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The Megaport Ltd (ASX: MP1) share price has been thrown from pillar to post over the past week. For shareholders, it means this year’s pain has worsened as investors try to recalibrate their valuation of the company.

On a second day of bitter losses, shares in the cloud interconnectivity company are down 9.79% to $9.03. Although, the Megaport share price traded as low as $8.58 apiece earlier today. Yesterday, its shares fell by more than 21%.

The sustained rough patch means the company’s shares are now down 53% since the beginning of the year.

Is the Megaport share price a steal or steer clear?

Firstly, before we dive into whether analysts are bullish or bearish on Megaport, let’s recap Thursday’s quarterly update. The announced figures, while demonstrating growth, were below what many experts had been expecting.

• Quarterly revenue up 42.5% from the prior corresponding period to $27.9 million
• Customers increased 20% to 2,541 year on year
• Average revenue per port up 9.4% to $1,049
• Cash position fell 37% to $88.8 million at the end of March 2022 compared to previous year

At face value, these numbers suggest strong growth in the top line. However, ASX-listed Megaport has some large shoes to fill with its market capitalisation of $1.43 billion even after its recent reduction. Evidently, this has plagued the minds of shareholders over the last couple of days.

Despite the high level of pessimism surrounding the Megaport share price, analysts over at UBS are adamant there’s still long-term potential.

In a note to clients, UBS analysts stated:

We remain positive on the medium to long-term opportunity for MP1. That said, it is hard to disagree that some of the accelerators to growth are taking longer than anticipated to come through, which in our view pushes out the earnings potential (rather than reducing it).

Likewise, a note from Citi indicates the equity team remains bullish on the Megaport share price in the longer term. Though, the disappointing quarterly update triggered a cut in their price target to $16.60.

The post The Megaport share price just tumbled another 10%. Is it now a super bargain? appeared first on The Motley Fool Australia.

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• Here’s why the Megaport share price is tumbling 18% today

Motley Fool contributor Mitchell Lawler has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns and has recommended MEGAPORT FPO. The Motley Fool Australia has recommended MEGAPORT FPO. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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ASX shares have shifted lower on Friday with the All Ordinaries Index (ASX: XAO) tracking 159 basis points lower to 7,762 at the time of writing.

Even with the selling pressures today, these 3 All Ordinaries shares have outpaced the rest and are surging higher in afternoon trade.

Genworth Mortgage Insurance Australia Ltd (ASX: GMA)

Shares of Genworth Mortgage have rallied in the past two months and now trade at $3.11 apiece.

In today’s session, investors have bid shares around 3% higher, despite no market-sensitive news.

However, back in February, the company printed healthy FY21 earnings. That involved a 19% gain in net earned premium (NEP) and an 8% gain on cash and investments to $3.7 billion.

It also authorised a 12 cents per share ordinary dividend and 12 cents special dividend, with full franking credits for investors to enjoy come tax time.

Genworth shares rallied to 52-week highs soon after its earnings release before consolidating back down somewhat. Since then, they have trudged north at a gradual pace toward that level again.

Bellevue Gold Ltd (ASX: BGL)

Shares of Bellevue Gold have spiked in today’s session and now trade at around $1 per share. Earlier, the metals miner released its quarterly activities and cash flow update.

In its report, Bellevue noted it awarded a mining contract to Develop Global Ltd (ASX: DVP) to begin development and production activities at its flagship project.

It also spent $14 million on exploration and evaluation expenses, whilst advancing in preparations for the next phase of its mine developments.

Bellevue Managing director said that “everything is going according to plan” with the site, and that successful drilling “has set [Bellevue] up for a reserve update this quarter”.

The company has now surged 19% since trading resumed in January, reversing a deep loss attained earlier in the year.

Sayona Mining Ltd (ASX: SYA)

Shares in Sayona Mining have clawed back gains in 2022 and surged more than 104% in the past month of trade.

Investors have rallied the Sayona Mining share price this past month or so after it affirmed a resource upgrade at its Quebec mining operations in Canada.

As Mitch Lawller of TMF reported at the time, “the upgrade represents a doubling from the company’s previous estimates.”

“Unsurprisingly, investors are attempting to snap up shares in Sayona as the share price roars ahead,” he added.

Since then, it has continued to surge higher, helped by ever-growing demand for lithium and electric vehicles.

It’s now set a new decade-long high for the company, after its share price collapsed back from a high of $1.50 back in December 2007.

The post 3 ASX All Ordinaries shares defying today’s falls to surge higher 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 Bruce Jackson.

