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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.

Since coming on the scene, cryptocurrencies have become a huge part of the investing discussion, on both ends of the spectrum. There are enthusiasts who swear by the assets’ utility and potential, and then there are skeptics who wouldn’t touch crypto with a 50-foot pole. The one undeniable thing, though, is the increase in crypto’s popularity across the globe.

Here are two reasons you should invest in crypto and one reason you absolutely should not.

1. You can benefit from more diversification

Diversification is one of the key pillars of investing. You never want your portfolio to depend too much on too few single investments. You should aim to have diversification in industries, company size, and growth potential, as well as asset classes. While questionable at first, the growth of cryptos as an asset class has become so prevalent that the Securities and Exchange Commission (SEC) is now building out a 50-person Crypto Assets and Cyber Unit team to protect investors in the niche.

Although crypto should be a small part of your portfolio, if you’re looking to add some diversification to it, look no further. Ideally, you don’t want more than 5% of your portfolio in crypto. Your portfolio should be able to survive if you lose 5% for whatever reason. Losses bigger than that can affect you too much, especially given the extreme volatility of cryptocurrencies.

2. There’s a chance for hypergrowth

Crypto as a whole is still in its early stages. Bitcoin (CRYPTO: BTC) — the first and by far the most valuable crypto by market cap — was launched in January 2009. Since then, its value has soared. Should you expect to receive similar returns from investing in that token or others? Absolutely not. But, what you can expect is a chance at hypergrowth on your investments simply by the nature of how young the crypto space is.

The global crypto market was valued at over $1.78 trillion in 2021 and, a report published early this year by Research and Markets forecasts that it will reach over $32.4 trillion by 2027, experiencing a compound annual growth rate (CAGR) of 58.4% along the way. For perspective, the S&P 500’s CAGR has historically been around 10%.

By no means is that to say crypto makes for a better investment than the S&P 500 — it doesn’t — or that the two options are even comparable. Moreover, the projection could turn out to be incorrect. However, it does point out how much growth potential there is for crypto over a relatively short period. You can only benefit from that potential if you give yourself a chance. High risk, high reward.

Be aware of the risks if you’re nearing retirement

One situation in which you may want to avoid investing in cryptos is if you’re close to retirement. Most financial advisors suggest that people should begin shifting away from riskier investments and become more conservative about their portfolios at that point in their lives. The focus should be more on preserving the money you’ve made through the years than taking on risks to try and grow it. Unfortunately, risk and crypto go hand in hand.

Imagine having a large fraction of your portfolio in a cryptocurrency — one that plunges in value by more than half in a matter of months, as Bitcoin has since November 2021. If you’re a long way from retirement, that decline may not matter as much to you, because you have time on your side. You can wait for years for the asset’s value to recover. However, there’s no telling how long it might take to recover. If you’ll be retiring soon and will need to start drawing down on your portfolio to cover your living expenses, a big plunge in its overall value could be a problem. 

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

The post 2 reasons to invest in crypto — and 1 reason to steer clear appeared first on The Motley Fool Australia.

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Stefon Walters has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Bitcoin. The Motley Fool Australia owns and has recommended Bitcoin. 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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It’s getting closer to the end of the 2022 financial year. Experts are considering whether some previous ASX share market darlings are compelling investments after all of the volatility this year.

Lower share prices mean that investors can now buy slices of businesses for a cheaper price.

While current uncertainty is weighing on the market, with things like supply chain difficulties and the flow-on effects of the Russian invasion of Ukraine, experts have identified some businesses that look like opportunities.

Audinate Group Ltd (ASX: AD8)

Audinate is one of the ASX shares that is well-liked by brokers. Broker UBS rates the business as a buy, with a price target of $9.85. That implies a possible rise of more than 35% over the next year.

The business developed Dante, an IP (internet protocol) networking solution that replaces traditional analogue cables with a single ethernet cable. It’s used by sectors like professional live sound, commercial installation, broadcast, public address, and recording industries.

The business has seen its share price crumble in 2022, dropping by around 20%.

However, the company’s recent trading update spoke of positive signs.

At the end of April 2022 it reported that demand for Dante products remained strong. So much so, it expects sales orders to be fulfilled throughout the rest of FY22 and FY23. The total backlog of sales orders has increased. And the company’s ability to fulfil orders is improving due to an increase in the supply of key chips.

Audinate recently said that trading conditions experienced in March and April (mentioned above) had continued in May. The ASX share was expecting revenue for FY22 to exceed US$30 million. However, it continues to manage a challenging supply chain environment.

