ASX Growth Shares
Down 20% in 3 months, is the Redbubble (ASX:RBL) share price a bargain?
The Redbubble Ltd (ASX: RBL) share price has fallen by around 20% over the last three months. Does that mean it’s now a bargain?
April 21, 2021
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 Redbubble Ltd (ASX: RBL) share price has fallen by around 20% over the last three months. Does that mean it’s now a bargain?
The BHP Group Ltd (ASX:BHP) share price is dropping after the resources giant released its FY21 third quarter update.
The Splitit Ltd (ASX:SPT) share price is going to be on watch today after revealing huge growth in the first quarter of its FY21.
The Rio Tinto Limited (ASX:RIO) share price has dropped after revealing its 2021 first quarter production numbers.
The Hub24 Ltd (ASX:HUB) share price has fallen in reaction to the fintech’s quarterly update, despite the strong growth.
The Lynas Rare Earths Ltd (ASX:LYC) share price has sunk more than 6% after giving its March 2021 quarter update to investors.
The Temple & Webster Group Ltd (ASX:TPW) share price is up today after revealing its FY21 third quarter with strong growth.
The Afterpay Ltd (ASX:APT) share price is going to be under scrutiny today after reporting a lot of growth in its FY21 third quarter.
I’d really like to own these 2 ASX defensive shares in my portfolio. One of the ones I’d like to buy is Wesfarmers Ltd (ASX:WES).
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