Communication services & telco stocks
Tuas (ASX:TUA) share price soars on strong FY25 update
The Tuas Ltd (ASX:TUA) share price jumped after the ASX telco share gave an AGM update, which was very promising.
December 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 Tuas Ltd (ASX:TUA) share price jumped after the ASX telco share gave an AGM update, which was very promising.
The Wesfarmers Ltd (ASX:WES) share price is up close to 1% following the impending departure of the boss of Kmart.
There are some great ASX shares available for us to buy before the end of the year. These are two of the best options, in my opinion.
The Rio Tinto Ltd (ASX:RIO) share price is up after revealing it has a sold a portion of its Winu copper-gold project in WA.
The Pro Medicus Ltd (ASX:PME) share price is in focus today after its founders decided to make a major share sale.
The Woolworths Group Ltd (ASX:WOW) share price is in focus after the supermarket business announced the cost of ongoing strikes.
The Collins Foods Ltd (ASX:CKF) share price is in focus after the fast food business reported a challenged HY25 result.
The Metcash Ltd (ASX:MTS) share price is up 3% after reporting its FY25 half-year result with a solid trading update.
The Northern Star Resources Ltd (ASX:NST) share price is down more than 5% on its plan to buy De Grey Mining Limited (ASX:DEG).
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