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If you ask any ASX investor what the most interesting share on the S&P/ASX 200 Index (ASX: XJO) might be, I’d wager that Telstra Corporation Ltd (ASX: TLS) wouldn’t come up. Telstra is one of the bluest blue chip shares on the ASX. But this mature telco might be described as ‘boring’ by many investors.

This is understandable. The Telstra share price has been remarkably stable in recent years. In fact, you could have picked up Telstra shares for a similar price today to way back in early 2018. 

But I still hold Telstra shares. And I don’t plan on getting rid of them any time soon.

Why? Well, it’s not because I think Telstra shares are boring for one. Sure, the telco might be stable, far more stable than many other ASX blue chip shares, for that matter. But I don’t think that makes a company boring. Quite the contrary.

Why I still hold ‘boring’ Telstra shares

The fact is that Telstra is an incredibly dominant company in its sector. It carries a brand that is a relic of a bygone era when Telstra was the government-owned monopolistic provider of almost all telecommunications services in the country. I think this is a good thing, as customers arguably still assign a certain premium to the Telstra brand as a result.

Telstra is by far the market leader when it comes to both mobile and fixed-line internet services in this country. It’s also well-known for having the widest service coverage. Many customers are forced to use Telstra due to a lack of alternatives.

Further, the services that Telstra sells are incredibly inelastic in our modern age. How bad would a recession have to be before customers give up their home internet, phones or mobile data plans?

So we have a highly recession-resistant company that is dominant in its sector. Boring? I don’t think so.

I was fortunate enough to pick up Telstra shares back when the company was trading well under $3 a share. As such, I continue to enjoy a dividend yield of well over 6% on my original capital, plus the franking, of course.

Remember, this is a company that continued to maintain its dividend through the COVID-ravaged years of 2020 and 2021. Telstra then raised its dividend for the first time in years this year as well, further adding to my returns.

So some investors may find this company boring. But I’m certainly not put to sleep by the returns I have had and continue to enjoy from Telstra. I might sell Telstra one day if its share price gets to a silly level. But until then, I will happily sit pretty and watch the dividends keep rolling in.

The post Some investors think Telstra shares are boring. I beg to differ appeared first on The Motley Fool Australia.

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More reading

• Here are the 3 most heavily traded ASX 200 shares on Friday
• Here’s how ASX telco shares are faring following Optus hack
• Here are the top 10 ASX 200 shares today
• 3 ASX 200 shares paying out ‘special’ dividends in 2022
• The Telstra dividend is being paid today. Here’s the latest

Motley Fool contributor Sebastian Bowen has positions in Telstra Corporation Limited. 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 Telstra Corporation Limited. 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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If you’re looking to diversify your portfolio with some exposure to the mining sector might, you may want to check out the ASX mining shares listed below.

Both have been tipped as top options in the sector with significant upside potential. Here’s what you need to know about these mining shares:

Iluka Resources Limited (ASX: ILU)

The first ASX mining share for investors to consider is this mineral sands and rare earths miner.

Iluka owns a number of quality projects across South Australia and Western Australia, including the exciting Eneabba project. At Eneabba, the company is developing a fully integrated rare earths refinery, which will be only the third of its kind outside China.

Goldman Sachs is very bullish on Iluka. The broker has the company on its highly regarded conviction list. It explained:

We are positive on ILU’s project pipeline and forecast >40% production growth in mineral sands volumes, c.18ktpa of Rare Earths (~3.5-4ktpa of high value NdPr). We think ILU’s Eneabba RE refinery is a strategic asset considering it will be only the third western world RE refinery

Goldman Sachs has a conviction buy rating and $13.30 price target on Iluka’s shares.

South32 Ltd (ASX: S32)

Another ASX mining share that has been named as a buy is South32.

Morgans is positive on the miner due to the recent transformation of its portfolio to give it exposure to metals that will be important to the decarbonisation megatrend.

