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The Bank of Queensland Limited (ASX: BOQ) share price continued on its downwards trajectory in May.

This comes despite the company keeping a relatively low profile on the news front in recent times.

The regional bank’s shares dropped by about 7% in May. They finished today’s session down 1.06% at $7.48.

In comparison, the S&P/ASX 200 Index (ASX: XJO) also ended May in the red, shedding 3% over the same time frame. The benchmark index finished today’s session 0.8% lower at 7,175 points.

Let’s take a look at what might have weighed on Bank of Queensland shares lately.

What happened to Bank of Queensland shares in May?

The Bank of Queensland share price finished lower than it started last month, dragged down by negative investor sentiment.

Throughout May, the company did not release any price-sensitive market announcements. On 16 May, it provided a letter to shareholders from the CEO. The letter discussed some key elements of the bank’s progress following the release of the company’s half-year results on 14 April.

However, broader market weakness coupled with a global economic slowdown put pressure on investor confidence.

This led Bank of Queensland shares to fall across the month. In particular, the stock shed value over seven consecutive business days from 4 May to 12 May.

Most notably, the company’s share price fell to a 52-week low of $7.31 on 13 May before rebounding 2.3% higher.

It remains to be seen if Bank of Queensland shares can regain composure after such a volatile month.

Bank of Queensland share price summary

Over the past 12 months, the Bank of Queensland share price has predominately moved in circles, recording a loss of 16%. It has failed to gain any traction year-to-date and is down 10% for the period.

On valuation grounds, Bank of Queensland commands a market capitalisation of roughly $4.89 billion.

The post Why did the Bank of Queensland share price fall 7% in May? appeared first on The Motley Fool Australia.

More reading

• What’s dragging on ASX 200 bank shares like NAB on Thursday?
• The Bank of Queensland dividend is being paid today. Here’s the lowdown
• Is the Bank of Queensland share price a buy as an inflation hedge?
• Analysts name 2 ASX dividend shares to buy with juicy yields
• Could Bank of Queensland shares deliver 46% upside AND a 4.5% dividend yield in 2022?

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 Coles Group Ltd (ASX: COL) share price was out of form on Thursday.

The supermarket operator’s shares ended the day 0.5% lower at $17.72.

Where next for the Coles share price?

According to a recent note out of Citi, its analysts believe the Coles share price is heading higher from here.

Its analysts currently have a buy rating and $19.30 price target on the supermarket giant’s shares. Based on the current Coles share price, this implies potential upside of 9% for investors.

But it gets better. Citi is expecting Coles to pay fully franked dividends per share of 63 cents in FY 2022 and 72 cents in FY 2023. These equate to yields of 3.6% and 4.1%, respectively.

What did the broker say?

Citi was pleased with Coles performance during the third-quarter and notes that there has yet to be any sign of customers trading down or buying less because of inflation.

In light of this, it feels the risk will be to the upside for estimates if this trend continues.

Citi explained:

Coles provided its 3Q22 trading update with sales in line with our expectations. There were no observable signs of trading down or lower volumes in response to higher food inflation. We see upside risk to our forecasts if the volume response is muted.

A normalisation of availability, local shopping trends and online penetration should benefit Coles from both a sales and margin perspective. We cut our earnings forecast by ~3% in FY22e to account for costs related to COVID and the floods but make no changes to future periods. We remain Buy rated with a $19.30 target price.

The post Where next for the Coles share price? appeared first on The Motley Fool Australia.

More reading

• 2 inflation-beating ASX 200 dividend shares experts rate as buys this month
• UBS warns of more downgrades for ASX 200 shares… but not all
• Why is the Coles share price lagging the ASX 200 on Friday?
• Fundie reveals 3 ASX 200 shares with major pricing power to counter inflation
• How do ASX shares typically perform following a demerger?

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 positions in and has recommended COLESGROUP DEF SET. 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 Weebit Nano Ltd (ASX: WBT) share price is powering ahead during late Thursday afternoon trade.

At the time of writing, the Weebit Nano share price is up 6.86% to $2.65.

Let’s take a look at Weebit does and see why its shares defied the ASX market to lift off today.

What does Weebit Nano do?

Weebit Nano develops next generation computer memory technology.

The Israeli company addresses the growing need for data storage through its Resistive Random-Access-Memory (ReRAM) technology. Weebit states that ReRAM is over 1000 faster and uses 1000 times less power than traditional storage options like flash.

What’s driving Weebit shares higher?

Investors have been bidding the Weebit Nano share price higher today despite there being no news out of the semiconductor company.

