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At the small end of the market, there are a number of shares that have the potential to grow strongly in the future.

Two that could be worth watching very closely are listed below. Here’s what you need to know about these small cap ASX shares:

Booktopia Group Ltd (ASX: BKG)

The first small cap ASX share to watch is rapidly growing online book retailer, Booktopia.

It was a very strong performer in FY 2021, reporting a 35% lift in revenue to $223.9 million and a 125% jump in underlying EBITDA to $13.6 million.

This was underpinned by a 19% increase in active customers to 1.8 million and a 26% lift in units shipped to 8.2 million. The latter was supported by its new automated distribution centre, which allowed the company to capture increased demand from the shift to online shopping.

And while no guidance was given for FY 2022, management revealed that the new financial year has started strongly and revenue was tracking ahead of the prior corresponding period at the end of August.

Morgans is very positive on the company’s outlook. It currently has an add rating and $3.72 price target on Booktopia’s shares.

Damstra Holdings Ltd (ASX: DTC)

Another small cap ASX share to watch is Damstra. It is an integrated workplace management solutions company providing an increasingly popular cloud-based workplace management platform.

This platform is used by businesses globally to track, manage, and protect their workers and assets.

It was also on form in FY 2021. For the 12 months ended 30 June 2021, Damstra reported a 63% increase in annual recurring revenue (ARR) to $34.5 million. This was driven by a 74% increase in user numbers to 737,000.

The company has also just strengthened its offering with the acquisition of TIKS Solutions for $15.5 million. This leaves Damstra well-placed to continue growing into its substantial addressable market. Management estimates that its total addressable market (TAM) will be worth US$20 billion in 2022.

The team at Shaw & Partners are positive on the company. They have a buy rating and $1.67 price target on its shares.

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

More reading

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• 3 growing small cap ASX shares to watch

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 Damstra Holdings Ltd. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Booktopia Group Limited. The Motley Fool Australia owns shares of and has recommended Damstra Holdings Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The S&P/ASX 200 Index (ASX: XJO) has followed Wall Street’s lead and is dropping on Tuesday. In afternoon trade, the benchmark index is down 0.4% to 7,250.9 points.

Four ASX shares that are not letting that hold them back are listed below. Here’s why they are racing higher:

De Grey Mining Limited (ASX: DEG)

The De Grey Mining share price is up 9% to $1.05. This morning the gold developer announced the outcomes of its scoping study at the Mallina Gold Project in the Pilbara. Management advised that the scoping study has found clear opportunities for improvement. It also revealed that it expects average gold production of 473,000 ounces per annum for the first five years.

Gold Road Resources Ltd (ASX: GOR)

The Gold Road share price has stormed 6% higher to $1.32. This appear to have been driven by a broker note out of Macquarie Group Ltd (ASX: MQG) this morning. According to the note, the broker has retained its outperform rating and $1.40 price target on the gold miner’s shares.

Nick Scali Limited (ASX: NCK)

The Nick Scali share price has continued its ascent and is up a further 3% to $12.51. Investors have been buying the furniture retailer’s shares this week after it announced the $103 million acquisition of rival Plush. It is a specialist Australian sofa retailer, operating a network of 46 showrooms across six Australian states and territories.

Redbubble Ltd (ASX: RBL)

The Redbubble share price is up 7% to $4.46. This appears to have been driven by a broker note out of Morgan Stanley this morning. According to the note, the broker has initiated coverage on the ecommerce company’s shares with an overweight rating and $6.50 price target. This implies potential upside of almost 46% even after today’s strong gain.

The post Why De Grey Mining, Gold Road, Nick Scali, & Redbubble shares are racing higher appeared first on The Motley Fool Australia.

More reading

• De Grey (ASX:DEG) share price jumps 4% on gold project update
• Nick Scali (ASX:NCK) share price jumps 12% on $103m Plush acquisition
• 2 ASX dividend shares with BIG yields
• Why the De Grey (ASX:DEG) share price is lifting today
• Why BlueBet, Gold Road, Li-S Energy, & Myer shares are dropping

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 Macquarie 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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The S&P/ASX 200 Index (ASX: XJO) is having a rather depressing day of trading so far this Tuesday. At the time of writing, the ASX 200 is down by 0.43% to 7,248 points.

So let’s not dwell on that too much, and instead check out the ASX 200 shares topping the trading charts today in terms of raw volume so far. This data comes from investing.com.

