Today's ASX news
Why The Ardent Leisure (ASX:ALG) Share Price Is Going Nuts
The Ardent Leisure (ASX:ALG) share price is one of the top performers today, it’s up 16%.
October 22, 2019
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 Ardent Leisure (ASX:ALG) share price is one of the top performers today, it’s up 16%.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.28% at lunch.
Plenty of investors are drawn to the idea of blue chip names because they seem more secure and could produce more reliable growth.
Super Retail Group (ASX:SUL) has just released a trading update, is the share price a buy?
The 2019 buy now, pay later report by Mozo has been released, does it contain good news for the Afterpay Touch Group Ltd (ASX:APT) share price?
Is the Volpara Health Technologies Ltd (ASX:VHT) share price a buy after announcing its second quarter cash flow report?
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose by 0.69% on Monday.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.28% at lunch.
The world is changing at a faster pace, so it’s important to have a diversified portfolio.
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