However, it is worth noting that the company’s shares fell almost 10% over the last two consecutive days.

It appears that bargain hunters are swooping in to take advantage of the recent share price weakness.

The S&P/ASX All Technology (ASX: XTX) sector has been slammed since the beginning of this year, down 31%.

In contrast, the past two days alone has seen the tech index shed 3.09% following negative investor sentiment.

This is being blamed on inflationary movements, geopolitical tensions and concerns surrounding a global economic slowdown.

Even the word “recession” has been a hot talking point over the last week.

About the Weebit share price

The Weebit Nano share price has accelerated over the past 12 months, reflecting a gain of almost 40%.

The company’s shares reached a 52-week high of $4.48 in February after providing investors with its activities update for Q2 FY22.

Based on today’s price, Weebit has a market capitalisation of approximately $470.39 million.

The post Weebit Nano share price rockets 7% today. Here’s why. appeared first on The Motley Fool Australia.

More reading

• 3 ASX All Ordinaries shares defying the sell-off to surge higher
• Why these 2 ASX All Ordinaries shares are surging more than 20% today
• Why is the Weebit Nano share price rocketing 23% higher?

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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ASX energy shares are doing much of the heavy lifting today.

While the S&P/ASX 200 Index (ASX: XJO) is down 0.9% in afternoon trading the S&P/ASX 200 Energy Index (ASX: XEJ) is up 2.3%.

And we’re seeing three ASX energy shares notching up new one-year highs today.

Which ASX energy shares are trading at one-year highs?

The Beach Energy Ltd (ASX: BPT) share price is up $3.02% to $1.78 at time of writing, surpassing the $1.77 it was trading for on 7 March. With today’s intraday gains factored in, Beach Energy shares are up 36% so far in 2022.

At the current share price, Beach Energy has a market cap of $4.1 billion.

Also hitting one-year highs today is ASX energy share MMA Offshore Ltd (ASX: MRM). The MMA share price is up 5.5% to 67 cents, taking out the 64 cents per share mark set on 28 March. That puts the MMA share price up a blistering 85% year-to-date.

At the current price, the oil and gas explorer has a market cap of $239 million.

And the third energy stock hitting one-year highs in intraday trading today is Horizon Oil Ltd (ASX: HZN), up 3.3% to 16 cents. At time of writing this matches its 27 May one-year highs after the share price retraced some in late afternoon trading.

The Horizon Oil share price is now up an impressive 82% in 2022, giving the company a market cap of $245 million.

What’s driving ASX investor interest?

Investors have been buying ASX energy shares on the back of soaring energy prices.

Coal, crude oil and gas have all reached multi-year or even all-time highs this year.

While Brent crude oil slipped 1.8% overnight to US$114 per barrel, Brent crude kicked off 2022 trading for US$78 per barrel.

And some market veterans, including JPMorgan Chase CEO Jamie Dimon, believe oil will head higher from here and stay elevated for years to come.

Speaking at the Autonomous Research financial services conference yesterday (overnight Aussie time), Dimon cautioned that Russia’s war in Ukraine could see crude oil trading in the US$150 to US$175 per barrel range.

According to Dimon (quoted by The Australian Financial Review):

We’re not taking the proper actions to protect Europe from what’s going to happen in oil in the short run. And we’re not taking the proper actions to protect you all from what’s going to happen to oil in the next five years, which means it almost has to go up in price.

If crude oil does head to US$175 per barrel, it will take a big bite out of consumers’ pockets while offering some strong tailwinds to ASX energy shares.

The post 3 ASX energy shares rocking new 52-week highs on Thursday appeared first on The Motley Fool Australia.

More reading

• The Beach Energy share price zipped higher in May. Here’s why
• 5 things to watch on the ASX 200 on Wednesday
• Here are the 3 most traded ASX 200 shares on Tuesday
• Why Argosy, Arafura, Beach, and De Grey Mining shares are rising
• Why is the Beach Energy share price having such a cracking Tuesday?

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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Thursday is a rough day to be an ASX investor. The benchmark index – the All Ordinaries Index (ASX: XAO) – is currently 1.06% lower, tumbling for the second day in a row, but some shares are bucking the trend.

Today’s slump sees the index lower than where it ended last week and 6.7% lower than it was at the start of the year.

But not all ASX All Ordinaries shares are struggling on Thursday. Let’s take a look at what’s causing these three to outperform.

These ASX All Ordinaries shares are in the green on Thursday

Strike Energy Ltd (ASX: STX)

The Strike Energy share price is defying the All Ordinaries sell off to post an 11.21% gain today. Right now, the company’s stock is swapping hands for 32 cents apiece.

