Tag: Motley Fool

  • Brokers name 3 ASX shares to buy now

    A happy male investor turns around on his chair to look at a friend while a laptop runs on his desk showing share price movements

    A happy male investor turns around on his chair to look at a friend while a laptop runs on his desk showing share price movements

    With many brokers taking a break over the holiday period, there hasn’t been many broker notes released this week.

    But don’t worry, listed below are a few recent recommendations that remain relevant today. Here’s what brokers are saying about these ASX shares:

    Aristocrat Leisure Limited (ASX: ALL)

    According to a note out of Citi, its analysts have a buy rating and $41.20 price target on this gaming technology company’s shares. Citi notes that industry data points to digital bookings showing signs of rebasing recently. The broker feels this as a positive for Aristocrat, particularly given that its Pixel United business continues to outperform peers. In addition, Citi continues to view Aristocrat’s land-based business as well positioned for growth and is optimistic on the company’s opportunity in real money gaming. The Aristocrat share price is trading at $31.38 this afternoon.

    Brickworks Limited (ASX: BKW)

    A note out of Morgans reveals that its analysts have an add rating and $24.50 price target on this building products company’s shares. Morgans believes that Brickworks’ shares are cheap based on the current 40% discount to inferred net tangible assets and the pipeline of value accretive projects to be potentially realised over coming years. The Brickworks share price is fetching $22.80 on Friday.

    Coronado Global Resources Inc (ASX: CRN)

    Analysts at Macquarie have an outperform rating and $3.10 price target on this coal miner’s shares According to the note, although Macquarie feels that Coronado is unlikely to achieve its guidance in FY 2022 due to poor weather, it remains positive. This is due to strong metallurgical coal prices, which it expects to underpin bumper earnings and dividends in FY 2023. The Coronado share price is trading at $1.98 on Friday afternoon.

    The post Brokers name 3 ASX shares to buy now appeared first on The Motley Fool Australia.

    FREE Investing Guide for Beginners

    Despite what some people may say – we believe investing in shares doesn’t have to be overwhelming or complicated…

    For over a decade, we’ve been helping everyday Aussies get started on their journey.

    And to help even more people cut through some of the confusion “experts’” seem to want to perpetuate – we’ve created a brand-new “how to” guide.

    Yes, Claim my FREE copy!
    *Returns as of January 5 2023

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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 positions in and has recommended Brickworks. The Motley Fool Australia has positions in and has recommended Brickworks. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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  • Why is the Pilbara Minerals share price racing 6% higher today?

    A female employee in a hard hat and overalls with high visibility stripes sits at the wheel of a large mining vehicle with mining equipment in the background.A female employee in a hard hat and overalls with high visibility stripes sits at the wheel of a large mining vehicle with mining equipment in the background.

    The Pilbara Minerals Ltd (ASX: PLS) share price is having a top run today.

    Pilbara shares are rising 6.45% and are currently trading at $3.96. For perspective, the S&P/ASX 200 Index (ASX: XJO) is rising 0.41%.

    Let’s have a look at what is going on with the Pilbara Minerals share price.

    What’s going on?

    Pilbara Minerals is not the only ASX lithium share lifting today. Core Lithium Ltd (ASX: CXO) shares are lifting 8%, while Sayona Mining Ltd (ASX: SYA) shares are rising nearly 5%.

    The S&P/ASX 200 Materials Index (ASX: XMJ) is climbing 2.2% today.

    Investor sentiment on electric vehicle (EV) sales could be providing lithium shares with a boost today. Lithium is an essential component of EV batteries.

    New analysis from EY Global released overnight reveals EV sales in the US, China and Europe will “outpace all other engines three years sooner than expected”. Combined EV sales are predicted to outstrip all other engine sales by 2030.

    EY Global Advanced Manufacturing and Mobility Leader Randall Miller said:

    Despite a series of finance and energy related headwinds in the last 12 months, the EV revolution continues to gain momentum and the point at which we think EVs will come to dominate the marketplace has actually moved forward.

    Meanwhile, EV sales in Australia nearly doubled in 2022 from 17,243 in 2021 to 33,410 in 2022, drive.com.au reported today.

    Pilbara shares have climbed 3.98% since market close on 30 December. Pilbara has not released any news to the market this week.

