Tag: Motley Fool

  • 2 high yield ASX dividend shares for income investors to buy

    man carrying large dollar sign on his back representing high P/E ratio or dividend

    Are you fed up with the low interest rates on offer with savings accounts and term deposits? You’re certainly not alone if you are.

    But don’t worry, because the Australian share market is here to save the day with its countless dividend options. Two ASX dividend shares that can help you smash low rates are listed below:

    Charter Hall Social Infrastructure REIT (ASX: CQE)

    The first ASX dividend share to consider buying today is the Charter Hall Social Infrastructure REIT. It is a real estate investment trust with a focus on properties with specialist use, limited competition, and low substitution risk.

    Charter Hall Social Infrastructure REIT’s portfolio comprises bus depots, police and justice services facilities, and childcare centres. In respect to the latter, the REIT is the country’s largest owner of early learning centres, actively partnering with 35 high quality childcare operators.

    The company recently released its half year results and reported a 14.1% increase in operating earnings to $29.1 million. Another couple of positives were it weighted average lease expiry (WALE) of 14 years and an occupancy rate of 99.7%.

    In light of its strong performance, the Charter Hall Social Infrastructure REIT board lifted its FY 2021 distribution guidance to 15.7 cents per unit. Based on the current Charter Hall Social Infrastructure share price, this represents a 5.15% yield.

    One broker that is a fan is Goldman Sachs. It currently has a conviction buy rating and $3.45 price target on its shares.

    Super Retail Group Ltd (ASX: SUL)

    Another ASX dividend share to consider buying is Super Retail. It is diversified retail company with a collection of popular brands. These include Super Cheap Auto, BCF, Macpac, and Rebel. 

    It was also on form during the first half of FY 2021. For the six months ended 31 December, the company reported a 23% increase in sales to $1.78 billion and a 139% increase in underlying net profit after tax to $177.1 million. 

    Underpinning this growth was solid like for like sales across the company, a favourable shift in consumer spending, and strong online sales. The latter increased 87% over the prior corresponding period to $237.4 million.

    This result went down well with analysts at Citi. In response to it, the broker put a buy rating and $14.00 price target on the company’s shares. It is expecting a 73.5 cents per share dividend in FY 2021. Based on the current Super Retail share price, this represents a fully franked 6.3% yield.

    These Dividend Stocks Could Be Your Next Cash Kings (FREE REPORT)

    Motley Fool Australia’s Dividend experts recently released a brand-new FREE report revealing 3 dividend stocks with JUICY franked dividends that could keep paying you meaty dividends for years to come.

    Our team of investors think these 3 dividend stocks should be a ‘must consider’ for any savvy dividend investor. But more importantly, could potentially make Australian investors a heap of passive income.

    Don’t miss out! Simply click the link below to grab your free copy and discover these 3 high conviction stocks now.

    Returns As of 15th February 2021

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    Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Super Retail 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 the Select Harvests (ASX:SHV) share price is on watch

    farming asx share price represented by piles of almonds

    The Select Harvests Limited (ASX: SHV) share price will be on watch this morning after the company released a market update late yesterday afternoon. At Monday’s market close, the almond producer’s shares finished the day at $6.11.

    Why is the Select Harvests share price in focus?

    The Select Harvest share price could be on the move following the company’s latest update on current market conditions.

    According to its release, 50% of Select Harvests’ crop has so far been harvested. While Victoria and South Australia have experienced favourable weather, New South Wales has been impacted by heavy rains recently.

    The company noted however that its open shell nonpareil variety harvest has been completed with minimal disruption. It stated that its affected product is the later harvested closed shell pollinator varieties.

    Should weather remain calm, Select Harvests is hoping to complete the harvest within the next few weeks. Notably, the company anticipates no volume impact from the rain, and maintains its previous forecast of over 27,000 metric tonnes to be harvested.

    The 50% of the crop that has been collected was delivered to the Carina West processing facility. At current, over 10% of the received crop has been processed.

    Select Harvests revealed that it has orders for 20% of its forecast crop at $6.60 per kilo, but this does not reflect the total tool price.

    The outlook for growing and processing costs are expected to remain flat year on year. The company advised water and energy prices appear positive along with tree health and bud development for the 2022 crop.

    Market conditions

    Select Harvests said that its United States industry has suffered extremely dry weather conditions and an uninterrupted pollination period. Industry experts are projecting that crops will be lower compared to last year’s harvest.

    The Almond Board of California Position Report for February reported achieved crop receipts of 3.1 billion pounds, up 22% on last year. In addition, year-to-date shipments increased 16.2% with forward commitments up 50.5% on the prior corresponding period.