The broker believes that this leaves South32 well-placed for the long term and expects attractive dividends along the way. It explained:

S32 has transformed its portfolio by divesting South African thermal coal and acquiring an interest in Chile copper, substantially boosting group earnings quality, as well as S32’s risk and ESG profile. Unlike its peers amongst ASX- listed large-cap miners, S32 is not exposed to iron ore. Instead offering a highly diversified portfolio of base metals and metallurgical coal (with most of these metals enjoying solid price strength). We see attractive long-term value potential in S32 from de-risking of its growth portfolio, the potential for further portfolio changes, and an earnings- linked dividend policy.

Morgans has an add rating and $5.50 price target on South32’s shares.

The post Experts say these are the ASX mining shares to buy appeared first on The Motley Fool Australia.

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More reading

• Experts name 2 ASX dividend shares for income investors to buy
• Analysts name 2 ASX 200 mining shares to buy
• Morgan Stanley just boosted its outlook for aluminium. Here’s which ASX shares have exposure
• Here are the 3 most heavily traded ASX 200 shares on Thursday
• Why Lake, Pushpay, South32, and Tyro shares are dropping

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia 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 Fortescue Metals Group Limited (ASX: FMG) share price was out of form last week.

The mining giant’s shares lost over 5% of their value to end the period at $16.76.

Investors were selling down the Fortescue share price amid the market volatility and concerns over its decarbonisation plans.

Will the Fortescue share price bounce back?

Opinion remains divided on where the Fortescue share price is heading from here.

As I covered here, analysts at Goldman Sachs see nothing put downside for its shares over the next 12 months.

Whereas the team at Morgans is sitting on the fence right now and feel the miner’s shares are about fair value.

According to a note, the broker has responded to Fortescue’s decarbonisation plans by retaining its hold rating with a modestly increased price target of $17.30. This implies potential upside of 3.2% for investors.

But like Goldman Sachs, Morgans is forecasting a series of big dividend cuts from FY 2024. It has pencilled in a 79.5 US cents per share dividend that year and then 60.8 US cents per share and 37 US cents per share in the following years.

This will mean yields of approximately 6.4%, 4.8%, and 2.9%, respectively.

Morgans highlights that these dividend cuts are being driven by materially lower free cash flow expectations. It commented:

Given the uncertain nature of the spend, with big portions attributed to innovation, there is material risk of FMG’s decarbonisation budget slipping as the scope of work required evolves. FMG has also not baked any inflation assumptions into its capex budget, another realistic source of slippage.

While an adjustment to our assumptions, we expect this guidance to trigger a more material change for consensus – which does not appear to have any decarb capex factored in. We expect peak decarbonisation spend to come at a time of more moderate long-term iron ore prices.

One thing seems certain, FMG will generate materially lower FCF over the next decade versus the previous decade. FMG’s aggressive decarbonisation push, combined no doubt with additional FFI projects, only acts to further increase FMG’s dependence on the iron ore price by materially restricting its FCF profile. Although if FMG can successfully decarbonise it will unlock sustainable and material opex savings while vastly lifting its ESG profile.

The post Broker gives its verdict on the Fortescue share price appeared first on The Motley Fool Australia.

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More reading

• The Fortescue share price has outpaced the ASX 200 today. Could green dreams be why?
• Is the Fortescue dividend at risk from the miner’s $9b decarbonisation strategy?
• Why has the Fortescue share price been having such a rough trot lately?
• This is how I found a 15-bagger ASX share: fund manager
• Are ASX hydrogen shares worth buying right 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 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 Qantas Airways Limited (ASX: QAN) share price has been beating the broader market over the past month.

Shares in the iconic Australian airline are soaring 13.22% over this period. Meanwhile, the S&P/ASX 200 Index (ASX: XJO) is down at a 6.05% loss. The Qantas share price closed at $5.14 on Friday.

There has been a lack of news from Qantas over this time to support its market-beating performance, but some positive developments have occurred. Let’s cover the highlights.

Qantas’s passenger numbers recover

Figures released by the Bureau of Infrastructure and Transport Research Economics (BITRE) show that the airline’s total number of passengers increased by 27,990 to 351,988 from July last year to July 2022. This represents almost full passenger capacity.

Another reason Qantas’s shares could outperform the ASX 200 is that investors feel more bullish on Qantas compared with the aggregate of its peers in the index. Headwinds of rising inflation and interest rate hikes have hit some sectors more severely than others, particularly the tech and consumer discretionary sectors.