    However, on 21 December, Pilbara provided an offtake and project expansion update. The company advised it has achieved a “significant improvement” in pricing outcomes with major offtake customers. Managing director and CEO Dale Henderson said:

    The revised pricing outcomes with our major offtake customers represent a very positive outcome for our shareholders, reflecting the strong market for lithium raw materials supply and bringing our contracted pricing in alignment with the broader market.

    Pilbara Minerals share price snapshot

    The Pilbara Minerals share price has returned 16% in the last year.

    Pilbara has a market capitalisation of about $11.15 billion based on the current share price.

    The post Why is the Pilbara Minerals share price racing 6% higher today? appeared first on The Motley Fool Australia.

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

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

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

    See The 5 Stocks
    *Returns as of January 5 2023

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    Motley Fool contributor Monica O’Shea 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 Scott Phillips.

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  • Build a strong portfolio in 2023 with these ASX 200 blue chip shares: experts

    RIO BHP Profit upgrade A business man open his shirt to reveal a superhero style $ on his chest, indicating a strong ASX share price

    RIO BHP Profit upgrade A business man open his shirt to reveal a superhero style $ on his chest, indicating a strong ASX share price

    When it comes to building a strong portfolio, having a few ASX 200 blue chip shares in there could be a smart move.

    Blue chips are generally companies with a long track record of stability, reliability, and strong performance. They are typically well-established and have a reputation for producing high-quality products or services.

    In addition, blue chips tend to pay dividends to their shareholders, which can provide a steady stream of income.

    And while they may not grow as rapidly as smaller companies, many blue chips still offer solid growth potential. As a result, they can still provide investors with the opportunity to earn a better than average return on their investment over the long term.

    Which ASX 200 blue chip shares are buy?

    Listed below are three ASX 200 blue chip shares that have been rated as buys for 2023. Here’s what you need to know:

    CSL Limited (ASX: CSL)

    The first ASX 200 blue chip share that has been tipped as a buy is CSL. It is one of the world’s leading biotherapeutics companies and the owner of the CSL Behring, CSL Vifor, and Seqirus businesses. Citi is positive on its outlook and is forecasting earnings per share growth greater than 20% in both FY 2023 and FY 2024.

    Its analysts have a buy rating and $340.00 price target on CSL’s shares.

    Goodman Group (ASX: GMG)

    Citi is also a fan of this industrial property company. It remains positive on the industrial property space and highlights Goodman’s “best-in-class balance sheet.” Overall, the broker is forecasting solid earnings growth through to at least FY 2025.

    Citi has a a buy rating and $23.50 price target on Goodman’s shares.

    Woolworths Limited (ASX: WOW)

    Goldman Sachs is a big fan of this ASX 200 blue chip share. The broker expects Woolworths’ strong market position and digital leadership to support further market share and margin gains in the coming years. It expects this to underpin a “~3% sales and ~9% NPAT FY22-25e CAGR.”

    The broker currently has a conviction buy rating and $41.70 price target on the company’s shares.

    The post Build a strong portfolio in 2023 with these ASX 200 blue chip shares: experts appeared first on The Motley Fool Australia.

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

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

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

    See The 5 Stocks
    *Returns as of January 5 2023

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    Motley Fool contributor James Mickleboro has positions in CSL. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended CSL. 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 Scott Phillips.

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  • Why Magellan, Pointsbet, Star, and Zip shares are dropping today

    A man slumps crankily over his morning coffee as it pours with rain outside.

    A man slumps crankily over his morning coffee as it pours with rain outside.

    The S&P/ASX 200 Index (ASX: XJO) is on course to end the week with a decent gain. In afternoon trade, the benchmark index is up 0.5% to 7,098.2 points.

    Four ASX shares that have failed to climb with the market today are listed below. Here’s why they are dropping:

    Magellan Financial Group Ltd (ASX: MFG)

    The Magellan share price is down 9% to $8.84. Investors have been hitting the sell button today after the fund manager released another dismal funds under management update. Magellan revealed that its funds under management declined by 10% or $4.9 billion last month. Management also advised that its performance fees would not be material for the six months to 31 December.

    Pointsbet Holdings Ltd (ASX: PBH)

    The Pointsbet share price is down 2.5% to $1.63. This follows a poor night of trade for tech shares on Wall Street overnight. Investors were selling tech shares after strong US jobs data appeared to support the Federal Reserve’s aggressive rate hike plans.

