Tag: Motley Fool

  • Analysts name 2 ASX 200 dividend shares to buy

    Happy young man and woman throwing dividend cash into air in front of orange background

    With interest rates at such low levels, income investors may want to look at the dividend shares listed below for a source of income.

    Here’s why these two ASX 200 dividend shares have been rated as buys:

    Commonwealth Bank of Australia (ASX: CBA)

    The first ASX 200 dividend share for investors to consider is Australia’s largest bank, CBA.

    While weakness in its net interest margin due to intense competition for home loans has weighed on its shares recently, the team at Bell Potter believe it is worth sticking with the bank.

    Its analysts like CBA due to its leadership position in home lending and retail deposits. Bell Potter also notes that its strategic strengths of scale, brand, and diversification are supported by an irreplaceable infrastructure comprising over 1,100 branches, 3,800 Australia Post agencies, and nearly 3,600 ATMs. All in all, this bodes well for its future growth when trading conditions normalise.

    Bell Potter currently has a buy rating and $111.00 price target on the bank’s shares. As for dividends, the broker is forecasting fully franked dividends per share of $3.94 in FY 2022 and $4.15 in FY 2023. Based on the current CBA share price of $102.65, this will mean yields of 3.8% and 4%, respectively.

    Suncorp Group Ltd (ASX: SUN)

    Another ASX 200 dividend share that could be in the buy zone is Suncorp. It is the banking and insurance giant behind a number Australia and New Zealand’s most recognised financial brands. These include AAMI, Apia, Bingle, GIO, Shannons, Vero, and the eponymous Suncorp brand.

    Goldman Sachs is positive on the company’s shares at the current level. The broker currently has a buy rating and $13.74 price target on them. As for dividends, Goldman is forecasting attractive dividend yields in the coming years. It has pencilled in fully franked dividends per share of 61 cents in FY 2022 and 73 cents in FY 2023.

    Based on the current Suncorp share price of $11.60, this will mean yields of 5.25% and 6.3%, respectively.

    The post Analysts name 2 ASX 200 dividend shares to buy appeared first on The Motley Fool Australia.

    Wondering where you should invest $1,000 right now?

    When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

    *Returns as of August 16th 2021

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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 Bruce Jackson.

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  • Here’s what this broker thinks of the ResMed (ASX:RMD) share price

    Two male ASX 200 analysts stand in an office looking at various computer screens showing share prices

    The ResMed Inc. (ASX: RMD) share price has been a strong performer over the last 12 months.

    During this time, the sleep treatment specialist’s shares have risen 20%.

    This is almost twice the return of the S&P/ASX 200 Index (ASX: XJO) over the same period.

    Where next for the ResMed share price?

    The team at Goldman Sachs has been running the rule over the ResMed share price following its appearance at the GS Healthcare CEOs Unscripted Conference 2022.

    And while the broker has only retained its neutral rating on ResMed’s shares, its price target of $37.20 implies attractive potential upside of 10.5% over the next 12 months.

    What did the broker say?

    According to the note, ResMed sees clear scope for tailwinds from the Philips recall to persist beyond 2022. Goldman highlights that the company has run various scenarios on how and when Philips will return to market as it continues to execute on its product recall.

    Goldman commented: “Whilst RMD acknowledges some risk that PHIA [Philips] may choose to complete strongly on price as/when it does return to market, it sees a far greater likelihood that any share gains recovered will be far more easily done so from the secondary/tertiary players that have also benefited from the current disruption.”

    However, its analysts note that current supply chain challenges for semiconductors are restricting ResMed’s opportunity.

    The broker explained: “RMD stated that the $300-350m recall tailwind guided for FY22 would be substantially higher were it not for challenges around component availability (we estimate approximately double). Management reiterated commentary from the 1Q22 result in October, stating that the availability of components and outbound distribution could contribute to incremental challenges in both 2Q and 3Q (sequentially vs. 1Q), but remains confident in conditions improving from 4Q.”

    This is being compounded by elevated freight and distribution costs. Though, pricing has been strong and looks set to offset much of this.

