Tag: Motley Fool

  • 2 ASX dividend shares with attractive yields

    blockletters spelling dividends bank yield

    The good news for income investors in this low interest rate environment, is that there are plenty of ASX shares offering attractive dividend yields.

    Two such shares are listed below. Here’s what you need to know about them and their dividends:

    BWP Trust (ASX: BWP)

    The first ASX dividend share to look at is this commercial property company.

    BWP was formerly owned by Woolworths Group Ltd (ASX: WOW), which remains a major shareholder today. It has a focus on warehouses and is the largest owner of Bunnings Warehouse properties.

    While having such a reliance on a single customer is ordinarily a risk, as Bunnings is owned by Woolworths, it seems unlikely that the retail giant would do anything such as mass lease exits that would negatively impact its investment.

    Especially given how Woolworths has been generating significant passive income from BWP thanks to generous dividend payments. For example, in FY 2021, BWP paid an 18.29 cents per unit distribution. It also plans to pay a similar distribution this year. Based on the current BWP share price of $4.23, this will mean a 4.3% dividend yield.

    National Storage REIT (ASX: NSR)

    Another ASX dividend share to look at is National Storage. It is Australasia’s largest self-storage provider, tailoring self-storage solutions to residential and commercial customers at over 200 storage centres across Australia and New Zealand.

    Thanks to a combination of organic growth and the benefits of acquisitions, National Storage was on form in FY 2021 and reported a 28% increase in underlying earnings to $86.5 million. This allowed the National Storage Board to declare a full year distribution of 8.2 cents per share.

    Looking ahead, management expects to grow its underlying earnings per share by 10% in FY 2022. If its distribution increases in line with its earnings, this would lead to a distribution of 9.02 cents per share. Based on the current National Storage share price of $2.67, this represents a yield of 3.4%.

    The post 2 ASX dividend shares with attractive yields 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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  • 5 things to watch on the ASX 200 on Friday

    Investor sitting in front of multiple screens watching share prices

    On Thursday, the S&P/ASX 200 Index (ASX: XJO) fought hard to record the smallest of gains. The benchmark index rose 3.6 points to 7,513.4 points.

    Will the market be able to build on this on Friday and end the year on a high? Here are five things to watch:

    ASX 200 expected to rise

    The Australian share market looks set to end the week on a positive note. According to the latest SPI futures, the ASX 200 is expected to open the day 9 points or 0.1% higher this morning. This follows a solid night of trade on Wall Street, which late on sees the Dow Jones up 0.1%, the S&P 500 up 0.1% and the Nasdaq up 0.45%.

    ASX opening hours

    Today is New Year’s Eve and, as per previous years, trading will finish earlier than normal. You’ll need to make sure you get your trades in before 14:00 Eastern Standard Time or you’ll miss out. The ASX share market will then be closed until Tuesday 4 January.

    Oil prices mixed

    It could be a subdued end to the week for energy shares such as Santos Ltd (ASX: STO) and Woodside Petroleum Limited (ASX: WPL) after a mixed night for oil prices. According to Bloomberg, the WTI crude oil price is up 0.3% to US$76.77 a barrel and the Brent crude oil price is down 0.1% to US$79.14 a barrel. Traders appear undecided on where oil prices are heading from here due to Omicron.

    Lynas’ Malaysian update

    The Lynas Rare Earths Ltd (ASX: LYC) share price will be on watch today after providing an after-hours update on its Malaysian operation. Lynas advised that the Malaysian permanent disposal facility for Water Leach Purification residue has received environmental approval from the relevant Malaysian regulatory authorities. This removes a major risk the company was facing.

    Gold price rises

    Gold miners Newcrest Mining Ltd (ASX: NCM) and St Barbara Ltd (ASX: SBM) could have a good finish to the week after the gold price pushed higher. According to CNBC, the spot gold price is up 0.5% to US$1,814.2 an ounce. The gold price edged higher after Treasury yields softened.

    The post 5 things to watch on the ASX 200 on Friday 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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  • Analysts rate these ASX 200 dividend shares as buys

    It's raining cash for this man, as he throws money into the air with a big smile on his face.

    If you’re looking to beat low interest rates with some dividend shares, then you may want to look at the ones listed below.