    Star Entertainment Group Ltd (ASX: SGR)

    The Star share price is down a further 2.5% to $1.79. Investors have been selling this casino and resorts operator’s shares in recent weeks amid concerns over a proposed new gambling tax. Goldman Sachs warned that the “NSW government’s proposed casino tax reforms pose a significant earnings risk for SGR’s Sydney casino.” The Star share price is now down 30% since this time last month.

    Zip Co Ltd (ASX: ZIP)

    The Zip share price is down 4% to 60 cents. This may have been driven by profit taking from some investors after the buy now pay later provider’s shares rocketed higher in recent sessions. Even after today’s decline, the Zip share price is still up 12% since this time last week.

    The post Why Magellan, Pointsbet, Star, and Zip shares are dropping today appeared first on The Motley Fool Australia.

    Turn the market pullback to your advantage today

    The recent market pullback in stocks has been eye watering…

    But there is a silver lining because, historically, some millionaires are made in bear markets.

    And when investors can find world-class stocks at severe discounts you have to wonder…

    Have you got these four ‘pullback stocks’ in your portfolio?

    See The 4 Stocks
    *Returns as of January 5 2023

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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 positions in and has recommended PointsBet and Zip Co. The Motley Fool Australia has recommended PointsBet. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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  • These are the top 3 ASX 200 shares in the first week of 2023

    A man clenches his fists in excitement as gold coins fall from the sky.A man clenches his fists in excitement as gold coins fall from the sky.

    S&P/ASX 200 Index (ASX: XJO) shares are in positive territory again today. That sees the benchmark index up 0.8% in the first week of 2023.

    Of course, not all ASX 200 shares have performed equally.

    While the year is young, and we’re not quite through the final trading day of week one, below are the top three performers so far.

    Gold stocks shining bright

    The number two and number three top-gaining ASX 200 shares so far in 2023 are both blue-chip gold producers.

    Coming in at number three is Ramelius Resources Limited (ASX: RMS). The Ramelius share price is up 9.4% this week as we head into the lunch hour, currently trading for $1.02 per share.

    With an 11.8% share price gain this week St Barbara Ltd (ASX: SBM) takes the number two spot. St Barbara shares are currently swapping hands for 87 cents.

    With no price-sensitive news out, both ASX 200 shares look to be beneficiaries of a rising gold price. Although bullion dipped overnight, it remains up 0.5% in the calendar year, currently trading for US$1,833 per troy ounce.

    On Wednesday, the big gold stocks enjoyed some healthy tailwinds as gold prices hit US$1,855. That was up almost 14% since the recent 3 November lows.

    The best ASX 200 share performer in 2023 to date

    The winner by a nose is Silver Lake Resources Limited (ASX: SLR) which is up 12% in 2023 at the time of writing.

    Silver Lake is also a gold miner and producer, with a market cap of just north of $1.2 billion.

    With all three top-performing ASX 200 shares strongly focused on gold, it appears investors may be taking a bullish outlook on the demand for the yellow metal in the year ahead.

    The post These are the top 3 ASX 200 shares in the first week of 2023 appeared first on The Motley Fool Australia.

    FREE Beginners Investing Guide

    Despite what some people may say – we believe investing in shares doesn’t have to be overwhelming or complicated…

    For over a decade, we’ve been helping everyday Aussies get started on their journey.

    And to help even more people cut through some of the confusion “experts’” seem to want to perpetuate – we’ve created a brand-new “how to” guide.

    Yes, Claim my FREE copy!
    *Returns as of January 5 2023

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    Motley Fool contributor Bernd Struben 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 Scott Phillips.

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  • Why BHP, Core Lithium, Santos, and Winsome shares are charging higher

    A woman wearing headphones looks delighted and animated on news she's receiving from her mobile phone that she is holding close to her face.

    A woman wearing headphones looks delighted and animated on news she's receiving from her mobile phone that she is holding close to her face.

    In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to end the week on a positive note. At the time of writing, the benchmark index is up 0.5% to 7,100.9 points.

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

    BHP Group Ltd (ASX: BHP)

    The BHP share price is up 3% to $47.33. This follows a strong night of trade for the mining giant’s shares on Wall Street overnight. Investors appear to have been buying BHP and other miners on the belief that China’s recovery from the pandemic will boost demand for commodities.