Pinnacle Investment Management Group Ltd (ASX: PNI)

Pinnacle is a business that invests in funds management businesses. It helps them grow by allowing the fund manager to focus on the investing side of things.

The ASX share provides services like seed funds under management (FUM) and working capital, distribution and client services, compliance, finance, legal, technology and other business infrastructure.

The Pinnacle share price has dropped by over 50% since the start of 2022. Brokers believe this valuation represents good value for investors, including UBS with a price target of $12.65. That suggests a possible rise of more than 60%.

The broker thinks that despite the challenges facing the investment industry, the business looks attractive over the long term.

Its latest quarterly update for the three months to 31 March 2022 showed FUM of $91.4 billion. That’s an increase of 2.2% from $89.4 billion.

The ASX share is looking to add new asset classes and investment strategies to its portfolio, diversifying sources of revenue and helping further growth.

Pinnacle said that it’s prepared for, and seeking, further expansion opportunities. It’s committed to taking advantage of the “significant” offshore opportunity to evolve into a global multi-affiliate by exporting its model.

According to UBS, the Pinnacle share price is valued at 19x FY22’s estimated earnings.

The post Are these 2 compelling ASX shares buys in June 2022? appeared first on The Motley Fool Australia.

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Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended AUDINATEGL FPO and PINNACLE FPO. The Motley Fool Australia has positions in and has recommended AUDINATEGL FPO and PINNACLE FPO. 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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Turbulent is a good word to describe how ASX lithium shares have been tracking over the last week.

Producers of the ‘white gold’ material – a necessity for the decarbonisation movement – tumbled last Wednesday.

But despite recent despair, Macquarie Group Ltd (ASX: MQG) Equities is still hopeful. There’s still a “material upside to lithium miners”, the broker said, courtesy of The Australian.

Let’s take a closer look at what the financial giant likes about ASX lithium shares following the sell-off.

Macquarie still backing ASX lithium shares

Today marks a week since ASX lithium shares spectacularly nosedived amid a bearish note out of Goldman Sachs, expectations a major Chinese electric vehicle (EV) manufacturer was taking its lithium needs into its own hands, and Argentina’s new reference price for lithium exports.

Liontown Resources Limited (ASX: LTR), Core Lithium Ltd (ASX: CXO), and Pilbara Minerals Ltd (ASX: PLS) were hardest hit. Their share prices plunged 18%, 20%, 22% respectively last Wednesday and haven’t fully rebounded yet.  

Other lithium shares Allkem Ltd (ASX: AKE), IGO Ltd (ASX: IGO), Mineral Resources Limited (ASX: MIN), and Sayona Mining Ltd (ASX: SYA) were similarly impacted. They slipped between 8% and 18% last Wednesday.

But the tumble isn’t the end of a green era for lithium shares, according to Macquarie.

It reportedly believes Argentina’s reference price of US$53,000 per tonne of lithium carbonate equivalent wasn’t a price cap. Instead, the broker understands it to be a way for the nation’s government to understand lithium prices and contract pricing

Meanwhile, Macquarie reportedly expects Chinese EV giant BYD’s proposed African lithium projects to face logistical challenges, slowing down their journey to production.

Finally, the broker reportedly said its favourite ASX lithium share – Pilbara Minerals – is factoring in realised lithium prices of approximately US$13,000 per tonne.

“This is 80% below current spot lithium carbonate prices in China”, Macquarie said, as quoted by Livewire. “[it’s also] equivalent to a flat spodumene … of US$950 [per tonne], 85% below the last BMX spot sale.”

The post Why Macquarie still sees ‘material upside’ for ASX lithium shares 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 recommended Macquarie Group Limited. 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 Boral Limited (ASX: BLD) share price is charging higher on Wednesday morning.

At the time of writing, the building products company’s shares are up 6% to $3.03..

Why is the Boral share price rising?

The Boral share price is lifting today after the company announced the appointment of its new CEO.

According to the release, Boral has made the controversial decision to name Vik Bansal as its new leader, effective on or before 5 December.

Last year, Mr Bansal stepped down from the role of CEO of waste management company Cleanaway Waste Management Ltd (ASX: CWY) amid a scandal which saw him accused of creating a culture of workplace bullying. This overshadowed an otherwise highly successful six years at Cleanaway.

Zlatko Todorcevski will remain in the CEO role until transition to Mr Bansal is completed.