    Across the pacific, the Almond Board of Australia Position Report for January recorded year-on-year exports down 1.6%, but up 9% for the same month last year. The South/Central Asia market saw growth of 37% when matched against last year to date.

    Lastly, the company confirmed that both its Australian and United States processors are facing shipping delays. This is due to container shortages and COVID-19 lockdowns. Select Harvests believes that distribution channels will return to normal in future.

    Foolish takeaway

    The Select Harvests share price has lost more than 10% over the past 12 months but gained over 15% year to date. The company’s shares last hit a 52-week high of $7.98 in late May 2020.

    Based on valuation grounds, Select Harvests has a market capitalisation of roughly $734.5 million, with about 120.2 million shares outstanding.

    Where to 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 are the five best ASX stocks for investors to buy right now. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now.

    *Returns as of February 15th 2021

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    Motley Fool contributor Aaron Teboneras 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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  • Morgan Stanley says that Chinese shares are an opportunity right now

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    The global investment bank Morgan Stanley has said that Chinese shares could be an investing opportunity right now.

    What did Morgan Stanley say about Chinese shares?

    The chief investment officer (CIO) of Morgan Stanley’s wealth management, Lisa Shalett, explained that whilst the US share market has rebounded from the concerns about rising interest rates, the Chinese share market has dropped, with one Chinese index being down 14% over one month.

    Ms Shalett explained that some investors might be concerned about further weakness in China because of the slowing long-term growth and the possibility of a higher interest rate.

    But Morgan Stanley doesn’t think that investors should be worried, indeed it said that the selloff could be a buying opportunity.

    China was the only major country in the world to see GDP growth in 2020 and growth this year could be better than some economists are expecting because of two reasons.

    One reason Ms Shalett pointed out is that rising US bond yields and inflation expectations supposedly help stem the dollar’s weakness against the Chinese currency, which is a potential positive for Chinese exporters.

    The other reason is that a high level of demand and high level of household savings in China could lead to consumption growth of 8% to 10% over the next two years, according to an independent research organisation called Alpine Macro.

    Another point to remember is that whilst the northern hemisphere (and Australia) have unleashed huge amount of stimulus to boost the economy, China only provided stimulus equivalent to 1.5% of GDP. This should mean there won’t be much of an ecominic drag in China as the stimulus ends.

    Ms Shalett also said that Chinese real yields have already moved in solidly positive territory, which may negate the need to raise interests in the short-term. The country also has a large amount of oil in stockpiles so it shouldn’t suffer as much from higher oil prices this year.

    The bottom line

    The Morgan Stanley CIO’s final thoughts on Chinese shares were as follows:

    We recommend that investors consider using emerging-market weakness as an opportunity to add to China A-Shares, which are more leveraged to global pro-cyclical and value themes than expensive tech and social media names.

    How to invest in Chinese shares?

    Obviously there aren’t any large Chinese shares that you can invest directly into on the ASX.

    However, there are some exchange-traded funds (ETFs) that do offer exposure to Chinese shares. For example, Betashares Asia Technology Tigers ETF (ASX: ASIA) – which is down almost 20% since the middle of February 2021 – gives exposure to plenty of Chinese shares.

    Some of its Chinese holdings include Tencent, Meituan, Alibaba, JD.com, Pinduoduo, Netease, Baidu, Ke Holdings, Bilibili, Vipshop, Alibaba Health Information Technology, Autohome, GDS and Tencent Music Entertainment.

    Where to 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 are the five best ASX stocks for investors to buy right now. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now.

    *Returns as of February 15th 2021

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    Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended BetaShares Asia Technology Tigers 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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  • LIVE COVERAGE: ASX to climb; CBA shares go ex-dividend

    Where to 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 are the five best ASX stocks for investors to buy right now. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now.

    *Returns as of February 15th 2021

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    Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Kate O’Brien owns shares of Apple and Rio Tinto Ltd. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and recommends Alphabet (A shares), Alphabet (C shares), and Apple. The Motley Fool Australia has recommended Alphabet (A shares), Alphabet (C shares), and Apple. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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  • 2 rapidly growing ASX shares that could be strong buys in April

    A drawing of a white rocket streaking up, indicating a surging share pirce movement

    If you’re looking to boost your portfolio with some growth shares, then you might want to look at the ones listed below.

    Here’s why these quality ASX growth shares have been tipped as ones to buy right now:

    Adore Beauty Group Limited (ASX: ABY)

    The first ASX growth share to look at is Adore Beauty. It is Australia’s leading online beauty retailer, with almost 800,000 active customers.