    Here’s why these ASX 200 dividend shares are rated as buys:

    BHP Group Ltd (ASX: BHP)

    The first ASX dividend share to look at is BHP.  This mining giant could be a top option for income investors thanks to the diversity of its world class operations and the strong free cash flow they generate.

    Morgans is a fan of the company and has an add rating and $45.70 price target on its shares.

    It recently commented: “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.”

    As for dividends, the broker has pencilled in fully franked dividends of $3.42 per share in FY 2022 and $2.45 in FY 2023. Based on the current BHP share price of $41.68, this will mean yields of 8.2% and 5.9%, respectively.

    National Australia Bank Ltd (ASX: NAB)

    Another ASX 200 dividend share for income investors to consider is NAB. The team at Bell Potter is positive on the banking giant and has a buy rating and $32.00 price target on its shares.

    The broker said: “NAB is now the second largest major bank by market capitalisation. The payout ratio is now close to its maximum, being 65-75% of cash earnings. ROE was 10.7% in FY21 and still climbing, while CET1 ratio was 13% and ahead of the 10.75-11.25% target range. The bank still intends to return surplus capital, being 40% complete. The acquisition of 86 400 plus the proposed acquisition of Citigroup’s Australian consumer business will see the bank achieve scale in digital and consumer banking offerings.”

    The broker is forecasting dividends per share of 132.5 cents in FY 2022 and then 134.5 cents in FY 2023. Based on the current NAB share price of $29.32, this equates to fully franked yields of 4.5% and 4.6%, respectively.

    The post Analysts rate these ASX 200 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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  • Why did Syrah Resources (ASX:SYR) share price jump 7% today?

    A young man wearing glasses and a denim shirt sitting at his desk and raises his fists and screams with delight as he watches his ASX shares go up in value on his laptop

    The Syrah Resources Ltd (ASX: SYR) share price has shot up again today off the back of its agreement with electric car giant, Tesla, Inc (NASDAQ: TSLA).

    With no further news released today, the minerals and technology company appears to be basking in the afterglow of its significant deal.

    At the close of trade today, the Syrah share price was up 6.83% at $1.80 apiece. This followed yesterday’s lift of 3.3%. Let’s take a closer look at the latest news.

    What’s the deal?

    Last week, the company detailed an offtake agreement with Tesla in which it would supply natural graphite from its vertically integrated activity anode material (AAM) production facility in Vidalia, Georgia, in the United States.

    Yesterday, the mineral and technology company gave more detail on the agreement, saying the collaboration would be subject to both parties agreeing to the final specifications of the offtake by no later than 31 December next year.

    Under the terms, the product must be to Tesla’s satisfaction by no later than 31 May 2025.

    The agreement may also be subject to termination should the project not be up and running by exactly a year prior.

    If satisfied with the above conditions, Tesla will offtake 8kt of expansion at Syrah’s US facility per annum, which compares to the 10kt initially planned.

    Syrah share price snapshot

    This year has been a positive one for the Syrah share price, which has seen a massive jump of 87.5% since January.

    Based on its current share price, the company has a market capitalisation of more than $897 million.

    The post Why did Syrah Resources (ASX:SYR) share price jump 7% today? 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 Alice de Bruin 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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  • Bank of Queensland (ASX:BOQ) hoses down Humm (ASX:HUM) takeover rumours

    an attractive woman gives a time out signal with her hands, holding them in a T shape, indicating a trading halt.

    The Bank of Queensland Limited (ASX: BOQ) share price recovered slightly in afternoon trade after falling overall today. The lift came after the major bank hosed down speculation on a potential takeover of buy now, pay later (BNPL) player, Humm Group Ltd (ASX: HUM).

    Bank of Queensland shares closed at $8.20 today, down 0.37%. Meanwhile, the Humm share price went gangbusters and was up 5%, trading at 93.5 cents at the market close.

    Let’s take a look at what may have weighed into investor sentiment on the companies today.

    Takeover speculation

    Bank of Queensland released a short statement in response to an article in News Corp titles today suggesting the bank had engaged Goldman Sachs to assist with “early discussions” to take over the BNPL company.

    Earlier this month, Humm advised it has received “third party interest” to acquire all or part of the company. However, no details on these potential companies have been released. Humm advised at the time it would engage on these proposals to find out if they were in the best interests of the company and its shareholders.

