The Harvey Norman Holdings Limited (ASX: HVN) share price has fallen 16.44% in the past year. In contrast, the S&P/ASX200 Index (ASX: XJO) has dropped 9.35%. Despite underperforming, The Harvey Norman share price could represent good value when considering its long-term, international growth potential.

The group is a leading retailer in Australia with company operated stores and a franchise model. Additionally, Harvey Norman has a growing international presence in New Zealand, Ireland, Slovenia, Croatia, Singapore, and Malaysia.

Recent updates

Last month, Harvey Norman announced a profit increase of 20% from unaudited preliminary accounts for the period 1 July 2019 to 31 May 2020 compared to the prior corresponding period. However, this excludes the net impact of the accounting standard for leases and net property revaluation adjustments.

Additionally, Harvey Norman cancelled its 12-cent dividend in April this year. However, it did pay a 6-cent per share special dividend to shareholders last month. The cancellation and cut in dividend is a result of the company taking a conservative approach in view of the current economic environment.

Australian Franchisees experienced increased sales of 7.4% for the period 1 July 2019 to 31 May 2020. I believe this was assisted by government stimulus measures Jobkeeper, Jobseeker and early access to super.

Harvey Norman is scheduled to release its full year earnings on 28 August 2020.

International growth

According to Harvey Norman’s 1H FY20 half year report, there has been a 50% growth in its total overseas retail revenue and 345% growth in total overseas retail profit results over the last five years.

Malaysia appears to be a major growth driver for the company long term with the South East Asian country’s economy growing on average 5.4% per year since 2010. 

The international segment of Harvey Norman’s business has been impacted by closures in its overseas stores. However, the reduction in sales in local currencies was somewhat mitigated when converted into Australian dollars because of foreign exchange rates.

Foolish takeaway

Harvey Norman has experienced a lift in sales which has helped deliver a 20% lift in profit before adjustments. This is quite extraordinary considering that, in an economic downturn, consumer discretionary shares are usually hit hard. In my view, this has been a result of government intervention through stimulus measures leading to a strong rebound in retail sales.

Since the temporary closures of some Harvey Norman international stores for a period of time in FY20, most have re-opened to business as usual. This could assist a recovery in sales in the company’s international stores in FY21. Additionally, an investment in the Harvey Norman share price today could reward investors with appreciating value over the long term as the company benefits from its international expansion strategy. 

More reading

• How you can take advantage of the surging Australian dollar
• 3 ASX shares to buy before earnings season
• Breville share price surges as top broker reckons it’s worth $62 a share
• The difficulty of investing in shares right now
• How I’d build a $100,000 share portfolio with ASX ETFs

Motley Fool contributor Matthew Donald owns shares of Harvey Norman Holdings Ltd. 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.

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Equity markets have recovered well after dropping sharply in the month of March in the coronavirus-induced market crash. Since then, they have been climbing steadily even in the face of all the negative reports coming out regarding the state of the global economy.

This divergence between economic backdrop and the state of the market has had many people thinking that the market rise is not backed by fundamentals, and that a market crash might be round the corner again.

If the above thought, or a variation of it, has crossed your mind, then I have an old adage to share with you: It is not timing the market but time in the market that is important.

Trying to catch the top or the bottom of a volatile market is is what is being referred to here as ‘timing the market’. In my opinion, more money is likely lost in markets trying to catch absolute bottoms and tops than any other activity.

On the flip side, investing with a long-term horizon and patiently waiting through such volatile periods is what’s known as ‘time in the market’, and this is what generates wealth over time.

Can markets be ‘timed’?

Let’s ask some simple questions to help us answer this.

Can Mount Everest be climbed? Yes, and some people have indeed climbed it. 

Can you climb it? Potentially, but it would require some serious training and willpower to do so. 

