ASX Bank Shares
2 reasons why Macquarie (ASX:MQG) is my favourite bank share
There are two key reasons why Macquarie Group Ltd (ASX:MQG) is my favourite ASX bank share. Its growth profile is one of the main reasons.
September 7, 2021
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.
There are two key reasons why Macquarie Group Ltd (ASX:MQG) is my favourite ASX bank share. Its growth profile is one of the main reasons.
If I had $5.000 to invest into ASX tech shares, I know which ones that I’d want to buy for my portfolio, like Redbubble Ltd (ASX:RBL).
The Magellan Financial Group Ltd (ASX:MFG) share price is looking cheaper these days after falling 19% in two months.
The Aussie Broadband Ltd (ASX:ABB) share price is soaring up after it announced a fibre swap agreement with VicTrack.
The Hansen Technologies Limited (ASX:HSN) share price has plunged 12% after a takeover update from BGH Capital.
The Fortescue Metals Group Limited (ASX:FMG) share price is being whacked today. But there’s a logical reason for it: the dividend.
The Washington H. Soul Pattinson and Co Ltd (ASX:SOL) (WHSP) share price is on watch today after providing a FY21 update.
ASX 200 (ASX:XJO) shares can be a great place to find ASX dividend shares for income. Metcash Limited (ASX:MTS) is one good possibility.
ASX tech shares can be really good investments over the long-term. The two in this article could be good options for September 2021.
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