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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.

What happened 

Shares of Nvidia (NASDAQ: NVDA) rose 2% on Monday following bullish analyst commentary.

So what 

Piper Sandler analyst Harsh Kumar reiterated his overweight rating on Nvidia’s stock. He now expects the semiconductor titan’s share price to jump more than 12% to $260.

Kumar sees a major overhang on Nvidia’s shares abating as Bitcoin (CRYPTO: BTC) mining’s impact on its business lessens in the coming quarters. He believes more of the company’s graphics processing units (GPUs) could be made available for its key gaming customers ahead of the all-important holiday shopping season. This, in turn, could bolster Nvidia’s market share in this prized segment.

It would also likely dampen the volatility in Nvidia’s GPU sales that often accompany Bitcoin’s wild price swings, which investors would no doubt welcome.

Now what

It can be difficult to identify which market its GPUs are being purchased for since most customers don’t specify why they’re buying its chips. However, investors tend to value Nvidia’s gaming-related sales more highly than its crypto-based revenue. The market sees the tech giant’s gaming business as more durable and dependable than its sales to crypto miners, which have been known to rapidly reduce purchases when cryptocurrency prices fall.

This unpredictability of crypto sales has weighed on Nvidia’s profits — and, in turn, its share price — in the past, particularly when mining-related sales plunged. So, if this volatility was to be reduced, investors might be willing to pay a higher price for Nvidia’s stock.

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

The post Why Nvidia stock climbed on Monday appeared first on The Motley Fool Australia.

More reading

• Tesla stock price rally places it in the trillion-dollar club
• Here’s why the 90-year old CBA (ASX:CBA) school banking program is no longer
• GQG Partners (ASX:GQG) share price on watch amid highly anticipated IPO
• 2 ASX shares to boom from new shopping habits: experts
• Broker gives its verdict on the Telstra (ASX:TLS) share price following Digicel acquisition

Joe Tenebruso has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Bitcoin and Nvidia. The Motley Fool Australia has recommended Nvidia. 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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The Commonwealth Bank of Australia (ASX: CBA) school banking program is set to wrap up at the end of 2021. The popular scheme has helped children take their first steps in learning about money and reinforced the importance of saving.

However, the Australian Securities and Investments Commission (ASIC) and some state and territory governments have decided to disconnect from the program.

Despite the negative news released on Sunday, CBA shares ended yesterday’s market session 0.55% higher to $105.46.

CBA moves youth financial education online

While losing key support to continue running its national program in schools, CBA will transition its educational tools to an online platform. This will provide teachers and parents with information about youth banking solutions and financial resources.

Established in 1931, CBA’s school banking program has connected with 15 million children across 1,450 schools in Australia.

A 2-year review conducted by ASIC concluded the scheme did little to help children improve their financial behaviour. The report noted that CBA’s program was nothing more than a ploy to gain new customers by using sophisticated advertising tactics.

As such, the New South Wales, Victorian, ACT, and Queensland governments have discontinued school banking programs.

CBA refuted the decision and indicated its own research went against the ASIC findings. It stated its research shows 95% of parents with a child believe it’s vital for kids to learn about money.

Nonetheless, CBA is set to pull the plug on the scheme at the end of the current school year. All educational resources are now available for teachers and parents in the new CommBank Youth Hub.

CBA group executive retail banking services Angus Sullivan commented:

For some time, we have been working with a range of experts to evolve our approach to financial education, and will have exciting new tools available to families in 2022 to empower parents and further support young people’s financial wellbeing in a digital world.

We continue to believe that financial capability is a critical part of every Australian child’s education and we will continue to work with teachers and parents to support them in this endeavour, now and into the future, both in the home and the classroom, as appropriate.

CBA share price snapshot

It has been a solid 12 months for CBA shares, rising by 51% despite moving in circles since mid-June. However, when looking at year to date, the company’s shares have travelled close to 30% higher.

Based on today’s price, CBA commands a market capitalisation of roughly $179.96 billion and has approximately 1.7 billion shares outstanding.

The post Here’s why the 90-year old CBA (ASX:CBA) school banking program is no longer 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 GQG Partners Inc. (ASX: GQG) share price will be one to watch closely on Tuesday.

At 12:30pm today. the fund manager’s shares will hit the ASX boards following one of the most highly anticipated initial public offerings (IPO) of the year.