Do training and willpower guarantee that you will reach the summit?’  Sadly, no. As mountaineers who have attempted the climb would say, ‘you do not climb Mount Everest, it lets you climb it’. Even with the best training under your belt, there is no guarantee that you will reach the summit. In fact, some of the best mountain climbers have died attempting Mount Everest, despite being at the top of their game.

In my opinion, you can think of timing the market as similar to climbing Mount Everest. It can be done, and some people indeed do manage to pull it off, but the activity is highly hazardous, and the odds are stacked heavily against us.

Thankfully, there are other ways to be successful when investing in the share market.

Time in the market

As investors, one of the biggest edges you have is your time horizon. When you buy shares with the aim of being invested for multiple years or even decades, the short-term noise of the ever-churning stock market matters much less.

As an ex-fund manager, I can tell you that most fund managers running large investment funds do not have this edge, because of the short-term performance pressures they face. And it is an edge they would give a lot to have.

A sound way to approach investing in equity markets is to select a few solid companies that you know about, make regular investments in them over time and then wait for market to do the work for you. Warren Buffett said this best: “The stock market is designed to transfer money from the active to the patient.” So, be patient and invest both money and time in the market.

So then when do I sell?

I believe that the act of selling shares is more complex and difficult than that of buying. When it comes to buying, your end objective is simple and straightforward – to generate wealth over time from surplus cash.

But your objectives for selling could be many. Perhaps you need to sell for emergency funds, or the termination of financial planning goals like paying for your children’s college. Perhaps a company’s performance isn’t turning out as expected, or individual stock investments have reached their market potential, or perhaps you’ve simply come across a better investment opportunity. And then there is the whole psychological aspect of selling, which deserves a full article dedicated to it some other day.

The key takeaway here is that being patient – or investing ‘time in the market’ – does not mean that you never look to sell. It means that you wait for the right reasons to sell, and not just because you’re trying to time the market and get out before a crash.

More reading

• Is the Harvey Norman share price good value?
• Got $10,000 to invest? I would buy these ASX shares
• Why the Zip share price is a better buy than Afterpay
• Why Audinate, Nearmap, Resolute, & TechnologyOne shares are tumbling lower
• ASX 200 up 0.4%: Banks lower, Newcrest impresses, Coca-Cola Amatil jumps

Motley Fool contributor Arpan Ranka 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.

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At present the Westpac Banking Corp (ASX: WBC) economic team is continuing to forecast the cash rate staying on hold at the record low of 0.25% until at least 2022.

I think there is a strong probability that this forecast will prove accurate, which means we will all have to brace for ultra-low rates staying around for some time to come.

In light of this, if you have $10,000 sitting in savings accounts and no immediate use for it, I would suggest you consider looking for superior returns in the share market.

But where should you invest these funds? Here are two top ASX shares that I would buy:

BetaShares Asia Technology Tigers ETF (ASX: ASIA)

I think investors ought to consider putting $10,000 into the BetaShares Asia Technology Tigers ETF. This exchange trade fund gives investors access to 50 of the most exciting technology companies in the Asian market (excluding Japan). These include search engine company Baidu, dominant ecommerce companies Alibaba and JD.com, electronics giant Samsung, and WeChat owner Tencent Holdings. The latter is also a major Afterpay Ltd (ASX: APT) shareholder.

As these companies are revolutionising the lives of billions of people in the region, I believe they are exceptionally well-placed for growth in the 2020s. In light of this, I feel very confident the BetaShares Asia Technology Tigers ETF will outperform the ASX 200 index for the foreseeable future.

Nearmap Ltd (ASX: NEA)

Another top option for a $10,000 investment could be Nearmap. It is a leading aerial imagery technology and location data company. In May the company released a market update which revealed that its annualised contract value (ACV) had hit $102 million financial year to date. This means it is on course to comfortably achieve its FY 2020 ACV guidance of $103 million to $107 million. 

