

The Zip share price is up almost 2% to $5.25 after announcing a deal with social media giant Facebook. According to the release, the buy now pay later provider will allow Australian small businesses to pay for their advertising on Facebook through its Zip Business platform. Management believes the partnership is the next exciting step in the development of Zip Business. This follows a recent agreement with eBay Australia.

More reading

• The Marley Spoon (ASX:MMM) share price is rising today. Here’s why.
• Zip (ASX:Z1P) share price pushes higher on Facebook deal
• Why the IGO (ASX:IGO) share price shot up 18% in early trade today
• Could this be why the Zip (ASX:Z1P) share price is underperforming?
• Broker upgrades the IGO (ASX:IGO) share price on game changing acquisition

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 ZIPCOLTD FPO. 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 Cardinal Resources Ltd (ASX: CDV) share price has risen by nearly 1% after the mining company announced one of the suitors in the three-way battle to take it over has upped the stakes.

Cardinal announced that Russia’s Nord Gold has now increased its offer to $1.05 per share, up from 90 cents previously. In early morning trading, the Cardinal share price has increased to $1.08 after closing yesterday’s session at $1.07.

Three-way deadlock

Cardinal has been pursued as a takeover target by three different companies, all with the same offer price of $1.05.

In June, Cardinal received a takeover bid from Hong Kong-based Shandong Gold at an offer price of 60 cents per share, valuing the company at around $300 million. The Chinese company, which is the second-largest gold producer in China, then increased its offer price for Cardinal to $1.00 per share in September, later increasing it again to $1.05 in November.

That higher offer was meant to outbid another interested party, Nord Gold, a Russian gold miner which had previously increased its own offer from 60 cents to 90 cents a share. Nord Gold has now also increased that offer price to $1.05 today.

Cardinal was also approached by another suitor in November, in the form of a Ghana-based company, Engineers & Planners Company Limited. That offer also stood at $1.05 per share.

Takeovers Panel

The deadlock seems to have complicated things a little.

Cardinal had earlier taken the issue to the federal government’s Takeover Panels to ask for a truce when Shandong and Nord Gold were at a stalemate price of $1.00 per share.

The issue was around a clause in the offer that stated “best and final offer in the absence of a higher competing offer”.

Cardinal argued that this clause is used to kill off rival bidders who matched the previous offer.

The Panel ruled that the last and final statement was not a misuse of the truth in the takeovers policy. It further advised that companies are allowed to subsequently increase their bids in a deadlock situation.

About the Cardinal Resources share price

Cardinal is a West African gold‐focused exploration and mining company that holds interests in tenements within Ghana, West Africa. The company is focused on the development of the Namdini Gold Project, and released its feasibility study on 28 October 2019. The study concluded the project had an ore reserve of approximately 5.1 million ounces.

The Cardinal share price has risen by 225% this year. It began the year at 32 cents before rising to today’s level. The company currently commands a market capitalisation of $575 million. 

More reading

• Cardinal Resources (ASX:CDV) share price lifts after third takeover bid

Motley Fool contributor Eddy Sunarto 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 Asaleo Care Ltd (ASX: AHY) share price has returned to trade this morning and is pushing higher again.

At the time of writing, the personal care products company’s shares are up 3% to $1.27.

This means the Asaleo Care share price is now up a sizeable 26% over the last two days.

Why is the Asaleo Care share price rocketing higher?

Investors have been scrambling to buy its shares after Asaleo Care became the latest company to receive an unsolicited takeover approach.

Last night the company confirmed that it received an unsolicited, indicative, conditional and non-binding proposal from the ultimate parent of its major shareholder, Essity Aktiebolag (Essity AB).

Essity AB is a global hygiene and health company, with its headquarters in Stockholm, Sweden.

According to the release, Essity AB has made a proposal to acquire all of the ordinary shares in Asaleo at a price of $1.26 per share in cash, less any dividends or distributions declared or paid.

The release also notes that Essity AB has reserved its right to terminate discussions and to withdraw the proposal, for any reason or for no reason, at any time prior to the execution of a binding implementation agreement.

An Essity AB subsidiary currently owns 36.2% of the issued share capital of Asaleo.

What now?

