Today's ASX news
Why the Magellan (ASX:MFG) share price is soaring higher today
The Magellan Financial Group Ltd (ASX:MFG) share price has jumped in morning trading after announcing an on-market share buy-back.
March 16, 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 Magellan Financial Group Ltd (ASX:MFG) share price has jumped in morning trading after announcing an on-market share buy-back.
There are some outstanding ASX tech shares that I would like to buy, including Betashares Global Cybersecurity ETF (ASX:HACK).
The Pushpay Holdings Ltd (ASX:PPH) share price has gone up around 5% after providing an investor update with ongoing growth in FY22.
It could be a smart move to consider ASX blue chip shares during this period of volatility since the start of the year, like Xero (ASX:XRO).
The Rio Tinto Limited (ASX:RIO) share price continues to be volatile. There is a bull case and bear case for what happens next.
Fortescue Metals Group Limited (ASX:FMG) has just announced a win with a new appointment for FFI, the RBA deputy governor, Dr Debelle.
The Sezzle Inc (ASX:SZL) share price has jumped 6% in response to a significant plan to cut costs. The company wants to be profitable.
I think that there are some great exchange-traded funds (ETFs) that are worth pursuing in this volatile share market environment.
Fortescue Metals Group Limited (ASX:FMG) and Airbus have signed an agreement to work together to develop a green hydrogen plane by 2035.
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