Tag: Motley Fool

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.

Warren Buffett has a lifetime of investing experience under his belt, and he’s justly earned the reputation as one of history’s greatest stock pickers. From 1965 through 2021, his company, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), posted an average annual return of 20.1% — absolutely trouncing the S&P 500 index’s 10.5% return across that stretch.

If you’ve got some spare cash just waiting to be put to use, taking some cues from the Oracle of Omaha could help you turn that money into a much larger sum. Read on for a look at two Buffett-backed stocks that look like surefire winners for long-term investors. 

1. Amazon

inflation and rising interest rates have caused investors to become much more cautious about growth stocks this year. Inflationary pressures have also led to rising costs for Amazon‘s (NASDAQ: AMZN) e-commerce business, and this headwind has coincided with the company making some massive infrastructure and technology investments that have hurt the company’s profitability.

Making matters worse, the big investments in the company’s e-commerce business have coincided with weaker demand as pandemic-related conditions have eased in many parts of the world.

With so many negative catalysts occurring in tandem, it’s not surprising that Amazon is down substantially this year. The tech giant’s share price is down roughly 20% so far in 2022 and 29% from the high that it hit last year. Despite big sell-offs, the drop-off in profitability has resulted in the company’s price-to-earnings (P/E) ratio skyrocketing. However, the stock still looks poised to be a big winner for long-term investors.  

AMZN PE Ratio data by YCharts

Amazon’s e-commerce business is going through growing pains, but the company’s moves to increase its scale and infrastructure advantages will likely wind up paying off. While the online retail business accounts for the large majority of the company’s revenue, it has relatively low margins; in fact, it doesn’t contribute nearly as much to overall earnings as Amazon Web Services (AWS), the company’s cloud infrastructure business — and that’s even when conditions are more favorable.

But warehouse and delivery automation stands to make the e-commerce business much more profitable over the long haul, and the trend could prove very rewarding for patient shareholders. 

In the meantime, investors can feel confident knowing that AWS is on track to continue serving up profitable growth. The segment posted 33% year-over-year sales growth and a 29% operating income margin in the second quarter, and the long-term demand outlook for cloud infrastructure services remains incredibly favorable. 

With leading positions in two promising industries and a fantastic track record when it comes to innovation and execution, Amazon is built for success. 

2. Berkshire Hathaway

Berkshire has scored big wins this year by investing in energy company Occidental Petroleum and video game publisher Activision Blizzard, Inc.(NASDAQ: ATVI), which is on track to be acquired by Microsoft Corporation (NASDAQ: MSFT). Buffett’s investment conglomerate has also outperformed the market in 2022 thanks to its value-oriented approach and focus on backing high-quality businesses.

Apple, Bank of America, Coca-Cola, Chevron, and American Express stand as the investment conglomerate’s five largest stock holdings, and investing in Berkshire Hathaway will give your portfolio exposure to these stocks, as well as the company’s fully owned insurance and energy businesses and other subsidiaries.

The company also has a massive cash pile to work with, too. As of its last filing, Berkshire had $105.4 billion in cash, and keeping a lot of money on the sidelines has proven to be a smart move due to turbulent trading for stocks this year. With the S&P 500 index down roughly 15% this year and the Nasdaq Composite index down roughly 25%, Buffett now has opportunities to go deal hunting for stocks and potential acquisitions.

News that Berkshire has invested in a stock often sends that company’s share price higher, and so owning a stake in the investment conglomerate gives you exposure to those companies before news of Buffett’s latest buys hits the wires. Berkshire’s market-crushing track record speaks to the quality of the management team, which includes Buffett, Vice Chairman Charlie Munger, and some younger blood who have come on board too — all working to grow your wealth. 

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

The post 2 unstoppable Warren Buffett stocks that can turn sitting cash into growing wealth appeared first on The Motley Fool Australia.

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John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Keith Noonan has positions in Activision Blizzard. The Motley Fool has positions in and recommends Activision Blizzard, Amazon, Berkshire Hathaway (B shares), and Microsoft. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Activision Blizzard and Microsoft. The Motley Fool Australia has recommended Activision Blizzard. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

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ASX copper shares are having a mixed day on the market today. Copper prices fell overnight, however Morgan Stanley has also improved its outlook on copper.

Copper miners on the ASX include OZ Minerals Limited (ASX: OZL), Sandfire Resources Ltd (ASX: SFR) and Copper Mounting Mining Corporation (ASX: C6C).

