ASX Growth Shares
2 leading ASX tech shares to buy in July 2022
Lower share prices make better buying for ASX tech shares in my opinion. I think it’s this will prove to be a good time for long-term buying.
July 6, 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.
Lower share prices make better buying for ASX tech shares in my opinion. I think it’s this will prove to be a good time for long-term buying.
I think there are some high-quality ASX dividend shares that are worthwhile owning for long-term income, including WHSP (ASX:SOL).
The Liontown Resources Limited (ASX:LTR) share price has gone up 5% on news on a deal with Ford Motor Company (NYSE: F).
The BWX Limited (ASX:BWX) share price has sunk 40% in trading so far after disappointing investors with an update.
The Collins Foods Ltd (ASX:CKF) share price has gone up by around 13% after reporting its FY22 result showing profit growth.
The Metcash Limited (ASX:MTS) share price is in focus today after the wholesale distributor and hardware ASX share announced its FY22 result.
We’re nearly at the end of the 2022 financial year. I think there are some really good investment lessons to take from the last 12 months.
The BHP Group Ltd (ASX:BHP) share price has fallen by 14% over the past month. I think that it’s getting close to becoming a buy.
If I were investing $10,000 into ASX shares then I’d be happy because there are a bunch of opportunities right now.
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