Jun.28 — Danielle DiMartino Booth, former adviser to Dallas Fed President, discusses the recovery of the U.S. economy despite rising numbers of coronavirus cases. She speaks on “Bloomberg Markets: China Open.”
from Yahoo Finance https://ift.tt/3iltvtE
If you’re wanting to add a little exposure to international markets to your portfolio, then the simplest way to do this is by investing in exchange traded funds (ETFs).
This is because there are ETFs out there that give investors access to whole indices, sectors, themes, and countries.
Two which I think are good options for investors wanting to invest in international shares are listed below:
The BetaShares Asia Technology Tigers ETF could be a great option for investors looking for exposure to the Asian market. This ETF aims to track the performance of an index comprising the 50 largest technology and ecommerce shares in Asia (excluding Japan). This includes the likes of Alibaba, Tencent, Baidu, and JD.com.
BetaShares notes that the ETF provides investors with diversified exposure to a high-growth sector that is under-represented in the Australian share market. Given how these companies are rapidly changing the lives of billions of people in the region, I believe the fund is well-placed to generate strong returns over the next decade and beyond.
But if you’re more interested in gaining exposure to the U.S. share market, then you might want to consider the BetaShares NASDAQ 100 ETF. This fund gives investors access to the 100 largest non-financial shares on the famous NASDAQ index. This means investors will be buying a piece of household names such as Amazon, Apple, Facebook, Netflix, and Starbucks through just a single investment.
Given the positive long term outlooks of many of the companies on the index, I believe the BetaShares NASDAQ 100 ETF could provide stronger returns than the ASX 200 over the next decade. This has certainly been the case over the last five years, with the ETF generating an average return of 20.54% per annum.
3 “Double Down” Stocks To Ride The Bull Market
Motley Fool resident tech stock expert Dr. Anirban Mahanti has stumbled upon three under-the-radar stock picks he believes could be some of the greatest discoveries of his investing career.
He’s so confident in their future prospects that he has issued “double down” buy alerts on each of these three stocks to members of his Motley Fool Extreme Opportunities stock picking service.
*Extreme Opportunities returns as of June 5th 2020
More reading
Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended BETANASDAQ ETF UNITS and BetaShares Asia Technology Tigers ETF. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
The post Here are 2 easy ways to invest in quality international shares on the ASX appeared first on Motley Fool Australia.
from Motley Fool Australia https://ift.tt/2BKagJt
With so many shares to choose from on the ASX, it can be hard to decide which ones to buy.
The good news is that brokers across the country are doing a lot of the hard work for you.
Three top shares that leading brokers have named as buys this week are listed below. Here’s why they are bullish on them:
According to a note out of Goldman Sachs, its analysts have upgraded this ecommerce company’s shares to a buy rating with a $2.35 price target. The broker made the move after Redbubble’s very strong trading update led to a revision to its estimates. Goldman has lifted its EBITDA estimates materially over the next couple of years to reflect higher revenues and lower customer acquisition costs. I think Goldman Sachs makes some good points and Redbubble could be worth a closer look.
Analysts at Citi have upgraded this pharmacy chain operator and wholesaler’s shares to a buy rating with a 75 cents price target. The broker has been looking at the industry following the announcement of the new Community Pharmacy Agreement. This agreement aims to improve patient choice and health literacy about access to medicines through community pharmacies. Citi appears to have seen enough positives in it to upgrade Sigma’s shares. I’m not a big fan of Sigma, but it could be worth a closer look following this agreement.
A note out of UBS reveals that its analysts have retained their buy rating and $14.80 price target on this wine company’s shares. Although the broker’s research indicates that Treasury Wine is continuing to lose market share in the United States, it feels investors should be focusing on the future. It sees a lot of value in its shares given its strong balance sheet, the restructure of the Americas business, and the potential spin off of the Penfolds business. I agree with UBS and feel Treasury Wine would be a good buy and hold option.
We hear it over and over from investors, “I wish I had bought Altium or Afterpay when they were first recommended by The Motley Fool. I’d be sitting on a gold mine!” And it’s true.
And while Altium and Afterpay have had a good run, we think these 5 other stocks are screaming buys. And you can buy them now for less than $5 a share!