    Adore Beauty has been growing at a rapid rate in recent years and particularly during FY 2021. For example, last month the company reported an 85% increase in revenue to $96.2 million and a 188% jump in EBITDA to $5.2 million.

    The good news is that this is still only a very small slice of its overall market opportunity in the region. This gives the company a significant runway for growth over the next decade, especially given the relatively low penetration of online beauty sales compared to other Western markets.

    Analysts at UBS appear positive on the company’s prospects. Last month the broker upgraded the company’s shares to a buy rating with a $6.20 price target.

    NEXTDC Ltd (ASX: NXT)

    Another ASX growth share to look at is NEXTDC. It is Australia’s leading data centre operator with a collection of nine world-class centres located across the country.

    But it isn’t settling for that, the company is currently looking to expand its offering into both the Singapore and Tokyo markets. If this expansion is a success, it could provide NEXTDC with a huge market opportunity to grow into.

    In the meantime, though, NEXTDC is generating significant revenue and earnings in the local market. For example, during the first half of FY 2021, the company posted a 27% increase in data centre services revenue to a record $121.6 million and a 29% increase in EBITDA to $65.7 million.

    This was underpinned by a 33% lift in contracted utilisation to 71MW, a 16% lift in customers, and a 16% rise in interconnections.

    Positively, more of the same is expected in the second half thanks to the accelerating shift to the cloud, which has led to very strong demand for capacity in its centres.

    UBS is also a fan of NEXTDC. Its analysts currently have a buy rating and $15.40 price target on its shares.

    Where to 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 are the five best ASX stocks for investors to buy right now. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now.

    *Returns as of February 15th 2021

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  • Where to reinvest your Commonwealth Bank (ASX:CBA) dividends

    Businessman paying Australian money, ASX shares

    If you’re an eligible shareholder of Commonwealth Bank of Australia (ASX: CBA), then today you will be paid the banking giant’s fully franked 150 cents per share interim dividend.

    While a good number of shareholders will be using these funds as a source of income, some might want to reinvest these dividends back into the share market.

    With that in mind, I have picked out three ASX shares that could be good options for these dividends:

    Altium Limited (ASX: ALU)

    Altium could be a good option for these funds. It is an award-winning printed circuit board design software provider which has been growing very strongly over the last decade. The good news is that with demand expected to increase because of the artificial intelligence and Internet of Things markets, the next decade looks likely to be similarly successful. Particularly given how its platform is head and shoulders above the competition. Analysts at Credit Suisse are positive on the company and recently put an outperform rating and $35.00 price target on its shares.

    CSL Limited (ASX: CSL)

    If you’re looking for a blue chip ASX share to buy with these funds, then CSL could be a good option. Especially following a sharp pullback in the CSL share price in recent months due to concerns over COVID-19 headwinds. Once these headwinds ease, the company looks well-placed to resume its growth. Particularly given the strong demand for its therapies and vaccines and its lucrative R&D pipeline. Credit Suisse is a fan of CSL as well. It recently upgraded its shares to an outperform rating with a $315.00 price target.

    Telstra Corporation Ltd (ASX: TLS)

    If you’re interested in generating even more dividends, then you might want to look at Telstra. This telco giant has had a few tough years because of the NBN rollout, but the future is looking increasingly positive. This is thanks to the simplification of its business, cost cutting, and rational competition in the telco market. In light of this, Goldman Sachs believes Telstra’s dividend has bottomed. It expects the company to pay a 16 cents per share fully franked dividend for the foreseeable future. Based on the latest Telstra share price, this equates to a 4.7% dividend yield.

    These Dividend Stocks Could Be Your Next Cash Kings (FREE REPORT)

    Motley Fool Australia’s Dividend experts recently released a brand-new FREE report revealing 3 dividend stocks with JUICY franked dividends that could keep paying you meaty dividends for years to come.

    Our team of investors think these 3 dividend stocks should be a ‘must consider’ for any savvy dividend investor. But more importantly, could potentially make Australian investors a heap of passive income.

    Don’t miss out! Simply click the link below to grab your free copy and discover these 3 high conviction stocks now.

    Returns As of 15th February 2021

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    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 recommends Altium. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of CSL Ltd. The Motley Fool Australia owns shares of and has recommended Telstra 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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  • 5 things to watch on the ASX 200 on Tuesday

    Investor sitting in front of multiple screens watching share prices

    On Tuesday the S&P/ASX 200 Index (ASX: XJO) was out of form and started the week with a disappointing decline. The benchmark index fell 0.35% to 6,799.5 points.

