Latest news with #shareprices
Daily Mail
4 days ago
- Business
- Daily Mail
HAMISH MCRAE: I remain positive about the markets
Are equities on a new plateau, at base camp for a further climb? Ultimately, the justification for share prices must be the underlying profitability of the companies concerned and, on both sides of the Atlantic, all eyes will be on the rash of company results coming in the days ahead. Here it's a big week, with results from HSBC, BAE, GSK, AstraZeneca, Rolls-Royce, Unilever and more. What the analysts will be looking for, as always, is how much the news is already in the market, and where are the surprises, welcome and unwelcome. But step back from individual companies and a broader message may emerge. It's whether what is happening confirms that the world economy is securely growing despite everything that has been thrown at it. The markets will also be looking at what is happening to the so-called Magnificent Seven in the US – Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla, which together account for a third of the S&P 500 index. We have had results from Tesla, which were unsurprisingly glum, and from Alphabet, parent of Google, which were pretty upbeat. We've got Meta (Facebook's owner) and Microsoft on Wednesday, and Apple and Amazon on Thursday. Then it's late August for the most valuable of all, chip maker Nvidia. Again, from a trader's point of view, the stories are specific to the companies themselves, but what matters for the rest of us is what it says about the world economy more generally. Here, there are two puzzles. It's possible that the tariff ructions will do serious and lasting damage to the global economy, but it doesn't seem to have done so to date. Now, that may change and we don't yet have a trade deal between the US and the EU. But so far, all seems fine. That raises a huge question. If anyone had said a couple of years ago that the whole movement towards cutting trade barriers would be reversed, most of us would have expected really serious damage to the multinational corporations reporting right now. But it seems that was wrong. Maybe, and this is the first puzzle, the new rough and ready trading rules that Donald Trump is imposing on the world are better. The other puzzle is where are we in the economic cycle? There does seem to be an inexorable ten-year cycle, in the sense that serious downturns seem to come through roughly every decade. Often there is a mid-cycle pause and you might expect that now. But maybe that won't happen this time. Maybe growth will soldier on, even taking on a new spurt. That's the thing to look for next week. If these huge companies are on balance positive about their prospects, then the answer to those puzzles will be clear: the new world trading order is at least as effective as the old one, and we are into the second leg of a long upswing. It will be the justification for shares going to all-time highs. And if, looking forward, global business seems to be getting a bit worried, then the rest of us should be worried too. I remain positive about the markets. My main reason for that is how extraordinarily resilient big businesses have become. I don't think the markets fully appreciated this, hence the meltdown when Trump's tariffs were launched in April. You could say companies do not become, and remain, big if they can't cope when bad stuff is thrown at them. There have been a string of sad examples of firms that are a shadow of their former selves. But there are great recovery stories too, most recently from Rolls-Royce, so let's see what its update is on Thursday. What would be great to see happen would be for this strong equity market to help rebuild an investment culture. Britain's FTSE 100 index is now up more than 10 per cent this year. Add in dividend income and a typical Footsie investor would be up about 12 per cent. Past performance is no guide to the future, except that on a very long view it is, or at least has been over the past century and more. And anything is better than seeing savings whittled away by inflation month after month, year after year.
