Top performers

Morgans have released a summary of the key points from the recent bank reporting season. Of the banks that reported, Morgans says NAB was in line with consensus expectations, while ANZ and WBC beat consensus earnings expectations. Despite this, Morgans holds NAB as having the strongest 1H22 performance overall. NAB produced the strongest profit growth…

Markets around the world are still in freefall as losses mount as a result of investors moving out of risk partly due to inflation fears and supply chain disruptions partly due to the crisis in Ukraine and Covid lockdowns in China. The market is yet to become comfortable with the rate hike cycle that is…

March stands out as being one of the most difficult periods for investors in a generation. On the one hand, bond markets send fixed income to its worst return in more decades, and on the other, equity markets were sold off broadly on valuation concerns as bond yields ended a forty-year downward trend. It is…

Grocery prices have soared in Australia, rising at a faster pace than the Consumer Price Index, which is benefitting the earnings of Coles and Woolworths. However, the boost could be temporary, with food inflation expected to moderate next year. The rise in inflation globally has exceeded wages growth, eroding households’ purchasing power. Lower income households…

“Patience is a virtue” may well be the best way to explain the performance of the Australian sharemarket in the March quarter. As the rest of the world, but particularly fast-growing technology stocks listed on the NASDAQ entered free fall, the local S&P/ASX200 benchmark bucked the global trend to deliver a return of 2.2 per…

For investors looking to build positions in quality technology firms, the US computer chip giants are trading at attractive price levels, with many brokers now rating them as a buy, according to data from the Wall Street Journal. The prices of semiconductor companies have dropped sharply this year amidst a broader sell-off in technology stocks…

The initial public offering (IPO) of Chrysos Corporation Limited (ASX: C79) was supposed to be a local example of innovation. Using technology developed in conjunction with the CSIRO, the company built its proprietary PhotonAssay machine which provides faster and more accurate testing of gold samples. Instead, the IPO flopped, with the Chrysos share price down…

With a new CEO at the helm, the charitable listed investment companies (LICs) first set up by Geoff Wilson in 2014 will now start funding organisations focused on addressing mental health issues before they occur. The two Future Generation LICs, focusing on domestic equities (Future Generation Australia, ASX:FGX) and global equities (Future Generation Global, ASX:FGG),…

A strong argument could be made that Deterra Royalties Limited (ASX: DRR) is the most simple business on the ASX. Originally spun off from Iluka Resources Limited (ASX: ILU) in 2020, the company owns six royalty agreements, which entitles the business to a clip of revenue production over the defined mining area. Each quarter it…

Australia’s leading micro-investing app, Raiz (ASX:RZI), posted its 3Q financials late last week, and they came in largely as expected. The platform has burst through the $1 billion funds under management (FUM) level, recording a rise of 46.7 percent year on year to $1.02 billion at the end of the quarter. Some of the highlights…

A stock that often flies under the radar is packaging company Orora (ASX:ORA), whose shares are hitting all-time highs with no sign of stopping. In fact, from its pandemic low-point of $2.20 in September 2020, the stock has gained 77 per cent, to $3.89. And, unlike most Covid-Winners, whose share prices have reversed post-Covid, Orora…

Stockbroker and wealth manager Morgans has released its “best ideas” paper, which outlines the broker’s best ideas offering the highest risk-adjusted returns over a 12-month timeframe supported by a higher-than-average level of confidence. They are also the broker’s most preferred sector exposures. Here are six of its best picks: Wesfarmers (ASX:WES) – Large-cap idea –…