
BHP (ASX:BHP) share price in focus after suspending nickel mining
The BHP Group Ltd (ASX:BHP) share price is under the spotlight after the company revealed that it was suspending its nickel mining.
Big money is not in the buying or selling, but in the waiting.
Charlie Munger
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 BHP Group Ltd (ASX:BHP) share price is under the spotlight after the company revealed that it was suspending its nickel mining.
The Telix Pharmaceuticals Ltd (ASX:TLX) share price has surged more than 12% in response to positive news in the US.
A2 Milk Company Ltd (ASX:A2M) shares are under the spotlight after revealing how it would vote at the Synlait Milk Ltd (ASX:SM1) meeting.
The Incitec Pivot Limited (ASX:IPL) share price is down more than 2% after announcing it had stopped talks about its fertiliser business.
The Telstra Group Ltd (ASX:TLS) share price is up 2% after the telco announced it would be increasing mobile prices for consumers.
The Bapcor Ltd (ASX:BAP) share price is in focus after the auto parts business announced it had rejected a takeover offer and appointed a new leader.
The GQG Partners Inc (ASX: GQG) share price is up another 1% after the market enjoyed the fund manager’s June 2024 update.
I’m very optimistic about these two exchange-traded funds (ETFs) because of their quality holdings and global portfolios.
The Magellan Financial Group Ltd (ASX:MFG) share price has risen 6% after announcing its monthly funds under management (FUM) update for June.
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.