    Finally, Goldman highlights that new diagnoses are averaging 90% to 100% of pre-pandemic levels across its global business despite Omicron, its software as a service business is on track to return to growth in FY 2022, and management believes it has a big opportunity with its home-based nasal high-flow therapy.

    The post Here’s what this broker thinks of the ResMed (ASX:RMD) share price appeared first on The Motley Fool Australia.

    Should you invest $1,000 in ResMed right now?

    Before you consider ResMed, you’ll want to hear this.

    Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and ResMed wasn’t one of them.

    The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

    *Returns as of August 16th 2021

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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 ResMed Inc. 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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  • Top ASX dividend shares to buy in 2022

    A business woman holding a wad of cash celebrates a dividends windfall

    Over the last couple of years, decent returns from term deposits have been harder to find than an Aussie visa at a tennis tournament. As a result, investors have been increasingly looking to ASX dividend shares as a potential source of income. Now that 2022 is upon us, we asked our Foolish contributors to compile a list of some of the ASX dividend shares experts are picking as solid investments this year. Here’s what the team came up with…

    Tristan Harrison: Washington H. Soul Pattinson and Co. Ltd (ASX: SOL)

    Soul Pattinson is the ASX share with the longest, consecutive growth in its annual dividend. The company has grown its dividend payments every year since 2000.

    Sol Patts has a diversified portfolio that is predominately defensive and largely uncorrelated, giving it reliable cash flow to pay growing dividends. The company is invested in telecommunications, resources, building products, property, agriculture, financial services, and more.

    Soul Pattinson regularly invests in opportunities to grow its cash flow, capital value and dividend. It is looking at themes like healthcare, the energy transition, agriculture, financial services, and education.

    Based on the Sol Patts share price of $30.13 at Friday’s close, the company offers a grossed-up dividend yield of approximately 3%.

    Motley Fool contributor Tristan Harrison owns shares of Washington H. Soul Pattinson and Co. Ltd.

    Brooke Cooper: Accent Group Ltd (ASX: AX1)

    Accent Group operates more than 600 stores and 20 online platforms, spread across 26 brands. Those who frequent Australian shopping centres will likely be familiar with its businesses, which include Skechers, Platypus, and Hype.

    Accent Group ended financial year 2021 with an additional 83 stores and is on track to operate more than 700 stores this financial year.

    The company’s dividends are fully franked and represent a 4.84% yield based on the Accent Group share price of $2.33 at the close of trade on Friday. Additionally, UBS has slapped the company’s shares with a $3 price target, representing possible upside of almost 30%.

    Motley Fool contributor Brooke Cooper does not own shares of Accent Group Ltd.

    Sebastian Bowen: Westpac Banking Corp (ASX: WBC)

    Westpac is an ASX divided share that might be worth a look at as we start the new year. As one of the big four ASX 200 bank shares, Westpac has long held a reputation for being a dividend heavyweight.

    Despite an unwelcome interruption to this stream of dividends in 2020 due to the COVID-19 pandemic, Westpac rebounded with a vengeance last year. Its two most recent dividend payments give this bank a trailing dividend yield of 5.43% on current pricing, the highest of the ASX banking sector. Grossed up with Westpac’s full franking, the bank currently offers a yield of more than 7.76%.

    Motley Fool contributor Sebastian Bowen does not own shares of Westpac Corp.

    Bernd Struben: Super Retail Group Ltd (ASX: SUL)

    Super Retail Group ranks among Australia’s 10 biggest retail companies, with a market capitalisation of around $2.7 billion. The company’s four retail brands – Supercheap Auto, Rebel Sport, BCF (Boating, Camping and Fishing), and Macpac – target a broad customer base of motoring, sporting and outdoor enthusiasts.

    Super Retail Group has more than 670 retail stores and 12,000 employees across its Australian, New Zealand and Chinese operations. Its online sales are also growing strongly. The company has a strong balance sheet and trades at a trailing price-to-earnings (P/E) ratio of 9.50 times.