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The Transurban Group (ASX: TCL) share price is in the green today, and it’s a lucky – and lonely ­– spot to be in.

Most of the toll road operator’s S&P/ASX 200 Index (ASX: XJO) peers are suffering on Friday, with the index tumbling 1.58% at the time of writing.

At the same time, the Transurban share price is trading at $14.09, 0.97% higher than its previous close.

Let’s take a closer look at what’s going on with the market on Friday.

Transurban shares afloat in a sea of red

The ASX 200 is plunging from yesterday’s eight-month high – and near all-time high – amid news the United States Federal Reserve could be considering a rate hike next month.

The chair of the nation’s central bank, Jerome Powell, signalled talk of a 0.5% increase to rates on Thursday (Friday, AEDT), reports the Wall Street Journal.

Seemingly in response to the international rates talk, the ASX 200 is recording its worst day since February’s 2.99% tumble.

At the time of writing, only 34 of the ASX’s top 200 companies are gaining. That leaves 83% of the ASX 200 in the red.

Leading the index on Thursday is the United Malt Group Ltd (ASX: UMG) share price. It’s currently up 1.79%.

The share prices of CSL Limited (ASX: CSL), JB Hi-Fi Limited (ASX: JBH), Coles Group Ltd (ASX: COL), and Ramsay Health Care Limited (ASX: RHC) are also in the green.

They’ve joined the Transurban share price in avoiding today’s carnage. There’s no news from the toll road operator to explain why its stock is moving higher on Friday.

Additionally, 10 of the ASX 200’s 11 sectors are trading lower right now.

Only the S&P/ASX 200 Health Care Index (ASX: XHJ) is up. It’s recording a 0.49% gain.

Meanwhile, the S&P/ASX 200 Resources Index (ASX: XJR) is the worst performing sector, tumbling 3.31%.

The post Transurban shares are one of only a handful of ASX 200 stocks gaining today. What’s happening? appeared first on The Motley Fool Australia.

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• Broker names 3 more of best ASX 200 shares to buy in April
• 5 things to watch on the ASX 200 on Wednesday

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. owns and has recommended CSL Ltd. The Motley Fool Australia owns and has recommended COLESGROUP DEF SET. The Motley Fool Australia has recommended Ramsay Health Care Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Neometals Ltd (ASX: NMT) share price is seesawing today despite the company providing a positive update to the ASX.

During the early hours of trade, the advanced materials company’s shares were fetching as low as $1.705.

However, they have since picked up to swap hands at $1.775, up 0.28%.

Primobius secures lithium battery recycling permit

Investors are unfazed with the company’s latest update, sending the Neometals share price into mixed territory.

In the release, Neometals advised its joint venture company, Primobius has received an operating permit for its commercial shredding plant in Hilchenbach, Germany.

Primobius is 50% owned by Neometals, with the remaining interest held by plant construction and mechanical engineering services company, SMS group.

The receipt of the federal operating permit enables commercial operations to commence at its lithium-ion battery recycling facility. This will see up to 10 tonnes per day of battery-grade metal sulphate chemicals safely recycled into new battery production.

Neometals noted that Primobius is receiving and storing EV battery modules from its disposal service customer before beginning operations in mid-May.

In addition, Primobius is delivering its first intermediate active material product to a German metal recycler next week.

Management plans to deliver a number of bulk samples to multiple parties for evaluation of larger and longer-term offtake arrangements.

The shredding plant is expected to generate near-term revenue as well as prove the efficacy of the shredding circuit.

Neometals said that 50 tonnes per day of recycling operations are currently the subject of engineering cost studies. This is scheduled to be completed by 30 June 2022.

Neometals share price snapshot

Over the past 12 months, the Neometals share price rocketed by more than 270% for investors.

The company’s shares hit an all-time high of $1.97 at the start of this month, before slightly retracing.

Based on today’s price, Neometals presides a market capitalisation of roughly $967.88 million.

The post Neometals shares seesaw despite positive update 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 Bruce Jackson.

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The Telstra Corporation Ltd (ASX: TLS) share price has had a rough start to 2022.

It’s slumped 4% since the start of this year amid anticipation of its T25 strategy and news its long-term CEO, Andy Penn, will step down in September.

Right now, the company’s stock is trading at $4.04 apiece.

For context, the S&P/ASX 200 Index (ASX: XJO) has also had a rocky start to the year. Today’s 1.6% dip has put it back into the year-to-date red. It’s now 1.5% lower than it was at the start of 2022.