3 ASX 200 shares topping the volume charts this Tuesday

South32 Ltd (ASX: S32)

ASX 200 miner South32 is our first ASX share to check out today. South32 has seen a sizeable 16.22 million of its shares traded so far on the markets this Tuesday. There’s no major news out that might explain this move.

However, the South32 share price has had a pretty volatile day this far. It’s currently at $3.60 a share, up 0.56% for the day. However, it’s been as high as $3.63 and as low as $3.55 throughout today’s trading. This volatility has likely resulted in such a relatively high trading volume.

Santos Ltd (ASX: STO)

ASX 200 energy share Santos is next up this Tuesday. Today, we have seen a hefty 17.01million Santos shares bought and sold thus far. Again, there are no concrete developments out of this company today. However, the Santos share price is so far comprehensively bucking the broader market mood.

Santos shares are presently up a very robust 2.75% to $7.27 a share, probably explaining the increased trading volume. This share price gain is in line with the entire ASX energy sector currently, and can likely be put down to rising crude oil prices. 

Pilbara Minerals Ltd (ASX: PLS)

And last, but certainly not least in terms of trading volume, we have ASX 200 lithium producer Pilbara Minerals. Pilbara shares are flying around the ASX boards today, with a whopping 29.36 shares having changed hands at the time of writing.

Unfortunately for investors, this company seems to have the opposite problem to Santos today. The Pilbara share price is currently down 1.06% and is sitting at $1.87, a 2-month low. It’s this dip that is the likely reason behind Pilbara’s high share volume thus far this Tuesday.

The post These 3 ASX 200 shares are topping the volume charts this Tuesday appeared first on The Motley Fool Australia.

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

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The Woodside Petroleum Limited (ASX: WPL) share price is surging higher today despite no news having been released by the company.

In fact, Woodside hasn’t posted any price-sensitive news to the market since it released its half-year results and confirmed its plan to merge with BHP Ltd‘s (ASX :BHP) oil assets in August.

However, increasing world oil prices might have something to do with Woodside’s gains today.  

At the time of writing, the Woodside share price is $25.01, 3.69% higher than its previous close.

Let’s take a look at what might be boosting Woodside’s shares on Tuesday.

Price of oil up alongside Woodside’s stock

The Woodside share price is taking off today, as are oil prices this week.

The price of oil has retreated ever so slightly on Tuesday, though it’s still boasting much of the significant gains it’s made recently.  

Right now, a barrel of West Texas Intermediate oil goes for US$77.86. At the same time, Brent crude oil is going for US$81.61 per barrel.

The price of oil is being driven higher by confirmation the Organisation of the Petroleum Exporting Countries, Russia, and their allies, better known as OPEC+, won’t be increasing oil production despite rising global demand.

The organisation previously agreed to boost oil production by 400,000 barrels per day each month between July 2021 and April 2022.  

According to reports by Reuters, the price of oil is beginning to worry the United States and India. The two nations are reportedly calling on the OPEC+ to increase supply of the black liquid.

The latest news from OPEC+ is likely dampening hopes of this happening. However, it’s seemingly boosting the Woodside share price.

Woodside share price snapshot

Today’s gain included, the Woodside share price is around 9% higher than it was at the start of 2021.

It has also gained 41% since this time last year.

The post Here’s why the Woodside (ASX:WPL) share price is climbing 3% today appeared first on The Motley Fool Australia.

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• 5 things to watch on the ASX 200 on Tuesday
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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. 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 Sydney Airport (ASX: SYD) share price has surged higher in the first quarter of FY22. This comes despite the company not releasing any market-sensitive news since it received a revised takeover proposal last month

Currently, Australia’s largest airport operator’s shares are travelling 0.12% lower today to $8.22 apiece.

What’s sending Sydney Airport shares higher lately?

Investors have been pushing the Sydney Airport share price higher following strong optimism over the resumption of international travel.

With Australia’s accelerated vaccination program on track, the federal government has announced plans to open up international borders. Flights will start as early as next month to a number of selected countries.

Qantas Airways Limited (ASX: QAN) has plans already in place to restart flights to popular destinations among Aussies. These are likely to include London, Los Angeles, Singapore, Vancouver, Tokyo, Hawaii, and Fiji.

New Zealand routes are expected to begin sometime before the Christmas holidays.

Should all go to plan, Sydney Airport could see passengers fill its terminals very shortly as demand is expected to considerably ramp up.

What happened to Sydney Airport in Q1 FY22?

