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Cettire Ltd (ASX: CTT) shares are recovering in afternoon trade following a sharp selloff this morning.

At the time of writing, the online luxury product retailer’s shares are down 13% to $4.06.

This is a big improvement on its earlier decline of 27% to $3.41.

In fact, if you had bought at the bottom on Wednesday, you’d now be up a sizeable 19% in less than five hours.

Why are Cettire shares recovering?

Investors were hitting the sell button today amid concerns over a report in the Australian Financial Review.

That report claimed that the media outlet was charged duties of $169.43 but that these duties were not handed over to Australian customs officials.

This sparked concerns over Cettire’s business practices and called into question its impressive sales and profit growth.

Cettire response

This afternoon, the company responded to the media report and refuted its claims.

While Cettire acknowledges that it charges estimated duties on orders, it highlights that any benefit from these charges is negligible. Particularly given that sometimes its estimates are short of the mark and its bears the additional costs. It said:

Cettire accounts for revenue for any estimated duties or import fees charged to customers as well as a corresponding cost for the duties and import fees paid, in accordance with accounting standards. On balance, the Company believes that neither duty revenues, nor duty expenses nor the net P&L impact are material.

Furthermore, in direct response to the media report, the company highlights that the AFR was erroneously using DHL internal terminology to judge whether duties were paid. It explains:

The article in question referenced a shipping label from DHL and highlighted the language “Duties & Taxes Unpaid”. This language on the DHL shipping label bears no relation whatsoever to whether or not duties were applicable to the shipment, nor whether duties were actually paid.

Rather, it refers to a service provided by DHL whereby it facilitates the payment of duty on behalf of its customer (Cettire). In this specific example, Duties & Taxes Unpaid simply means that that service was not provided by DHL on the relevant shipment. It does not mean that there is any outstanding duty payable by the customer or by Cettire in relation to the shipment.

Cettire shares are up approximately 140% over the last 12 months.

The post Cettire shares recover after morning meltdown: what’s happening? appeared first on The Motley Fool Australia.

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More reading

• Why Accent, Cettire, Dicker Data, and Iress shares are dropping today
• Why is the Cettire share price crashing 27% on Wednesday?
• Why Cettire, Fletcher Building, Lake Resources, and Nick Scali shares are falling today
• The CEO of this ASX stock just sold $127m worth of shares
• If you’d put $20,000 in this ASX retail stock 19 months ago, you’d have $239,000 now

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 recommended Cettire. 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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Many of Australia’s top brokers have been busy adjusting their financial models again, leading to the release of a number of broker notes this week.

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

Graincorp Ltd (ASX: GNC)

According to a note out of Bell Potter, its analysts have retained their buy rating and $9.30 price target on this grain exporter’s shares. This follows the release of the latest ABARES crop report which highlighted an uplift in the 2023-24 winter and summer crop forecasts. The broker believes this is good news for Graincorp and continues to see its valuation as undemanding at current levels. The Graincorp share price is trading at $7.84 today.

Lovisa Holdings Ltd (ASX: LOV)

A note out of Morgans reveals that its analysts have retained their add rating on this fashion jewellery retailer’s shares with an improved price target of $35.00. The broker was pleased with the company’s performance during the first half and appears confident the trend will continue. So much so, it has increased its valuation on the belief that it deserves to trade on higher multiples. The Lovisa share price is fetching $30.37 on Wednesday.

Xero Ltd (ASX: XRO)

Analysts at Citi have retained their buy rating on this cloud accounting platform provider’s shares with an improved price target of $159.00. This follows the company’s inaugural investor day event. While there wasn’t a lot of quantitative detail, the broker still came away from the event feeling confident in the company’s outlook after management dug deep into its key growth initiatives for the medium term. The Xero share price is trading at $132.43 this afternoon.

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

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More reading

• Why is the Graincorp share price having such a bumper week?
• 2 ASX shares that could keep flying after a massive reporting season
• 5 things to watch on the ASX 200 on Wednesday
• 4 Australian shares set to soar in 2024
• Best ASX growth stocks to consider buying in March

Citigroup is an advertising partner of The Ascent, a Motley Fool company. 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 Goldman Sachs Group. The Motley Fool Australia has positions in and has recommended Coles Group and NIB Holdings. The Motley Fool Australia has recommended Accent Group. 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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Investors are bidding up the Magellan Financial Group Ltd (ASX: MFG) share price on Wednesday following its February funds under management (FUM) update.

