Today's ASX news
$1.1 Billion profit hit: Is the NAB share price a buy?
Is the NAB (ASX:NAB) share price a buy after announcing a $1.14 billion profit hit? The NAB share price is down 0.7% right now.
April 20, 2020
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.
Is the NAB (ASX:NAB) share price a buy after announcing a $1.14 billion profit hit? The NAB share price is down 0.7% right now.
Looking for top dividend shares for 2020 and beyond? The four I mention in this article could be the top picks.
The Rio Tinto (ASX:RIO) share price is up 3% this morning after giving the market an update.
The share prices of CBA (ASX:CBA), NAB (ASX:NAB), ANZ (ASX:ANZ) and Westpac (ASX:WBC) are all up over 1% today.
Bapcor (ASX:BAP) is doing a capital raising. Is the price too cheap to ignore?
The Transurban (ASX:TCL) share price is down 4% in early trading after the toll road business announced its March 2020 traffic update.
Is the ASX 200 (ASX:XJO) in a bull market or a bear market? Is it time to buy ASX shares?
The International Monetary Fund (IMF) have predicted a deep recession for Australia, which could be bad for some ASX shares.
The Afterpay (ASX:APT) share price has jumped 9% at the open after the buy now, pay later company gave a COVID-19 update.
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