During July, Sydney Airport shares soared by around 35% following a $22.6 billion takeover proposal by the Sydney Aviation Alliance, a consortium of infrastructure investors. The all-cash transaction deal offered to buy Australia’s largest airport at $8.25 per share.

However, the Sydney Airport board knocked back the proposal just two weeks later. It stated the offer undervalued the company and was not in the best interest of shareholders.

This led the Sydney Airport share price to rocket during the first quarter of the new financial year.

Soon after, a revised conditional and non-binding proposal arrived on 16 August, sweetening the offer. The consortium of infrastructure investors tabled an improved $8.45 per share offer. Yet again, the board declined, noting the current COVID-19 environment does not reflect Sydney Airport’s long-term value.

Then last month another offer arrived, upping the ante to $8.75 per share to acquire 100% of Sydney Airport shares. As such, the board appeared satisfied and allowed the consortium to conduct due diligence on a non-exclusive basis.

It is expected this will be completed sometime in the middle of this month. If approved, the consortium will put together a formal binding proposal.

About the Sydney Airport share price

Since the beginning of July, the Sydney Airport share price has accelerated on the back of several takeover offers received by the company from the Sydney Aviation Alliance.

At the moment, its shares are up more than 40% from 2 July (trading day prior to the first takeover announcement).

Sydney Airport presides a market capitalisation of roughly $22.1 billion, with approximately 2.7 billion shares on hand.

The post Why did the Sydney Airport (ASX:SYD) share price have such a great FY22 first quarter? 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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ASX shares in the renewables and green metals space has been a big winner this year as investors flock into the theme of environmental, social and governance, or ESG, investing.

In an article featured on Livewire, chief investment officer and founder of Regal Investment Fund (ASX: RF1) Phil King spoke at the company’s investor briefing last week. He backs two major themes, a mining bull market and green metals, especially batteries.

King and the team at Regal pointed to four ASX shares, spanning S&P/ASX 200 Index (ASX: XJO) constituents to newly listed initial public offerings.

4 ASX shares for renewables exposure

1. Chalice Mining Ltd (ASX: CHN)

The Chalice share price has boomed an extraordinary 2,500% since the company began its extensive drilling program at its Julimar Nickel-Copper-Platinum Group Element (PGE) project in Western Australia.

Chalice believes it’s positioned to emerge as a “world-class, strategic deposit of critical, ‘green metals’ in a world-class jurisdiction” that is “highly leveraged to battery and hydrogen technology adoption”, according to its Diggers and Dealers Mining Forum 2021 presentation.

The team at Regal share the same view, saying:

… we believe (Chalice) has discovered a new tier-one green metals province, remarkably, only 60 kilometres east of Perth, which has the potential to become the most significant polymetallic discovery in Australia.

2. Novonix Ltd (ASX: NVX)

Up until last week, the Novonix share price managed to boom 450% year-to-date.

Regal described the company as one that is “engaged in a diverse range of battery-related technologies and is a global leader in producing high-quality synthetic graphite for battery anodes”.

It would also be remiss not to mention its collaboration with Tesla.

3. PPK Group Limited (ASX: PPK)

The PPK share price has fallen off a cliff in recent weeks, losing more than a third in value since mid-September.

The trending PPK share price came to a grinding halt when the company announced a joint venture to manufacture anti-viral and anti-bacterial face masks on 23 September.

Despite the diversified nature of PPK’s business, spread across batteries, ballistic armour, dental products and mining technology, Regal pointed out that:

(PPK) has made significant progress this year in research and development. PPK’s subsidiary Li-S Energy … is developing lithium-sulphur batteries … a competing technology to the well accepted lithium-ion batteries.

4. Li-S Energy Ltd (ASX: LIS)

Li-S Energy made its ASX debut on 28 September, surging as high as $3.05 on open compared to its listing price of just 85 cents.

The company is a spin-off of PPK Group, attempting to disrupt the battery market with a more efficient, safer, faster charging and environmentally friendly lithium-sulphur battery.

The post Bullish on lithium and batteries? 4 ASX shares playing into this theme: fund manager appeared first on The Motley Fool Australia.

More reading

• PPK (ASX:PPK) share price sinks 6% amid collaboration agreement
• Li-S Energy (ASX:LIS) share price falls 15% over its first week on the ASX
• Which ASX 300 shares are on the move for the start of the week?
• Why is the Novonix (ASX:NVX) share price plunging 12% today?
• These were the best performing ASX lithium shares in September

Motley Fool contributor Kerry Sun 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 AMP Limited (ASX: AMP) share price hasn’t exactly amassed a reputation as a market beater over the past few years.