    Core Lithium Ltd (ASX: CXO)

    The Core Lithium share price is up over 6% to $1.18. This follows a rebound in the lithium industry on Friday. In addition, on Thursday, Core Lithium revealed that it has shipped 15,000 dry metric tonnes (dmt) of 1.4% Li2O spodumene Direct Shipping Ore (DSO) from the Finniss Lithium Operation to a customer in China. Core Lithium sold the lithium at a price of $US951 per dmt, which values the shipment at approximately US$14.25 million.

    Santos Ltd (ASX: STO)

    The Santos share price is up 2% to $7.04. Investors have been buying Santos and other energy shares on Friday after oil prices rebounded overnight. This has led to the S&P/ASX 200 Energy index rising 1.9% this afternoon.

    Winsome Resources Ltd (ASX: WR1)

    The Winsome share price is up 34% to $1.68. This has been driven by the release of a drilling update from this lithium explorer this morning. According to the release, Winsome Resources reported 1.34% Li2O over 107.6 metres at a hole from the Adina project in Quebec, Canada. This included high-grade intersections of up to 2.21% Li2O over 30.0 metres from 41.0 metres to 71.0 metres.

    The post Why BHP, Core Lithium, Santos, and Winsome shares are charging higher appeared first on The Motley Fool Australia.

    FREE Investing Guide for Beginners

    Despite what some people may say – we believe investing in shares doesn’t have to be overwhelming or complicated…

    For over a decade, we’ve been helping everyday Aussies get started on their journey.

    And to help even more people cut through some of the confusion “experts’” seem to want to perpetuate – we’ve created a brand-new “how to” guide.

    Yes, Claim my FREE copy!
    *Returns as of January 5 2023

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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 Scott Phillips.

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  • 3 ASX 200 automotive shares worth buying despite headwinds: Citi

    a car dealer stands amid a selection of cars parked in a showroom while he is holding a set of keys and paperwork in his other hand.a car dealer stands amid a selection of cars parked in a showroom while he is holding a set of keys and paperwork in his other hand.

    Three ASX automotive shares could be buys in 2023 according to Citi analysts.

    The three shares are Bapcor Ltd (ASX: BAP), ARB Corporation Ltd (ASX: ARB) and G.U.D. Holdings Ltd (ASX: GUD).

    Let’s take a look at the outlook for ASX 200 automotive shares in more detail.

    What’s the outlook?

    Citi recommends multiple ASX 200 automotive shares amid a rise in new car sales.

    Data from the Federal Chamber of Automotive Industries (FCAI) showed a 31.9% lift in SUV vehicle sales in November. New vehicle sales lifted 17.9% compared to November 2021. Passenger vehicles fell 0.8%. Toyota was the market leader during the month, with Mazda and Ford following next.

    Citi analyst Sam Teeger, quoted in The Australian, said “consumer demand for new cars appears to be holding up” but remains cautious amid higher interest rates and cost of living pressures.

    Bapcor is Citi’s “top pick” in small-cap auto. This is due to its “relatively less-discretionary product offering” and potentially “conservative fiscal 2025 consensus earnings”.

    The analyst also rates ARB Corporation as a buy given its strong balance sheet, while G.U.D also gained a mention. In a note to clients cited by the publication, Teeger added:

    While both ARB and GUD should benefit as (car manufacturer) supply recovers, we see ARB relatively better positioned due to its export growth potential and a stronger balance sheet.

    Given ARB’s long-term growth prospects appear unchanged, we see the current
    weakness as temporary and as an opportunity to get set in a quality long-term
    growth story

    ARB Corporation designs, manufactures and distributes four-wheel-drive and light commercial vehicle accessories. The company reported $52.7 million of net cash holdings in its FY22 results. Bapcor specialises in automotive aftermarket spare parts and accessories in Australia, New Zealand and Asia. GUD also manufactures, imports and distributes automotive products.

    New December stats from the FCAI released yesterday show a 12.1% lift in new vehicle sales compared to December 2021. Passenger vehicles lifted by 3.1%, with Toyota again the market leader.

    Share price snapshot

    The Bapcor share price has slid 5% in the last year.

    The ARB Corporation share price has slid 48% in the past 52 weeks.

    The G.U.D. Holdings share price has fallen 32% in the last year.

    The post 3 ASX 200 automotive shares worth buying despite headwinds: Citi appeared first on The Motley Fool Australia.