‘The right leader’

Boral’s Chairman, Ryan Stokes, was pleased with the appointment of Mr Bansal. He said:

Vik is a seasoned leader with extensive experience, and has a track record of instilling discipline and efficiency in complex businesses to create value for all stakeholders. “He is the right leader to guide the Company into a new era. Vik has the passion, commitment and strategic leadership skills required to drive a performance orientated culture with a focus on productivity, stakeholders and leveraging Boral’s competitive advantages.

Mr Bansal said he was delighted to be appointed the leader of an “iconic” company. He commented:

Boral is an iconic and compelling business with great assets and a well-respected and motivated workforce. I am excited to be part of Boral’s next phase of creating value for all its stakeholders through a culture of safety, and focus on service, sustainability and simplification.

The post Boral share price charges higher amid controversial CEO appointment appeared first on The Motley Fool Australia.

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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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It is fair to say that it has been a very disappointing year for the tech sector. But every cloud has a silver lining. On this occasion, that silver lining is the attractive levels that some tech shares have been dragged down to.

For example, the two ASX tech shares listed below have been hammered this year despite continuing their strong growth. Here’s why analysts think this could be a buying opportunity for investors:

TechnologyOne Ltd (ASX: TNE)

TechnologyOne is an enterprise software provider servicing the government, financial services, health and community services, education, and utilities and managed services markets. Its shares are down 19% year to date.

This is despite TechnologyOne releasing its half year results last month and reporting a 19% increase in total revenue to $172.5 million and a 23% jump in annual recurring revenue (ARR) to $288.5 million.

Pleasingly, management also reiterated its confidence that it will grow its ARR to $500 million by FY 2026. This is being underpinned by its transition to a software-as-a-service (SaaS) business model and its growing UK business.

The latter more than doubled its profit during the first half and still has a huge runway for growth in a market many times larger than the ANZ market.

Analysts at Goldman Sachs suspect that TechnologyOne could even outperform its ARR target, noting that the risks “are skewed to the upside.”

Goldman has a buy rating and $13.30 price target on the company’s shares.

Xero Limited (ASX: XRO)

Xero is a cloud-based accounting solution platform provider to small and medium sized businesses globally. Its shares are down 45% since the start of the year.

This is despite Xero recently releasing its FY 2022 results and revealing a 28% jump in annualised monthly recurring revenue (AMRR) to NZ$1.2 billion thanks partly to a 19% increase in total subscribers to 3.3 million.

Furthermore, the company’s long term growth prospects remain as positive as ever. For example, Goldman Sachs is forecasting a 26.5% increase in revenue to NZ$1.387.1 billion in FY 2023. After which, it expects Xero’s revenue to increase to almost NZ$2 billion by FY 2025.

Beyond that, Goldman has previously stated its belief that Xero has the potential to deliver strong multi-decade growth.

In light of this, it will come as no surprise to learn that its analysts have a buy rating and $118.00 price target on its shares.

The post 2 beaten down ASX tech shares that analysts rate as buys appeared first on The Motley Fool Australia.

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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 positions in and has recommended Xero. The Motley Fool Australia has positions in and has recommended Xero. The Motley Fool Australia has recommended TechnologyOne Limited. 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 popular question among investors is when the Zip Co Ltd (ASX: ZIP) share price will finally bottom?

The buy-now pay-later (BNPL) company’s shares have continued to tumble to new multi-year lows not seen since early 2018.

For context, Zip shares closed at 65.5 cents, down a massive 14.38% at yesterday’s market close. This represents their ninth multi-year low in just a month.

Can the Zip share price rebound in June?

Amid all the selling pressure on the ASX over the last few weeks, the Zip share price has felt the wrath of investors.

The company delivered its third quarter results in late April, acknowledging a shift in external factors.

As such, management adjusted its strategy and doubled down on its efforts on strong unit economics and fast-tracking profitability.

However, it’s worth noting that Zip is experiencing credit losses outside its target range, around 2.6% of total transaction volume.

And with interest rates rising in the current environment, particularly yesterday’s 0.5% increase, this won’t bode well for Zip customers.

Furthermore, United States tech giant Apple Inc (NASDAQ: AAPL) recently announced its inclusion to the BNPL space.

Called “Apple Pay Later”, the service offering won’t charge any interest or late payment fees to its customers.

This is yet another company that has joined the trend away from the traditional credit cards.

A number of major Australian banks such as Commonwealth Bank of Australia (ASX: CBA) have also promoted their own offering.

With the above factors taken into consideration, signs are pointing to another difficult month for Zip shareholders.

What do the brokers think?

One broker put out its thoughts on the Zip share price.

According to ANZ share investing, Macquarie cut its 12-month price target on the BNPL’s shares by 43% to $1.05.