Other copper explorers include Chalice Mining Ltd (ASX: CHN), BHP Group Ltd (ASX: BHP) and Hot Chili Ltd (ASX: HCH)

Let’s take a look at what’s impacting ASX copper shares today.

Improved copper outlook

Morgan Stanley has improved its copper price prediction for the long term, The Australian reported today.

The broker has lifted its long-term copper outlook by 15% to US$7,540, according to the publication. Analysts said:

Our new bottom-up modelling suggests 2030 copper and aluminium demand could be 24 per cent and 26 per cent higher than current levels.

However, with investment in new supply lagging, we see larger deficits ahead, driving stronger medium-term prices.

Sandfire Resources shares are climbing 0.48% today, while BHP shares are lifting 1% and Chalice Mining shares are rising 0.47%.

However, Copper Mounting Mining shares are falling nearly 4%, while Hot Chili shares are down 3%. The OZ Minerals share price is 0.02% in the red at the time of writing.

Copper prices fell nearly 1% to US$7,803 per tonne overnight amid concerns inflation could drive up the US dollar, impacting commodities. WisdomTree analyst Nitesh Shah, in comments cited by mining.com, said:

If the US is raising rates faster than other countries, that will exert upward dollar pressure and all commodities priced in dollars will take a hit

The post What’s with ASX copper shares on Thursday? appeared first on The Motley Fool Australia.

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More reading

• Why a leading fund manager rates these 2 ASX 200 mining shares as buys
• ASX 200 shares dump $60 billion in horror session. Here’s how Wednesday unfolded
• ASX 200 mining shares stage significant rebound in afternoon trading
• Rio Tinto share price slides despite new $3bn iron ore project
• The BHP share price is tumbling today, but here’s why Macquarie is bullish

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

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Over the last few years, the Rio Tinto Limited (ASX: RIO) dividend has been among the most generous on the Australian share market.

The mining giant has been able to reward shareholders with bumper dividend payments thanks to its world class operations and favourable commodity prices.

For example, in FY 2021, Rio Tinto paid total dividends per share (including special dividends) of US$5.61. Based on current exchange rates, this equates to A$8.30 per share, which represents a sizeable fully franked 8.7% dividend yield today.

In FY 2022, the market is expecting a similarly generous dividend to be paid by the mining giant.

According to a note out of Goldman Sachs, its analysts expect the company to declare a final dividend of US$2.23 per share in February. This will bring its full year dividend to a fully franked US$4.90 per share or A$7.25 per share.

Based on the current Rio Tinto share price, this will mean a yield of 7.6% for investors for the 12 months.

What will the Rio Tinto dividend be in 2023?

The good news for investors is that Goldman Sachs is expecting the Rio Tinto dividend to increase in FY 2023.

It is forecasting a fully franked US$5.10 per share dividend for the period. At current exchange rates, this will mean a fully franked A$7.55 per share dividend for shareholders. This equates to another generous yield of 7.9%.

In addition, the broker sees decent upside ahead for the Rio Tinto share price. Goldman currently has a buy rating and $121.50 price target on the miner’s shares.

This suggests that the company’s shares could rise over 27% from current levels over the next 12 months. Add in the dividends during that time and you’re looking at a total potential return in the region of 35%.

The post How big will the Rio Tinto dividend be in 2023? appeared first on The Motley Fool Australia.

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More reading

• ASX 200 mining shares stage significant rebound in afternoon trading
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• Why did ASX 200 iron ore shares have such a strong end to the week?

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

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The market is bouncing back from a disastrous Wednesday and these ASX mining shares are helping it recover.

They’re lifting as much as 29% on Thursday. So, what’s helping to drive them higher? Let’s take a look.

3 ASX mining shares taking off on Thursday

Auroch Minerals Ltd (ASX: AOU)

The first ASX mining share going gangbusters today is nickel, copper, and lithium explorer Auroch Minerals.

Its stock is taking off on news of its 80%-owned Nevada Lithium Project.

Following a site visit by senior management, the company has put an experienced team including geologists, land management, and legal counsel in place to drive work at the project.

Meanwhile, a drilling program has been designed for the project and local contractors approached to run it.

The Auroch Minerals share price is surging 29.3% at the time of writing to trade at 7.5 cents.  

Caspin Resources Ltd (ASX: CPN)

Its fellow ASX mining share Caspin Resources is also taking off.

The mineral exploration company announced a major rhodium find at its Yarawindah Brook Project today.

Multiple holes at the project’s Serradella platinum group elements discovery have returned significant rhodium mineralisation, adding further value to the find.

A six-month drilling campaign is set to kick off at the discovery next month.