Earnings improve for chief rival

Higher passenger numbers mean potentially more cash hitting Qantas’s coffers. This effect is already observed with Air New Zealand Limited (ASX: AIZ) posting a positive half-year earnings guidance for FY23.

Air NZ notes that it saw “strong forward sales” for the first three months of this financial year and is operating at approximately 70% of its capacity for FY19. The bottom line is that it expects its earnings before taxes and other significant items to be between $200 million and $275 million.

These expected results are a significant improvement, as the airline reported a loss before other significant items and taxation of $440 million ending FY21.

So if Air NZ’s results are anything to go by as a closely related peer company, then Qantas’s shares could be kept buoyant by the expectation that its fundamentals will also improve in the future.

Qantas share price snapshot

The Qantas share price is up 2.59% year to date. Meanwhile, the S&P/ASX 200 Index is down 11.68% over the same period.

The company’s market capitalisation is $9.69 billion.

The post Why is the Qantas share price flying higher than the ASX 200 this month? appeared first on The Motley Fool Australia.

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More reading

• Why Air New Zealand, Cronos, Soul Patts, and Viva Energy shares are pushing higher
• Air New Zealand share price soars 9% on guidance update
• Qantas share price dips despite performance lift
• Qantas share price outperforms as Virgin eyes merger opportunities
• How this fundie is beating the ASX 300 without fossil fuels

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

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

Apple Inc. (NASDAQ: AAPL) is one of the most innovative companies to date. Investing in Apple has felt like a no-brainer as its consistently successful products seem to make the company unstoppable. Even as the Nasdaq-100 Technology Sector index is down 35% year to date, thanks to inflation and slowing consumer spending, Apple’s stock is down a more modest 17% in the same period. 

Immensely popular products such as the iPhone, MacBook, iPad, and Apple Watch have grown Apple’s market cap to $2.4 trillion, making it the world’s highest valued company. As a result, investors such as Warren Buffett have heartily vouched for the tech manufacturer, consigning 41% of Berkshire Hathaway’s portfolio to Apple.

The iPhone titan has proven time and time again that its business is consistent and able to weather most storms. However, sales for its latest iPhone may not be as positive as some have reported. If true, the company’s biggest segment could take a significant hit in its current quarter.

Apple’s bread and butter

For the last decade, iPhone sales have made up at least 40% of Apple’s revenue, with some quarters seeing the smartphones hit almost 70%. For instance, in the third and most recent quarter of 2022, Apple reported iPhone sales had made up 49% of its revenue. Meanwhile, the rest of its revenue went as follows: 8.7% to iPads, 8.8% to Macs, 9.7% to Wearables, Home and Accessories, and 23.6% to Services.  

Like clockwork, Apple announces its newest lineup of iPhones almost every September, with sales remaining consistent throughout the year. However, Apple has made a significant push into services over the last few years. The introduction of apps such as its streaming service Apple TV+, Music, Fitness+, and iCloud has pushed consumers further into the company’s ecosystem of products and boosted revenue.

In the fourth quarter of 2021, services made up 15.7% of the company’s revenue versus 23.6% in Apple’s latest quarter. The rise of services is positive as it can aid in safeguarding the company in the event of poor iPhone sales, which look to be a real possibility in Apple’s latest lineup. 

A potential dip 

On Sept. 7, Apple unveiled its latest series of iPhones with the iPhone 14, Plus, Pro, and Pro Max. The lineup saw a return to the “Plus” model for the lower-tiered phones, which hadn’t surfaced since the iPhone 8 Plus in 2017. Since then, the largest option has only been available in the Pro models under the label “Pro Max.”

While multiple media outlets have reported record-breaking sales for Apple’s iPhone 14 Pro and Pro max, a recent report from Apple analyst Ming-Chu Kuo has shown poor sales for the iPhone 14 and 14 Plus. Kuo explained that the Pro models are currently showing delivery wait times of more than four weeks, which suggests good demand. However, the iPhone 14 and 14 Plus have been available in retail stores from their launch dates, which “reflects lackluster demand.”

