ASX share Ideas
Adore Beauty (ASX:ABY) share price in focus on Q3 update
The Adore Beauty Group Ltd (ASX: ABY) share price is in focus after the company
May 1, 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 the medium-term.
The Adore Beauty Group Ltd (ASX: ABY) share price is in focus after the company
I’ve got my eyes on these ASX shares in May 2023. I think they’re great value and can deliver outperformance in the coming years.
The Coles Group Ltd (ASX:COL) share price fell over 1% despite reporting strong sales growth in the third quarter of FY23.
The Pilbara Minerals Ltd (ASX:PLS) share price jumped 7% today after the ASX lithium share released its March 2023 quarterly update.
The Megaport Ltd (ASX:MP1) share price has soared 40% after announcing its profit expectations over the next two years.
May 2023 looks like a good month to consider investing in ASX dividend shares. Here are two to consider, including WHSP (ASX:SOL).
The Blackmores Limited (ASX:BKL) share price has soared 20% after receiving a takeover offer from Kirin Holdings.
The Kogan.com Ltd (ASX:KGN) share price has jumped 5% after providing a business update for the FY23 third quarter.
The A2 Milk Company Ltd (ASX:A2M) share price is under the spotlight after making an announcement about its FY23 guidance.
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