    In a statement to the market on Thursday afternoon, the Bank of Queensland shut down talk it was involved in the proposal, saying:

    Bank of Queensland Limited notes the media speculation overnight regarding a possible transaction between BOQ and Humm. BOQ is not pursuing the transaction as speculated in the media article.

    Investors appeared to react positively to this news, with the share price jumping from $8.13 to $8.20 following the announcement, nearly a 1% gain. Meanwhile, Humm’s share price dropped from 98 cents to 93.5 cents following the update, a 4.6% drop.

    As my Foolish colleague James has noted, the Humm board suggested there was no assurance any transaction would occur. Further, the company remained profitable and had no corporate debt. In fact, the board felt that the company’s shares were undervalued.

    Share price recap

    The Bank of Queensland share price is up 9.11% year to date and rising 7.85% over the past 12 months. In the past month, it has gained 5.67%, while it is up 2.63% in the past week.

    Meanwhile, the Humm share price is down almost 17% year to date and more than 18% in the past 12 months. Despite this, it’s gained 22% in the past month and 3.3% in the past week.

    In comparison, the S&P/ASX 200 Index (ASX: XJO) has returned more than 12% in the past year.

    The post Bank of Queensland (ASX:BOQ) hoses down Humm (ASX:HUM) takeover rumours appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Bank of Queensland right now?

    Before you consider Bank of Queensland, 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 Bank of Queensland 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

    More reading

    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 Humm Group 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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  • 20% in a week: Here’s why the Genetic Signatures (ASX:GSS) share price soared today

    Female scientist in lab examines coronavirus vaccine

    Shares in molecular diagnostics company Genetic Signatures Ltd (ASX: GSS) finished the day strong and closed 12.5% in the green at $1.75.

    Today’s gain extends an impressive run the company has been on over the past week. Specifically, investors have been piling into Genetic Signatures after it released an investor update last week. Here are the details.

    Why did the Genetic Signatures share price charge higher?

    Genetic Signatures released an investor update last week where it outlined several investment highlights. For instance, the company outlined it has had a strong year to date and expects sales of at least $21 million for the half year.

    First quarter sales were $12.4 million, a company record, supported by a surge in COVID-19 testing in Australia. The recent emergence of the Omicron variant has seen testing volumes increase dramatically in the past three weeks, according to the release.

    With case numbers in NSW alone surpassing the 12,000 mark today, this increased testing will likely continue into 2022.

    Genetic Signatures designs and manufactures a suite of real-time Polymerase Chain Reaction (PCR) based products for the routine detection of infectious diseases under its EasyScreen brand.

    Luckily for the company, it’s been determined that its flagship EasyScreen COVID-19 Detection Kit was able to detect all known variants, including the Omicron variant.

    Since the new variant has arrived, the company has developed a new kit, called the EasyScreen SARS-CoV-2 Variant Detection Kit. It says this kit was designed in collaboration with customers to differentiate the Omicron and Delta variants prior to sequencing.

    Performance of the new kit has been confirmed in-house against more than 300 clinical patient samples. The new kit is being offered initially for research use only and can identify mutations specific to Delta or Omicron in SARS-CoV-2 positive samples.

    The company also advised it is still amidst the clearance process for its EasyScreen Enteric Protozoan Detection Kit in the US. After clearance is obtained, the company can market its device.

    Genetic Signatures is required to supply data from three different clinical sites and a minimum of 1,500 patient samples with the application. It had been hoped that these trials would be completed by year-end but sample collection has been halted due to COVID-19.

    The company expects that these trials will be completed before the end of the March quarter, per the release.

    Genetic Signatures share price summary

    In the past 12 months, the Genetic Signatures share price has fallen almost 14% into the red after sliding another 13% this year to date.

    In the past month, it has regained steam and is now up more than 35% in that time, after climbing more than 29% in the past 5 days of trading.

    The post 20% in a week: Here’s why the Genetic Signatures (ASX:GSS) share price soared today appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Genetic Signatures right now?

    Before you consider Genetic Signatures, 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 Genetic Signatures 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

    More reading

    The author has no positions 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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  • Why is the Bega Cheese (ASX:BGA) share price jumping today?

    The Bega Cheese Ltd (ASX: BGA) share price is edging higher this afternoon. This comes after the Australian manufacturer saw a massive buy-up of its shares today from Fortescue CEO Andrew Forrest.