The good news is that this is still only scratching at the surface of its current market opportunity. Management estimates this to be worth $2.9 billion per year at present. Given the quality of its technology and the highly fragmented market that it operates in, I believe it is well-placed to capture a big slice of this market. This could put the Nearmap share price in a position to generate strong returns for investors over the 2020s.

More reading

• Why Audinate, Nearmap, Resolute, & TechnologyOne shares are tumbling lower
• ASX 200 up 0.4%: Banks lower, Newcrest impresses, Coca-Cola Amatil jumps
• 3 quality ETFs I would be adding to my ASX portfolio
• Why Nearmap and 2 other ASX tech shares are surging higher today
• ASX 200 jumps 1.15%: BHP Q4 update, tech shares rocket higher

James Mickleboro owns shares of Westpac Banking. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of Nearmap Ltd. The Motley Fool Australia owns shares of and has recommended BetaShares Asia Technology Tigers ETF. The Motley Fool Australia owns shares of AFTERPAY T FPO. The Motley Fool Australia has recommended Nearmap Ltd. 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.

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Investors have recently watched the Afterpay Ltd (ASX: APT) and Zip Co Ltd (ASX: Z1P) share prices soar to the moon. For many investors, they want to be a part of such compelling growth stories and potential capital gains. When trying to compare Afterpay and Zip, it can be challenging to differentiate the two companies with both having similar business models, products and reporting metrics. As the buy now, pay later (BNPL) sector continues to heat up, here is why I believe the Zip share price represents a better opportunity than Afterpay. 

Why I believe the Zip share price is a good buy

1. Zip metrics not that far behind Afterpay

Afterpay boasts a market capitalisation of $20 billion. This makes it as valuable as companies such as Coles Group Ltd (ASX: COL), Woodside Petroleum Limited (ASX: WPL) and Brambles Limited (ASX: BXB). On the flip side, Zip Co has a market capitalisation of just $2.6 billion. 

Despite Afterpay being valued at nearly eight times more than Zip, Zip does not trail eight times behind its larger rival in terms of financial and operational performance. In Zip’s Q4 update, the company processed $570.7 million of sales with 2.1 million active customers and 24,500 active merchants. For the same time period, Afterpay delivered $3.8 billion in sales with 9.9 million active customers and 55,400 merchants.

Whilst these figures might suggest quite a contrast between the two BNPL rivals, it’s worth noting that Zip’s current reporting only takes into consideration its performance in Australia and New Zealand. Post completion of its acquisition of QuadPay, Zip will emerge as a global BNPL player, operating across five key markets in Australia, New Zealand, the United States, the United Kingdom and South Africa. This will bolster its performance metrics with pro-forma annualised transaction volume of $3.2 billion, annualised revenue of $252 million and more than 3.9 million customers. 

2. Transformational acquisition to level playing field  

The biggest market for all BNPL players is the giant $5 trillion US retail market. QuadPay represents an invaluable acquisition that provides Zip with much needed exposure to the US market. QuadPay has already demonstrated accelerating growth with more than 1.5 million customers on its platform and 3,500 merchants. This acquisition also brought about a unique, shop anywhere app which enables customers to pay in instalments in store or online at any merchant. 

QuadPay continues to deliver significant growth, processing over 1.4 million transactions in Q4, an increase of 982% on the same period in FY19. This delivered a total transaction value of US$163 million for the quarter, up 9% QoQ and up 800% YoY.

Foolish takeaway

I believe the Zip share price represents a better buy than Afterpay given its valuation and value proposition. The Afterpay share price has also had a significant run up which makes it challenging to buy from a risk/reward perspective. While both companies are arguably the most exciting recent growth stories in the Australian sharemarket, my money would be with the Zip share price. 

More reading

• Warning: Investors are betting against these 3 ASX shares
• Are ASX tech shares in a bubble?
• Kanye West – ASX shares for his US presidential campaign
• ASX 200 drops 1.1%: Big four banks fall, Resolute rockets, Afterpay tumbles
• Why Afterpay, BHP, Cann, & Mesoblast shares are tumbling lower

Lina Lim 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 owns shares of AFTERPAY T 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.