The GQG Partners IPO

GQG Partners’ shares will begin trading today after the company raised approximately $1.2 billion at a price of $2.00 per share via its IPO. The latter was at the low end of its IPO price range of $2.00 to $2.20 per share.

This gives the fund manager a market capitalisation of $5.91 billion, which is just a touch short of rival Magellan Financial Group Ltd (ASX: MFG) and its ~$6.6 billion market capitalisation.

It also means that upon listing, the company’s shares will be trading on a pro forma distributable earnings per share multiple of 16.5x and a forecast dividend yield of 5%.

What is GQG Partners?

GQG Partners is global boutique asset management firm with a focus on active equity portfolios. It was established in 2016 by Executive Chairman and CIO Rajiv Jain and CEO Tim Carver. The former is the company’s largest shareholder with a total of 2,030,616,054 shares. This equates to a 68.8% stake.

At the end of September, the company was managing a total of US$85.8 billion across its investment strategies. Among its clients are many of the largest pension funds, sovereign funds, wealth management firms, and other global financial institutions.

The company notes that since its founding in 2016 and through to the end of June, the company has achieved strong risk-adjusted returns in its categories for four primary investment strategies compared to peers and benchmarks over the same period.

This strong performance has allowed the company to build a client base with many prominent institutions and important wholesale platforms, leading to significant funds under management (FUM) growth.

Shareholders will no doubt be hoping this strong form continues as a listed company.

The post GQG Partners (ASX:GQG) share price on watch after highly anticipated IPO appeared first on The Motley Fool Australia.

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

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As the nation’s 2 largest cities burst out of long lockdowns, evidence is emerging that the COVID-19 pandemic has altered the shopping behaviour of Australians.

Many Australians are now more at ease with ordering goods online, and this adoption may stick around long after the coronavirus is out of the headlines.

At the same time, pent-up demand has seen strong physical patronage for some sectors, such as hairdressing and department stores.

So how can ASX investors take advantage of this?

Fortunately for The Motley Fool readers, a pair of experts have nominated a pair of shares they would buy right now:

All those packages have to start somewhere

Industrial real estate provider Goodman Group (ASX: GMG) has seen its shares rise nearly 17% so far this year.

According to Bell Potter Securities advisor John Anderson, Goodman has more than $5 billion of work in progress. 

“We view Goodman as a core portfolio holding,” he told The Bull.

“The long term outlook for industrial and logistics properties is favourable given the continuing growth in e-commerce and a growing middle class in developing countries.”

The warehousing business is looking strong, with Goodman boasting US behemoth Amazon.com, Inc. (NASDAQ: AMZN) as one of its major clients.

Earlier this month, fund managers at Citi also indicated their bullish sentiment about Goodman.

“Its analysts currently have a buy rating and $26.00 price target on the company’s shares,” reported The Motley Fool’s James Mickelboro.

Australians are heading back to the shops

Meanwhile Burman Invest chief investment officer Julia Lee likes the look of department store chain Harvey Norman Holdings Limited (ASX: HVN).

“A strong residential market and savings should drive home goods and furniture sales as New South Wales and Victoria emerge from lockdowns.”

Harvey Norman shares have lost about 15% over the past couple of months. It’s now up just 3.8% for the year.

“Re-opening retail stores should underpin a brighter outlook and an improving share price,” said Lee.

“Success in offshore expansion is another potential growth lever for the share price.”

Lee is not the only one optimistic about the Australian retailer. Five out of 8 analysts rate the ASX share as a “strong buy”, according to CMC Markets.

The post 2 ASX shares to boom from new shopping habits: experts appeared first on The Motley Fool Australia.

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John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Motley Fool contributor Tony Yoo owns shares of Amazon. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Amazon. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended the following options: long January 2022 $1,920 calls on Amazon and short January 2022 $1,940 calls on Amazon. The Motley Fool Australia owns shares of and has recommended Harvey Norman Holdings Ltd. The Motley Fool Australia has recommended Amazon. 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 was on form on Monday.

The telco giant’s shares rose 2% to $3.81 after announcing the acquisition of Digicel Pacific for US$1.6 billion in partnership with the Australian Government.

This means the Telstra share price is now up almost 27% in 2021.

Where next for the Telstra share price?