    At the time of writing, Bega Cheese shares are up 3% at $5.49 apiece.

    Cue the cheese jokes…

    Fortescue CEO carves his slice of Bega

    Under Forrest’s investment company, Tattarang Agrifood Investments, more than 20 million shares in the company have been secured, amounting to more than $108 million.

    The massive order was placed on 10 November and was finalised yesterday.

    This amounts to a 6.61% stake in the company — making Forrest the fourth largest shareholder behind Ethical Partners Funds Management, Fil Investment Management Australia, and Vinva Investment Management.

    This comes following a trading update given by Bega Cheese on 23 December, reporting strong local and international demand, and normalised earnings before interest, taxes, depreciation, and amortisation (EBITDA) for FY22 to be between $195 million and $215 million (FY21 was $145 million).

    Despite alternative milks becoming ever more popular, and with the company reporting costs and supply chain disruptions due to the COVID-19 pandemic, Bega Cheese remained positive in its report, with product goals “on target”.

    However, the Bega Cheese share price dropped by around 12% on the release of the news.

    Bega Cheese share price snapshot

    Bega Cheese is one of the better-performing stocks today, climbing as high as $5.56 earlier in the day.

    The Bega Cheese share price has seen a fairly stable year, seeing an increase of almost 7%.

    The manufacturer has a market capitalisation of more than $1.5 billion. It has over 300 million shares issued and a price-to-earnings ratio (P/E) of 20.

    The post Why is the Bega Cheese (ASX:BGA) share price jumping today? appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Bega Cheese right now?

    Before you consider Bega Cheese, 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 Bega Cheese 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

    More reading

    Motley Fool contributor Alice de Bruin 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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  • 3 exciting small cap ASX shares rated as buys

    A group of executives sit in front of computer screens in a darkened room while a colleague stands giving a presentation with a share price graphic lit up on the wall

    If you’re wanting to invest in the small side of the Australian share market, then the three small caps listed below could be worth a closer look.

    All three have been given buy ratings and tipped for big things in the future. Here’s what you need to know about them:

    Alcidion Group Ltd (ASX: ALC)

    The first small cap ASX share that has been given a buy rating is Alcidion. It is a healthcare technology company behind a range of solutions including Patientrack. It helps clinicians know a patient’s status in real-time. Patientrack uses predictive algorithms to support time-critical care, allowing doctors to intervene and prevent patient deterioration faster than ever before. Demand has been growing for its solutions from a range of international healthcare institutions, which has been underpinning strong revenue growth.

    Bell Potter currently has a buy rating and 45 cents price target on Alcidion’s shares.

    Nitro Software Ltd (ASX: NTO)

    Another small cap ASX share to look at is Nitro Software. It is the fast-growing document productivity software company behind the increasingly popular Nitro Productivity Suite. This suite provides integrated PDF productivity and electronic signature tools to businesses of all sizes. In addition, the company recently entered into an agreement to acquire Connective NV for €70 million (~A$110 million). Connective is Belgium’s leading eSign software-as-a-service (SaaS) business, with a fast-growing market share in France and customers in 11 other European countries. This puts Nitro in a strong position for growth in a total addressable market estimated to be worth $28 billion per year.

    Bell Potter is also very positive on Nitro Software. It currently has a buy rating and $4.50 price target on its shares.

    Volpara Health Technologies Ltd (ASX: VHT)

    A final small cap that is rated as a buy is Volpara. It is a provider of breast imaging analytics and analysis products that improve clinical decision-making and support the early detection of breast cancer. Demand for its offering has been growing strongly in recent years and has supported stellar revenue growth. This continued during the first half of FY 2022, with Volpara reporting subscription revenue growth of 35% to NZ$11.8 million. This is still only a fraction of its US$750 million addressable market in just breast cancer screening. Volpara is also now expanding into the US lung cancer screening market with its RevealDx and Riverain integrations.

    Morgans currently has an add rating and $1.87 price target on the company’s shares.

    The post 3 exciting small cap ASX shares rated 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. owns and has recommended Alcidion Group Ltd and VOLPARA FPO NZ. The Motley Fool Australia owns and has recommended VOLPARA FPO NZ. The Motley Fool Australia has recommended Alcidion Group Ltd and Nitro Software 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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  • Brokers name 3 ASX shares to sell

    Keyboard button with the word sell on it.