However, the Telstra share price is outperforming its home sector. The S&P/ASX 200 Communication Index (ASX: XTJ) has slumped 9% this year.

But the future might be brighter for the telecommunications giant. Here’s what one top broker is expecting from the Telstra share price and the company’s dividends.

Could owners of Telstra shares be in for a good year?

Telstra, its share price, and its dividends have been plagued by NBN dramas over the last few years, but that seems to be behind the company now.

On releasing its half-year earnings, the company noted this financial year would bring the last of the major negative effects of its transition to the network.

As a result, momentum in its underlying performance is expected to show through in the near future.

At the same time, Telstra will turn to its T25 strategy. And one of the most notable aspects of the plan – for its investors at least –­ regards the company’s dividends.

Over the next three years, the ASX 200 telco giant will seek to maximise fully franked dividends. To do so, it will cut costs and add shareholder value.

So, what sort of dividends and returns are brokers expecting the company to provide in the coming years?

As The Motley Fool Australia’s James Mickelboro recently reported, Morgans is bullish on Telstra’s shares and dividends.

It’s slapped the Telstra share price with a $4.56 price target and an ‘add’ rating.

The top broker is also expecting the telco to pay out 16 cents of dividends per share for this financial year and next.

That’s on the money so far. Telstra declared an 8 cent per share fully franked interim dividend in February.

If both Morgans’ predictions come true, that would leave Telstra with a dividend yield of 3.5%.

The post Can Telstra shares deliver an attractive dividend yield AND 13% upside in 2022? appeared first on The Motley Fool Australia.

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• Here are the 3 most heavily traded ASX 200 shares on Wednesday
• Do experts think the Telstra share price is good value right now?

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 owns and has recommended Telstra Corporation Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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ASX 300 shares are trading down in afternoon trade on Friday with the S&P/ASX 300 Index (ASX: XKO) slipping 160 basis points to 7,470.

Despite the challenges on Australian markets today, three shares have topped their record highs today.

Ramsay Health Care Ltd (ASX: RHC)

Shares in Ramsay are climbing around 1% higher today, extending gains for the past week to 30%. Investors have been piling into the company after it confirmed a $20 billion takeover bid led by private equity giant KKR.

KKR will offer $88 per share in cash to purchase 100% of Ramsay. But there’s more to the deal, according to TMF at the time:

Ramsay will also be allowed to pay shareholders a fully franked special dividend, which would reduce the offer price accordingly. This is so the healthcare giant can distribute all available franking credits to shareholders. Prior to its most recent dividend, Ramsay’s franking account balance was a sizeable $823 million.

Ramsay is largely owned by retail investors, which could have implications on shareholder voting outcomes, a point that Mitch Lawller of TMF recently alluded to.

Since the news broke, the Ramsay share price has spiked more than 30% to nudge past its all-time high, last reached in 2016. So for long-term holders, it’s been more than 5 years to break even from then.

Shopping Centres Australasia Property Group (ASX: SCP)

Shares in SCP have been working their way higher ever since the March selloff in 2020 that followed the pandemic.

In that time, the SCP share price has thrust off a bottom of $2.16 per share and now rests at $3.08 at the time of writing.

Right before the onset of COVID-19, SCP’s share price had set off in a vertical uptrend that saw it run from $2.72 to $3.13 in less than a month.

Prompting gains was the management revising guidance upwards for funds from operations (FFO) per share in the company’s recent half-year earnings.

It forecasts FFO per share of around 17.5 cents, an 18% gain year on year. It also intends to launch a new fund with $750 million in initial capital.

Since releasing its projections in February, the company has seen its share price extend a leg higher and it now trades at all-time highs as well.

John Lyng Group Ltd (ASX: JLG)

Another ASX 300 share marking new all-time highs today is Australia-based building services company, John Lyng Group.

The company’s share price has been on a steady glide upwards over the last 12 months, setting a series of new highs and higher lows in the process.

At the time of writing, it trades at $9.23 apiece, after pushing to an intraday high of $9.34 per share and levelling off soon after.

John Lyng advised that it will lead the Government’s $124 million flood recovery plan in Eastern Australia, adding to its already strong FY22 half-year results, according to previous TMF analysis.

That’s got fund manager and listed investment company (LIC) WAM Research constructive on the stock, it said in recent disclosures.

The John Lyng share price has soared 134% in the last 12 months even after a difficult period this year to date.

The post Despite today’s sell-off, these 3 ASX 300 shares are topping all-time highs appeared first on The Motley Fool Australia.