The oil and gas company’s gain comes on the back of multi-rate test results from its South Erregulla gas discovery.

Strike CEO and managing director Stuart Nicholls commented on the results, saying:

This excellent flow testing provides additional confidence that the Kingia gas discovery at South Erregulla is a large, productive source of low-cost, low impurity natural gas, and that it can form the foundation of Project Haber’s globally competitive nitrogen-based urea fertiliser.

Weebit Nano Ltd (ASX: WBT)

The gains exhibited by fellow ASX All Ordinaries share Weebit Nano are harder to explain. Right now, the company’s share price is $2.65, 6.85% higher than its previous close.

There’s been no news from the semiconductor developer to explain its surge. However, it’s worth noting its stock rocketed 7% on Monday before tumbling 9% over the course of Tuesday and Wednesday.

Tabcorp Holdings Limited (ASX: TAH)

Finally, the Tabcorp share price in the green for the first time this week, gaining 4.64% to trade at 95 cents.

Last week, the company split in two with its lottery and Keno business demerging to become ASX-listed The Lottery Corporation Limited (ASX: TLC).

Today, the new company’s shares are trading on a normal settlement basis for the first time after the scheme was officially implemented yesterday.

The post 3 ASX All Ordinaries shares defying the sell-off to surge higher appeared first on The Motley Fool Australia.

More reading

• Weebit Nano share price rockets 7% today. Here’s why.
• Here’s why the Strike Energy share price is zipping 10% higher today
• Why Bubs, IGO, Strike Energy, and Woodside shares are pushing higher
• These were the worst performing ASX 200 shares in May
• What’s dragging on the Tabcorp share price today?

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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If you’re looking for dividend shares to buy then you may want to look at the ones below that brokers are recommending.

Here’s what the brokers are saying about these ASX dividend shares:

BHP Group Ltd (ASX: BHP)

The first ASX dividend share to look at is BHP. It is of course one of the world’s largest mining companies.

It could be a top option for income investors thanks to its world class operations across a number of commodities and the huge free cash flow they are generating. This strong cash flow provides the Big Australian with the opportunity to reward shareholders with big dividends and consider M&A activities.

Analysts at Goldman Sachs are positive on the company and have just slapped a buy rating and $51.20 price target on its shares. The broker likes BHP due to its “attractive valuation & FCF, and upside from ~US$20bn Copper growth pipeline.”

In addition, the broker is forecasting fully franked dividend yields of 11% in FY 2022 and 8.9% in FY 2023.

National Australia Bank Ltd (ASX: NAB)

Another ASX dividend share that could be a buy is banking giant NAB. It could be a top option thanks to its strong position in business banking and the acquisitions of digital bank 86 400 and Citigroup’s Australian consumer business.

The latter are expected to help NAB achieve scale in digital and consumer banking offerings.

The team at Macquarie is positive on NAB and has an outperform rating and $34.00 price target on the company’s shares. Macquarie likes the bank due to its strong balance sheet position and leverage to higher rates.

As for dividends, the broker is forecasting fully franked dividends per share of $1.46 in FY 2022 and $1.50 in FY 2023. Based on the current NAB share price of $31.24, this equates to yields of 4.7% and 4.8%, respectively.

The post 2 top ASX dividend shares to buy according to analysts appeared first on The Motley Fool Australia.

More reading

• What’s dragging on ASX 200 bank shares like NAB on Thursday?
• Top broker names 2 of the best ASX shares to buy in June
• Why is the ‘new’ Woodside share price leaping 6% today?
• Top broker tips BHP share price to jump 12%
• Cashed up with massive dividends: Advisor reveals ASX share to hold for 4 years

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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On a tough day for the S&P/ASX 200 Index (ASX: XJO) so far, ASX bank shares are among those seeing declines today.

The ASX 200 is currently down by 1.1%, while the S&P/ASX Financials Index (ASX: XFJ) is falling by 1.42%.

The big four ASX banks are all in the red at the time of writing. The Commonwealth Bank of Australia (ASX: CBA) share price is currently down 1.58%, Westpac Banking Corp (ASX: WBC) shares are tumbling 0.79%, the National Australia Bank Ltd (ASX: NAB) share price is dropping 0.94%, and the Australia and New Zealand Banking Group Ltd (ASX: ANZ) shares are down 1.38%.

Additionally, the Macquarie Group Ltd (ASX: MQG) share price is falling by 2.67%, and Bank of Queensland Limited (ASX: BOQ) shares are down 1.06%.