    Based on the Super Retail Group share price of $12.05 at Friday’s close, the company pays a dividend yield of around 7.3%, fully franked.

    Motley Fool contributor Bernd Struben does not own shares of Super Retail Group Ltd.

    Aaron Teboneras: Dicker Data Ltd (ASX: DDR)

    Dicker Data is an Australian distributor of computer hardware, software, and related products. Its vendor partners include many of the world’s leading IT names.

    Dicker Data services approximately 7,000 retailers which, in turn, sell to clients ranging from small and medium-sized enterprises to large corporate businesses.

    In its third-quarter update, the company reported double-digit growth for both total revenue and profit before tax. Over the past 12 months, Dicker Data has delivered dividends totalling 37.5 cents. This represents a dividend yield of 2.73%, based on Friday’s closing share price of $13.69. Furthermore, the Dicker Data share price has jumped more than 30% since this time last year.

    Motley Fool contributor Aaron Teboneras does not own shares of Dicker Data Ltd.

    James Mickleboro: Woodside Petroleum Limited (ASX: WPL)

    This energy producer has been tipped as a buy by the team at Morgans. This is partly due to its impending merger with the petroleum assets of BHP Group Ltd (ASX: BHP). Morgans believes the merger is transformative and that Woodside is getting the better end of deal.

    The broker currently has an add rating and $29.95 price target on the company’s shares. It is also forecasting fully-franked dividends of $1.21 per share in FY 2022 and then $1.06 per share in FY 2023. Based on the Woodside share price of $22.70 at Friday’s close, this will mean yields of around 5.3% and 4.7%, respectively.

    Motley Fool contributor James Mickleboro does not own shares of Woodside Petroleum Limited.

    The post Top ASX dividend shares to buy in 2022 appeared first on The Motley Fool Australia.

    Wondering where you should invest $1,000 right now?

    When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

    *Returns as of August 16th 2021

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    The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns and has recommended Dicker Data Limited, Super Retail Group Limited, and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia owns and has recommended Dicker Data Limited, Super Retail Group Limited, and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia has recommended Accent Group and Westpac Banking Corporation. 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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  • 5 things to watch on the ASX 200 on Monday

    Investor sitting in front of multiple screens watching share prices

    On Friday the S&P/ASX 200 Index (ASX: XJO) finished a volatile week on a positive note. The benchmark index rose 1.3% to finish the week at 7,453.3 points.

    Will the market be able to build on this on Monday? Here are five things to watch:

    ASX 200 expected to edge higher

    The Australian share market looks set to start the week on a mildly positive note. According to the latest SPI futures, the ASX 200 is expected to open the day 2 points higher this morning. This follows a poor end to the week on Wall Street, which saw the Dow Jones trade flat, the S&P 500 fall 0.4%, and the Nasdaq drop 1%.

    Oil prices fall

    Energy producers such as Santos Ltd (ASX: STO) and Woodside Petroleum Limited (ASX: WPL) will be on watch after oil prices finished the week in the red. According to Bloomberg, the WTI crude oil price fell 0.7% to US$78.90 a barrel and the Brent crude oil price dropped 0.3% to US$81.75 a barrel. This couldn’t stop oil prices recording strong weekly gains amid Kazakh and Libyan concerns.

    Treasury Wine shares rated neutral

    The Treasury Wine Estates Ltd (ASX: TWE) share price could be fully valued according to the team at Goldman Sachs. This morning the broker retained its neutral rating and lifted its price target on the wine giant’s shares to $11.80. While the broker was pleased with its acquisition of Frank Family Vineyards, it notes that industry data updates remain weak.

    Gold price higher

    Gold miners Newcrest Mining Limited (ASX: NCM) and Northern Star Resources Ltd (ASX: NST) could start the week on a positive note after the gold price pushed higher on Friday night. According to CNBC, the spot gold price rose 0.45% to US$1,787.40 an ounce. The gold price pushed higher after weaker than expected US jobs data.