In afternoon trading, shares in the funds management company are 8% higher to $9.25. Meanwhile, the S&P/ASX 200 Index (ASX: XJO) is marching in the opposite direction today, sliding 0.25% to 7,704.9 points.

The negative market move has failed to cloud the optimism surrounding Magellan shares, even though the beleaguered financial house suffered another $200 million in outflows last month.

Grateful for growth

Shareholders appear to be shrugging off yet another month marred by a withdrawal of capital.

In February, Magellan witnessed $200 million of net outflows from its customers. The outflow comprised $100 million of retail funds and $100 million of institutional funds. On the bright side, this reflected a reduction from the $400 million outgoing investor capital in January.

Another positive from today’s announcement is the enlarged total funds under management that the company earns fees on. Growing from $36.3 billion at the end of January, the company recorded $37.2 billion in funds it oversees at the end of February — increasing approximately 2.5% month-on-month.

Given the fund experienced a net outflow, the only way for FUM to increase is through the appreciation in value of its managed assets. Below are the changes in funds under management by asset class:

• Global equities: $16.4 billion, up from $15.5 billion
• Infrastructure equities: $15.5 billion, down from $15.6 billion
• Australian equities: $5.3 billion, up from $5.2 billion

Increasing 5.8% in value, the global equities portion of Magellan’s managed assets delivered the strongest growth. Assuming the increase is wholly attributable to returns, this beats out the Vanguard MSCI Index International Shares ETF (ASX: VGS)’s return of 4.05% during February.

This might instil confidence among shareholders for improved performance fees in future reports.

Good signs for the Magellan share price?

Ideally, Magellan would grow its funds both ways: appreciating assets and incoming investor funds. However, the fund manager’s profits are greatly helped by additional fees on market outperformance. In other words, it certainly doesn’t hurt to fatten those funds through capital appreciation.

Analysts at Citi are keen to see the official February performance figures (yet to be released) before casting definitive judgement. The team thinks a rut of underperformance will have likely improved but is waiting to see.

Lastly, the Citi team maintains a cautious outlook on FUM growth amid a new chief at the helm. The broker currently holds a sell rating on Magellan shares with a price target of $8.10. Based on today’s price, this would suggest more than 12% downside.

The post Magellan share price leaps 8% as funds grow up and flow out appeared first on The Motley Fool Australia.

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More reading

• Why DroneShield, Magellan, Platinum, and Zip shares are rising today
• 2 ASX shares with attractive ‘risk-reward’ balance to buy right now
• Why Altium, Goodman, Magellan, and Wesfarmers shares are storming higher today
• Magellan share price rises as profit jumps 24%

Motley Fool contributor Mitchell Lawler 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 Vanguard Msci Index International Shares 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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Some ASX companies have the potential to increase their dividends next year, and over the long-term.

For me, one of the most important dividend metrics is the dividend payout ratio. That tells us how much of that year’s profit the business is paying out.

For example, if a business makes $100 million in profit and pays out $70 million of it to shareholders, the dividend payout ratio is 70%. Dividends aren’t free money, it does reduce the business’ cash balance.

The lower the payout ratio, the more scope there is for the business to increase the dividend next time – it doesn’t need to necessarily grow profit the next year to afford a higher payout. Or, if profit falls, there’s more scope for the business to maintain its dividend payout.

For example, if the business that made $100 million in profit saw its profit drop 10% to $90 million in a recession, it could still afford an increase of the payout to $75 million (resulting in a dividend payout ratio of 83%).

Below are two ASX shares with large yields today which I think can grow their dividends in FY25 and FY26.

Shaver Shop Group Ltd (ASX: SSG)

Shaver Shop is one of the largest retailers of shaving products in Australia, with 123 stores across Australia and New Zealand.

In the FY24 first-half result, the retail saw total sales drop 3.7% to $127 million, while net profit after tax (NPAT) declined 8.6% to $12.5 million. This translated into 9.7 cents of earnings per share (EPS).

The business decided to pay an interim dividend of 4.7 cents per share.

The estimate on Commsec suggests Shaver Shop could generate an EPS of 11.3 cents for FY24. If it were to pay the same dividend as FY23 (10.2 cents per share), it would be a grossed-up dividend yield of 12.8% and a dividend payout ratio of 90%. That’s quite high, but there’s still a good gap between profit and the payout.

The business has grown its dividend each year since 2017, when it first started paying money to shareholders. The forecast on Commsec suggests Shaver Shop’s profit could grow in FY25 and FY26.

I think there’s a good chance the profit and dividend can grow in FY25 and FY26 if/when household finances (and confidence) improve. The company’s ongoing store rollout can also help grow earnings.