Weak pre-sales for the non-Pro models are concerning as they are usually the highest-selling iPhones in the yearly lineup. In 2019, the base model iPhone 11 was the top-selling version every week in the year’s last quarter. Then, in the first half of 2020, the iPhone 11 sold 79% more units than the Pro Max version and 82% more than the smaller Pro model. As the lower-priced base models, the iPhone 14 and the bigger Plus version would normally be outselling the Pro versions, but that doesn’t seem to be the case in 2022.

Kuo surmised that current sales indicate the iPhone 14 and Plus are selling worse than last year’s iPhone 13 mini, which Apple cut production on in the first half of 2022 because of low demand. As a result, Apple could do the same to the iPhone 14 and Plus and slim down production as soon as November, according to Kuo.

In the latest iPhone 14 lineup, Apple worked to widen the gap between the base and the Pro models, offering far more new features and tweaks in design to the more expensive versions. However, the result meant incremental differences between last year’s iPhone 13 and 2022’s 14, and price hikes abroad have caused far worse iPhone sales than in previous years.

Is Apple’s stock a buy?

According to Bloomberg, analysts expect Apple sales to rise 6% in its current quarter, down from 29% the previous year, which was primarily fueled by “pandemic-bound consumers” pumping up demand for technology. The company has bet on its Pro models this year, which have so far reached record numbers. However, the question is, will the higher-end versions sell enough to offset slower sales from the base model iPhone 14s?

Only time will tell, but regardless, Apple continues to be an excellent investment in the long term. While a potential dip is concerning, the company has proven itself as an innovative company worth investing in over time. The stock may be even more of a buy in the case of a dip as it is unlikely to be down for long, suggesting current investors would do well to hold until shares rise again. 

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

The post Should you really buy Apple stock? appeared first on The Motley Fool Australia.

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More reading

• Where will Apple be in 5 years?
• Why investors found Apple stock tempting today
• 60% of Warren Buffett’s portfolio is invested in these 3 stocks
• 5 reasons I wouldn’t touch Shiba Inu with a 10-foot pole
• Why you should buy Block stock (and it’s not Bitcoin)

Dani Cook 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 Apple. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on Apple. The Motley Fool Australia has recommended Apple. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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

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Warren Buffett has said many memorable quotes over the decades. And his track record demands that investors pay attention.

One of his most famous sayings is:

“The first rule of investment is don’t lose [money]. The second rule of investment is don’t forget the first rule.”

Buffett made this comment to emphasise that if one buys shares for way below what the business is actually worth, “you can’t lose”.

But everyone who has dabbled in ASX shares knows, in reality, it’s not as simple as that.

So to supplement Buffett’s advice, Marcus Today founder Marcus Padley recently wrote down his top 10 tips on how not to lose your money.

1. Beware of gurus

Be wary of market and stock commentators. Do your own research and make your own decisions — because no one really knows what the market or a particular stock will do.

The trap is that market commentators exist because they want to sell you something.

“It is a human need to be able to answer the unanswerable questions and we do it by deifying someone or something,” Padley said on the Marcus Today blog.

“In our search for answers to the stock market’s unanswerable questions, we credit our commentators with vastly more powers than they could possibly deserve or possess. And dangerously, he who guesses the most sells the most.”

2. Don’t pretend to be Warren Buffett

Padley urged investors to avoid salespeople that claim to emulate what Buffett has done or will advise you how to do so. Such attempts have cost investors more money over the years than they’ve made.

“No one has ever managed to replicate Warren Buffett’s performance. If they had, they would run a fund, we would all be invested and we would all be billionaires as well,” said Padley.

“But there is no fund. Because it’s just marketing.”

The idea of investing the ‘Buffett way’ is a massive drawcard for finance marketing — but it is all a lie, according to Padley.

“Buffett sells. The second best investor in the whole world, and the other 98 below that, we’ve never heard of. Because they don’t sell.”

3. Leave your greed at the door

Padley called greed in investors the “biggest killer of them all”.

“Approaching the stock market with greed is like running onto a battlefield in a bright orange vest. We’ll get you.”