The news has sent the Caspin Resources share price soaring. The ASX mining share is trading 22.3% higher at 79.5 cents right now.

Latin Resources Ltd (ASX: LRS)

Finally, the Latin Resources share price is joining some of its ASX mining peers in the green today despite no price-sensitive news having been released by the company.

However, it did drop a presentation outlining an expected increase in demand for lithium over the coming years and the company’s plan to tap into the market.

The Latin Resources share price is trading at 12.5 cents right now, 8.7% higher than its previous close.

The post 3 ASX mining shares going bananas today appeared first on The Motley Fool Australia.

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

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The Coronado Global Resources Inc (ASX: CRN) share price is on a tear, trading well into the green from the open today.

At the time of writing, shares in metallurgical coal producer are swapping hands for $1.852 apiece, a jump of 9.26%.

Let’s check what’s going on.

What’s up with the Coronado Global share price?

Energy players, including Coronado, are surging today in a complete reversal of yesterday’s wipeout.

The S&P/ASX 200 Energy Index (ASX: XEJ) is currently up 3.87%, making it the top performing sector so far — well ahead of the second-placed financials, just 0.94% higher.

Buyers have been active on energy stocks today amid a higher US inflation print on Tuesday and continued upside from the coal price.

In fact, coal has been the major commodity darling this year – along with its buddy, lithium – having advanced more than 150% in the past 12 months to a new record high of $460/tonne two weeks ago.

The heavy buying activity has stemmed from a number of factors, including robust demand, consistent supply disruption (largely owing to the war in Ukraine), and other inflationary trends.

For Coronado, the price action in the coal markets has resulted in strong gains for the year to date, as seen below.

This, and other industry tailwinds, has caught the eye of analysts at Macquarie, with the broker retaining its outperform rating in a recent note.

Macquarie reckons Coronado is a good way to for investors to gain exposure to the coal segment, albeit without the risk of holding the underlying commodity itself.

It values Coronado Global at $3.50 a share, suggesting there’s more than 100% upside if the broker gets it right.

In the last 12 months, the Coronado share price has gained 42%.

The post Why is the Coronado share price leaping 9% on Thursday? appeared first on The Motley Fool Australia.

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

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The Beach Energy Ltd (ASX: BPT) share price is up 4.09% today. And it’s not just this company recovering well after yesterday’s bloodbath.

Investors may be pleased that ASX energy shares are engulfed in a sea of green this afternoon.

The S&P/ASX 200 Energy Index (ASX: XEJ) is up 3.82% around lunchtime on Thursday.

Meanwhile, many of Beach Energy’s peers are more buoyant than yesterday.

New Hope Corporation Limited (ASX: NHC) is up the most at a 5.46% gain, while Paladin Energy Ltd (ASX: PDN) and Viva Energy Group Ltd (ASX: VEA) are up 2.79% and 2.19%, respectively.

So why are energy shares rallying now after posting such a dismal result yesterday? Let’s investigate.

Citi upgrades Beach Energy price target, oil and gas outlook improves

Beach Energy’s share price target was upgraded this morning, as reported by The Australian.

Citi analyst Paul McTaggart bumped Beach Energy’s price target by 2% to $1.88. That gives an appreciable upside of 10.58% for the company’s shares at the time of writing.

McTaggart’s thesis on the upgrade for Beach and that of other energy shares comes amid a continuing energy crisis, with an escalation being Russia’s indefinite closing of the Nord Stream 1 gas pipeline on 2 September.

McTaggart said:

Due to fuel switching, impacts of high European natural gas and power prices have reverberated across the entire energy sector globally. Politically, Russia and the West could be in a tit-for-tat spiral that keeps Russian natural gas exports low. Weather also does not look to offer much relief to the market.

Meanwhile, the Department of Energy spokeswoman Charisma Troiano said it intends to replenish its Strategic Petroleum Reserve in the United States, but this won’t occur sometime after 2023, as the Australian Financial Review reports.

Troiano also said that the department’s speculated plans to buy oil once it reaches $80 per barrel are “inaccurate” and that there is no trigger price for the contract.

Troiano said:

The Department of Energy proposed an approach months ago to replenish the Strategic Petroleum Reserve, and that approach does not include any such trigger proposal. As we said then, we anticipate that replenishment would not occur until well into the future, likely after fiscal year 2023.

Beach Energy share price snapshot

Shares of the oil and gas exploration company currently trade for $1.72.