Despite the steep reduction, the broker noted that it thinks it’s unlikely that the industry has reached maturity.

It further said that it doesn’t believe that this will lead to a rapid share market loss for Zip.

Based on today’s price, Macquarie’s estimate implies an upside of approximately 60%.

Zip share price summary

An unfavourable climate has led the Zip share price to lose 90% within the last 12 months.

This means you’d need its shares to climb 900% to break even.

No doubt, the company’s shares are a long way from ever nearing its all-time high of $14.53 in February 2021.

Zip commands a market capitalisation of roughly $526.27 million.

The post Is there light at the end of the tunnel for the Zip share price in June? appeared first on The Motley Fool Australia.

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Motley Fool contributor Aaron Teboneras 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 Accent Group Ltd (ASX: AX1) share price has been well and truly out of form in 2022.

Since the start of the year, the footwear-focused retailer’s shares have fallen 46% to $1.32.

Is the Accent share price good value now?

The good news for investors is that one leading broker believes the weakness in the Accent share price has dragged it down to a very attractive level.

According to a note out of Bell Potter, the broker has reiterated its buy rating and $2.20 price target on the company’s shares.

Based on the current Accent share price, this implies potential upside of 67% for investors.

But it gets even better as Accent traditionally shares a good portion of its profits with shareholders. Bell Potter doesn’t expect this to change and is forecasting payout ratios of ~80% for FY 2022 and FY 2023.

This is expected to lead to fully franked dividends per share of 5.8 cents in FY 2022 and then 10.7 cents in FY 2023. This implies potential yields of 4.4% and 8.1%.

Why does Bell Potter rate it as a buy?

Bell Potter notes that Accent’s shares are trading at a lowly 9.8x estimated FY 2023 earnings. It believes this is too cheap considering the company’s dominant market position in the Australian footwear market (~30% market share) and its significant opportunity in athleisure. It explained:

AX1 is currently trading on 9.8x FY23e P/E (BPe) which we think looks conservative given its dominant market share in the Australian footwear retailing industry and growth outlook in the youth focused sports apparel vertical.

We think AX1 has a long runway ahead in terms of the athleisure market opportunity and is well placed to gain share given its accelerated vertical sales strategy. We sit ~6% ahead of consensus NPAT expectations for FY24e primarily driven by higher store based revenues & vertical sales assisted by the Glue Store roll out which in our view should see overall margin expansion through the medium term.

The post Top analyst says Accent share price has almost 70% upside appeared first on The Motley Fool Australia.

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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 recommended Accent Group. 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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Well, believe it or not, we are now in June. Along with moons and Ferris wheels, many investors might be wondering what this June might hold in store for the ASX, especially given yesterday’s monster interest rate hike. And one of the ASX shares investors will no doubt be watching is the Woodside Energy Group Ltd (ASX: WDS) share price.

Woodside Energy (formerly known as Woodside Petroleum) is now the ASX’s largest energy share by a mile, thanks to the recent deal with BHP Group Ltd (ASX: BHP). And what a time to have additional oil resources fall into your books. Oil prices remain at historically elevated levels, which were kick-started by the war in Ukraine earlier this year.

As it currently sits, crude oil remains well above US$100 a barrel, with Brent crude hitting close to US$122 a barrel earlier this week.

So if an investor wants to predict where the Woodside share price will go this June, that is certainly the first port of call. As an energy company, Woodside’s fortunes largely ride or die on the price of the ‘black gold’ it extracts.

That’s almost certainly a large part of the equation that explains Woodside’s share appreciation over 2022 thus far. It’s no coincidence that while oil has skyrocketed in price over the year to date, the Woodside share price has rocketed by more than 45%.

What’s next for the Woodside share price?

We can’t be sure where the Woodside share price will go over June. But chances are it will follow the movements of the crude oil price fairly closely.

Beyond June, many expert investors are bullish. Earlier this week, my Fool colleague Bernd covered the views of Philipp Hofflin, portfolio manager at Lazard Asset Management. Mr Hofflin said the following on Woodside’s business at the moment:

The astonishing thing about Woodside is that you can buy it today at 20% less than it was pre-COVID. Yet it has done a deal with BHP Petroleum, that is currently delivering phenomenal earnings… The cash flow is enormous.

They have a fortress balance sheet because they did this deal entirely with equity. Woodside, which has a sort of breakeven cost of production of just a bit over $10 a barrel, in a world where the oil price is $110, it’s a pretty safe value opportunity.

So that’s a pretty unequivocal opinion on Woodside shares today. This ASX 200 energy share will certainly be worth watching this June… along with the moons and Ferris wheels.

