6 ASX Stocks to watch this FY24 reporting season
Nick Scali (ASX:NCK)
Nick Scali has doubled in the last 5 years, and a big part of this growth can be attributed to the furniture boom during the pandemic. Its sales have doubled from ~$250m to ~$500m in that time and its profit has…
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Iron ore demand from China has been the driving force behind the global iron ore market for the past two decades. With Beijing being the world's largest steel producer and iron ore importer and because it has had what has seemed an insatiable appetite for iron ore, China has shaped the dynamics of the industry.…
Why would the Interest Rate cut in Canada be of any relevance to investors in any other country, including in Australia? Because it may provide hope that Australia may not be too far off. And of course, if rates are cut in Australia, it may mean your mortgage or rent will go down, but it…
What are the best stocks to short if Trump Wins in November? We're not talking stocks to buy if Trump wins (although we have before), but stocks to short - in other words, stocks where you essentially bet they will fall.
Whatever happens in early November, it is inevitable that the media, analysts and certain fundies…
As we step into June 2024, the Indian stock market is truly a hotspot for investors looking to make their mark. The Nifty 50 has just hit an all-time high, soaring to 23,043.20 at its peak on May 27. Analysts are buzzing with excitement, suggesting the Nifty 50 might swing between 22,500 and 23,500 this…
The buzz among market analysts is palpable as exit polls signal yet another win for Prime Minister Narendra Modi in the upcoming Lok Sabha elections. This fervor has energized the Nifty bulls, who are eagerly chanting "Abki baar 24,000 paar," hoping the index will soar past the 24,000 mark. This surge of optimism is largely…
The Reserve Bank of Australia (RBA) has been a focal point of economic discussions in 2024. With the cash rate at a 12-year high of 4.35%, Australians are eagerly anticipating potential relief. But will interest rates be cut this year, and if so, which stocks should investors consider buying?
The Likelihood of an RBA…
In this article we answer the question 'How do analysts value stocks?'
By knowing how they do it, you can at least see where analysts are coming from in their valuation of companies. But hopefully, you can put some of these skills into practice for yourself and make your own decisions about whether or not to…
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…
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. …