Nick Scali Limited (ASX: NCK)

Nick Scali is a retailer of furniture through its Nick Scali and Plush brands.

It grew its dividend every year between FY13 and FY23, which is an impressive record considering it’s a retailer of a somewhat discretionary type of item.

In the FY24 first half, its revenue dropped 20% to $226.6 million and NPAT fell 29%. Ouch. However, the prior year was boosted because of increased deliveries as the order bank reduced with lead times returning to pre-COVID levels.

Nick Scali reported that its group written sales orders for HY24 were $212.7 million, an increase of 1.1% year over year. So, underlying sales slightly increased year over year.

It generated an EPS of 53.1 cents and paid a dividend per share of 35 cents. That translates into a dividend payout ratio of 66%. The forecast on Commsec suggests it could pay 65 cents per share in FY24, which would be a grossed-up yield of 6.4%. It could then grow profit and dividends in FY25 and FY26, resulting in a possible grossed-up yield of 7.3%.  

The post 2 ASX companies with the firepower to raise their dividends appeared first on The Motley Fool Australia.

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More reading

• Key takeouts for ASX shares this earnings season: CBA analysis
• Why Cettire, Fletcher Building, Lake Resources, and Nick Scali shares are falling today
• Guess which ASX 300 director just cashed in $2.3 million worth of company shares
• With a 12% yield, I think this potentially undervalued ASX dividend stock is amazing
• Shares vs. property: 3 furniture retailers hit 52-week highs amid continually rising home values

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Nick Scali and Shaver Shop Group. 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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Every month, analysts at Morgans pick out their best ASX stock ideas.

These are the ASX stocks that the broker thinks offer the highest risk-adjusted returns over a 12-month timeframe. Morgans notes that they are supported by a higher-than-average level of confidence.

Among its best ideas for March are the two ASX 200 stocks listed below. Here’s what the broker is saying about them:

CSL Ltd (ASX: CSL)

The broker believes investors should be snapping up this biotechnology company’s shares following a period of weakness. It has an add rating and $315.40 price target on its shares.

Morgans highlights it positive earnings growth outlook and attractive discount to long-term average multiples. It said:

While shares have struggled of late, we continue to view CSL as a key portfolio holding and sector pick, offering double-digit recovery in earnings growth as plasma collections increase, new products get approved and influenza vaccine uptake increases around ongoing concerns about respiratory viruses, with shares trading at 25x, a substantial discount (20%) to its long-term average.

Mineral Resources Ltd (ASX: MIN)

Morgans continues to believe that Mineral Resources is a great ASX 200 stock to buy right now. It has an add rating and $71.00 price target on the mining and mining services company’s shares.

One of the key reasons why it is bullish is the company’s organic growth potential. It explains:

MIN is a founder-led business and top-tier miner and crusher that has grown consistently despite barely issuing a share over the last decade. Also helping our investment view is that MIN’s diversification leaves it far more capable of tolerating volatility in lithium markets than its peers. We see MIN’s lithium / iron ore market exposures as an ideal combination to benefit from the China gradual recover. We also see MIN as well placed to grow into its valuation, even if we see unexpected metal price volatility, given the magnitude of organic growth in the pipeline.

The post Morgans names the best ASX 200 stocks to buy in March appeared first on The Motley Fool Australia.

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More reading

• Guess which ASX lithium stock just surged 94% on a deal with Mineral Resources
• Is this a new threat for CSL shares?
• Top ASX shares to buy in March 2024
• 3 no-brainer ASX shares to buy under $30
• Has the CSL share price got further to fall?

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 recommended CSL. 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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In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a small decline. At the time of writing, the benchmark index is down 0.2% to 7,709.6 points.

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

Accent Group Ltd (ASX: AX1)

The Accent share price is down 7% to $1.93. This has been driven largely by the retailer’s shares going ex-dividend this morning for its latest dividend. The owner of The Athlete’s Foot and Hype DC is paying shareholders a fully franked interim dividend of 8.5 cents per share later this month on 21 March.

Cettire Ltd (ASX: CTT)

The Cettire share price is down 15% to $3.95. This morning, this online luxury products retailer was the subject of a report from the Australian Financial Review. It highlights that it bought products and was charged duties. However, those duties were banked by the company and not paid to Australian customs. Investors appear concerned how much of Cettire’s sales and profits is being generated through this method.

