ASX Growth Shares
Fisher & Paykel (ASX:FPH) shares up on FY21 trading update
Fisher & Paykel Healthcare Corp Ltd (ASX:FPH) shares are up almost 5% after providing an FY21 trading update.
August 18, 2020
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.
Fisher & Paykel Healthcare Corp Ltd (ASX:FPH) shares are up almost 5% after providing an FY21 trading update.
The Coles Group Limited (ASX:COL) share price will be under scrutiny today as the supermarket business announced its FY20 report. The Coles share price is up 0.5%.
Westpac Banking Corp (ASX:WBC) has released its FY20 third quarter. The bank announced that it won’t pay an interim dividend.
Cochlear (ASX:COH) has revealed an update about the lawsuit it’s facing in the US. It has announced a US$75 million settlement.
The Bendigo and Adelaide Bank Ltd (ASX:BEN) share price is down more than 50% after the regional bank announced its FY20 result.
The JB Hi-Fi Limited (ASX:JBH) share price is up more than 4% after the electronics retailer announced its FY20 result.
Altium Limited (ASX:ALU) has announced a mixed FY20 result to ASX investors. The Altium share price will be under scrutiny today.
The Kogan.com Ltd (ASX:KGN) share price will be on watch this morning after the eCommerce business announced its FY20 result.
I’m looking forward to reading a number of results during this reporting season. It will give an indication how things are going during this COVID-19 period.
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