    ResMed rated neutral

    ResMed Inc. (ASX: RMD) shares have also been given a neutral rating and $37.20 price target this morning by Goldman Sachs. This follows the company’s appearance at one of the broker’s Healthcare Conferences. Goldman notes that management sees clear scope for tailwinds from a competitor recall to persist beyond 2022. Though, supply chain challenges continue to restrict the opportunity and elevated freight/distribution costs remain a key margin headwind.

    The post 5 things to watch on the ASX 200 on Monday appeared first on The Motley Fool Australia.

    Wondering where you should invest $1,000 right now?

    When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

    *Returns as of August 16th 2021

    More reading

    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 ResMed Inc. and Treasury Wine Estates 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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  • 2 growing small cap ASX shares to watch

    A young female investor stands in her home office looking at her ipad and smiling as she sees her Tesserent shares going up after acquisitions were completed

    Investing in the small side of the share market carries more risk than other areas. However, if your risk tolerance allows for it, having a bit of exposure to this side could be a good thing for a balanced portfolio given the potential returns on offer.

    With that in mind, here are two small cap ASX shares that could be worth watching closely. Both have been tipped to climb notably higher from current levels. They are as follows:

    Ai-Media Technologies Ltd (ASX: AIM)

    The first small cap ASX share to watch is Ai-Media Technologies. It is a global media access provider with operations across the ANZ, North American, EMEA and Asia markets. The company’s cloud-based technology platform provides live and recorded captioning, transcription, subtitles, translation and speech analytics.

    These services are in great demand from end users. As a result, at the last count, Ai-Media Technologies was delivering 7 million minutes of live and recorded media content, and online events and web streams each month. Bell Potter is positive on the company. It currently has a buy rating and $1.50 price target Ai-Media Technologies’ shares. This is more than double the current Ai-Media Technologies share price of 70 cents.

    SILK Laser Australia Limited (ASX: SLA)

    Another small cap ASX share to watch closely is SILK Laser. It is one of Australia’s largest specialist clinic networks, offering a range of nonsurgical aesthetic products and services. SILK’s five core offerings comprise laser hair removal, cosmetic injectables, skin treatments, body contouring and skincare products.

    SILK has also been experiencing strong demand for its services, despite the pandemic. This has underpinned stellar sales and profit growth since its IPO. The good news is that management still sees significant room to expand its clinic over the next decade to drive further growth. Wilsons is bullish on SILK and has an overweight rating and $5.25 price target on its shares. This compares to the latest SILK share price of $4.21.

    The post 2 growing small cap ASX shares to watch appeared first on The Motley Fool Australia.

    Wondering where you should invest $1,000 right now?

    When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

    *Returns as of August 16th 2021

    More reading

    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 SILK Laser Australia 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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  • Are these 2 ASX tech shares good buys in January?

    Green keyboard button saying buy stock

    ASX tech shares could be the right place to find opportunities in January 2022.

    There has been a lot of volatility over the last couple of months, with some businesses dropping (close) to multi-month lows.

    High-quality businesses that are growing quickly with big margins could be very attractive for the long-term after a bit of a bump.

    Keeping that in mind, here are two leading ideas:

    Xero Limited (ASX: XRO)

    Xero is a leading cloud accounting business with operations globally. It has a sizeable presence in several places including Australia, the UK, New Zealand, the USA, Singapore and South Africa. Canada is another country that Xero wants to build a large presence.

    In terms of the profit margin, it isn’t making much of a net profit because the ASX tech share is prioritising the long-term by re-investing for growth.

    However, Xero does have a very high gross profit margin – in the first half of FY22 that margin increased 1.4 percentage points to 87.1%. This means that most of the revenue falls to the earnings before interest, tax, depreciation and amortisation (EBITDA) line.

    In terms of growth, Xero is rapidly growing operationally and this is coming through in the financial numbers.

    Subscribers are growing, in HY22 the total subscribers rose 23% to 3.01 million. Australia had 1.24 million subscribers and the UK had 785,000 subscribers, being the two regions with the largest subscriber totals.