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In early afternoon trade the S&P/ASX 200 Index (ASX: XJO) has followed the lead of U.S. markets and is pushing higher. At the time of writing the benchmark index is up 0.25% to 6,091 points.

Four shares that have failed to follow the market higher today are listed below. Here’s why they are tumbling lower:

The Audinate Group Ltd (ASX: AD8) share price is down 6% to $5.35. This follows the completion of its institutional placement this morning which raised $28 million. These funds were raised at $5.15 per share, representing a 9.5% discount to its last close price. These funds will strengthen its balance sheet and allow for increased investment in engineering, R&D capabilities, and business infrastructure. This is expected to extend Audinate’s market leading position in the audio networking space.

The Nearmap Ltd (ASX: NEA) share price is down almost 3% to $2.42 despite there being no news out of the aerial imagery technology and location data company. This decline may be due to profit taking after some strong gains earlier this week. For example, prior to today, Nearmap’s shares were up over 11% since the start of the week.

The Resolute Mining Limited (ASX: RSG) share price has fallen 2% to $1.37. The gold miner’s shares have tumbled lower today despite being upgraded by analysts at Macquarie. The broker has slapped an outperform rating on its shares and lifted the price target on them to $1.60.

The TechnologyOne Ltd (ASX: TNE) share price has fallen 1% to $8.57. This enterprise software company’s shares have been reasonably volatile in recent weeks after being the subject of a scathing research report. Hong Kong research firm GMT Research alleges that it is using accounting tricks to pull forward revenue and profits. TechnologyOne responded by advising that the claims GMT Research has made are false and misleading.

More reading

• Got $10,000 to invest? I would buy these ASX shares
• ASX 200 up 0.4%: Banks lower, Newcrest impresses, Coca-Cola Amatil jumps
• ASX 200 drops 1.3%, Resolute Mining soars
• Why Baby Bunting, Beach Energy, QBE, & Resolute shares are pushing higher
• ASX 200 drops 1.1%: Big four banks fall, Resolute rockets, Afterpay tumbles

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 AUDINATEGL FPO and Nearmap Ltd. The Motley Fool Australia has recommended AUDINATEGL FPO and Nearmap Ltd. 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.

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At lunch on Thursday the S&P/ASX 200 Index (ASX: XJO) has fought back from an early decline and surged higher. The benchmark index is currently up 0.4% to 6,097.4 points.

Here’s what is happening on the market today:

Bank shares drag on the market.

The big four banks are all dropping lower on Thursday and are acting as a drag on the market. The worst performer in the group is the Commonwealth Bank of Australia (ASX: CBA) share price with a 0.5% decline. One fund manager believes this share price weakness is a buying opportunity.

Newcrest impresses.

The Newcrest Mining Limited (ASX: NCM) share price is pushing higher on Thursday after delivering a stronger than expected fourth quarter update. For the three months ended 30 June 2020, Newcrest achieved group gold production of 573,000 ounces. This was a 7% increase on the prior quarter and above the consensus estimate of 542,000 ounces. The gold miner achieved this with a better than expected quarterly all-in sustaining cost (AISC) of US$878 per ounce.

Coca-Cola Amatil update.

The Coca-Cola Amatil Ltd (ASX: CCL) share price is storming higher today after investors responded very positively to the release of a trading update. According to the update, the beverage giant’s performance improved greatly during the month of June after COVID-19 restrictions eased. Coca-Cola Amatil revealed that monthly trading volumes across the group were down approximately 9% compared to June 2019. This was a big improvement on the previous months and resulted in a second quarter volume decline of approximately 23%.

Best and worst ASX 200 shares.

The best performer on the ASX 200 on Thursday has been the AP Eagers Ltd (ASX: APE) share price with a 6% gain. This is despite there being no news out of the auto retailer today. Going the other way, the worst performer is the Nearmap Ltd (ASX: NEA) share price with a 2.5% decline. This may be due to profit taking after some strong gains earlier this week.