Positively for shareholders, the Telstra share price could still push higher from here.

According to a note out of Goldman Sachs this morning, the broker has retained its buy rating and $4.40 price target on the company’s shares.

Based on the current Telstra share price, this suggests that there’s still 15.5% upside ahead for investors. And with Goldman expecting another fully franked 16 cents per share dividend in FY 2022, this brings the total potential return to approximately 20%.

What did the broker say?

Goldman appears happy with Telstra’s acquisition of Digicel Pacific. And while it doesn’t expect the deal to have a material impact on the company’s earnings, it appears to see it as a low risk boost to its financial performance.

Goldman notes: “As part of this structure, TLS is entitled to receive a preferred return of US$45mn p.a. for 6 years (17% ROE) with significant risk mitigants in place (FX, political, operational risk etc.). Management notes that the transaction meets all of Telstra’s M&A criteria including: i) EPS/FCF accretion, ii) generates ROIC > WACC; and iii) is superior for shareholders vs. a buyback, while also being iv) incrementally positive to the companies’ FY22/25E targets.”

“Although the proposed transaction would have a relatively small contribution to Telstra (4% of FY21 PF underlying EBITDA), we note that: 1) the transaction has significant risk mitigants; 2) is within Telstra’s core competency; and 3) is FCF/EPS accretive according to management,” it concludes.

The post Broker gives its verdict on the Telstra (ASX:TLS) share price following Digicel acquisition appeared first on The Motley Fool Australia.

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• 5 things to watch on the ASX 200 on Tuesday
• These 3 ASX 200 shares are topping the volume charts this Monday
• Why Beach, Mineral Resources, Origin, and Telstra are storming higher
• ASX 200 (ASX:XJO) midday update: Telstra’s acquisition, Mineral Resources jumps
• Telstra (ASX:TLS) share price higher following Digicel Pacific acquisition news

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 shares of 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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Are you looking for dividend shares to buy? If you are, then you may want to look at the two blue chips listed below.

Here’s why these dividend shares could be in the buy zone:

BHP Group Ltd (ASX: BHP)

The first ASX dividend share to look at is BHP. This mining giant’s shares have come under significant pressure since the middle of August. This has of course been driven by a sharp pullback in the iron ore price.

While the is disappointing for shareholders, it could be a buying opportunity for non-shareholders. This is because the iron ore price is still at a level that generates significant free cash flow for BHP. In addition, the prices of other commodities have been rising, offsetting some of iron ore’s decline.

So much so, the team at Morgans still believe BHP will be able to pay a very generous dividend again in FY 2022. Its analysts are forecasting a dividend of $3.95 per share this financial year. Based on the current BHP share price of $37.93, this will mean a yield of 10.4% for investors.

Morgans has an add rating and $46.05 price target on the miner’s shares.

Coles Group Ltd (ASX: COL)

Another blue chip ASX dividend share that Morgans is positive on is Coles.

It likes the supermarket giant due to its strong market position, attractive valuation compared to rival Woolworths Group Ltd (ASX: WOW), and its attractive dividend yield.

In respect to the latter, the broker is forecasting a fully franked 61 cents per share dividend in FY 2022. Based on the current Coles share price of $17.83, this will mean a yield of 3.4% for investors.

Morgans has an add rating and $19.80 price target on its shares.

The post 2 blue chip ASX dividend shares rated as buys appeared first on The Motley Fool Australia.

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• BHP (ASX:BHP) share price lifts as iron ore prices rebound on Monday
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• Is Coles (ASX:COL) a must-buy dividend share for income investors?

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 shares of and has recommended COLESGROUP DEF SET. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The old adage goes, you should buy ASX shares when they’re cheap, not when prices have already risen.

But how can you tell whether a stock is currently cheap because it’s underappreciated by investors, or if it genuinely represents a dud business?

Fortunately, there are professionals who evaluate that question for a living.

Here are 2 pummelled ASX shares that Stock Doctor analysts have picked that they believe are tempting buys at the moment:

Taliban’s takeover of Afghanistan was a headache for this stock

Shares for metal detection and communications equipment provider Codan Limited (ASX: CDA) have plunged more than 26% since its results announcement on 19 August.

Revenue and profits were up in the 2021 financial year, but the presentation also revealed chief executive Donald McGurk would retire within a few months.