    The subscriber growth is helping annualised monthly recurring revenue (AMRR) rise even faster, which saw 29% growth to NZ$1.13 billion. This was also helped by a 5% increase in the average revenue per user to NZ$31.32.

    Xero has been making acquisitions to add significant product and talent capabilities to Xero, as well as new revenue streams and enter new categories. Three of the ASX tech share’s acquisitions have been Planday, Tickstar and Waddle.

    The Xero share price is at a multi-month low.

    Volpara Health Technologies Ltd (ASX: VHT)

    Volpara Health is a healthcare business that offers a breast health platform. Its software can be integrated into various parts of clinics including risk analysis, decision making, administration and so on.

    It has already built a large market position in the US through both organic growth and acquisitions such as CRA Health. Around 34% of US women who had a breast scan had a Volpara product applied on their images and data.

    Volpara has an even higher gross profit margin than Xero. In the first six months of HY22 the margin was 91.4%. Revenue is also growing very quickly – there was an increase of 30% to NZ$12.3 million in the first six months of FY22 (it was a 38% increase in constant currency terms).

    The ASX tech share is continually attracting accolades with certifications and peer-reviewed articles.

    Volpara is working on expanding its electronic health record (EHR) sales channel as well as increasing its average revenue per user (ARPU).

    Over the long-term, growth in its lung screening software could lead to this segment developing into a sizeable part of the business. It thinks the lung screening market in the US alone could be worth over US$400 million of annual recurring revenue (ARR).

    In FY22, Volpara is expecting revenue to grow by over 25% to be more than NZ$25 million.

    The Volpara share price is close to its 52-week low.

    The post Are these 2 ASX tech shares good buys in January? appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Xero right now?

    Before you consider Xero, you’ll want to hear this.

    Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Xero wasn’t one of them.

    The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

    *Returns as of August 16th 2021

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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. owns and has recommended VOLPARA FPO NZ and Xero. The Motley Fool Australia owns and has recommended VOLPARA FPO NZ and Xero. 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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  • Citi rates these 2 ASX dividend shares as buys

    Couple counting out money

    Are you looking for dividend shares to buy next week? If you are, then you might want to look at the shares listed below that Citi rates as buys.

    Here’s what you need to know about these dividend shares:

    Charter Hall Long WALE REIT (ASX: CLW)

    The Charter Hall Long Wale REIT manages a wide range of listed and unlisted property funds for institutional and retail investors with a focus on office, industrial, and retail sectors.

    It recently added to its portfolio with the acquisition of ALE Property with Hostplus for ~$1.7 billion. ALE owns a portfolio of ~78 pub properties across the five mainland states that are all leased to ALH Group, which is part of Endeavour Group Ltd (ASX: EDV).

    The team at Citi is positive on Charter Hall Long Wale REIT. It currently has a buy rating and $5.59 price target on its shares.

    The broker is also forecasting dividends per share of 31 cents in FY 2022 and 32 cents in FY 2023. Based on the current Charter Hall Long Wale REIT share price of $5.04, this will mean yields of 6.15% and 6.35%, respectively.

    Rio Tinto Limited (ASX: RIO)

    Rio Tinto is of course one of the world’s largest miners with a portfolio of assets across a range of commodities. These include aluminium, copper, diamonds, energy, iron ore, and lithium. The latter follows the recent acquisition of the Rincon operation in Argentina for US$825 million.

    Citi believes that this acquisition confirms Rio Tinto’s ambition to be a serious player in lithium/battery materials. And given the favourable outlook for lithium, this bodes well for the mining giant’s future free cash flows.

    In the meantime, though, Citi expects them to be strong enough to provide investors with very generous dividends in FY 2022 and FY 2023. It is forecasting fully franked dividends per share of $9.62 and $8.03, respectively. Based on the current Rio Tinto share price of $103.63, this will mean yields of 9.3% and 7.8% over the next two years.

    Citi has a buy rating and $115.00 price target on the company’s shares.

    The post Citi rates these 2 ASX dividend shares as buys appeared first on The Motley Fool Australia.

    Wondering where you should invest $1,000 right now?