The post What’s coming up for the Woodside share price in June? appeared first on The Motley Fool Australia.

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Motley Fool contributor Sebastian Bowen 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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In uncertain times like now, one school of thought is that investing in businesses that sell directly to consumers is a bad move.

It makes sense — interest rates are rising and Australians have less to spend.

In fact, that’s exactly what the Reserve Bank of Australia wants. Reduce demand, therefore knock down inflation.

So if you’re not buying ASX shares of companies that sell to consumers, what’s left?

Companies that provide goods and services to other businesses.

Bell Potter Securities investment advisor Christopher Watt this week named two such stocks that he recommends as a buy:

‘Low risk income stream’ with stable clients

Charter Hall Long WALE REIT (ASX: CLW) shares have dipped 4.6% year-to-date. But Watt pointed that it is paying out an “attractive, stable income” with a 5.8% dividend yield.

Moreover, Charter Hall is a landlord to reliable, long-term tenants.

“This real estate investment trust invests in quality assets that are mostly leased to government and corporate tenants,” he told The Bull.

“We’re attracted to Charter Hall Long WALE’s low risk income stream, secured by a sector-leading lease term of 14 years.”

Charter Hall Long WALE shares closed Tuesday at $4.82.

The wider professional community is somewhat divided on Charter Hall.

According to CMC Markets, four of seven analysts consider it a buy, with the remaining three recommending it as a hold.

‘Strong cash flow growth’ and huge development pipeline

Watt picked another real estate stock as the other tempting buy at the moment.

Industrial property manager Goodman Group (ASX: GMG) is a landlord for warehouses — or fulfilment centres, as its e-commerce clients would call them.

“Goodman offers exposure to global property development and property funds management,” said Watt.

“While investors may be concerned about rising interest rates, Goodman management has flagged that quality assets are generating strong cash flow growth, which should support asset value growth.”

The stock has lost almost 26% since the start of the year, presenting a potential entry point.

According to CMC Markets, eight out of 12 analysts currently recommend Goodman shares as a strong buy.

Medallion Financial Group advisor Jean-Claude Perrottet said last week that Goodman is different to the typical real estate stock in that it has much potential growth ahead of it.

“It has $13.4 billion of development work in progress across 89 projects,” he said.

“Goodman has high quality tenants and an occupancy rate that increased to 98.7%. [It] is a quality business, with about $68.7 billion in assets under management.”

The post ‘Attractive, stable’: 2 ASX shares other companies rely on appeared first on The Motley Fool Australia.

More reading

• Experts name 2 excellent blue chip ASX 200 shares to buy
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• Why has the Goodman share price tanked 14% in a month?
• Why I’d buy these 2 ASX 200 shares

Motley Fool contributor Tony Yoo 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 Domino’s Pizza Enterprises Ltd (ASX: DMP) share price was caught up in the selloff on Tuesday.

The pizza chain operator’s shares dropped 2% to $64.89.

This means the Domino’s share price is now down 47% since the start of the year.

Will the Domino’s share price soon deliver?

While the Domino’s share price hasn’t been delivering for investors in 2022, the team at Morgans think investors should stick with it.

According to a note, the broker has retained its add rating but trimmed its price target to $93.00.

Based on the current Domino’s share price, this implies potential upside of 43% for investors over the next 12 months.

‘Absolutely undiminished’ growth opportunity

While Morgans acknowledges that foot inflation and foreign exchange headwinds will weigh on its earnings in the near term, the broker feels that investors should look beyond this.

Instead, the broker thinks investors should be looking at the company’s significant long term growth opportunity which is being underpinned by its store expansion plans. These plans will see the company aim to more than double its network in current markets between now and 2033.

Its analysts commented:

The near-term challenges of currency headwinds and inflation continue to intensify. We have lowered our EBITDA estimates by 2% in FY22F and 6% in FY23F to take account of these pressures (we now sit below consensus). This should not, in our view, take away from the significant longer-term opportunity for growth that DMP offers.

The engine of DMP’s growth is the rollout of new stores. Although near-term store rollout may be slower than DMP would like, the medium-term opportunity is absolutely undiminished, as evidenced by the reiteration of the 2033 outlook today. DMP has developed a solid platform for inorganic expansion.

The post Domino’s share price tipped to rise 40% amid ‘absolutely undiminished’ growth opportunity appeared first on The Motley Fool Australia.

More reading

• 5 things to watch on the ASX 200 on Tuesday
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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 recommended Dominos Pizza Enterprises Limited. 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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