Analysts Bullish on Woolworths (ASX: WOW)
Woolworths beat analyst expectations with the company’s FY 2023 financial results The analyst consensus recommendation is HOLD The company has benefited from the inflationary environment Woolworths is an iconic name to Australians, with a reputation as a solid, if inconsistent, dividend payer. Over ten years, the share price is up 25.99%, with dividends paid every…
Newcomer Siren Gold (ASX: SNG) is Worth a Look
New Zealand-based Siren Gold listed on the ASX on 6 October 2020, closing its first day of trading at $0.44 per share. By 7 December, the share price nearly doubled, rising to $0.84 per share. The company has multiple gold assets in the historically producing Reefton Goldfield. The company’s 90-day average trading volume places SNG…
Is it time to Buy ResMed Inc. (ASX: RMD)?
ResMed is a global leader in respiratory care devices Except for FY 2016, the company has paid dividends over the last decade ResMed has increased revenues in each of the previous four fiscal years ResMed makes respiratory care hardware and cloud-supported software with a significant focus on sleep apnoea and chronic obstructive pulmonary issues. The…
Red Metal (ASX: RDM) Drilling Shows New Source of Rare Earths
Red Metals is a junior minerals explorer with assets that span multiple commodities. The ninety-day average trading volume of 357,648 shares per day shot up into the millions after the announcement of a new discovery of Rare Earth Oxides. The share price went up from $0.11 per share to $0.12 per share following this same…
Paladin Energy (ASX: PDN) Banking on Growth of Nuclear Energy
Nuclear Energy is back on the hunt for solutions to increasing carbon emissions. A 2020 report by The International Atomic Energy Agency (IAEA) suggested Nuclear Energy capacity could double by 2050. After the Japanese Fukushima nuclear disaster in 2011, there was a declining interest in nuclear energy. In the midst of this disaster, Australian uranium…
Will JB HiFi (ASX: JBH) Squeeze the Short Sellers
JB HiFi has bounced on and off the Top Ten Shorted Stocks on the ASX for more than a decade Higher interest rates are weighing on consumer spending Full Year 2023 Financial Results saw a 4.3% revenue increase., and a 3.7% profit decline More than a decade ago, online and brick-and-mortar retailer JB HiFi aroused…
DroneShield (ASX: DRO) Increasing Revenue and Cutting Losses
Company’s share price has shown high volatility since listing on 21 June 2016 In the past year, DroneShield announced multiple new contract signings DroneShield continues to develop new hardware and software systems Historically, many technological advances have had both positive and negative applications. Unmanned aerial vehicles are creeping into delivery systems, benefitting businesses needing topographical…
Macmahon Holdings Serving Miners from Development to Delivery
Macmahon Holdings offers its clients services from mine development and planning to materials delivery The company serves miners of multiple commodities throughout Australia and Southeast Asia Macmahon has been in business for 60 years Macmahon has a surface mining division providing mine planning, blasting, crushing, and equipment maintenance. The company also operates an underground mining…
Can Kogan.com (ASX: KGN) Return to Market Darling Status
Kogan.com ranks in the top ten of Australian online retailers COVID-related lockdowns pushed the share price to all-time highs The company failed to anticipate consumers returning to brick-and-mortar stores as lockdowns ended Kogan.com listed on the ASX in 2016, achieving market darling status in the eyes of Aussie investors. The shares hit an all-time high…
Tailwinds for James Hardie Industries (ASX: JHX)
James Hardie Industries makes an array of fibre-cement-based building products The company’s primary target is residential construction, but it also serves commercial construction customers James Hardie Industries is the largest producer of fibre-cement backer board and siding in the world James Hardie’s global markets stretch from Australia, New Zealand, and the Philippines to Europe and…