    When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

    *Returns as of August 16th 2021

    More reading

    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 Bruce Jackson.

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  • Top brokers name 3 ASX shares to buy next week

    ASX 200 shares to buy A clockface with the word 'Time to Buy'

    With most brokers still taking a well-earned break, notes are few and far between currently.

    In light of this, listed below are a few recent broker recommendations that remain relevant today. Here’s why brokers think investors should buy these ASX shares:

    CSL Limited (ASX: CSL)

    According to a note out of Macquarie, its analysts have an outperform rating and $338.00 price target on this biotherapeutics giant’s shares. This follows news that CSL is acquiring Vifor Pharma for $17 billion. Macquarie expects the deal to be earnings per share accretive from FY 2023. The broker also sees opportunities for CSL to scale and grow Vifor’s renal business to underpin its longer term growth. The CSL share price was trading at $282.40 on Friday.

    Life360 Inc (ASX: 360)

    A note out of Morgan Stanley reveals that its analysts have an overweight rating and $16.50 price target on this app maker’s shares. According to the note, the broker was pleased with Life360’s decision to acquire personal items tracking company Tile for US$205 million (A$282.8 million). It expects the deal to widen the company’s target market and offer further cross sell and upsell opportunities. The Life360 share price was fetching $8.35 at the end of the week.

    NEXTDC Ltd (ASX: NXT)

    Another note out of Macquarie reveals that its analysts have an outperform rating and $16.10 price target on this data centre operator’s shares. This follows news that NEXTDC has just acquired its first edge data centre. The new centre is located in Maroochydore on the Sunshine Coast but could be the first of many. Macquarie sees a big opportunity in edge data centres. It notes that these centres service regional areas and have the potential to offer greater returns than current centres in capital cities. The NEXTDC share price was trading at $11.66 at Friday’s close.

    The post Top brokers name 3 ASX shares to buy next week appeared first on The Motley Fool Australia.

    Wondering where you should invest $1,000 right now?

    When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

    *Returns as of August 16th 2021

    More reading

    Motley Fool contributor James Mickleboro owns Life360, Inc. and NEXTDC Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns and has recommended CSL Ltd. and Life360, Inc. 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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  • These ASX dividend shares keep giving investors a payrise

    Telstra dividend upgrade best asx share price dividend growth represented by fingers walking along growing piles of coins upgrade

    There are some ASX dividend shares that continue to give shareholders income payrises every year.

    During the biggest COVID-19 impacts in 2020, plenty of companies ended up cutting their dividend such as Commonwealth Bank of Australia (ASX: CBA), Sydney Airport Holdings Ltd (ASX: SYD) and Scentre Group (ASX: SCG).

    However, a select few managed to grow the dividend during that time and has continued the increases.

    These are two of them:

    Sonic Healthcare Ltd (ASX: SHL)

    Sonic Healthcare is an international healthcare provider with specialist operations in laboratory medicine, pathology, radiology, general practice medicine and corporate medical services. It has a presence in Australasia, Europe and North America.

    The healthcare company has grown its dividend every year over the past decade. Sonic’s board has a progressive dividend policy. Sonic increased its final dividend by 8%. The full year dividend was increased by 7% year on year.

    Sonic continues to experience profit margin improvement, leading to faster profit growth compared to revenue. It’s responsible for carrying out enormous amounts of COVID tests by utilising existing infrastructure, leading to operating leverage.

    FY21 saw revenue increased 28% to $8.8 billion, earnings before interest, tax, depreciation and amortisation (EBITDA) grew 81% to $2.6 billion and net profit went up 149% to $1.3 billion.

    In the first four months of FY22, the ASX dividend share’s revenue was up 5% whilst EBITDA had gone up 16% to $991 million.

    Whilst COVID testing is helping current revenue and profit, the base (non-COVID) business continues to grow – revenue was up 6% year on year in the first four months of FY22.

    According to Commsec, the Sonic share price is valued at 16x FY22’s estimated earnings. The potential dividend is projected to grow to an annual payment of $1.13.

