Communication services & telco stocks
TPG (ASX:TPG) share price sinks 11% on latest update
The TPG Telecom Ltd (ASX:TPG) share price is down 11% after the telco gave an update about its asset sale.
November 13, 2023
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 TPG Telecom Ltd (ASX:TPG) share price is down 11% after the telco gave an update about its asset sale.
The ANZ Group Holdings Ltd (ASX:ANZ) share price is in focus as investors scrutinise the FY23 result. There was a huge dividend declared.
ASX shares that have dropped a lot because of short-term volatility look like good buys to me in November 2023.
The REA Group Limited (ASX:REA) share price is under the spotlight today after providing its FY23 first quarter update.
The Xero Limited (ASX:XRO) share price has fallen 7% in reaction to the FY24 report, which showed an increase in profit.
The National Australia Bank Ltd (ASX:NAB) share price is under the spotlight after the bank announced its FY23 result.
This could be a great time to invest in ASX growth shares during November whilst markets are uncertain and there’s a lot of volatility around.
The James Hardie Industries plc (ASX:JHX) share price is up 13% after the building products business revealed its second-quarter performance.
Exchange-traded funds (ETFs) can be wonderful investments if we find ideas that can be diversified and deliver returns.
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