*Extreme Opportunities returns as of June 5th 2020
More reading
Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Treasury Wine Estates Limited. The Motley Fool Australia has recommended REDBUBBLE FPO. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
The post Leading brokers name 3 ASX shares to buy right now appeared first on Motley Fool Australia.
from Motley Fool Australia https://ift.tt/3iahlU5
The JB Hi-Fi Limited (ASX: JBH) is bucking the sharp market sell-off as a broker survey finds it to be COVID-19 resistant. And it isn’t the only one either.
Shares in the electronics retailer jumped 1.3% to $42.80 in morning trade when the S&P/ASX 200 Index (Index:^AXJO) tumbled 1.3%.
Worries about a second wave of coronavirus infections are gripping global markets, but investors should stand ready to back ASX shares that are well placed to benefit from the crisis.
JP Morgan undertook a survey of 500 consumers to test some of its assumptions about the winners and losers from the pandemic – and some of the results were surprising.
“The COVID-19 pandemic and its lingering aftereffects look all but certain to fundamentally change how we work, consume, travel, interact and socialise,” said the broker.
“These tectonic shifts will have deep and far-reaching implications for a range of sectors and industries, with many likely to endure permanent structural change.”
The respondents to the survey were chosen across age, gender and employment status. This is to ensure they represented Australia’s demographic distribution.
The results throw into doubt JP Morgan’s belief that investors should be underweight on consumer discretionary stocks and neutral on consumer staples during the crisis.
“Consumers expect to shop online for food more post-COVID-19, yet surprisingly intend to also eat out more frequently,” said JP Morgan.
“We had expected a result showing food retail gaining share from cafes and restaurants.”
This feedback holds mixed implications for the broker’s “overweight” recommendation on Coles Group Ltd (ASX: COL) and Metcash Limited (ASX: MTS).
Another surprise from the survey was consumer attitudes towards shopping malls. The surge in online sales from stuck-at-home consumers is a major risk factor for ASX-listed retail landlords.
“Somewhat surprisingly, only a small [number] of people expect to visit shopping centres less post-COVID-19 than more, with the average visitation also expected to be down only slightly,” added JP Morgan.
“We view this as positive for retail landlords, as we had expected a more dramatic shift given how they are priced.”
I still hold a negative view to the sector as visitations don’t necessarily equate to sales, but JP Morgan’s top pick here is GPT Group (ASX: GPT).
Another interesting finding was that nearly half of respondents expected to fly less even after state and international border restrictions are eased.
Further, 68% said they won’t fly internationally until a vaccine is found. This means driving holidays may be entering a renaissance period, and the stocks on the broker’s buy list that are leveraged to this are petrol stations Viva Energy Group Ltd (ASX: VEA) and Ampol Ltd (ASX: ALD).
On the flipside, the survey shows why the path to recovery for Sydney Airport Holdings Pty Ltd (ASX: SYD) and Qantas Airways Limited (ASX: QAN) may take longer to eventuate.
Finally, the work-from-home culture that’s incubated during the pandemic is likely to continue to be a tailwind for JB Hi-Fi.
Around 45% of respondents intended to increase their spending on technology and JP Morgan is recommending investors buy this stock.
3 “Double Down” Stocks To Ride The Bull Market
Motley Fool resident tech stock expert Dr. Anirban Mahanti has stumbled upon three under-the-radar stock picks he believes could be some of the greatest discoveries of his investing career.
He’s so confident in their future prospects that he has issued “double down” buy alerts on each of these three stocks to members of his Motley Fool Extreme Opportunities stock picking service.
*Extreme Opportunities returns as of June 5th 2020
More reading
Motley Fool contributor Brendon Lau has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
The post Broker survey points to more upside for JB Hi-Fi and these ASX stocks appeared first on Motley Fool Australia.
from Motley Fool Australia https://ift.tt/2Zh8VBY
from Yahoo Finance https://ift.tt/31pR6TR
This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.
This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.
The stock market has been on a wild ride lately, and investors aren’t enjoying it. In fact, a Gallup poll taken at the end of April 2020 revealed just 21% of people think stocks or mutual funds are the best long-term investment. This was the lowest level since 2012. And that was well before it was announced that the country had officially entered a recession.