    Tech Stock That’s Changing Streaming

    Discover one tiny “Triple Down” stock that’s 1/45th the size of Google and could stand to profit as more and more people ditch free-to-air for streaming TV.

    But this isn’t a competitor to Netflix, Disney+ or Amazon Prime Video, as you might expect…

    Learn more about our Tripledown report
    *Returns as of January 5 2023

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    Motley Fool contributor Monica O’Shea 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 ARB Corporation and Bapcor. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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  • Hunting for passive income among ASX small-cap shares? Here are my top 2 picks

    Young girl wearing glasses flexes her left bicep confidently.Young girl wearing glasses flexes her left bicep confidently.

    Creating a passive income stream would be on many New Year’s resolution lists this year. Investors like you and I will be scouring the markets for dividend-paying investments to line our pockets.

    However, the humble small-cap shares of the ASX are often overlooked during this undertaking.

    It is important to remember there are more dividend opportunities in the Aussie market than just the big four banks and a few mining giants. Why is it important?… Because if you’re looking at a long time horizon, small-caps — on average — outperform the big end of town.

    In my mind, that’s the equivalent of having your cake and eating it too! After all, there is no rule in investing that says you can’t have dividends and growth.

    Which ASX small-caps I’d buy for passive income

    To try and capture the best of both worlds, I’ve whittled my way down to two ASX small-cap shares that could provide phenomenal income. To make the list, these companies needed a market capitalisation between $300 million to $2 billion and provide a yield above 4%.

    HealthCo Healthcare and Wellness REIT (ASX: HCW)

    This first one is a little different from the rest, being a real estate investment trust (REIT). The HealthCo REIT was spun up by the HMC Capital team — the team behind the successful acquisition and repurposing of the former Masters’ portfolio from Woolworths in 2017.

    As the name suggests, the REIT is focused on developing and managing a high-quality property portfolio leasing to a variety of healthcare tenants. These tenants include Chemist Warehouse, Griffith University, G8 Education, and Uniting Care Queensland.

    Furthermore, the high occupancy of 99% and weighted average lease expiry (WALE) of 10.2 years are reassuring metrics for passive income certainty. This ASX small-cap share currently offers a dividend yield of 4.3%.

    Smartgroup Corporation Ltd (ASX: SIQ)

    Next up is a company that has had its share price battered and bruised over the past year. Shares in the salary packaging and novated leasing provider have sank 31% compared to a year ago, as shown below.

    Relatively flat revenue and the loss of its contract with the Department of Education and Training Victoria have rattled shareholders. Nevertheless, the company has a proven history of delivering earnings and dividend growth.

    At a price-to-earnings (P/E) ratio of 10.5, Smartgroup looks like a value opportunity for passive income and further upside. The trailing dividend yield is around 12.8%.

    While I suspect this will fall in 2023, I believe dividends will still be solid thanks to Smartgroup’s thick profit margin — typically above 20%.

    The post Hunting for passive income among ASX small-cap shares? Here are my top 2 picks appeared first on The Motley Fool Australia.

    Why skyrocketing inflation doesn’t have to be the death of your savings…

    Goldman Sachs has revealed investors’ savings don’t have to go up in smoke because of skyrocketing inflation… Because in times of high inflation, dividend stocks can potentially beat the wider market.

    The investment bank’s research is based on stocks in the S&P 500 index going as far back as 1940.

    This FREE report reveals 3 stocks not only boasting inflation-fighting dividends but that also have strong potential for massive long term gains…

    Yes, Claim my FREE copy!
    *Returns as of January 5 2023

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    Motley Fool contributor Mitchell Lawler has positions in Smartgroup. 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 positions in and has recommended Smartgroup. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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  • 2 super ETFs for ASX investors to buy in 2023 and hold for a decade

    A businessman hugs his computer and smiles.

    A businessman hugs his computer and smiles.

    If you want to make some long term investments but aren’t sure which shares to buy, then exchange traded funds (ETFs) could be the answer.

    That’s because ETFs provide investors with an easy way to invest in a large number of shares through a single investment. This makes it very easy to construct a diverse portfolio with little effort.

    With that in mind, listed below are two super ETFs that could be top buy and hold options for a balanced portfolio. Here’s what you need to know about them:

    BetaShares Asia Technology Tigers ETF (ASX: ASIA)

    The BetaShares Asia Technology Tigers ETF could be a super ETF for investors to look at in 2023. Especially now that China is finally reopening after the pandemic.