News.com.au
4 days ago
- Business
- News.com.au
Stock Tips: One expert makes a Sigma call, Aussie Broadband connects with another
It's no easy gig analysing share prices and company performance but somebody's got to do it. Every week two experts from our Share Tips columnist pool give us their recommendations. Toby Grimm – Baker Young Limited BUY Sigma Healthcare (ASX:SIG) Sigma's merger with Chemist Warehouse created Australia's dominant vertically integrated pharmacy group with a high growth outlook given our ageing population and wellness trends. Pinnacle Investment (ASX:PNI) Pinnacle should benefit significantly from the market's rally back to all-time highs with base and performance fees likely to exceed recently downgraded expectations. HOLD South32 (ASX:S32) The company's quarterly production update showed encouraging operational performance, and we note the Hermosa project in the US could be a tier one asset given supportive US critical mineral security policy. Woodside Energy Group (ASX:WDS) Alongside a relatively impressive quarterly output report, Woodside has confirmed key development projects are on track reducing risk and improving free cash flow available for distributions. SELL AMP (ASX:AMP) Recent share price appreciation underestimates continued competitive challenges and continuing investment needs. Combined with sub-optimal bank operations we see risks of setbacks and would be exiting. Helia Group (ASX:HLI) The loss of Commonwealth Bank and potentially ING mortgage insurance contracts (combined worth more than half the business' premiums in 2024) underscores a lack of competitive advantage and growth. Tony Paterno – Ord Minnett BUY Aussie Broadband (ASX:ABB) Remains well placed to grow market share as consumers trend to higher speed tiers and the NBN's fibre upgrade program rolls out. ARB Corporation (ASX:ARB) Australian new vehicles sales increased by 2.4% in Jun-25. ARB's key vehicle sales increased 15.0% in June, with the SUV and LCV market both lifting. HOLD Bapcor (ASX:BAP) After the recent strategy day, the company's key messages are on business simplification, continuing cost initiatives and improving retail operations. It expects operational improvements following headcount reductions and warehouse consolidation. Brickworks (ASX:BKW) Demand for BKW's Industrial property developments remain solid, with further growth in rental income expected. In Australia, recent rate cuts are expected to translate into improved housing activity late in 2025. SELL Evolution Mining (ASX:EVN) EVN delivered a slightly softer quarter result (higher capex), whilst the outlook showed higher costs. Trading expensive at these levels. Lynas (ASX:LYC) We believe the optimistic LYC share price rise since the MP Materials & DoD deal is misplaced. We don't believe they will benefit and the US has gone all-in on its domestic producer.
News.com.au
19-07-2025
- Business
- News.com.au
Stock Tips: AI on offence, gold on defence
It's no easy gig analysing share prices and company performance but somebody's got to do it. Every week two experts from our Share Tips columnist pool give us their recommendations. David Thang – Sequoia Wealth Management BUY NextDC (ASX:NXT) A leading data centre provider in Australia, capitalising on rapidly growing demand fuelled by cloud computing and artificial intelligence. With the prestigious Nvidia AI Factory certification, the company is well-positioned for continued expansion. Hub24 (ASX:HUB) The platform provider delivered a solid result, with funds under administration up 30% and net inflows rising 25% year-on-year. Both margins and earnings are pointing north. HOLD Double-digit profit growth is evident for the health insurer. Effective cost management and earnings momentum has resulted in an increase to its fully franked dividend yield. PolyNovo (ASX:PNV) A global wound care technology provider, recently announced positive data from its NovoSorb trial for type 1 diabetes wounds, showing accelerated healing and fewer complications. SELL Ansell (ASX:ANN) Long-term downward share price momentum remains in play for the personal protective equipment company. We prefer others. Lifestyle Communities (ASX:LIC) The recent negative VCAT ruling on exit fees for residents could significantly impact its revenue. Mark Goulopoulos – Cumulus Wealth BUY Northern Star Resources (ASX:NST) Australia's largest gold miner with a strong growth pipeline following the De Grey Mining acquisition, providing solid leverage to a rising gold price. Xero (ASX:XRO) Completed a strategic US acquisition that broadens its addressable market and complements its core offering, unlocking new cross-sell opportunities. HOLD Life360 (ASX:360) A fast-growing tech name with strong user momentum, though the recent share price rally reflects this. Treasury Wine Estates (ASX:TWE) The Penfolds brand remains a valuable moat, but softer short-term sales are expected. SELL Lynas (ASX:LYC) A strategic global asset, but the recent share price spike appears to price in elevated rare earth prices providing a chance to take profits. Johns Lyng Group (ASX:JLG) With limited upside left post-takeover offer, it's a good time to lock in gains and rotate into higher-conviction ideas.