If you’re concerned about buying stocks now, you aren’t alone. But you may also be making a big mistake as a recession is as good a time to invest as any — or perhaps an even better one.
Don’t take my word for it either. Heed the advice of the Oracle of Omaha, as Warren Buffett, one of the world’s best investors, has a lot to say about investing in troubled times. Here are some pearls of wisdom to take to heart.
More than half of all Americans fear the market hasn’t hit bottom yet. If you’re one of them, you shouldn’t let fear prevent you from putting your money in.
As Buffett explained, when most people are fearful, it’s a good opportunity to purchase shares of stock at low prices. And who doesn’t want to buy low and sell high?
While the market has largely recovered from the coronavirus-driven crash in March, another correction is inevitable as many investors are still overvaluing stocks because they aren’t taking into account the full economic impact COVID-19 could have throughout the summer and fall.
If the market ends up crashing again, you may be tempted to sit on the sidelines and wait until the bad times have passed. Instead, heed Buffett’s advice about the opportunity to invest on the downswing and take the chance to get your money in to score even deeper discounts.
A quick glance at the news shows that commentators aren’t very hopeful about the future. And with the country in a recession, coronavirus cases rising, and justifiable fear of a second wave, you won’t get much reassurance right now.
But according to Buffett, that’s a good thing because you won’t be paying a high price for words that mean nothing in the end since, after all, no one can predict what’s coming.
Americans may be wary of stocks because they’re worried about the risk of loss — and March’s market crash didn’t help allay their fears. But, as Buffett points out, putting your money into the market really only carries big risks if you don’t know how to do it right.
Of course, any investment could lose money. But if you know how to pick solid companies to invest in (or you invest in index funds that track the market’s performance) and you build a diversified portfolio, the most likely outcome based on decades of historical data is that you’ll earn a reasonable return overall, over time.
This doesn’t mean no investments will perform poorly, and it doesn’t even mean that you won’t have bad years. But it does mean that when you take the time to learn how to invest, you invest for the long term, and as you make informed decisions in building a diversified portfolio, you reduce your risk — even if you’re investing in a recession.
Of course, on the flip side, if you think you can invest your money during the downturn and make a quick buck without taking the time to learn the fundamentals of sound investing, you could be setting yourself up for disaster.
There’s plenty of reason for doom and gloom during the 2020 recession, but anticipating bad times does little to help you survive them.
Instead, follow Buffett’s wise words and take the time to build your ark. You can do this by developing a solid investment strategy, researching and picking stocks you’ll be happy holding for a while, and making sure you’ve taken the steps needed to recession-proof your finances.
Recessions almost always present buying opportunities, but this one is unique because it wasn’t driven by natural economic cycles but rather by a black swan event. If effective treatments are developed for coronavirus or a vaccine comes along sooner than expected, economic recovery may be swift.
Don’t miss out on the chance to invest when things look bleak — as long as you do it wisely. Otherwise, you could very well come to regret it.
This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.
We hear it over and over from investors, “I wish I had bought Altium or Afterpay when they were first recommended by The Motley Fool. I’d be sitting on a gold mine!” And it’s true.
And while Altium and Afterpay have had a good run, we think these 5 other stocks are screaming buys. And you can buy them now for less than $5 a share!
*Extreme Opportunities returns as of June 5th 2020
More reading
Christy Bieber has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
The post Worried about investing in a recession? Take this advice from Warren Buffett appeared first on Motley Fool Australia.
This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.
from Motley Fool Australia https://ift.tt/38dITng
from Yahoo Finance https://ift.tt/31kyAMH
At lunch on Monday the S&P/ASX 200 Index (ASX: XJO) is on course to start the week on a disappointing note. The benchmark index is currently down 1.15% to 5,836 points.
Here’s what is happening on the market today:
The big four banks have taken a tumble on Monday and are acting as a major drag on the ASX 200’s performance. All four banks are trading notably lower, but the National Australia Bank Ltd (ASX: NAB) share price is the worst performer in the group. NAB’s shares are nursing a 2.6% decline at the time of writing.