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• This struggling ASX BNPL share is delisting. What does this mean?

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 owns and has recommended Shopping Centres Australasia Property Group. The Motley Fool Australia has recommended Ramsay Health Care Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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How much were Fortescue Metals Group Limited (ASX: FMG) shares when they were first listed on the ASX? Good question.

Fortescue is now an entrenched iron ore mining giant and ASX 200 blue-chip share. So it’s easy to forget it hasn’t actually been on the ASX for that long, especially compared to some of its peers like BHP Group Ltd (ASX: BHP) and Rio Tinto Limited (ASX: RIO). 

So, Fortescue wasn’t always Fortescue. Before current chair Andrew ‘Twiggy’ Forrest took hold of the company, it was known as Allied Mining and Processing.

Allied Mining and Processing was a fledgling gold miner at the time, but hadn’t had too much success before Twiggy got involved. In fact, a report from The West Australian described Allied Mining and Processing as a “penny dreadful”.

Forrest took charge of the company back in July 2003 and engineered its name change at the same time. He also turned its focus to the red, iron-filled dirt of the Pilbara region of Western Australia.

Fortescue follows the red brick road to fame and fortune

At the time of the ‘new’ Allied Mining and Processing’s first appearance on the ASX under the Fortescue Metals name, it was priced at … just 2 cents a share. A few months before that, this was a one-cent company.

Of course, Fortescue’s current share price of $21.26 (at the time of writing), as well as its all-time high of $26.58, make that initial share price look utterly ridiculous. The rise from 2 cents to today’s price represents a gain of 106,000%.

No wonder Twiggy is now the country’s second-wealthiest person, according to the Australian Financial Review (AFR)’s Rich List. On its most recent estimate, Forrest is now worth $27.25 billion, only behind Gina Rinehart on $31.06 billion.

Fortescue shares have given investors massive returns in recent years. The company is up 7% in 2022 so far, and up 300% over the past five years. That’s on top of the monstrous dividends it has also been paying out in recent years. On the current Fortescue share price, this ASX 200 miner has a trailing dividend yield of 14.03%.

The post How much were Fortescue shares when they first listed on the ASX? 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 Bruce Jackson.

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The Webjet Limited (ASX: WEB) share price has rebounded strongly over the past couple of weeks.

After reaching a low of $5.24 on 12 April, the online travel agent’s shares are on the mend.

At the time of writing, Webjet shares are taking a breather, down 0.82% to $6.07. This means despite the slight retracement; they are up 12.6% over the last two weeks.

What’s driving Webjet shares higher?

As more countries begin to relax their COVID-19 restrictions, ASX investors have become increasingly confident in the sector. Particularly, given that passengers are now able to travel quarantine-free to most destinations.

Subsequently, this has driven the Webjet share price higher due to pent-up demand across the travel market.

And with the world moving on and now accepting to live with the virus, normality is just around the corner.

Webjet has been busy taking advantage of its opportunities while the market has been in a downturn.

In its FY22 first-half results, the company noted that competition has decreased due to financial pressures impacting the travel industry.

As such, management highlighted that the WebBeds business is poised to deliver significant revenue growth.

In particular, Webjet has focused on expanding its domestic offering, with increased penetration into the North American B2B market. This segment is the company’s second biggest market, behind the Asia Pacific region in terms of booking numbers.

Notably, with the Omicron variant decreasing in key markets, this is likely to lead to a bumper performance for Webjet.

Australia, the United Kingdom, Europe and the United States are now almost free of travel restrictions.

Webjet also boosted and optimised its API (application programming interface) connections for key business to consumer (B2C) clients. It stated that the financial strength of the company makes it a trusted partner for hotel suppliers.

All eyes will be on Webjet FY22 results which is scheduled to be reported towards the backend of next month.

Is this a buying opportunity?

The team at Citi upgraded its outlook to buy from neutral, lifting its price target by 0.6% to $6.50 per share. This implies a potential upside of 7% from where Webjet shares trade today.

On the other hand, Macquarie had a bearish tone, cutting its rating on the company’s shares by 4.9% to $5.80. For context, this represents a downside of around 4.5%.

Webjet share price summary

It’s been a rollercoaster 12 months for Webjet investors, with its shares up 13% over the period.

When glancing at the year to date, its shares are up around 17%.

Based on valuation grounds, Webjet has a market capitalisation of around $2.3 billion.

The post The Webjet share price has leapt 12% in 2 weeks. Could this be the start of something?  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 recommended Webjet Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Telix Pharmaceuticals Ltd (ASX: TLX) share price is sliding today and is now 1.96% in the red at $4.51.