More reading

• Got $10,000 to invest? I would buy these ASX shares
• Why Audinate, Nearmap, Resolute, & TechnologyOne shares are tumbling lower
• Why Coca-Cola Amatil, Newcrest, QBE, & Tabcorp shares are pushing higher
• Coca-Cola Amatil share price pushes higher on trading update
• Why this leading fundie thinks ASX bank shares are undervalued

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 has recommended Nearmap Ltd. 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.

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In late morning trade the S&P/ASX 200 Index (ASX: XJO) has fought back from an early decline and is pushing higher. At the time of writing the benchmark index is up 0.45% to 6,101.8 points.

Four shares that have climbed more than most today are listed below. Here’s why they are pushing higher:

The Coca-Cola Amatil Ltd (ASX: CCL) share price has jumped 5% to $8.93 after the release of a trading update. That update revealed that the beverage giant’s performance during the month of June improved greatly as COVID-19 restrictions eased. Trading volumes across the group in June were down approximately 9% compared to June 2019. This resulted in a second quarter 2020 volume decline of approximately 23% compared to the prior corresponding period.

The Newcrest Mining Limited (ASX: NCM) share price is up 2% to $34.85. This follows the release of the gold mining giant’s fourth quarter update. Newcrest delivered group gold production of 573,000 ounces during the fourth quarter, up 7% on the prior quarter. This was better than the consensus estimate of 542,000 ounces. Newcrest achieved this with a quarterly all-in sustaining cost (AISC) of US$878 per ounce. This was also better than expected.

The QBE Insurance Group Ltd (ASX: QBE) share price is up 4.5% to $10.28. This morning analysts at UBS retained their buy rating on this insurance giant’s shares and lifted the price target on them to $11.50. This follows an update on its first half expectations on Wednesday. UBS was pleased with its first half operating trends and notes that its gross written premiums grew by more than 10%.

The Tabcorp Holdings Limited (ASX: TAH) share price is up 5% to $3.63. This morning the gambling company announced its new chairman and the retirement of its chief executive officer. In respect to the former, Steven Gregg will succeed Paula Dwyer at the end of the year. As for the latter, the company’s current CEO, David Attenborough, intends to retire during the first half of calendar year 2021.

More reading

• Coca-Cola Amatil share price pushes higher on trading update
• Newcrest Mining share price on watch after strong Q4 update
• 5 things to watch on the ASX 200 on Thursday
• QBE share price rises despite expected half year loss
• Why Baby Bunting, Beach Energy, QBE, & Resolute shares are pushing 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. 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.

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If you have some spare cash to invest in ASX shares, I believe that both Vocus Group Ltd (ASX: VOC) and SEEK Limited (ASX: SEK) could be good options.

Here’s why both ASX shares are in my buy zone right now:

Vocus

Vocus may not be as well known as other Australian telcos such as Telstra Corporation Ltd (ASX: TLS), Optus and TPG Telecom Ltd (ASX: TPG). However, Vocus has proven to be one of Australia’s most successful and profitable telcos for over two decades now.

Over the years, Vocus has evolved to become a specialist fibre and network solutions provider. Vocus’ offerings include broadband, fibre, data centre services and Unified Communications. Previously only servicing the enterprise and corporate markets, Vocus now also services the retail sector as a result of mergers and acquisitions.

The company’s retail division has struggled in recent years, and this has led to some recent lackluster performance in the Vocus share price. Its share price has been trending sideways for over 3 years now. However, I believe its 3-year turn-around strategy is getting Vocus back on the right track. I feel Vocus is now well positioned for above average growth over the next few years. 