The company also had military customers that were working in Afghanistan.

“The withdrawal of [US] troops from Afghanistan represents a marginal headwind to the communications segment,” analyst Jacob Simonsen told a Stock Doctor video.

“Despite this, we believe the share price weakness represents some opportunity, with earnings expected to grow by nearly 20% this year.”

Codan will hold its annual general meeting on Wednesday, where more information may come that might send its stocks one way or another.

Can one person justify a 22% drop in share price?

Shareholders for software company Infomedia Limited (ASX: IFM) have watched in horror as almost 22% has been wiped off the value in just the last 2 weeks.

On 18 October alone the shares lost 14% after chief executive and managing director Jonathan Rubinsztein quit.

Stock Doctor head of research Kien Trinh said the low liquidity for shares has also contributed to jerky price movements.

“The sudden resignation has led to share price volatility, but the company has reaffirmed its earnings guidance for the full year, with revenue expected to rise by about 23%,” said Stock Doctor head of research Kien Trinh.

“We remain optimistic about the business with earnings expected to remain intact for now, so possibly another opportunity for investors.”

Infomedia makes cloud software for clients in the automotive parts and services industry. Its annual general meeting is coming up on 25 November.

The post 2 ASX shares having a shocker that could be bargain buys right now appeared first on The Motley Fool Australia.

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Motley Fool contributor Tony Yoo has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Infomedia. The Motley Fool Australia has recommended Infomedia. 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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One increasingly popular way to invest is using exchange traded funds (ETFs). And it isn’t hard to see why.

Not only are ETFs an easy way to invest your hard-earned money, but they also provide investors with opportunities that were in some cases unattainable a decade ago.

With that in mind, I thought I would look at two ETFS that are popular with investors right now. They are as follows:

BetaShares Global Cybersecurity ETF (ASX: HACK)

The first ETF to look at is the BetaShares Global Cybersecurity ETF. It tracks the performance of an index that provides investors with exposure to the leading companies in the growing global cybersecurity sector.

This could be a great place to be invested. With cybercrime on the rise, demand for cyber security services is growing fast. This puts companies included in the fund, such as Accenture, Cisco, Cloudflare, Okta, and Crowdstrike, in a strong position for growth over the next decade.

In respect to the latter, CrowdStrike provides the increasingly popular Falcon platform. This platform delivers incident response and forensic analysis services that are designed to help businesses understand whether a breach has occurred. It then allows the user to respond and recover from a breach with speed and precision to remediate the threat.

VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)

Another ETF to look at is the VanEck Vectors Morningstar Wide Moat ETF. This ETF gives investors exposure to a diversified portfolio of fairly valued companies with sustainable competitive advantages.

These competitive advantages, or moats, are something that many investors look for when making investments. And it is easy to see why. Over the last 10 years, the index the fund tracks has outperformed the market and generated a return of 22% per annum.

At present, there are a total of 50 US based stocks in the fund. This includes Amazon, Berkshire Hathaway, Intel, Kellogg Co, McDonalds, Microsoft, and Philip Morris.

The post 2 excellent ETFs for ASX investors right now appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended BETA CYBER ETF UNITS. The Motley Fool Australia owns shares of and has recommended BETA CYBER ETF UNITS. The Motley Fool Australia has recommended VanEck Vectors Morningstar Wide Moat ETF. 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 Medibank Private Limited (ASX: MPL) share price has been underperforming the NIB Holdings Limited (ASX: NHF) share price in recent weeks. What has been happening?

Over the last month, the Medibank share price is down by 3.3% whilst the NIB share price has fallen by less than 1%.

There is a much bigger difference over the last year, with Medibank shares up 29% compared to NIB shares going up by 57%.

Recent updates

Some of the biggest influences on the movement of businesses can be the updates they release.

NIB

For NIB, two of the most recent updates has been news from the ACCC and its FY21 result.

The ACCC has authorised Honeysuckle Health and NIB to form and operate a health services buying group. The Honeysuckle Health buying group intends to collectively negotiate and manage contracts with healthcare providers, including medical practitioners and hospitals, on behalf of NIB and other private health insurers and other healthcare payers (such as travel insurance companies) who join the group. However, this authorisation has been granted with a condition that major insurers Medibank, Bupa, HCF and HIF in WA are not allowed to join.