The Beach Energy share price is up 31% year to date. That’s much better than the performance of the S&P/ASX 200 Index (ASX: XJO), which is down 9.7% over the same period.

The company’s market capitalisation is $3.76 billion.

The post Why is the Beach Energy share price having such a stellar session? appeared first on The Motley Fool Australia.

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More reading

• 5 things to watch on the ASX 200 on Wednesday
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• 5 things to watch on the ASX 200 on Friday
• Here’s why ASX 200 energy shares are diving lower today

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

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A new frontier for banks has formed in recent years, one that blurs the line between banking and technology. Now, banking constituents of the S&P/ASX 200 Index (ASX: XJO) are all racing to tap into a younger demographic, one that demands digital prowess.

In the past, a bank might have persuaded customers with friendly service. However, in the modern era physical branches are becoming a thing of the past. Instead, people are opting for all their financial frivolities to be placed at their fingertips.

The insatiable appetite for zippy application approvals, swathes of data insights, and savvy tech tools have led ASX 200 banks into a new competitive tech landscape. So, how is this modern era of banking beginning to shake out?

Battle brewing between ASX 200 banks

Each of Australia’s big four major banks has been making an effort to cater to a more tech-oriented audience. However, the progress between each of the publicly-traded banks varies.

For instance, the Commonwealth Bank of Australia (ASX: CBA) is considered to be at the front of the pack. The largest bank in the country boasts a range of technology-centric offerings to its customers, including an AI-powered claims assessor; a buy now, pay later product (StepPay); smart EFTPOS terminals; and a comprehensive app.

In February, Commonwealth Bank announced plans to hire up to 150 technology specialists to further spearhead its campaign of tech innovation.

On the topic of hiring, in April, National Australia Bank Ltd (ASX: NAB) revealed its own intentions of hiring 1,500 specialists this year. At the time, the ASX 200 bank highlighted that approximately 60% of its applications were now hosted in the cloud.

More recently, a Westpac Banking Corp (ASX: WBC) executive described how the 205-year-old bank is keeping with the times. Westpac consumer and business banking chief executive, Chris de Bruin said:

I think it [mobile app] is a crucial battleground. The reason is simple. If you think about how we interact with our customers – we interact 30 times more with customers using digital assets than physical assets.

Furthermore, Westpac intends to roll out the ability to view and manage accounts with other banks directly in their app sometime in the future.

What about ANZ?

The smallest of the big four, Australia and New Zealand Banking Group Ltd (ASX: ANZ) is making moves of its own. As reported by The Motley Fool Australia previously, the ASX 200 bank share is focusing on tech to enable a return to growth for the business.

So far, ANZ Plus — a digitally revamped bank offering — has captured over $500 million in funds under management. Although, ANZ chair Paul O’Sullivan has made no secret that it hasn’t come without some teething issues.

For now, the battle rages on between ASX 200 bank shares. As interest rates continue to be ratcheted up, there will be a greater need for banks to distinguish themselves with more than competitive rates — that is, if they want to maintain their margins.

The post Which ASX 200 bank share will win the great tech battle? appeared first on The Motley Fool Australia.

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More reading

• CBA share price edges higher amid acquisition rumours
• Westpac share price lifts amid latest competitive push
• ASX 200 shares dump $60 billion in horror session. Here’s how Wednesday unfolded
• Why has the NAB share price tanked 3% today?
• Macquarie shares bear the brunt of bank sell-off amid inflation bomb

Motley Fool contributor Mitchell Lawler has positions in Commonwealth Bank of Australia. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Westpac Banking Corporation. 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 Lithium Energy Ltd (ASX: LEL) share price is charging higher on Thursday after returning from a trading halt.

In afternoon trade, the lithium explorer’s shares are up 14% to $1.37.

At one stage, the Lithium Energy share price was up as much as 19% to $1.43.

Why is the Lithium Energy share price charging higher?

Investors have been bidding the Lithium Energy share price higher today following the release of a positive announcement.

According to the release, the company has raised $15 million before costs through a heavily oversubscribed placement to new and existing institutional and sophisticated and professional investors.

These funds were raised at $1.00 per new share, which represents 16.7% discount to the Lithium Energy share price prior to its trading halt.

Why is Lithium Energy raising funds?

The proceeds from the capital raising will be used primarily to accelerate and potentially expand exploration activities at the Solaroz Lithium Brine Project in Argentina.

In addition, the proceeds will support the advancement of the Burke Graphite Project in Queensland and for general working capital purposes.