Dicker Data Ltd (ASX: DDR)

The Dicker Data share price is down 10% to $10.80. This has been driven by news that the company’s founder and CEO, David Dicker, has sold a large number of shares. Dicker sold down approximately 18.3 million shares at a price of $10.90 per share by way of an underwritten block trade. This represents a total consideration of almost $200 million.

Iress Ltd (ASX: IRE)

The Iress share price is down 6.5% to $8.41. This morning, this financial technology company denied media speculation that it has been in takeover talks with private equity firm Thoma Brava. It said: “Iress is not aware of any such information. In relation to the News Article, Iress is not in discussions or in receipt of a proposal in relation to a potential control transaction for Iress.”

The post Why Accent, Cettire, Dicker Data, and Iress shares are dropping today appeared first on The Motley Fool Australia.

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More reading

• Why is the Cettire share price crashing 27% on Wednesday?
• Why is this ASX 200 tech stock crashing 11% today?
• Why is the Accent share price sinking 6% today?
• Here are the top 10 ASX 200 shares today
• Got $5,000? Buy and hold these ASX value stocks for years

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 Dicker Data. The Motley Fool Australia has positions in and has recommended Dicker Data. The Motley Fool Australia has recommended Accent Group and Cettire. 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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Qantas Airways Ltd (ASX: QAN) shares are catching some headwinds today.

Shares in the S&P/ASX 200 Index (ASX: XJO) airline stock closed yesterday trading for $5.12. In early afternoon trade on Wednesday, shares are changing hands for $5.045 apiece, down 1.5%.

For some context the ASX 200 is down 0.17% at this same time.

This follows a court ruling finding Qantas guilty of illegally standing down a ground services worker during the early months of the global pandemic.

ASX 200 airline guilty of ‘shameful’ conduct

Qantas shares could face more brand damage after New South Wales District Court Judge David Russell fined the company’s subsidiary, Qantas Ground Services (QGS), $250,000 for illegally standing down lift truck driver Theo Seremetidis in early 2020.

Seremetidis, an elected health and safety representative, was working out of Sydney International Airport at the time.

As ABC News reported, Qantas took action against Seremetidis after he expressed his worries that personnel cleaning planes arriving from China could be at risk of being infected by COVID-19.

Last year, the court ruled that the airline had engaged in discriminatory conduct in unfairly cutting Seremetidis off from staff who sought out his help. Last week, Qantas agreed to pay him $21,000 for economic and non-economic losses.

The $250,000 conviction today (of which the prosecutor will receive half) came after Russell determined the actions by QGS were deliberate rather than inadvertent.

According to Russell (quoted by ABC News):

The conduct against Mr Seremetidis was quite shameful. Even when he was stood down and under investigation, QGS attempted to manufacture additional reasons for its actions.

He added that “The effect of the conduct of QGS upon Mr Seremetidis personally was traumatic and long-lasting.”

Responding to the ruling that could be pressuring Qantas shares today, a spokesperson for the ASX 200 airline said, “We agreed to compensation for Theo Seremetidis and the court has today made orders for that compensation to be paid.”

They added that Qantas “acknowledged in court the impact that this incident had on Mr Seremetidis and apologised to him”.

How have Qantas shares been tracking longer-term?

Qantas shares have struggled over the past year, down 23%.

Despite that retrace, the ASX 200 airline’s shares have more than doubled since the depths of the pandemic-driven sell-off in early 2020.

The post Qantas shares hit turbulence amid $250,000 fine for ‘shameful’ conduct appeared first on The Motley Fool Australia.

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More reading

• If I invest $10,000 in Qantas shares, how much passive income will I receive in 2024?
• Analysts think these ASX 200 shares are dirt cheap buys
• These ASX shares could rise 30% to 50% in 12 months
• Qantas descends, Treasurer’s RBA dilemma and Twiggy’s payday: Scott Phillips on Nine’s Late News
• Brokers name 3 ASX shares to buy now

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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The S&P/ASX 200 Index (ASX: XJO) is having a poor session on Wednesday. In afternoon trade, the benchmark index is down 0.25% to 7,705.2 points.

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

DroneShield Ltd (ASX: DRO)

The DroneShield share price is up 3.5% to 71 cents. Investors have been buying the counter drone technology company’s shares this week after Bell Potter upgraded them to a buy rating with a 90 cents price target. It made the move on valuation grounds following a sharp pullback this month.

Magellan Financial Group Ltd (ASX: MFG)

The Magellan share price is up 8.5% to $9.26. This follows the release of the fund manager’s latest funds under management (FUM) update. Magellan reported a 2.5% month on month increase in FUM to $37.2 billion. This was despite recording net outflows of $200 million for the period.