4. Set realistic expectations

Setting realistic goals is important for healthy investing.

“Expectations. The root of all happiness. The root of all unhappiness,” said Padley.

“Expect the unexpectable and expect the inevitable. Best you expect the expectable.”

5. Avoid laziness

Padley said that there’s been “more money lost through laziness than mistakes”.

Active maintenance of one’s portfolio is mandatory for satisfactory performance.

“There is no easy route to riches in the stock market,” he said.

“There is no free lunch — participation without effort is not enough.”

6. Ignore so-called ‘inside information’

If someone whispers a hot tip to you, first have a think about their motivations.

Padley recalled a profound comment from a veteran investment professional:

If I had never been given any inside information, I would be a million pounds better off than I am today. 

Anyone offering inside info is doing it out of their self-interest, not yours.

“The only reason people pass on information as inside information is because they want you to buy what they’ve just bought to get the share price up so they can sell.”

7. Initial public offers

Retail investors have often complained about the lack of access to hotly demanded initial public offers of companies about to list on the ASX.

Padley recommends carefully thinking about the motivations of a public float, especially for mediocre businesses.

“IPOs are not a road to gold. Most of them are insiders selling you their company at the highest price they can get,” he said.

“The golden rule of IPOs is that if it’s any good you won’t get offered it. If you get offered it, you don’t want it.”

8. Avoid leverage

Leverage refers to borrowing money to invest.

Padley points out that it is marketed as a way to magnify returns, but investors need to be aware of the other side of that coin.

“It works both ways. You lose much faster as well.”

This means that leverage works only some of the time, and being in the right place at the right time is difficult.

“It only works when you are right [with the stock pick] and with average equity returns after interest, transaction costs, inflation and tax of close to zero, you had better be right and right at the right time.”

Borrowing can’t be used regularly unless the investor has “a massive financial cushion”. 

“Any broker will tell you, it’s for confident (or over-confident) traders and to make it work they have to trade at the right time — not all the time. That’s a big ask for someone with a day job.”

9. Don’t mistake confidence for future performance

Is the core function of the finance industry to make money for clients?

No, according to Padley. It’s marketing. Selling success.

“When it comes to marketing, losers are kryptonite. But luckily investment is seen as an intellectual pursuit, so the winners make noise whilst the losers, conveniently, go away,” he said.

“And thank goodness for that. Imagine how much product would get sold if they didn’t.”

10. Remember your life outside investing

Padley reminded investors that there are more important things in life than your ASX shares.

“They say there are three foundations to spiritual and financial happiness and success: your relationship, your job and where you live,” he said.

“Get one of those wrong and they all go wrong. No mention of the stock market in there.”

The share market is not life, and it should only ever be “a side issue”.

“The biggest financial decisions you will make in your life have nothing to do with the stock market — like getting married, getting divorced, having kids, investing in your home and committing to your career or your business,” said Padley.

“These are the biggest financial decisions you’ll ever make. Look after them first. The stock market comes second.”

The post 10 ways to not lose money investing in ASX shares appeared first on The Motley Fool Australia.

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More reading

• Should you really buy Apple stock?
• The market has been hating on this ASX 200 share in 2022. Here’s why I still love it
• Analysts say these beaten down ASX shares are buys
• 2 stellar ASX growth shares that experts say are buys
• Experts name 2 top ASX dividend shares to buy next week

Motley Fool contributor Tony Yoo has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. 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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One of my worst performers in my ASX share portfolio this year has been Newcrest Mining Ltd (ASX: NCM). Newcrest, the largest ASX 200 gold miner on the share market, has had a shocker in recent years.

Not only have Newcrest shares suffered a 31.8% fall year to date in 2022, but the company has also lost almost 50% of its value over the past two years. Newcrest has also just hit a new 52-week low of $16.51 a share in the past month or so. That’s the lowest share price Newcrest has commanded since 2016.

So why on earth am I still happy to hold this loser in my portfolio?

Why I still own Newcrest Mining shares

Well, I confess part of my thesis is an insurance policy. Gold, the precious metal that Newcrest mines, is traditionally viewed as a hedge against economic calamities. If there is another financial crisis on the horizon, gold, in my view, is likely to do well. And if gold does well, so will the companies that own vast stores of it.