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

    ASX 200 futures pointing higher

    The Australian share market looks set to rebound on Tuesday. According to the latest SPI future, the ASX 200 is poised to open 41 points or 0.6% higher this morning. This is despite it being a mixed night of trade on Wall Street. Late on, the Dow Jones is up 0.35% but the S&P 500 is down slightly and the Nasdaq index has fallen 0.65%. The forced liquidation of positions held by the multibillion-dollar family office Archegos Capital Management has been weighing on US shares.

    Oil prices rise

    Energy producers such as Beach Energy Ltd (ASX: BPT) and Woodside Petroleum Limited (ASX: WPL) will be on watch after oil prices pushed higher despite the Suez Canal opening for business again. According to Bloomberg, the WTI crude oil price is up 0.85% to US$61.50 a barrel and the Brent crude oil price has risen 0.6% to US$64.96 a barrel.

    Tech shares under pressure

    Tech favourites such as Afterpay Ltd (ASX: APT) and Zip Co Ltd (ASX: Z1P) could have another tough day on Tuesday after US tech stocks sank lower overnight. This appears to have been driven by a small rise in bond yields on Monday. At the time of writing, the tech-focused Nasdaq index is down 0.65%.

    Gold price sinks

    Gold miners Evolution Mining Ltd (ASX: EVN) and Northern Star Resources Ltd (ASX: NST) could have a difficult day after the gold price tumbled lower. According to CNBC, the spot gold price is down 1.35% to US$1,711.20 an ounce. Traders were selling the precious metal after the US dollar strengthened and bond yields rose.

    Shares going ex-dividend

    A number of shares are going ex-dividend this morning and could trade lower. This includes Atlas Arteria Group (ASX: ALX), Centuria Industrial REIT (ASX: CIP), and Cromwell Property Group (ASX: CMW). Elsewhere, eligible Commonwealth Bank of Australia (ASX: CBA) shareholders can look forward to being paid the banking giant’s 150 cents per share dividend this morning.

    Where to 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 are the five best ASX stocks for investors to buy right now. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now.

    *Returns as of February 15th 2021

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    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 ZIPCOLTD FPO. The Motley Fool Australia owns shares of 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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  • 2 of the best ASX 50 shares to buy in April

    hand selecting happy face from choice of happy, sad and neutral signifying best ASX shares

    Although the S&P/ASX 50 index may not be as well-known as the S&P/ASX 200 Index (ASX: XJO), it is arguably just as important.

    This illustrious index is home to 50 of the largest companies on the Australian share market. These include household names and companies that are regarded as true blue chip shares.

    Not all shares on the index are necessarily in the buy zone, but two that come highly rated are listed below:

    CSL Limited (ASX: CSL)

    The first ASX 50 share to consider is CSL. This leading biotechnology company manufactures and develops a portfolio of leading therapies and vaccines. This includes flu vaccines, immunoglobulins, and countless other plasma-based products. It also operates one of the most wide-reaching plasma collection networks.

    While plasma collections have been tough during the pandemic due to social distancing, lockdowns, and government stimulus (people often donate for the money), this headwind is only expected to be temporary and not structural. In light of this, as the crisis eases, collections should become easier and its costs of sales will reduce again.

    In light of this, a number of brokers believe the recent weakness in the CSL share price is an opportunity to buy the shares of one of Australia’s highest quality companies at an attractive price.

    One of those brokers is Credit Suisse. Last week the broker upgraded CSL’s shares to an outperform rating with a $315.00 price target.

    Goodman Group (ASX: GMG)

    Another ASX 50 share to look at is Goodman Group. It is one of the world’s leading integrated commercial and industrial property companies that owns, develops, and manages industrial real estate across a total of 17 countries.

    Goodman has been a very positive performer over the last decade. This has been driven by its outstanding portfolio of assets that have exposure to industries benefiting from structural tailwinds. These include booming areas of the economy such as ecommerce, logistics, and data centres.

    It was thanks to the quality of its portfolio that Goodman recently released a strong half year result. For the six months ended 31 December, it reported a 16% increase in operating profit to $614.9 million. 

    Macquarie was pleased with its first half update and is positive on its outlook. As a result, it recently upgraded its shares to an outperform rating with a price target of $20.39.

    Where to 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 are the five best ASX stocks for investors to buy right now. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now.

    *Returns as of February 15th 2021

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    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 CSL Ltd. 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 the Digital Wine (ASX:DW8) share price is on ice

    Bottles of wine or champagne on ice, indicating a trading halt or freeze for ASX wine companies

    The Digital Wine Ventures Ltd (ASX: DW8) share price has been brought to a halt in trading today ahead of a significant announcement. As such, shares in the company remain frozen at 14.5 cents, the trading price at Friday’s market close.