Investors appear to have been unimpressed by Telix’s quarterly activities and cash flow report today, with trading volume less than 25% of the four-week average.

Telix share price slips amid product progress

The Telix share price is falling after the company released its activities report for the quarter ended March 31. In terms of cash flow, Telix reported net loss in cash from operations of $33.6 million, with total operating outflows of $36.7 million.

From this amount, it recorded cash receipts of $1.9 million from sales to customers and spent $20 million on research & development (R&D).

Telix launched its prostate cancer imaging product, Illuccix, in the US last quarter. This is “a major focus area”, according to the company. Telix is predicting “a high level of anticipation and customer demand” for the product.

Specifically, Telix’s cash flow statements reveal it has a cash runway – how long its cash will last at the current rate of expenditure – of 5.1 quarters.

But, Telix says, “this number does not include any anticipated revenue from commercial sales of Illuccix, which was successfully launched in the United States on 4 April 2022.”

Judging from this timeline, it appears Telix will start booking revenue from US Illucix sales at some point this year.

The release also states that the first commercial inventory of the product “is available through 117 US pharmacies in the Cardinal Health, PharmaLogic, and United Pharmacy Partners (UPPI) networks”.

Telix also completed enrolment of 252 patients into a Phase 3 study investigating its TLX–250CDx compound for the imaging of clear cell renal cell carcinoma with positron emission topography (PET).

Aside from that, Telix also completed a $175 million institutional placement made of new ordinary shares priced at $7.70 apiece. It will use the funds to finalise late-stage clinical trials and work towards expanding its pipeline.

It also secured 12.1 million Euros (A$18.2 million) in financing for the development of a radiopharmaceutical production facility in Belgium. The facility will be used for R&D in both diagnostic and therapeutic applications, Telix says.

Management commentary

Speaking on today’s results, Telix managing director and CEO Dr Christian Behrenbruch said:

This has been a pivotal quarter for Telix, as we delivered on several major objectives including the Company transformational event of launching our first commercial product and completion of target enrolment for a Phase III clinical trial.

We are strongly encouraged by the level of anticipation and early demand for Illuccix, both in the independent imaging centre and hospital-based segments of the US market, driven by clear inclusion in clinical practice guidelines and, more recently, indicated as a patient selection tool for next-generation prostate cancer therapy. Telix is uniquely positioned to deliver this product on-demand, coast-to-coast across the US

In the last 12 months, the Telix share price has gained 14%. However, it has tanked by more than 41% this year to date.

The post Telix share price slips on quarterly update 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 Bruce Jackson.

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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.

Tesla (NASDAQ: TSLA) just reported a record quarter, and investors are jumping into the stock because of it. Many investors wanting more exposure in the electric vehicle (EV) sector may be wondering if today’s pop means it’s too late to buy Tesla. 

After all, the competition is increasing from both EV start-ups as well as legacy automakers making the transition to electric. But Tesla has been showing that it can navigate headwinds including increasing raw material costs and production delays. For investors with the right mindset, it could still be a good time to buy Tesla shares. 

Valuation has always been the knock on Tesla from those who shunned the stock. After today’s jump, Tesla is being valued with a market cap of about $1.1 trillion. With a net income of about $5.5 billion in 2021, that gives it a trailing price-to-earnings (P/E) ratio of 200. 

But revenue in the first quarter of 2022 soared 81% year over year. And net income in the quarter was $3.3 billion. That elevated P/E will drop quickly if it continues to have results like it just produced. The company itself says it expects vehicle deliveries to be able to grow at a 50% rate annually for several years to come. 

Based on the most recent quarter, that might be a conservative prediction. The company has been able to navigate supply chain challenges successfully so far. Its Shanghai plant was forced to suspend production starting in late March, so those impacts will be known more when the second quarter is reported. 

But its operating execution and brand are enabling it to overcome raw material price inflation, and still report strong profitability and margins. If Tesla is able to ramp up its recently opened facilities in Germany and Texas successfully, and continue to execute as it has, there’s good reason to think that even today’s stock price could provide market-beating returns in the future.

Investors who buy it would need to have patience and expect volatility, however. That might mean it’s not for everyone, but today’s stock jump isn’t a reason on its own to avoid the stock. 

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

The post Is it too late to buy Tesla shares? appeared first on The Motley Fool Australia.

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Howard Smith has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns and has recommended Tesla. 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 Bruce Jackson.

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

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