It’s a sad fact for shareholders that AMP has been one of the worst-performing ASX blue-chip investments in recent memory. This company is still down more than 80% over the past 5 years alone, and down close to 94% from the most recent all-time high, which happened to occur way back in 2002.

We are probably all aware of AMP’s shortcomings by now, considering the public excoriation it received following the 2018 banking royal commission.

But a little more recently, the AMP share price’s fortunes seem to have been given something of a reprieve.

Over the past week (or 5 trading days), the AMP share price has gained a healthy 1.18%. Over the same period, the S&P/ASX 200 Index (ASX: XJO) has gone the other way, falling by around 0.75%. That means AMP shares have been a market-beating investment for the past week. By quite a large margin too.

In fact, AMP is now up a very robust 17% since it last found a new 52-week (and all-time) low of 88 cents a share late last month. Once again, AMP has outperformed the ASX 200 over this period. The Index went backward by roughly 1% over the same span.

So what’s going on with AMP? Why have investors suddenly started sending this embattled company higher?

AMP share price pulls back from the brink

Well, it’s not exactly clear – the company has not announced any news or major developments recently.

However, AMP hasn’t been entirely out of the limelight. The company has recently launched a new advertising campaign, highlighting its long history of wealth management in the Australian economy. The campaign launched with a 60-second television advertisement that played during Sunday’s NRL Grand Final, according to adnews.com.au.

According to AMP’s corporate newsroom, the new campaign is “focused on recognising the importance of investing for all Australians”.

Here’s some of what AMP CEO Alexis George had to say on the campaign:

AMP is one of the most recognised brands in Australia and has a long history of supporting its customers and the community to plan and invest for the future.

One of my key priorities since joining in August has been to restore pride and trust in AMP. I have spent time listening to our customers and can clearly see the underlying goodwill towards AMP – a goodwill that has been built over a 172-year history and a purpose of supporting Australians…

As we transform AMP, it will be important, more than ever, that we show how AMP can help every Australian achieve their goals through the services we offer.

So it’s possible this new marketing endeavour has given investors the boost they needed to buy back into AMP shares over the past week. Or it could just be a good old-fashioned rush to buy shares at a cheap price.

Whatever the reason for AMP’s stellar week or two, shareholders will no doubt be relieved that AMP has pulled back from the lows we saw last month. At least for now.

At the current AMP share price of $1.03, this company has a market capitalisation of $3.37 billion.

The post How has the AMP (ASX:AMP) share price beaten the market over the past week? appeared first on The Motley Fool Australia.

More reading

• Soul Patts (ASX:SOL) share price slips amid completed Milton merger
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Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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With so many shares to choose from on the ASX, it can be hard to decide which ones to buy. The good news is that brokers across the country are doing a lot of the hard work for you.

Three top ASX shares leading brokers have named as buys this week are listed below. Here’s why they are bullish on them:

Brambles Limited (ASX: BXB)

According to a note out of UBS, its analysts have upgraded this supply chain logistics company’s shares to a buy rating with an improved price target of $13.30. UBS believes that Brambles is well-positioned to benefit from current supply chain conditions. The broker expects the company to be able to lift prices beyond inflation due to a lack of availability of pallets. The Brambles share price is fetching $10.58 on Tuesday.

Life360 Inc (ASX: 360)

A note out of Morgan Stanley reveals that its analysts have retained their overweight rating and $10.50 price target on this app maker’s shares. The broker has been looking at app download data for the company’s increasingly popular Life360 app. That data reveals that downloads are up 71% over the year. Morgan Stanley believes this puts the company on track to deliver on its expectations this year. The Life360 share price is trading at $8.34 this afternoon.

Uniti Group Ltd (ASX: UWL)

Analysts at Bell Potter have upgraded this internet provider’s shares to a buy rating with a $4.50 price target. According to the note, the broker made the move largely on valuation grounds after some recent weakness in the Uniti share price. Its analysts believe the company’s shares are good value considering its strong growth prospects. Bell Potter expects underlying EBITDA of $146.3 million in FY 2022. This represents a 56% year on year increase and is expected to be driven by a mix of organic growth and full 12-month contributions from acquisitions. The Uniti share price is fetching $3.73 today.

The post Leading brokers name 3 ASX shares to buy today appeared first on The Motley Fool Australia.

More reading

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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 Life360, Inc. The Motley Fool Australia has recommended Uniti 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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The Volpara Health Technologies Ltd (ASX: VHT) share price is heading south today regardless of the company’s significant positive announcement.