What’s going on with ASX 200 bank shares?

There are declines across many sectors on the ASX today as investors continue to wrestle with the effects of supply chain issues, inflation and what this means for interest rates.

While some analysts believe that rising interest rates could be helpful for bank net interest margins (NIM), there is still a lot of competition in the sector.

Additionally, analysis by brokers notes that some banks could face difficulties if financial stress in the commercial property sector kicks up.

Commercial property difficulties?

The Australian has reported on research done by Morgan Stanley which showed that the amount of stressed exposure faced by major banks to the commercial property sector could soar five or six times in a recession, with the GFC being used by the broker as a guide.

According to the broker, the big four ASX banks have a combined $311 billion of exposure to the commercial property sector. They also have a total of $43 billion of exposure to the construction industry, which is currently suffering.

It was reported that Westpac saw 3% of its group exposure in 2009 be classed as stressed, with 0.5% being impaired. However, things were much worse in the commercial sector space – 12.5% of exposures were stressed, including 26% of its exposure to developers.

Although, things are looking much better for Westpac at the moment. In Westpac’s FY22 half-year result, only 2% of the commercial property portfolio was stressed with 0.2% being impaired.

The Australian reported on comments made by the NAB CEO Ross McEwan that noted how vulnerable the construction industry was because of the difficulties relating to fixed-price contracts, supply chain problems, and higher costs. McEwan said:

It’s certainly one of the sectors that we are keeping a close eye on very recently.

A lot of them have been having some difficulties there so that is, as a sector, the most worrying part of our bank when we look across it.

We are yet to see that the economy is having difficulty…but as interest rates start to rise, we have to be conscious that there will be some customers who may have some difficulties.

Foolish takeaway

Time will tell what this means for the big four ASX banks and whether rising interest rates do lead to increased stress or not.

While the share prices of the big four ASX banks have recovered from the COVID lows, only NAB has risen noticeably over the last year, up 16%. Others have seen declines.

The post What’s dragging on ASX 200 bank shares like NAB on Thursday? appeared first on The Motley Fool Australia.

More reading

• 2 top ASX dividend shares to buy according to analysts
• What’s the outlook for the CBA share price in June?
• May wasn’t kind to the ANZ share price. Here’s what happened
• Why did the Westpac share price beat the ASX 200 in May?
• Why did the NAB share price go backwards in May?

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 no position in any of the stocks mentioned. The Motley Fool Australia has recommended Macquarie Group Limited and 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 ResMed Inc (ASX: RMD) share price has been having a tough time in 2022.

Since the start of the year, the sleep treatment company’s shares have fallen 22%.

Is the ResMed share price weakness a buying opportunity?

While the decline in the ResMed share price this year has been disappointing, one leading broker appears to believe investors should take advantage of it and buy shares.

According to a recent note out of Citi, its analysts have retained their buy rating but trimmed their price target on the company’s shares to $35.50.

Based on the latest ResMed share price of $28.41, this implies potential upside of 25% for investors over the next 12 months.

What did the broker say?

Citi notes that ResMed has been impacted by supply chain headwinds and has been unable to fully benefit from a major competitor recall.

In light of this and rising interest rates, it has trimmed its estimates and valuation of the ResMed share price. It explained:

We cut FY22-24E EPS by -7% / -5% / -7% on lower revenue expectations. Lower earnings, updated FX, and revised WACC of 7.2% (from 7%) to reflect the higher interest rates expectations result in a new target price of A$35.50 (from A$38.00).

Nevertheless, the broker remains positive. This is due to its attractive valuation and the broker’s belief that ResMed will permanently win market share from the Philips recall.

RMD is trading at PE of ~28x FY24E, below historical avg of ~32x. Maintain Buy. RMD cut its additional device guidance in FY22 by $100m to $200-250m due to the difficulty in sourcing semiconductors as it attempts to fill the void left by the Philips recall (whose device sales were ~US$800m pa).

We forecast $225m in extra sales (from US$360m) in FY22 – we expect this to continue in FY23 where we assume ~US$350m (from US$315m) of extra sales. Despite the short-term impact, we continue to expect ResMed will make a permanent 10% market share gain in devices due to the Philips’ recall.

The post Why the ResMed share price could jump 25% from current levels appeared first on The Motley Fool Australia.

More reading

• How to turn $20,000 into $180,000 in 10 years with ASX shares
• Why this broker says ResMed is an ASX 200 share to buy
• Why is the ResMed share price climbing today?
• Analysts name 2 profitable ASX growth shares with 40%+ upside
• Broker names 2 of the ‘best’ blue chip ASX 200 shares to buy now

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 recommended ResMed. The Motley Fool Australia has recommended ResMed Inc. 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’re looking for a few new additions to your portfolio in June, then look no further.

