ASX Growth Shares
Is it even worth investing in ASX blue chips these days?
ASX blue chips have attracted investors for decades. But are they even worth investing in these days?
August 17, 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.
ASX blue chips have attracted investors for decades. But are they even worth investing in these days?
The Mesoblast Limited (ASX:MSB) share price has soared 38% higher after the biotech business announced positive US news.
Baby Bunting Group Ltd (ASX:BBN) has announced its FY20 result to investors this morning, which showed a large increase in its operating profit.
National Australia Bank Ltd (ASX:NAB) has announced its FY20 third quarter to investors which showed more COVID-19 pain.
The Class Ltd (ASX:CL1) share price is up more than 20% after reporting its FY20 result to the market and announcing an acquisition.
Insurance giant QBE Insurance Group Ltd (ASX:QBE) shares are up almost 6% after the company reported its interim 2020 result.
Flight Centre Travel Group Ltd (ASX:FLT) shares are taking off today after providing an update for June 2020. The Flight Centre share price is up 3%.
AGL Energy Limited’s (ASX:AGL) share price is down 9% after the energy business released its FY20 report to investors.
The Premier Investments Limited (ASX:PMV) share price is up over 10% after the retailer gave an update.
Want to level-up your analytical skills and investing insights but don’t know where to start? Join 50,000 Australian investors on our mailing list and we’ll send you our favourite podcasts, courses, resources and investment articles every Sunday morning. Grab a coffee and let Owen and the team bring you the best insights.