I would rather my Newcrest position underperform and my other ASX shares prosper. But owning Newcrest does lend me some ‘sleep well at night’ value.

But I also see considerable value in the Newcrest share price itself. In its FY2022 annual report, Newcrest estimated that its gold reserves stood at 3.5 million ounces of proven reserves, with another 58 million ounces of probable reserves.

The proven reserves alone would be worth a total of US$5.86 billion ($8.84 billion) at today’s price of US$1,673 per ounce. The probable reserves would add another US$97.03 billion ($146.33 billion) if fully realised.

Now, Newcrest’s entire market capitalisation stands at $14.99 billion today, going off of Friday’s closing share price. Buying a gold reserve potentially worth north of $100 billion for just $14.99 billion seems like a good deal to me.

So that’s why I continue to hold my Newcrest shares. It may not be one of my best performers. But I never expected it to be. It is currently filling the role in my portfolio that I always hoped it would.

The post The market has been hating on this ASX 200 share in 2022. Here’s why I still love it appeared first on The Motley Fool Australia.

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More reading

• Why is the De Grey share price struggling this week?
• 5 things to watch on the ASX 200 on Friday
• Why Imugene, Link, Newcrest, and Zip shares are dropping
• 5 things to watch on the ASX 200 on Monday
• Why did ASX 200 gold shares have such a rough day?

Motley Fool contributor Sebastian Bowen has positions in Newcrest Mining Limited. 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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While the recent market volatility has unfortunately put a lot of pressure on ASX shares, every cloud has a silver lining.

The silver lining on this occasion is the attractive prices that some shares have been left trading at.

Two beaten down ASX shares that could be in the buy zone now are listed below. Here’s what analysts are saying:

Hipages Group Holdings Ltd (ASX: HPG)

The first beaten down ASX share to look at is Hipages. It is a leading Australian-based online platform and software as a service (SaaS) provider.

Hipages has been growing at a solid rate in recent years thanks to the increasing popularity of its platform which connects consumers with trusted tradies to simplify home improvement.

Despite this solid growth and its massive market opportunity, the Hipages share price is down a sizeable 66% since the start of the year.

Analysts at Goldman Sachs appears to see this as a buying opportunity for investors. Particularly given their belief that Hipages has a huge growth runway ahead as its ecosystem builds. In fact, the broker has likened the company to REA Group Limited (ASX: REA) in its early years. There is no higher praise.

Goldman currently has a buy rating and $2.20 price target on its shares.

WiseTech Global Ltd (ASX: WTC)

Another beaten down ASX share to consider is this logistics solutions company.

WiseTech is the company behind the popular CargoWise One solution, which allows users to execute complex logistics transactions and manage freight operations from a single, easy to use platform.

Demand has been growing very strongly over the last decade, underpinning incredible sales and profit growth. And despite its outlook looking very positive thanks to its high quality platform, strong market position, and growing freight volumes globally, its shares are still down 16% since hitting a record high earlier this month.

The team at Morgan Stanley are likely to see this as a buying opportunity. The broker currently has an overweight rating and $62.00 price target on its shares.

The post Analysts say these beaten down ASX shares are buys appeared first on The Motley Fool Australia.

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More reading

• 2 growing small cap ASX shares analysts rate as buys
• 5 things to watch on the ASX 200 on Tuesday
• Goldman Sachs names 3 mid cap ASX shares to buy
• Why is the WiseTech share price wilting 4% on Wednesday?
• Goldman Sachs names 2 exciting small cap ASX shares to buy

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 Hipages Group Holdings Ltd. and WiseTech Global. The Motley Fool Australia has positions in and has recommended Hipages Group Holdings Ltd. and WiseTech Global. The Motley Fool Australia has recommended REA Group Limited. 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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Are you interested in adding some ASX growth shares to your portfolio in September? If you are, you may want to look at the two listed below that have recently been named as buys.

Here’s what you need to know about them:

Allkem Ltd (ASX: AKE)

If you’re not averse to investing in the resources sector, then the first ASX growth share to consider is Allkem.

