ASX share Ideas
Bapcor (ASX:BAP) share price driven higher after solid FY22 result
The Bapcor Ltd (ASX:BAP) share price went up around 3% after the auto parts business delivered more growth in FY22.
August 17, 2022
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 Bapcor Ltd (ASX:BAP) share price went up around 3% after the auto parts business delivered more growth in FY22.
The Redbubble Ltd (ASX:RBL) share price has plunged 37% after the company released its FY22 result, which showed a loss.
The Magellan Financial Group Ltd (ASX:MFG) share price is down 7% after the fund manager revealed its FY22 result.
The CSL Limited (ASX:CSL) share price is in focus after the ASX healthcare share reported its FY22 result.
The SEEK Limited (ASX:SEK) share price fell 5% today after the job ad business released its FY22 report. FY23 indicators are looking weaker.
The Challenger Ltd (ASX:CGF) share price fell more than 10% after reporting its FY22 result to investors, displaying underlying growth.
The Temple & Webster Group Ltd (ASX:TPW) share price has soared around 20% after revealing its FY22 report.
The BHP Group Ltd (ASX:BHP) share price is up 5% after the resource ASX share reported its FY22 result, which included a huge dividend.
The Carsales.Com Ltd (ASX:CAR) share price went up around 6% after delivering its FY22 report. It revealed strong growth.
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