    Given that many brokers are taking a well-earned break over the holiday period, broker notes aren’t being published as regularly as normal.

    In light of this, listed below are a few recent broker recommendations that are still very relevant today. Here are three ASX shares rated as sells:

    DEXUS Property Group (ASX: DXS)

    According to a note out of Citi, its analysts have retained their sell rating and $9.54 price target on this property company’s shares. While Citi acknowledges that a number of the DEXUS’ peers have recently announced strong updates, it isn’t in a rush to change its rating. The broker has previously flagged potential for further weakness in office rental markets, which it feels is likely to feed into office asset pricing. The Dexus share price is trading at $11.13 on Thursday.

    Insurance Australia Group Ltd (ASX: IAG)

    A note out of Morgan Stanley reveals that its analysts have downgraded this insurance company’s shares to an underweight rating and cut their price target on them to $3.75. Morgan Stanley has concerns over IAG’s margin outlook and ability to hold onto its market share. In light of this, it feels investors should stay away from the company’s shares. The IAG share price is fetching $4.36 at the time of writing.

    Qantas Airways Limited (ASX: QAN)

    Analysts at Credit Suisse have retained their underperform rating and $4.10 price target on this airline operator’s shares. This followed the release of Qantas’ trading update. Credit Suisse suspects that Qantas could now report a greater than expected loss in FY 2022 of ~$1.6 billion. This is due to the emergence of the omicron variant and the prospect of the international travel recovery being delayed. The Qantas share price is trading at $5.02 on Thursday.

    The post Brokers name 3 ASX shares to sell 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 owns and has recommended Insurance Australia Group 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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  • Why is the Webjet (ASX:WEB) share price underperforming Helloworld in December?

    two older men wearing colourful tropical patterned shirts and hats like tourists puzzle over a map one is holding while he other holds up a hand as if indicating he doesn't know where they are going.

    The Webjet Limited (ASX: WEB) share price has been struggling this month. Meanwhile, that of Helloworld Travel Ltd (ASX: HLO) has surged higher.

    Having ended November trading for $2.23, Helloworld’s shares are now swapping hands for $2.52. That represents a 13% gain.

    However, the Webjet share price has slumped over the same period, falling almost 4% to trade at $5.28.

    For context, the S&P/ASX 200 Index (ASX: XJO) has gained 3.6% over the course of December.

    So, what’s been weighing on the Webjet share price and buoying Helloworld’s stock? Let’s take a look.

    Why is the Helloworld share price gaining as Webjet’s falls?

    The Webjet share price has been struggling over December as the company’s short interest remains high.

    As of The Motley Fool Australia’s most recent weekly short-selling breakdown, 8.8% of its shares were in the hands of short-sellers. Though, that figure has been falling over recent weeks despite no news being released by the company.

    Perhaps, the market’s confidence the Omicron COVID-19 variant won’t result in another wave of global lockdowns might be increasing.

    Particularly, since Prime Minister Scott Morrison declared the country is “not going back to lockdowns” last week.

    Still, Webjet’s stock hasn’t bounced back from its unexplained mid-December slump.

    Meanwhile, the Helloworld share price surged 16% on 15 December when the company announced it’s undergoing a $175 million asset sale.

    It is selling its corporate and entertainment travel businesses in Australia and New Zealand to Corporate Travel Management Ltd (ASX: CTD).

    Following the divestment, Helloworld will be focusing on its leisure and corporate travel networks, air consolidation business, wholesale and inbound businesses, and its logistics business.

    The resulting funds will allow it to repay debt and capitalise on pent-up consumer demand as borders reopen following COVID-19.

    Though, despite its strong month’s performance, the Helloworld share price has only broken even year to date. Meanwhile, the Webjet share price is almost 4% higher than it was at the start of the year.

    The post Why is the Webjet (ASX:WEB) share price underperforming Helloworld in December? appeared first on The Motley Fool Australia.

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

    Before you consider Webjet, 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 Webjet 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 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 Helloworld Limited. The Motley Fool Australia owns and has recommended Helloworld Limited. 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.

    from The Motley Fool Australia https://ift.tt/3JqbzeT