ASX share Ideas
Why the Magellan (ASX:MFG) share price is up 13% in one month
The Magellan Financial Group Ltd (ASX: MFG) share price has gone up by more than 13% over the last month. I think it could be a buy.
April 9, 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.
The Magellan Financial Group Ltd (ASX: MFG) share price has gone up by more than 13% over the last month. I think it could be a buy.
The Eroad Ltd (ASX: ERD) share price is jumping this morning after winning a big new client called Ventia in Australia.
The Jindalee Resources Limited (ASX: JRL) share price is going bonkers. It’s currently up around 30%, though it was up 50% earlier.
Will the Flight Centre Travel Group Ltd (ASX: FLT) share price be safe after the Australian Government update about the AstraZeneca vaccine?
There are a handful of ASX dividend shares that I’d be willing to buy for my grandparents, such as Brickworks Limited (ASX:BKW).
The Western Areas Ltd (ASX: WSA) share price is up more than 6% after giving a March quarter production update.
There’s a question mark about over the CSL Limited (ASX: CSL) share price with ongoing troubles with the COVID-19 vaccines.
The Afterpay Ltd (ASX:APT) share price is going to be on watch today after the BNPL operator suffered an expectation cut from a broker.
Scentre Group (ASX: SCG) has made an announcement about its FY21 distribution. Should ASX dividend investors think about the business again?
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