Management notes that the offer is subject to a number of conditions. This includes due diligence, a unanimous recommendation by the Asaleo independent directors, and certain regulatory and other approvals. The latter will include approval from the Foreign Investment Review Board.

Asaleo is obtaining advice from its financial and legal advisers but for now has advised shareholders to take no action in relation to the proposal.

It also feels the proposal of $1.26 per share reflects a low takeover premium to recent market prices and is highly opportunistic in timing. Particularly given how its full year outlook remains strong and its earnings are on track to hit the upper end of its guidance range.

It also notes that its balance sheet is strong and should put it in a position to pay a final dividend again in FY 2020.

The company will continue to update shareholders and the market, in accordance with its continuous disclosure obligations.

More reading

• Asaleo Care (ASX:AHY) share price shoots 22% higher following takeover bid
• Why Asaleo Care, Fortescue, Perpetual, & Starpharma shares are storming higher

Motley Fool contributor James Mickleboro 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 oOh!Media Ltd (ASX: OML) share price has surged 5.75% higher to $1.84 this morning, on the release if its business and 2020 financial year trading update.

After a horror first 3 months of the year, which saw oOh!Media’s share price crash by 81% between January and 30 March as coronavirus lockdowns saw demand for its outdoor advertising business dry up, the company has been steadily regaining ground.

Since the 30 March lows, the share price is up 200%. Year-to-date, shares remain down 42%. By comparison the S&P/ASX 200 Index (ASX: XJO) is up 2%.

What does oOh!Media do?

oOh!Media Ltd specialises in outdoor and public venue advertising and communications. The company operates in Australia and New Zealand. oOh!Media boasts an extensive network of ore than 37,000 digital and static advertising locations spanning road, rail, airports, retail centres, universities and office towers. The company owns digital media brands Junkee and Punkee as well as printing business, Cactus.

oOh!Media shares first began trading on the ASX in 2014.

What did oOh!Media report to send its shares higher?

In this morning’s trading update to the ASX, oOh!Media reported a strong recovery in its key Out of home’ audiences since the COVID-19 lockdowns have lifted. It stated that performance has been heading back towards 2019 levels in its biggest revenue and audience reach formats: Road, retail and street furniture.

On the back of rebounding revenues in the fourth quarter, the company is forecasting FY20 revenues of $420–430 million.

Having cut more than $15 million from its operating costs in the financial year, without including the JobKeeper savings, net debt is expected to in the range of $120–130 million as at 31 December.

oOh!Media reported its third quarter revenues were 43% lower than Q3 2019, while it expects its fourth quarter revenues to be 28–34% lower than the same quarter last year.

Commenting on the company’s continuing recovery from the pandemic slowdown, oOh! CEO Brendon Cook, said:

As the market leader in Out of Home across Australia and New Zealand, oOh! is well positioned to leverage the ongoing recovery in audience growth and advertiser sentiment which is becoming increasingly evident.

While Out of Home was clearly the most impacted media during the COVID-19 period from March to September, it is rebounding strongly. Our strategy remains focused on capitalising on the positive key structural drivers of growth in Out of Home and leveraging our diverse product portfolio, backed by data, to deliver results for advertisers.

We are proud of the role we have played during COVID-19, with our assets used to convey public health messaging across the country, helping keep Australians informed.

As travel restrictions continue to ease, the oOh!Media share price will be one to keep an eye on.

More reading

• Why the Syrah (ASX:SYR) share price is sinking 10% lower today
• This is when ASX airport shares will take off
• The Marley Spoon (ASX:MMM) share price is rising today. Here’s why.
• Westpac (ASX:WBC) share price lower on AGM update
• Why the Plenti (ASX:PLT) share price is edging higher today

Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. The Motley Fool Australia has recommended oOh!Media 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 Syrah Resources Ltd (ASX: SYR) share price has returned from its trading halt and tumbled lower on Friday.

In early trade the graphite producer’s shares have fallen 10.5% to 91 cents.

Why is the Syrah share price sinking lower?

The Syrah share price has come under pressure today after completing a fully underwritten placement.

According to the release, Syrah has raised approximately $56 million (US$42 million) through a placement of 62.2 million new shares to professional and sophisticated investors.