    The news comes on the back of a remarkable month for the company that has seen its share price rise by an impressive 107%.

    What’s happening?

    Shares in the company are at a standstill pending the release of an announcement regarding a material partnership agreement. 

    The trading halt will remain until this Wednesday or when the company releases its news. Whichever comes first.

    Investors will have to remain patient until the announcement is made. However, the Digital Wine share price has been performing well as of late.

    Last week, the company signed a significant agreement with global giant eBay Inc (NASDAQ: EBAY). The agreement will enable eBay shoppers to choose wines on its platform. They then are packaged and transported by Digital Wine’s WINEDEPOT platform.

    This follows a major international deal in February when Digital Wine announced a partnership with Vivino, the “world’s largest wine app and marketplace”. 

    About the Digital Wine share price

    Digital Wine is a Sydney-based company that invests in early-stage, tech-driven ventures that can potentially disrupt the global beverage market. To this end, the company’s primary project is WINEDEPOT.

    WINEDEPOT is engaged in the distribution of premium wine. It also undertakes bulk wine production and contract wine processing. The company’s focus on the Asian retail wine market allows its customers in China to purchase wine from around the world. All at the press of a button from phones, tablets or laptops.

    The Digital Wine share price has had a great year on the ASX, up 1,350% over the last 12 months. As such, the company currently boasts a market capitalisation of around $240 million.

    Where to 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 are the five best ASX stocks for investors to buy right now. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now.

    *Returns as of February 15th 2021

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    Motley Fool contributor Daniel Ewing 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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  • 2 quality ASX growth shares to buy for April

    Five stacked building blocks with green arrows, indicating rising inflation or share prices

    ASX growth shares can be a really good way to grow your portfolio over the long-term. April 2021 could be the time to jump on some of these opportunities.

    Some investments have plenty of growth potential over the long-term, particularly if they’re exposed to growth opportunities outside of Australia.

    These two ASX growth shares could be worth looking into:

    Bubs Australia Ltd (ASX: BUB)

    Bubs is one of the infant formula manufacturers on the ASX. It’s somewhat different because it specialises in goat milk infant formula.

    Just like its larger competitor A2 Milk Company Ltd (ASX: A2M), Bubs suffered during the first quarter of FY21 because of a heavy impact of pantry de-stocking as well as much lower demand from daigou buyers.

    However, Bubs is now seeing a strong turnaround in demand, starting in the second quarter of FY21. It saw group quarterly gross revenue of $12.8 million – up 36% quarter on quarter, though it was still down 12% on the prior corresponding period.

    There were plenty of growth statistics reported in the three months to 31 December 2020. China cross border e-commerce (CBEC) sales went up 27% quarter on quarter, adult goat dairy gross revenue increased 45% and Bubs infant nutrition revenue grew 27%.

    It’s making particularly strong progress in two key areas – Australia’s biggest retailers and with export markets outside of China.

    The ASX growth share reported to investors that it’s the fastest growing infant formula manufacturer across Woolworths Group Ltd (ASX: WOW), Coles Group Ltd (ASX: COL) and Chemist Warehouse with combined retail scan sales at the checkout up 41% quarter on quarter.

    Export sales to markets outside of China are showing the strongest signs of improvement, with growth of 194% quarter on quarter.  

    VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)

    This has been one of the best-performing exchange-traded funds (ETFs) over the last five years with a net return per annum of 17.3%. That’s after the annual management fee cost of 0.49%.

    These returns have been generated by a portfolio of US shares that is constructed by analysts from Morningstar that are looking for businesses with sustainable competitive advantages, or wide economic moats. To make it into the portfolio, the companies have to be trading at an attractive price compared to Morningstar’s estimate of fair value after going through a rigorous equity research process.

    As of 26 March 2021, some of the biggest positions were: Facebook, General Dynamics, Gilead Sciences, Alphabet, Guidewire Software, Intel, John Wiley & Sons and Kellogg Co.

    In terms of the sector weightings, more than five industries have exposure above 10%: information technology (19%), financials (18.6%), health care (17.9%), industrials (11.9%) and consumer staples (10.2%).

    Where to 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 are the five best ASX stocks for investors to buy right now. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now.

    *Returns as of February 15th 2021

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    Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of BUBS AUST FPO. The Motley Fool Australia owns shares of and has recommended A2 Milk. The Motley Fool Australia owns shares of COLESGROUP DEF SET and Woolworths Limited. The Motley Fool Australia has recommended BUBS AUST FPO and 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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