Analysts at Morgans have picked out a number of ASX shares that they class as their best ideas for the month.

Below are two top ASX shares that the broker rates highly this month. They are as follows:

BHP Group Ltd (ASX: BHP)

Morgans thinks this mining giant could be a top option for investors this month. This is due to its strong balance sheet, diverse operations, and belief that it is a low risk option in the sector.

It explained:

We view BHP as relatively low risk given its superior diversification relative to its major global mining peers. The spread of BHP’s operations also supplies some defence against direct Covid-19 impact on earnings contributors. While there are more leveraged plays sensitive to a global recovery scenario, we see BHP as holding an attractive combination of upside sensitivity, balance sheet strength and resilient dividend profile.

Morgans has an add rating and $48.30 price target on BHP’s shares. This compares to the current BHP share price of $45.33.

Treasury Wine Estates Ltd (ASX: TWE)

Another ASX share that could be a top option in June according to Morgans is Treasury Wine. Its analysts believe the wine company’s shares are attractively price, especially given its positive growth outlook.

Morgans commented:

TWE owns much loved iconic wine brands, the jewel in the crown being Penfolds. We rate its management team highly. The company recently reported an impressive 1H22 result despite facing several material headwinds. The foundations are now in place for TWE to deliver strong double-digit growth from 2H22 over the next few years. Trading at a material discount to our valuation and other luxury brand owners, TWE is a key pick for us.

Morgans has an add rating and $13.93 price target on the company’s shares. This compares to the latest Treasury Wine share price of $11.71

The post Top broker names 2 of the best ASX shares to buy in June appeared first on The Motley Fool Australia.

More reading

• Why is the ‘new’ Woodside share price leaping 6% today?
• Top broker tips BHP share price to jump 12%
• Cashed up with massive dividends: Advisor reveals ASX share to hold for 4 years
• 5 things to watch on the ASX 200 on Thursday
• Top brokers name 3 ASX shares to buy today

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 Treasury Wine Estates 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 S&P/ASX 200 Index (ASX: XJO) is on course to record a disappointing decline. In afternoon trade, the benchmark index is down 0.95% to 7,165 points.

Four ASX shares that are falling more than most today are listed below. Here’s why they are dropping:

Nanosonics Ltd (ASX: NAN)

The Nanosonics share price is down 5.5% to $3.49. This appears to have been driven by a broker note out of Citi. According to the note, its analysts have retained their sell rating and cut their price target on its shares to $3.65. Citi has reduced its earnings estimates for the coming years on the belief that the company’s costs are going to rise due to its direct sales model transition in North America.

REA Group Limited (ASX: REA)

The REA share price is down 3.5% to $109.35. This follows the release of the property listings company’s investor day update this morning. Investors don’t appear confident in management’s plan to deliver double-digit revenue and earnings growth in the coming years. The latter is despite management anticipating its Indian EBITDA losses to widen in FY 2023 before reducing in subsequent years.

Sayona Mining Ltd (ASX: SYA)

The Sayona Mining share price has dropped 5.5% to 17 cents. Sayona recently released the pre‐feasibility study (PFS) for the North American Lithium (NAL) operation in Canada. That PFS found that the operation has a pre‐tax net present value (NPV) of approximately A$1 billion based on a long run lithium spodumene price of US$1,242 per tonne. Given recent developments in the industry, investors may be doubting the price estimate its valuation is based on.

Zip Co Ltd (ASX: ZIP)

The Zip share price is down a further 5.5% to a new multi-year low of 79 cents. This follows broad weakness in the tech sector, with loss-makers like Zip among the hardest hit. This has led to the S&P/ASX All Technology Index losing 2.1% of its value this afternoon.

The post Why Nanosonics, REA, Sayona Mining, and Zip shares are dropping appeared first on The Motley Fool Australia.

More reading

• Why is the Zip share price sinking yet again on Thursday?
• Which ASX lithium shares are rebounding on Thursday, and which are not?
• Is this the real reason ASX lithium shares cratered on Wednesday?
• Is this a ‘fundamental flaw’ with ASX BNPL shares like Zip
• Why Allkem, Origin, PointsBet, and Zip shares are sinking today

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 Nanosonics Limited and ZIPCOLTD FPO. The Motley Fool Australia has positions in and has recommended Nanosonics Limited. The Motley Fool Australia has recommended REA 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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