Consumer staples
Coles (ASX:COL) share price higher after FY24 Q1 sales
TheĀ Coles Group LtdĀ (ASX:COL) share price is currently up after revealing its sales performance for the first quarter of FY24.
October 26, 2023
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.
TheĀ Coles Group LtdĀ (ASX:COL) share price is currently up after revealing its sales performance for the first quarter of FY24.
The Azure Minerals Ltd (ASX:AZS) share price has gone bananas after a takeover deal was agreed with Chile lithium giant SQM.
TheĀ Fortescue Metals Group LtdĀ (ASX:FMG) share price is down around 1% after its FY24 Q1 update was announced.
TheĀ Pilbara Minerals LtdĀ (ASX:PLS) share price is on watch after the ASX lithium share gave its update for the first quarter of FY24.
TheĀ Magellan Financial Group LtdĀ (ASX:MFG) share price is down 4% after yet another CEO departs. It also announced higher costs.
The Corporate Travel Management Ltd (ASX:CTD) share price is up more than 4% after the ASX travel share announced a share buyback.
TheĀ Woolworths Group LtdĀ (ASX: WOW) share price is down even though it reported growth in the first three months of FY24.Ā
The Wesfarmers Ltd (ASX:WES) share price has fallen 5% from the start of September. I’m going to explain why I think it’s a long-term buy.
TheĀ Zip Co LtdĀ (ASX:ZIP) share price is in focus after the buy now, pay later business revealed a positive update for its FY24 first quarter.
Want to level-up your analytical skills and investing insights but don’t know where to start? Join 50,000 Australian investors on our mailing list and we’ll send you our favourite podcasts, courses, resources and investment articles every Sunday morning. Grab a coffee and let Owen and the team bring you the bestĀ insights.
By downloading, you agree to receive emails from us. You can unsubscribe anytime.
Here you go: A $50,000 per year passive income special report
Join more 50,000 Australian investors who read our weekly investing newsletter and we’ll send you our passive income investing reportĀ right now.
Simply enter your email address and we’ll send it to you. No tricks. Unsubscribe anytime.
Read ourĀ Terms,Ā Financial Services Guide,Ā Privacy Policy. Weāll never sell your email address. Our company is Australian owned.