Seek

The financial performance, and in turn, the share price, of Australia’s leading online employment portal, Seek, tends to be highly correlated with overall conditions in the local employment market. When employment indicators take a turn for worse, the Seek share price is often impacted. This was clearly seen in the first phase of the coronavirus pandemic, with the Seek share price falling by around around 50% to $11.95 between mid-February and late March. Since then, the Seek share price has managed to regain most of those losses. However, with the local employment market still looking very rocky right now, I still see potential for Seek’s share price to climb higher in the next 6 to 12 months.

Equally as important over the longer term, I believe Seek remains a very solid company with strong growth prospects. While growth in Australia and New Zealand has slowed down, Seek holds a very dominant position in these markets and can take advantage of a growing population over the next decade, especially in Australia. On top of this, Seek will benefit from expansion of its smaller, but faster growing, overseas operations in Asia during the coming years.

Foolish takeaway

Both Vocus and Seek are two high quality ASX shares trading at prices that place them in my buy zone right now.

I believe both offer strong growth potential over the next decade.

More reading

• Why this leading fundie thinks ASX bank shares are undervalued
• 2 of the best ASX dividend shares to buy now
• TPG and 1 other quality ASX 200 share to buy right now
• 3 of the best ASX blue chip shares you can buy right now
• Why Morgans thinks the Afterpay share price could be a reporting season hero

Motley Fool contributor Phil Harpur owns shares of SEEK Limited. The Motley Fool Australia has recommended SEEK 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.

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The Megaport Ltd (ASX: MP1) share price is down by 3.04% so far today, despite providing a strong quarterly update to the market. At the time of writing, the Megaport share price is trading at $13.71 per share.

What does Megaport do?

Megaport offers a ‘network as a service’ to enterprises, enabling customers to increase or decrease their fixed broadband bandwidth. This enables them to ramp up their bandwidth requirements during busy times and reduce their usage when demand is lower.

This service is enabled via an ecosystem network of cloud providers, data centre operators, and network service providers. Megaport partners with cloud operators including Amazon Web Services, Google Cloud and Microsoft Azure. The company has a customer base across the Asia Pacific, Europe and North America.

Strong revenue growth continues

For the quarter ended June 2020, Megaport reported solid revenue growth of 12%, quarter on quarter, to total $17 million. Megaport’s year-on-year quarterly growth grew even more strongly, up by 66%.

Megaport’s recurring revenue base also continues to grow. The company’s monthly recurring revenue (MRR) totalled $5.7 million for the month of June. This was a year-on-year quarterly increase of 57%, and an increase of 4% on the previous quarter.

Megaport has a subscription-based billing model, which provides it with a sticky recurring revenue stream. It receives revenue from its network access points, as well as from the services that customers consume within its ecosystem.

Megaport also reported a strong quarter in terms of receipts from customers, which were up 44% on the prior quarter to $20 million. On a year-on-year basis, Megaport’s total customer base has now grown by 24% to reach 1,842.

Megaport also announced a strong cash position of $166.9 million at the end of June.

Megaport’s cloud ecosystem continues to grow

Megaport continues to grow the number of total installed data centres within its cloud ecosystem. Total installed data centres for Megaport has now have reached 366, which is 11% higher than last quarter, and 22% higher than the same quarter last year. The number of enabled data centres within its ecosystem also is growing strongly, up 11% on the prior quarter.

About the Megaport share price

Despite falling by 3.04% so far today, the Megaport share price has performed strongly over the past 12 months. During that time, the Megaport share price has risen by 85%, driven by strong revenue and customer growth. 

More reading

• Why I would buy Appen and these ASX tech shares right now
• 2 top ASX tech shares to buy right now
• Buy and hold these mid cap ASX shares for strong potential returns
• 5 of the worst performing ASX shares from last week
• ASX 200 Weekly Wrap: Blue chip shares pull ASX 200 back over 6,000 points

Phil Harpur owns shares of MEGAPORT FPO. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and recommends MEGAPORT FPO. The Motley Fool Australia has recommended MEGAPORT 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.

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