    That’s because this ETF gives investors access to ~50 of the largest technology and ecommerce companies that have their main area of business in Asia (excluding Japan).

    This means you’ll be buying a piece of tech giants such as Alibaba, Baidu, JD.com, Meituan Dianping, Pinduoduo, Samsung, and Tencent Holdings. These companies look well-placed for growth over the long term, which could make the ETF a great buy and hold option.

    BetaShares NASDAQ 100 ETF (ASX: NDQ)

    Another ETF that could be a super buy and hold option for investors in 2023 is the BetaShares NASDAQ 100 ETF. Especially after pulling back materially in 2022 amid weakness in the tech sector after interest rates were increased around the world.

    The BetaShares NASDAQ 100 ETF could be a great option as it provides investors with exposure to the 100 largest non-financial companies listed on the NASDAQ stock market.

    This includes many of the largest companies in the world such as Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla.

    Given their positive long term outlooks, they could make the ETF a great long term addition to a portfolio.

    The post 2 super ETFs for ASX investors to buy in 2023 and hold for a decade appeared first on The Motley Fool Australia.

    Record ETF surge sees global assets predicted to reach US$18 trillion

    Despite recent market volatility, ETFs are seeing a record breaking surge in popularity.

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    Discover our favourite ETFs we think investors should be buying right now.

    Click here to get all the details
    *Returns as of January 5 2023

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    Motley Fool contributor James Mickleboro has positions in BetaShares Nasdaq 100 ETF. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended BetaShares Nasdaq 100 ETF. The Motley Fool Australia has positions in and has recommended BetaShares Nasdaq 100 ETF. The Motley Fool Australia has recommended Betashares Capital – Asia Technology Tigers Etf. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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  • ASX 200 lithium shares lead the market higher on Friday

    Woman jumping for joy at great news with wide open country around her.Woman jumping for joy at great news with wide open country around her.

    The S&P/ASX 200 Index (ASX: XJO) appears set to end the first week of 2023 in the green, with ASX lithium shares helping it get there.

    Stocks in the battery-making material are outperforming all others on the index today while their home sector – the S&P/ASX 200 Materials Index (ASX: XMJ) – leads the way.

    Right now, the ASX 200 is up 0.35% at 7,088.5 points. Meanwhile, the materials sector has gained 2.21%.

    And taking out the top spot among the ASX 200’s gainers right now is none other than lithium favourite Core Lithium Ltd (ASX: CXO). Its share price has gained 5.14% to trade at $1.17 at the time of writing.

    .

    Let’s take a closer look at how Core Lithium and its peers are performing on Friday.

    ASX 200 lithium shares lead the index on Friday

    ASX 200 lithium shares are outperforming once more today, with many on track to end the week in the market’s top spots. Here’s how some favourites are trading:

    • The Pilbara Minerals Ltd (ASX: PLS) share price is up 4.3% right now, trading at $3.88 apiece
    • Shares in Mineral Resources Limited (ASX: MIN) have risen 3.38% to reach $80.76
    • The IGO Ltd (ASX: IGO) share price has climbed 3.1% to swap hands for $13.85
    • Lake Resources NL (ASX: LKE) stock is up 3.87% at 81 cents

    And that’s just today’s gains. The Core Lithium share price has jumped more than 13% over the last week, as has that of Sayona Mining Ltd (ASX: SYA).

    What else has been going on with ASX lithium giants this week?

    Interestingly, there hasn’t been all that much news from ASX 200 lithium shares this week.

    Though, Core Lithium did announce the maiden shipment of lithium from its Finniss Project yesterday.

    Additionally, Mineral Resources hit the headlines on the back of what seems to be an error in a release detailing its off-market takeover bid for Norwest Energy NL (ASX: NWE).

    An accompanying bidder’s statement listed Strike Energy Ltd (ASX: STX)’s ABN in place of Norwest’s, perhaps suggesting the latter energy stock could also be a takeover target.

    Mineral Resources was also rumoured to have been behind large trade in Warrego Energy Ltd (ASX: WGO) stock. That’s particularly interesting due to the takeover battle currently at play between Gina Rinehart and Strike.

    The post ASX 200 lithium shares lead the market higher on Friday appeared first on The Motley Fool Australia.

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    *Returns as of January 5 2023

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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 Scott Phillips.

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