Platinum Asset Management Ltd (ASX: PTM)

The Platinum share price is up 2% to $1.20. This may have been driven by a broker note out of Bell Potter this morning. According to the note, the broker has taken its sell rating off its shares and upgraded them to a hold with an improved price target of $1.13 (from 84 cents). Bell Potter was pleased with an update from the fund manager’s new CEO, which addressed many of its concerns.

Zip Co Ltd (ASX: ZIP)

The Zip share price is up 7% to $1.20. This is despite there being no news out of the payments company today. However, it is worth noting that its shares have been on fire recently thanks to a much-improved operational performance. So much so, the Zip share price is up almost 300% in the space of six months.

The post Why DroneShield, Magellan, Platinum, and Zip shares are rising today appeared first on The Motley Fool Australia.

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More reading

• 2 ASX shares with attractive ‘risk-reward’ balance to buy right now
• Why DroneShield, Healius, Newmont, and Paragon Care shares are pushing higher
• Why this leading broker just upgraded DroneShield shares
• Will I be buying Zip shares now the company has turned a profit?
• Why this ASX 300 share is leaping 14% despite being branded a ‘sell’

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 DroneShield and Zip Co. 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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The Telstra Group Ltd (ASX: TLS) share price has been out of form so far in 2024.

Since the start of the year, the telco giant’s shares have lost approximately 4% of their value.

This has left Telstra’s shares trading within sight of its 52-week low of $3.75.

Is the Telstra share price good value?

While investors haven’t been giving Telstra’s shares much love this year, the broker community remains enamoured with the company.

A large number of analysts currently have the equivalent of buy ratings on its shares with price targets offering double-digit returns over the next 12 months.

For example, Morgan Stanley has an overweight rating and $4.75 price target. This implies potential upside of 25% for the Telstra share price from current levels.

Elsewhere, the team at Macquarie has an outperform rating and $4.40 price target on its shares. This suggests that a return of almost 16% is possible between now and this time next year.

And over at Goldman Sachs, its analysts have a buy rating and $4.55 price target. This offers a potential gain of almost 20% for investors.

In addition, all three brokers are forecasting fully franked dividends per share of 18 cents in FY 2024. This is the equivalent of a 4.7% dividend yield at current prices.

Commenting on the company, last month Goldman Sachs said:

We believe the low risk earnings (and dividend) growth that Telstra is delivering across FY22-25, underpinned through its mobile business, is attractive. We also believe that Telstra has a meaningful medium term opportunity to crystallise value through commencing the process to monetize its InfraCo Fixed assets – which we estimate could be worth between A$22-33bn.

The post The Telstra share price is near a 52-week low: should you buy? appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Goldman Sachs Group and Macquarie Group. The Motley Fool Australia has positions in and has recommended Macquarie Group and Telstra Group. 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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A little-known ASX pharmaceutical stock is setting the bar high today.

Very high.

Shares in the medical device company closed yesterday trading for 2.7 cents. In morning trade on Wednesday, the ASX pharmaceutical stock leapt to 6.0 cents per share, up a whopping 122%.

After some likely profit-taking, at the time of writing shares are trading for 4.4 cents apiece, up a very healthy 63.0%.

For some context, the All Ordinaries Index (ASX: XAO) is down 0.3% at this same time.

Any guesses?

If you said Atomo Diagnostics Ltd (ASX: AT1), give yourself a virtual gold star.

Here’s what’s piquing investor interest in the microcap stock today.

What’s sending the ASX pharmaceutical stock soaring?

The Atomo Diagnostics share price is rocketing higher after the company announced it had secured purchase orders from Viatris Healthcare for around $970,000 worth of HIV Self-Tests.

The test kits, manufactured by the ASX pharmaceutical stock under the Mylan brand, will be used to supply a number of low and middle income countries (LMICs).

The orders are for manufacture during the second half of FY 2024.

“We have seen growing demand during FY24 for the Atomo HIV Self-Test here in Australia as well as across branded versions supplied to international markets,” Atomo CEO John Kelly said.

“Following significant increases in sales to Europe and in Australia, it is good to now see emergent demand across LMIC markets from our global health partner for HIV testing, Viatris,” Kelly added.

The ASX pharmaceutical stock has commercialised a number of products across international markets. It has existing supply agreements for testing applications targeting infectious diseases including COVID-19, HIV, viral versus bacterial differentiation and female health.

The post Guess which ASX pharmaceutical stock just rocketed 122%! appeared first on The Motley Fool Australia.

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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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