    APA Group (ASX: APA)

    APA is another business that has been growing the income payment to shareholders.

    It has increased its distribution every year for the last decade and a half and this growth has been funded by the rising operating cashflow of the business.

    APA is a large energy infrastructure business with assets across a huge national gas pipeline, gas storage, renewable energy and gas power generation. It has 15,000 kilometres of natural gas pipelines connecting sources of supply and markets across mainland Australia. APA delivers half of the nation’s natural gas usage.

    It continues to look for new opportunities to invest and grow its asset base which is expected to lead to stronger cashflow and bigger distributions in the future.

    APA has been on the hunt for growth opportunities. It thinks there huge opportunities in things like renewable energy, electricity transmission and hydrogen. The business is on the hunt in the USA for potential growth opportunities too. 

    The ASX dividend share is expecting to grow its distribution to $0.53 per unit in FY22, translating to a distribution yield of 5.2%.

    The post These ASX dividend shares keep giving investors a payrise 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 no position in any of the stocks mentioned. The Motley Fool Australia owns and has recommended APA Group. The Motley Fool Australia has recommended Sonic Healthcare 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 the Bitcoin (CRYPTO:BTC) price performed in 2021

    Concept image of Bitcoin and hand using laptop.

    The Bitcoin (CRYPTO: BTC) price plunged towards the end of the week as the market was gripped by new fears that interest rates would rise soon.

    The flagship cryptocurrency slumped on Thursday following the release of minutes from the US Federal Reserve’s meeting before falling further on Friday. By the time the ASX closed on Friday, Bitcoin was down around 39% from its November peak.

    But believe it or not, 2021 was actually a pretty good year for Bitcoin holders. During the calendar year, the value of Bitcoin rose 71.25%.

    That’s a sensational return by any asset class’ measure.

    Volatile journey, but still a nice return for 2021

    DeVere Group chief executive Nigel Green said during the week that investors with a long-term horizon should ignore the temporary dips and crypto critics.

    “For the third consecutive year, Bitcoin has outperformed both stocks and gold.”

    He called the Thursday sell-off a “knee-jerk” reaction to the minutes from the US Federal Reserve meeting.

    “I believe that we will see Bitcoin robustly rebound as the dust settles,” he said.

    “This is because Bitcoin and other digital currencies are widely regarded as a shield against inflation mainly due to its limited supply, which is not influenced by its price.”

    Bitcoin is limited to a hard cap of 21 million coins, which is programmed into the software.

    The value of Bitcoin ended 2021 at $63,594. During the year it smashed the $90,000 barrier before making a descent in the last 7 weeks.

    Green reminded punters that markets, whether they be shares or cryptos, “never move in a straight line” and that Bitcoin would “revert to an upward trajectory”.

    “For people who are serious about building long-term wealth, this temporary volatility will be viewed as most other bouts of market turbulence: a buying opportunity.”

    2021 was the year when Bitcoin hit the mainstream

    The year 2021 will be viewed as the time when institutional investors finally warmed to Bitcoin.

    Large companies like Tesla Inc (NASDAQ: TSLA) and MicroStrategy Incorporated (NASDAQ: MSTR) publicly revealed that some of their asset holdings were in cryptocurrency.

    Then, both abroad and in Australia, exchange-traded funds (ETFs) that tracked the fortunes of the crypto industry were established. This allowed stock investors to nab a piece of the action without directly purchasing crypto.

    El Salvador even became the first country to accept Bitcoin as legal tender. Experts are predicting other lower-income nations will follow in 2022.

    “Like many major corporations, financial institutions, governments, prestigious universities, and household-name investing legends, I’m confident that digital currencies are the inevitable future of money,” said Green.

    “In our increasingly tech-driven, globalised world, it makes sense to hold digital, borderless, decentralised currencies.”

    The post How the Bitcoin (CRYPTO:BTC) price performed in 2021 appeared first on The Motley Fool Australia.

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    Motley Fool contributor Tony Yoo owns Bitcoin. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Bitcoin. 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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