ASX Growth Shares
IDP Education (ASX:IEL) share price sinks on weak update
The IDP Education Ltd (ASX:IEL) share price is down 4% and initially dropped 10%, after releasing a disappointing update.
June 6, 2024
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 IDP Education Ltd (ASX:IEL) share price is down 4% and initially dropped 10%, after releasing a disappointing update.
The Xero Limited (ASX:XRO) share price is down more than 4% after announcing the cost of its new US$925 million of convertible notes.
I’m going to talk about two internationally-growing ASX shares that I’d buy and hold right now for the long-term.
The Lovisa Holdings Ltd (ASX:LOV) share price has sunk around 10% after the retailer announced its CEO is planning to leave.
The Wesfarmers Ltd (ASX:WES) share price has risen over 20% in six months. At such a high valuation, is it a buy?
These two exchange-traded funds (ETFs) are high-quality picks that could achieve strong returns and give diversification.
The BHP Group Ltd (ASX: BHP) share price is under the spotlight after the ASX mining share announced it wouldn’t be making a bigger bid for Anglo American.
The Fisher & Paykel Healthcare Corporation Ltd (ASX:FPH) share price has soared 6% in response to the FY24 result.
The Pro Medicus Ltd (ASX:PME) share price is under the spotlight after revealing more contract wins worth a total of $45 million.
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