It is the result of the merger between lithium miners Galaxy Resources and Orocobre. This created a giant in the making, bringing together a collection of quality projects across several lithium types. These include Olaroz, Mt Cattlin, and the Sal de Vida brine project.

And with lithium prices at sky high prices and looking likely to stay that way in the near term, Allkem appears well-placed to deliver strong earnings growth. Particularly given its production growth plans. Management is aiming to grow its production 3x by 2026 and command a 10% share of global lithium production over the long term.

Macquarie is a big fan of the company. It has an outperform rating and $21.00 price target on its shares.

Breville Group Ltd (ASX: BRG)

Another ASX growth share that has been tipped as a buy is Breville.

It is the leading appliance manufacturer behind a growing stable of brands such as Breville, Sage, Kambrook, and Baratza.

Thanks to its consistent investment in research and development and ongoing global expansion, Breville’s appliances are now found in kitchens across the world.

Goldman Sachs is very positive on the company. It highlights that Breville is exposed to some powerful trends and its strong brands are well-placed to benefit from them. In light of this, it is forecasting further solid earnings growth in the coming years.

The broker currently has a buy rating and $24.70 price target on the company’s shares.

The post 2 stellar ASX growth shares that experts say are buys appeared first on The Motley Fool Australia.

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More reading

• Allkem share price sinks 5% amid Mexico lithium deposit speculation
• Here’s which ASX lithium shares investors have been loading up on this month
• Why is the Sayona Mining share price in the doldrums this week?
• Which ASX lithium shares are performing best in 2022?
• Is it too late to invest in ASX lithium shares? Apparently not…

Motley Fool contributor James Mickleboro has positions in Allkem Limited. 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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If you’re looking to boost your income portfolio, then you may want to look at the shares listed below.

Here’s why these ASX dividend shares have been tipped as buys:

Dicker Data Ltd (ASX: DDR)

The first ASX dividend share for income investors to look at is Dicker Data. It is a leading technology hardware, software, and cloud distributor.

Dicker Data has been growing its earnings and dividends at a consistently strong rate for well over a decade and has continued this trend in FY 2022.

The good news is that it looks well-placed to build on this in the coming years thanks to growing demand, favourable industry tailwinds, its strong market position, recent acquisitions, and its warehouse expansion. The latter is boosting capacity materially, allowing the company to capture the increasing demand.

Morgan Stanley is a big fan of the company. It currently has an overweight rating and $14.00 price target on its shares.

As for dividends, the broker is expecting the company’s dividend to continue growing and is forecasting fully franked dividends per share of 35.3 cents in FY 2022 and 40.5 cents in FY 2023. Based on the current Dicker Data share price of $10.03, this will mean yields of 3.5% and 4%, respectively.

Wesfarmers Ltd (ASX: WES)

Another ASX dividend share that has been named as a buy is Wesfarmers.

It is the conglomerate behind a collection of businesses across several sectors. This includes retailers such as Bunnings and Kmart, as well as industrial businesses Coregas and Covalent Lithium.

Morgans is very positive on the company. Its analysts believe Wesfarmers is well-placed for growth. This is thanks to it having “one of the highest quality retail portfolios in Australia” and a “highly regarded management team.”

The broker currently has an add rating and $55.60 price target on its shares.

In respect to dividends, Morgans is forecasting fully franked dividends per share of $1.82 in FY 2023 and $1.89 in FY 2024. Based on the current Wesfarmers share price of $43.28, this will mean yields of 4.2% and 4.35%, respectively.

The post Experts name 2 top ASX dividend shares to buy next week appeared first on The Motley Fool Australia.

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More reading

• Own Wesfarmers shares? Here’s where the health business is heading
• Down 23% in 2022, are ASX investors throwing Wesfarmers shares out with the bathwater?
• Here’s the ASX tech share with the highest dividend yield right now
• 2 excellent ASX dividend shares experts rate as buys
• Wesfarmers shares: Buy, hold, or fold?

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 Limited. The Motley Fool Australia has positions in and has recommended Dicker Data Limited and Wesfarmers Limited. 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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