NIB’s FY21 result showed group underlying revenue increased 2.9% to $2.6 billion, whilst the claims expense rose 2.5% to $2 billion. Total group expenses fell 8.8% to $362.1 million. Group underlying operating profit increased 39.5% to $204.9 million, whilst net profit after tax (NPAT) rose by 84.5%.

NIB said that it was expecting similar market conditions in FY22 when compared to FY21. Australian resident health insurance net policyholder growth is expected for FY22 to be in the range of 2% to 3%. Growth in the New Zealand business is expected to be consistent with recent years.

The business has exposure to travel insurance. International travel is now seemingly on track to open sooner than previously expected.

It also said that, whilst it was a small step, its joint venture with Tasly allows it to have a licence to sell health insurance in China and it made its first sales in July. NIB called this opportunity over the long-term “considerable”.

Medibank

Turning to updates from Medibank which could have influenced the Medibank share price in recent times.

The FY21 result was the latest major update from the biggest private health insurer. However, it didn’t demonstrate quite as much profit growth as NIB.

It said that revenue from external customers rose 2.1% to $6.9 billion, health insurance operating profit grew by 14.4% to $538.6 million and total underlying net profit rose by 8.5% to $398.7 million. The continuing operations net profit after tax went up 39.8% to $441.2 million.

Are either of the private health insurers opportunities?

Brokers aren’t convinced either of them are going to rise much over the next year.

For example, Morgans currently rates both the NIB share price and the Medibank share price as a hold.

Morgan’s price target for Medibank is $3.28, whilst the price target for NIB is $6.81. Based on those numbers, it implies that broker thinks that NIB shares will essentially be the same price in a year, but Medibank shares could fall by around 5%.

The post Why is the Medibank (ASX:MPL) share price underperforming NIB (ASX:NHF) lately? 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 has recommended NIB Holdings 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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On Monday, the S&P/ASX 200 Index (ASX: XJO) was on form and started the week on a positive note. The benchmark index rose 0.3% to 7,441 points.

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

ASX 200 expected to rise

The Australian share market looks set to continue its ascent on Tuesday. According to the latest SPI futures, the ASX 200 is expected to open the day 21 points or 0.3% higher this morning. This follows a solid start to the week on Wall Street which in late trades sees the Dow Jones up 0.15%, the S&P 500 up 0.5%, and the Nasdaq trading 1% higher.

Telstra shares given buy rating

The team at Goldman Sachs have retained their buy rating and $4.40 price target on the Telstra Corporation Ltd (ASX: TLS) share price. This follows news that the telco giant is acquiring Digicel Pacific together with the Australian government. Goldman notes that: “1) the transaction has significant risk mitigants; 2) is within Telstra’s core competency; and 3) is FCF/EPS accretive according to management.”

Oil prices mixed

Energy producers such as Beach Energy Ltd (ASX: BPT) and Woodside Petroleum Limited (ASX: WPL) will be on watch following a mixed night for oil prices. According to Bloomberg, the WTI crude oil price is down 0.25% to US$83.54 a barrel, whereas the Brent crude oil price has risen 0.3% to US$85.77 a barrel.

Gold price rises

Gold miners Evolution Mining Ltd (ASX: EVN) and Northern Star Resources Ltd (ASX: NST) could push higher today after the gold price stormed higher. According to CNBC, the spot gold price is up 0.7% to US$1,808.5 ounce. The safe haven asset rose after US yields softened.

Tech shares expected to rise

It looks set to be a good day for ASX tech shares such as Afterpay Ltd (ASX: APT) and Xero Limited (ASX: XRO) on Tuesday. This follows a strong night on the tech-focused Nasdaq index, which was trading 1% higher in late trade. In addition, the Square share price is up over 3% at the time of writing, which bodes well for Afterpay’s shares. Square is acquiring Apple in an all-scrip deal.

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

More reading

• Here are the top 10 ASX shares today
• How do ASX share prices typically perform in November?
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• These 3 ASX 200 shares are topping the volume charts this Monday
• The Xero (ASX:XRO) share price is holding up ASX tech shares today

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended AFTERPAY T FPO and Xero. The Motley Fool Australia owns shares of and has recommended AFTERPAY T FPO, Telstra Corporation Limited, 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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