
Amazon Inc Is Muscling In On Woolworths (ASX:WOW) And Coles (ASX:COL) Territory
Amazon.Com Inc (NASDAQ:AMZN) is challenging Woolworths Group Ltd (ASX:WOW) and Coles Group Limited (ASX:COL) territory by selling items at discounted prices.
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.
Amazon.Com Inc (NASDAQ:AMZN) is challenging Woolworths Group Ltd (ASX:WOW) and Coles Group Limited (ASX:COL) territory by selling items at discounted prices.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.73% at lunch.
Gentrack Group Ltd (ASX:GTK) has reported its annual result for the year to 30 September 2018, showing profit growth of 17%.
Afterpay Touch Group Ltd (ASX:APT) shares are up 2% and defended itself against an ASIC report. The buy now, pay later business is holding its annual general meeting (AGM) today.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.17% at lunch.
Collins Foods Ltd (ASX:CKF) has reported that its revenue growth for the first half of FY19 was 27.6%.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.04% at lunch.
Harvey Norman Holdings Limited (ASX:HVN) has reported its year-to-date sales in FY19, showing that Australian franchisee sales are falling.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.65% at lunch.
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