Editor's picks
2 top ASX shares I’d buy in June 2024
I’d buy the two ASX shares in this article in a heartbeat because of the value on offer and the potential for returns.
May 25, 2024
Big money is not in the buying or selling, but in the waiting.
For my own portfolio, I like to find ASX shares that are growing their dividends. Growth is an essential part of the dividend equation for me. I want to see that the dividend increases are funded by growing earnings and/or growing underlying asset values. I also have a portion of my portfolio invested in an ETF that picks undervalued global businesses with strong competitive advantages.
For Rask Media, I have an interest in covering technology (and tech-related) businesses with a global growth story, as well as cyclical companies that are cheaply priced because they’re at a low point in the cycle, such as retailers and resource businesses which could benefit strongly in theĀ medium-term.
I’d buy the two ASX shares in this article in a heartbeat because of the value on offer and the potential for returns.
TheĀ Xero LimitedĀ (ASX: XRO) share price has jumped 7% after the ASX tech share reported its 2024 financial year result.
TheĀ BHP Group LtdĀ (ASX:BHP) share price is in focus after the ASX mining share announced it had made another offer for Anglo American plc (LON: AAL).
TheĀ Challenger LtdĀ (ASX: CGF) share price is up 1% after the business announced it’s extending the reinsurance partnership with Mitsui Sumitomo Primary Life Insurance.
TheĀ Webjet LtdĀ (ASX:WEB) share price has jumped 8% after reporting a strong FY24 result and revealing it’s planning to separate its businesses.
TheĀ Telstra Group LtdĀ (ASX:TLS) share price is down 2% after the company announced potential job cuts and FY25 guidance.
The TechnologyOne Ltd (ASX:TNE) share price is under the spotlight after reporting its FY24 half-year result.Ā
TheĀ Elders LtdĀ (ASX:ELD) share price is under the spotlight after reporting its FY24 first-half result which showed a big profit decline.
The Bendigo and Adelaide Bank Ltd (ASX:BEN) share price is up around 4% after releasing a FY24 profit update.
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