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.
Commonwealth Bank of Australia (ASX:CBA) shares are under the spotlight after the bank announced some impacts for the upcoming FY24 result.
The Siteminder Ltd (ASX:SDR) share price has jumped 5% after the ASX tech share announced a strong FY24 trading update.
The Rio Tinto Ltd (ASX:RIO) share price is under the microscope after the ASX mining share announced its FY24 first-half result.
The BHP Group Ltd (ASX:BHP) share price is down 1% after the miner revealed a significant copper project deal.
The Fortescue Ltd (ASX:FMG) share price is down around 9% after the ASX iron ore share suffered a major share sale.
The Credit Corp Group Ltd (ASX:CCP) share price is up more than 11% after announcing its FY24 result with a promising update.
The NIB Holdings Limited (ASX:NHF) share price is down 3% after the healthcare business announced the retirement of its CEO.
The Kogan.com Ltd (ASX:KGN) share price has climbed 10% in response to the company’s promising June 2024 update.
The SEEK Limited (ASX:SEK) share price is down more than 2% after impairing its Chinese Zhaopin investment.
Want to level-up your analytical skills and investing insights but don’t know where to start? Join 50,000 Australian investors on our mailing list and we’ll send you our favourite podcasts, courses, resources and investment articles every Sunday morning. Grab a coffee and let Owen and the team bring you the best insights.
