Nearmap (ASX: NEA) has now doubled since the bottom of the Tech Wreck in late June, driven by Monday’s takeover offer and buoyed further by its FY22 results. But is the deal certain to proceed? And what will happen if it doesn’t go through – does the company have a strong future?
No time…
On 2 August, the ASX's largest pureplay debt collector Credit Corp (ASX:CCP) was one of the first companies to release its FY22 results this reporting season. The company's shares plunged 13% at market opening on Tuesday last week and have gradually recovered, but are still under water. Although the company grew its profit, things aren't…
Block (ASX: SQ2) shares in Australia and on Wall Street fell on Friday after the company’s 2Q22 results. Shares had rebounded from 12-month lows reached in June in conjunction with the Tech selloff, but had begun to rebound in recent weeks as investor sentiment started to improve.
What are the Best ASX Stocks to…
Flight Centre (ASX: FLT) has been one of the most obvious 're-opening plays’ as the pandemic waned. Its share price has grown with vaccine rates and its own ever-improving financial results, or just the hint of them. This morning, shareholders received news of the latter once again and FLT’s share price rose 4%, but it…
PointsBet (ASX: PBH) shareholders have been on a rollercoaster ride since its June 2019 listing at $2 per share. Unfortunately, it’s been all downhill since hitting the all-time-high of $17.60 in February 2021.
Investors were attracted to PointsBet (ASX: PBH) with the hope that it could take a major share of the US sports…
The past couple of years have led to a new wave of people investing in stocks for the first time. Data from CommSec showed the number of first-time investors jumped 125% during COVID with 83% of these being millennials, Gen Z and Gen X. Many other platforms saw influxes of users and Investment Trends estimates…
ASX travel stocks were among the worst companies hit by the Corona Crash as demand was literally eliminated in just a matter of weeks. Travel has recovered very slowly over the past couple of years, but now companies are reporting either that they have returned to profitability or that it is not far off. …
The oil and gas sector has been among the few bright spots in the market in 2022 and Woodside Petroleum (ASX: WPL) hasn't been an exemption. Australia's largest oil and gas company is up over 34% this year, but still remains below its pre-Corona Crash levels.
Could it reach those levels? It's easy…
Westpac is Australia’s oldest bank, but not its most agile
Westpac (ASX: WBC) is one of Australia's so-called "Big Four" Banks – the oldest, having begun in 1817, and the third largest of the Big Four by market capitalisation. This company provides banking services, particularly deposit accounts and loans to customers in Australia and overseas.
It…
KMD Brands (ASX: KMD), the company which hosts outdoor equipment retailer Kathmandu, still hasn’t recovered to its pre-Corona Crash levels. Amidst COVID-19, many companies with a focus on outdoor activities (such as caravan lessors or lifestyle villages) have recovered quicker from the pandemic than their peers, but KMD has been an exemption.
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