Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.91% at lunch.
The Coles Group Limited (ASX: COL) share price is down by 2.5% after it emerged that Amazon plans to step up its pressure.
Shares of pharmacy business Sigma Healthcare Ltd (ASX: SIG) are currently in a trading halt because it has received a large takeover offer from pharmacy peer Australian Pharmaceutical Industries Ltd (ASX: API). The API share price is currently up 1.7% after outlining what some of the benefits of the deal would be.
The share price of Arena REIT No 1 (ASX: ARF) is currently flat despite announcing what its upcoming distribution payment to unitholders will be. The childcare industry is starting to see a recovery of occupancy levels.
Shares of property business DEXUS Property Group (ASX: DXS) are up by 2% because the landlord announced that its portfolio has seen a $405 million increase in value.
Here are 3 stocks I own in April 2020...
Amidst the COVID-19 confusion, there are some companies still growing FAST (think: online meetings through Zoom, streaming companies like Netflix and eHealth services provided by Teledoc).
While the world grapples with COVID-19, some companies are still growing rapidly. The entire cloud computing market is valued around $US210 billion but if you ask me, it seems clear as day that this market is only going to get bigger in 2020 and beyond.
That's why our top investment analyst has just identified 3 growth stocks in a net cash position, with strong competitive forces... and obvious tailwinds at their back. He owns all three of them right now!
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