Management highlights that the highly prospective flagship Solaroz Lithium Brine Project is located in the heart of South America’s world-renowned Lithium Triangle. It counts Allkem Ltd (ASX: AKE) and Lithium Americas Corporation as neighbours.

Drilling activities have commenced and management is now using the funds raised to secure additional drilling rigs to accelerate the programme.

The post Here’s why Lithium Energy shares are shooting 14% higher today appeared first on The Motley Fool Australia.

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More reading

• Why is the Beach Energy share price having such a stellar session?
• Which ASX 200 bank share will win the great tech battle?
• $830 million sale: Is the iShares ASX 200 ETF a record holder now?
• Pilbara Minerals share price rebounds, wiping all of Wednesday’s losses
• Why a leading fund manager rates these 2 ASX 200 mining shares as buys

Motley Fool contributor James Mickleboro has positions in Allkem Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The iShares Core S&P/ASX 200 ETF (ASX: IOZ) has been rangebound today and currently trades less than 1% higher at $28.20 a share

This is around the same as the index the fund tracks. The benchmark S&P/ASX 200 Index (ASX: XJO) is also up less than 1% on the day so far, tracking 0.66% higher at the time of writing.

Big exit for one large player

Now reports have surfaced of what’s been labelled as the “single largest trade” of an exchange-traded fund (ETF) in the asset class’s history.

ASX trade data from August reveals that one institutional investor, a superannuation fund, sold down $830 million of its position in the ASX 200 ETF on 19 August, as reported by The Australian.

“It is understood the client held the ETF for several years before selling, with some suggestion the withdrawal proved the fund’s positive performance,” it wrote.

The trade has been the single largest on the ASX for an ETF and marks a large collection of cash for the super fund.

What this means for the super fund looking ahead, or where it intends to reallocate the capital, is unknown at this stage.

While there’s been a number of macro-variables plaguing the benchmark index in the new financial year, price action since the trade [shown via the red dashed line] has headed lower, as seen below.

The move is in contrast to net fund flows into Australian investment funds for the past month, with nearly US$1.2 billion in net inflows to ETFs during that time.

Meanwhile, the iShares Core S&P/ASX 200 ETF has lost around 9% in the past 12 months. As expected, it’s in line with the benchmark index’s near 8% drop over the same period.

The post $830 million sale: Is the iShares ASX 200 ETF a record holder now? appeared first on The Motley Fool Australia.

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

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The Pilbara Minerals Ltd (ASX: PLS) share price is making a comeback today.

After recording a 3.16% loss at Wednesday’s market close, shares in the emerging lithium producer are up 3.49% to $4.75.

This comes as the broader ASX recovers from yesterday’s nasty $60 billion sell-off following the latest inflation numbers from the US.

Let’s take a look at what’s driving Pilbara Minerals shares higher on Thursday.

Why is the Pilbara Minerals share price up and away today?

Despite the company not making any announcements today, investors are continuing to drive up the Pilbara Minerals share price.

The rampant demand for lithium has created a widening supply gap that lithium and battery metal producers can’t keep up with.

Evidently, this has led investors to buy up shares in Pilbara Minerals and other lithium companies.

A report by the IEA projects that demand will grow by more than 40 times over the next two decades. Furthermore, graphite, cobalt and nickel are expected to follow, with demand accelerating to about 20-25 times.

The price of lithium carbonate has rocketed 240% year-on-year, which bodes well for Pilbara Minerals.

The company announced that FY23 production will ramp up to 580,000 dry metric tonnes (dmt). This represents around a 50% increase compared to the 377,902 dmt achieved in FY22.

The S&P/ASX 200 Materials (ASX: XMJ) sector is also up 6.8% in the past week and could go higher given the positive outlook on the lithium industry.

About the Pilbara Minerals share price

Pilbara Minerals shares have raced 95% higher since this time last year.

It’s worth noting that the company’s share price has equalled its all-time high of $4.79 today before slightly retracing.

Pilbara Minerals presides a market capitalisation of approximately $13.7 billion and has 2.98 billion shares on its books.

The post Pilbara Minerals share price rebounds, wiping all of Wednesday’s losses appeared first on The Motley Fool Australia.

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More reading

• The Vulcan share price sank 7% today in ASX sea of red
• Here are the 3 most heavily traded ASX 200 shares on Wednesday
• Inflation fears crash Pilbara Minerals share price party
• Expert predicts stock market will crash 20% lower in the next four weeks as US inflation rages out of control
• Why are ASX 200 shares tumbling like dominos on Wednesday?

Motley Fool contributor Aaron Teboneras has positions in Pilbara Minerals Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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