The Fisher & Paykel Healthcare Corp Ltd (ASX: FPH) share price is racing higher on Monday after the release of a strong full year result. In FY 2020, the medical device company delivered an 18% increase in operating revenue to NZ$1.26 billion and a 37% jump in net profit after tax to NZ$287.3 million. This was ahead of its upgraded guidance. Further growth has been forecast for FY 2021, thanks largely to its Hospital products segment.
Concerns over a spike in coronavirus cases in Victoria and the impact this could have on the domestic travel market appear to be weighing heavily on travel shares on Monday. The likes of Flight Centre Travel Group Ltd (ASX: FLT), Qantas Airways Limited (ASX: QAN), and Webjet Limited (ASX: WEB) have all fallen heavily today.
The best performer on the ASX 200 on Monday has been the Fisher & Paykel Healthcare share price with a gain of 5%. Investors appear pleased with its record full year result and guidance for FY 2021. The worst performer on the index has been the Flight Centre share price with a decline of over 6%. Qantas isn’t far behind with a sizeable 5.5% decline of its own.
3 “Double Down” Stocks To Ride The Bull Market
Motley Fool resident tech stock expert Dr. Anirban Mahanti has stumbled upon three under-the-radar stock picks he believes could be some of the greatest discoveries of his investing career.
He’s so confident in their future prospects that he has issued “double down” buy alerts on each of these three stocks to members of his Motley Fool Extreme Opportunities stock picking service.
*Extreme Opportunities returns as of June 5th 2020
More reading
Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Webjet Ltd. The Motley Fool Australia has recommended Flight Centre Travel Group Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
The post ASX 200 drops 1.15%: Fisher & Paykel Healthcare impresses, big four banks tumble appeared first on Motley Fool Australia.
from Motley Fool Australia https://ift.tt/2YE7gal
from Yahoo Finance https://ift.tt/3eIYsFI
In late morning trade the S&P/ASX 200 Index (ASX: XJO) is following the lead of U.S. markets and tumbling notably lower. At the time of writing the benchmark index is down 1.35% to 5,824.3 points.
Four shares that have not let that hold them back today are listed below. Here’s why they are charging higher:
The De Grey Mining Limited (ASX: DEG) share price has continued its sensational run and is up over 3% to 92.2 cents. The gold-focused mineral exploration company’s shares have been on fire this year thanks to some impressive drilling results from the Hemi prospect. These results appear to indicate that the company is sitting atop a major resources.
The Fisher & Paykel Healthcare Corp Ltd (ASX: FPH) share price has climbed almost 5% to $31.03. Investors have been buying the medical device company’s shares after the release of its full year results. For the 12 months ended 31 March 2020, the company delivered an 18% lift in operating revenue to NZ$1.26 billion and a 37% jump in net profit after tax to NZ$287.3 million. Further growth has been forecast for FY 2021, thanks largely to its Hospital products segment.
The Perseus Mining Limited (ASX: PRU) share price is up over 3.5% to $1.27. Investors have been buying the gold miner’s shares after the price of the precious metal jumped higher on Friday night. Investors were buying gold after a spike in coronavirus cases led to increased demand for safe haven assets. The S&P/ASX All Ordinaries Gold index is up 1.8% at the time of writing.
The Polynovo Ltd (ASX: PNV) share price has stormed over 4.5% higher to $2.64. This is despite there being no news out of the medical device company. However, as I mentioned here last week, one leading fund manager believes that PolyNovo’s shares are undervalued at the current level. This could have given them a boost today.
3 “Double Down” Stocks To Ride The Bull Market
Motley Fool resident tech stock expert Dr. Anirban Mahanti has stumbled upon three under-the-radar stock picks he believes could be some of the greatest discoveries of his investing career.
He’s so confident in their future prospects that he has issued “double down” buy alerts on each of these three stocks to members of his Motley Fool Extreme Opportunities stock picking service.
*Extreme Opportunities returns as of June 5th 2020
More reading
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 POLYNOVO FPO. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
The post Why De Grey, Fisher & Paykel Healthcare, Perseus, & PolyNovo shares are charging higher appeared first on Motley Fool Australia.
from Motley Fool Australia https://ift.tt/2BRAWaU