At the time of writing, the healthcare technology company’s shares are down 2.54% to $1.15.

Volpara secures largest-ever contract

According to the company’s announcement, Volpara advised it has signed its biggest contract to date with leading US outpatient diagnostic imaging provider Akumin.

Founded in 2015, Akumin provides freestanding, fixed-site outpatient diagnostic imaging services in the United States. The company is considered the fastest growing provider in this market across the US.

Akumin has an extensive network of 170 locations in 11 states, conducting more than 5,000 procedures per day.

The five-year deal is valued at US$2.15 million which represents an annual recurring revenue (ARR) of US$430,000.

Under the agreement, Volpara will install its Patient Hub software across Akumin’s network of imaging centres. The software solution is expected to provide a standardised patient tracking platform that incorporates Volpara Risk and Scorecard.

As such, this will enable Akumin to accurately decide the appropriate personalised breast cancer screening pathway for each patient.

Volpara estimates that at least one of its software products is used in the breast cancer screening of more than 33% of women in the US.

Whilst the announcement is extremely positive, it appears the broader All Ordinaries Index (ASX: XAO) is weighing down the Volpara share price. The index is currently down 0.90% to 7,508.7 points.

Volpara group CEO Dr Ralph Highnam commented:

While we would not normally announce individual deals, this is Volpara’s highest-value contract signed to date.

We are experiencing tremendous momentum for our platform in the market as we bring together best-of-breed patient tracking, risk assessment, and density scoring to allow our customers to provide their patients with the individualised care they deserve.

Our platform provides both Volpara and our customers with a significant advantage and is enabling us to seek out opportunities that did not exist even a couple of years ago.

About the Volpara share price

The past 12 months have been disappointing for investors with the company’s shares down 13%. Year-to-date, their losses are further magnified, almost 20% lower over the period.

Based on today’s price, Volpara presides a market capitalisation of roughly $29 million and has approximately 251.3 million shares outstanding.

The post Volpara (ASX:VHT) share price edges lower despite biggest contract win appeared first on The Motley Fool Australia.

More reading

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• 2 top ASX growth shares that might be worth buying

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. owns shares of and has recommended VOLPARA FPO NZ. The Motley Fool Australia owns shares of and has recommended VOLPARA FPO NZ. 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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In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) has followed Wall Street’s lead and is tumbling lower. At the time of writing, the benchmark index is down 0.75% to 7,224.5 points.

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

Afterpay Ltd (ASX: APT)

The Afterpay share price is down 5% to $113.49. This follows a 5% pullback in the Square share price on Wall Street overnight. Afterpay and Square have agreed to an all-script takeover deal which will see the former’s shareholders receive 0.375 Square shares for each Afterpay share they own. In light of this, the value of the takeover rises and falls with the Square price.

Atomo Diagnostics Ltd (ASX: AT1)

The Atomo share price has fallen 9% to 30.5 cents. Investors have been selling the medical device company’s shares following the release of an announcement this morning. According to the release, Atomo and Access Bio have restructured their commercial relationship to reflect the evolving structural changes in the COVID-19 diagnostics market.

Opthea Ltd (ASX: OPT)

The Opthea share price is down almost 5% to $1.29. This is despite the biopharmaceutical company announcing the start of enrolment for its Phase 3 pivotal clinical program of OPT-302 in Europe. This clinical program is testing OPT-302 as a treatment for wet (neovascular) age-related macular degeneration (AMD).

Sealink Travel Group Ltd (ASX: SLK)

The Sealink share price is down 5% to $7.87. This morning UBS retained its buy rating but trimmed its price target on the travel and transport company’s shares to $10.20. This follows news that it failed to win the Melbourne Metro Bus Franchise contract. UBS felt that the market had been anticipating that Sealink would win this large contract. Nevertheless, UBS remains positive on the company’s outlook.

The post Why Afterpay, Atomo, Opthea, & Sealink shares are falling today appeared first on The Motley Fool Australia.

More reading

• Here’s why the Atomo (ASX:AT1) share price is crashing 9% today
• ASX 200 (ASX:XJO) midday update: Afterpay & Zip sink, energy shares rise
• Why the Zip (ASX:Z1P) share price is down 4% today
• Why did the Afterpay (ASX:APT) share price have such a bad month in September?
• ASX 200 tech shares set to slide as Nasdaq plunges 2%

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. The Motley Fool Australia owns shares of and has recommended AFTERPAY T FPO. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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