News.com.au
12-07-2025
- Business
- News.com.au
Stock Tips: There's no such thing as bad pizza… right?
It's no easy gig analysing share prices and company performance but somebody's got to do it. Every week two experts from our Share Tips columnist pool give us their recommendations. – Bell Potter Securities BUY CSL (ASX:CSL) CSL offers compelling value, trading at a significant discount (32%) to its historical average PE ratio. Recent regulatory headwinds in the US flu vaccine market are considered short-term, and long-term growth fundamentals remain strong. Hub24 (ASX:HUB) HUB24 is positioned for substantial growth driven by strong market movements and increased net inflows, reflecting a compelling technology proposition. Earnings forecasts are upgraded, supporting a robust outlook for multi-year growth. HOLD Domino's Pizza Enterprises (ASX:DMP) DMP remains a hold due to uncertainty around sales recovery and franchisee earnings stability. Despite attractive potential stock return off current lows, the turnaround strategy relies heavily on cost savings, which introduces execution risk. Pro Medicus (ASX:PME) Strong revenue visibility and contract growth provide stability, although recent valuation gains have priced in much of the near-term upside. Earnings revisions are minor, limiting immediate upside. SELL Transurban Group (ASX:TCL) Despite steady earnings growth, TCL's upside is constrained by higher net interest costs and limited capacity expansion. Lynas Rare Earths (ASX:LYC) High optimism and geopolitical hedging have inflated LYC's valuation beyond fundamentals. Production growth delays and rising operating costs exacerbate near-term pressures. Sean Conlan – Leyland Private Asset Management BUY WiseTech Global (ASX:WTC) We expect the E2open acquisition to accelerate Cargowise's growth by enhancing its freight-forwarder solutions and expanding into the beneficial cargo-owner segment. Symal Group Ltd (SYL) SYL is a vertically integrated construction business with exposure to data centres, renewables and defence sectors, with clear growth opportunities and a strong balance sheet. HOLD Ramsay Health Care (ASX:RHC) We see a potential in specie distribution of RHC's holding of Ramsay Sante as a re-rating catalyst. However, the timing and outcomes as part of management's review remain uncertain. Medibank Private (ASX:MPL) We expect MPL to continue to control costs and deliver robust margins in its core Health Insurance division. MPL is a solid defensive, with some potential upside left. SELL Reece (ASX:REH) Continued market softness across ANZ and US and heightened competition in the US have weighed on performance. The tariff context adds a layer of uncertainty to US market conditions. Domino's Pizza Enterprises (ASX:DMP) Management is relying on improved execution as a key to turning the business around, however given recent performance and franchisee profitability challenges, this may not be an easy task to address.
Yahoo
10-07-2025
- Business
- Yahoo
Mobileye Global (MBLY) Dives as Intel Unloads $900-Million Stake
Mobileye Global Inc. (NASDAQ:MBLY) is one of the . Mobileye Global dropped its share prices by 7.08 percent on Wednesday to end at $17.32 apiece as investor sentiment was dampened by Intel Corp.'s unloading of shares worth $900 million in the company. In a statement, Mobileye Global Inc. (NASDAQ:MBLY) said that Intel Corp.'s subsidiary, Intel Overseas Funding Corporation, plans to sell 50 million MBLY Class A common shares at a price of $16.5 apiece for a total of $825 million. It also granted its underwriters an option to purchase an additional 7.5 million shares for a total of $123.75 million. If fully subscribed, the transaction would be worth a total of $948.75 million. Meanwhile, Mobileye Global Inc. (NASDAQ:MBLY) said that it would buy back more than 6.2 million shares upon the conclusion of the share sale at a price per share equal to the per share purchase price to be paid by the underwriters in the offering. A driverless vehicle navigating city traffic, equipped with ADAS and safety features. Additionally, Intel expressed its intention to convert 50 million of its MBLY Common B shares to Common A shares, which it would hold at this time. While we acknowledge the potential of MBLY as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
