Leaders

For investors looking to build positions in quality technology firms, the US computer chip giants are trading at attractive price levels, with many brokers now rating them as a buy, according to data from the Wall Street Journal. The prices of semiconductor companies have dropped sharply this year amidst a broader sell-off in technology stocks…

In the US, corporate earnings season is in full swing, and it couldn’t come at a worse time. Investors are fleeing away from risk and to safety putting the market in a bearish unforgiving mood. Companies that have missed expectations have been absolutely smashed. According to FactSet, 70 per cent of S&P500 companies that have…

The initial public offering (IPO) of Chrysos Corporation Limited (ASX: C79) was supposed to be a local example of innovation. Using technology developed in conjunction with the CSIRO, the company built its proprietary PhotonAssay machine which provides faster and more accurate testing of gold samples. Instead, the IPO flopped, with the Chrysos share price down…

Bank reporting season is almost done with three of the four major banks have already posted their results. WBC, MQG and ANZ have reported. CBA is the remaining bank left to report. ANZ reported last Wednesday and whilst it was about 4 percent below market expectations, the market was happy. Albeit because the market was…

Informally known as the millionaire factory, it may be time to rename Macquarie Group Ltd (ASX: MQG) the billionaire club. On Friday the company reported a record $4.7 billion annual profit for FY22 as it took advantage of extreme market gyrations, supply chain constraints, and the shift to green energy. The key headline numbers include:…

ETF Securities has won the race to list Australia’s first cryptocurrency ETF, ending a long drawn out battle among ETF providers. Australia’s first Cboe exchange-listed bitcoin and Ethereum ETFs are set to launch on Thursday, giving investors long-awaited access to both cryptocurrencies. A delay stalled the previous launch date of April 27. ETF Securities and…

With a new CEO at the helm, the charitable listed investment companies (LICs) first set up by Geoff Wilson in 2014 will now start funding organisations focused on addressing mental health issues before they occur. The two Future Generation LICs, focusing on domestic equities (Future Generation Australia, ASX:FGX) and global equities (Future Generation Global, ASX:FGG),…

A strong argument could be made that Deterra Royalties Limited (ASX: DRR) is the most simple business on the ASX. Originally spun off from Iluka Resources Limited (ASX: ILU) in 2020, the company owns six royalty agreements, which entitles the business to a clip of revenue production over the defined mining area. Each quarter it…

Australia’s leading micro-investing app, Raiz (ASX:RZI), posted its 3Q financials late last week, and they came in largely as expected. The platform has burst through the $1 billion funds under management (FUM) level, recording a rise of 46.7 percent year on year to $1.02 billion at the end of the quarter. Some of the highlights…

A stock that often flies under the radar is packaging company Orora (ASX:ORA), whose shares are hitting all-time highs with no sign of stopping. In fact, from its pandemic low-point of $2.20 in September 2020, the stock has gained 77 per cent, to $3.89. And, unlike most Covid-Winners, whose share prices have reversed post-Covid, Orora…

Stockbroker and wealth manager Morgans has released its “best ideas” paper, which outlines the broker’s best ideas offering the highest risk-adjusted returns over a 12-month timeframe supported by a higher-than-average level of confidence. They are also the broker’s most preferred sector exposures. Here are six of its best picks: Wesfarmers (ASX:WES) – Large-cap idea –…

If there was an award for the exchange-traded fund (ETF) with the best ticker code, it would unanimously be awarded to ETF Securities’ Battery Tech & Lithium ETF (ASX: ACDC). Named after Australia’s most high-voltage rock band, ACDC provides Australian investors with diversified exposure to the renewable energy megatrend; specifically, companies involved in building battery technology and…