These funds were raised at a price of 90 cents per new share, which represents an 11.3% discount to its last close price.

The company will now push ahead with its plan to raise a further $12 million (US$9 million) via a non-underwritten share purchase plan.

It will also now seek shareholder approval for a $56 million (US$42 million) convertible notes issue to AustralianSuper.

Why is Syrah raising funds?

A portion of the proceeds will be used to progress the company’s natural graphite Active Anode Material (AAM) facility in the United States towards a final investment decision for the construction of a 10ktpa AAM plant.

A recent Bankable Feasibility Study confirmed a strong business case for natural AAM production at the facility. Its completion also allowed discussions for project development to progress with potential offtake partners and financiers.

In addition to this, further proceeds will provide additional liquidity to manage a restart decision at Balama Graphite Project in Mozambique. This will put the company in a position to potentially benefit from the burgeoning electric vehicle market.

Syrah’s Managing Director and CEO, Shaun Verner, explained: “We are extremely pleased with the strong level of support that Syrah has received for this Placement. The Company is now in a robust financial position to progress the Vidalia Battery Anode Material Project towards a final investment decision, with additional liquidity to manage a Balama restart decision in an orderly manner in line with market conditions.”

“The lithium ion battery sector continues to advance at a rapid rate and creates substantial opportunity for Syrah – with delivery of our objectives for Vidalia and Balama we will be well placed to maximise this opportunity for the benefit of our shareholders,” he concluded.

More reading

• Why the Syrah Resources (ASX:SYR) share price is in a trading halt
• Here’s why the Syrah (ASX:SYR) share price jumped to a 52-week high today

Motley Fool contributor James Mickleboro 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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There’s been much talk about travel shares like Webjet Limited (ASX: WEB) and Flight Centre Travel Group Ltd (ASX: FLT) making a roaring comeback.

But what about those poor airports? COVID-19 completely killed off flying and devastated these usually reliable infrastructure shares.

The Sydney Airport Holdings Pty Ltd (ASX: SYD) share price is still down 25% compared to January, and Auckland International Airport Limited (ASX: AIA) is negative 13% for the same interval.

Interstate borders have now almost completely reopened, and there is some hope for international travel with multiple vaccines in the pipeline.

So is it worth holding airport shares in anticipation of a looming revival?

Unfortunately, you’ll need to be very patient. According to S&P Global Ratings, a decent pickup won’t take place for a while.

“We expect a firm recovery won’t start until at least late 2021 for ANZ airports given international travel remains elusive,” S&P Global Ratings lead credit analyst Parvathy Iyer said. 

She added that third waves of the current coronavirus in the northern hemisphere are not helping.

“Fiscal 2021 will be weaker than our previous expectations for most airports given recent setbacks.”

Where are airports at now?

New Zealand airports are ahead of the game, while a resuscitation in Australian airports has been held back by bickering over state border closures.

Kiwi domestic travel is now back up to 60% of pre-COVID levels, according to S&P Global Ratings, while Australia is up to about 40% to 50%.

But a proper recovery can’t take place until airlines and governments figure out a way to reopen international travel.

“A meaningful and steady recovery of international traffic in fiscal 2022 and beyond will be important for airports’ balance sheets,” Iyer said.

Qantas Airways Limited (ASX: QAN) chief Alan Joyce suggested last month that the airline would make COVID-19 vaccination compulsory for passengers in order to safely revive international flights.

“Talking to my colleagues in other airlines around the globe, I think it’s going to be a common theme,” he told television show A Current Affair.

“What we’re looking at is how you can have a vaccination passport, an electronic version of it, that certifies what the vaccine is. Is it acceptable to the country that you’re travelling to?”

More reading

• Why this broker thinks it’s time to buy Qantas (ASX:QAN) shares
• Qantas faces union in court over 2,000 sackings
• Leading brokers name 3 ASX shares to sell today
• Zip and Creso Pharma were among the most traded shares on the ASX last week
• Will the Qantas (ASX:QAN) share price go higher with reopened borders?

Motley Fool contributor Tony Yoo owns shares of Qantas Airways Limited, Sydney Airport Holdings Limited, and Webjet Ltd. The Motley Fool Australia owns shares of and has recommended Webjet Ltd. 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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