3 best ASX travel shares of financial year 2021
3 best ASX travel shares of financial year 2021
The industry that arguably suffered the most from the COVID-19 pandemic produced some gem stocks, with investors betting on a revival.
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Tony Yoo is a senior journalist at The Motley Fool Australia. He formerly wrote for Yahoo Finance, Business Insider and Guardian Australia. Please send story tips to tony.yoo(at)foolcontractors.com. Tony s stock holdings are here.
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ASX travel shares arguably copped the biggest blow from the COVID-19 pandemic.
Every country suddenly found itself fighting an invisible enemy. And one of the bluntest ways to control the spread of the virus was to close the borders.
Here are the best performing ASX travel shares so far in 2021
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Buy these 6 ASX shares, say Wilson analysts
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Why Eclipx, Emeco, SeaLink, & Starpharma shares are storming higher today
Why Eclipx, Emeco, SeaLink, & Starpharma shares are storming higher today
SeaLink Travel Group Ltd (ASX:SLK) and Starpharma Holdings Limited (ASX:SPL) are two of four ASX shares storming higher on Thursday…
James Mickleboro has been a Motley Fool contributor since late 2015. After studying economics at university back home in the United Kingdom, James came to live in Australia and managed to land a job at an Australian fund manager. This was the start of a love affair with Australian equities and he hasn t looked back since. James is part of the CFA Institute s Chartered Financial Analyst program and hopes it teaches him how to become an astute investor which allows him to help others with their own investing. Outside of reading and researching he spends many a late night watching the English Premier League and Seinfeld reruns.
These 3 ASX shares have just stormed to record highs
James Mickleboro | March 11, 2021 8:15am |
More on: Image source: Getty Images
Although the Australian share market took a tumble on Wednesday, that didn’t stop some shares from charging higher.
In fact, three ASX shares were in such strong form that they charged to new record highs. Here’s why these ASX shares are flying high right now:
The Hansen share price jumped to a record high of $5.28 on Wednesday. Investors were buying the billing technology company’s shares after it announced a master services agreement with Telefónica Germany. The $25 million five-year deal will see Hansen deliver its Cloud Native Communications product suite through a prepaid subscription to support the telco’s operations. This led to Hansen upgrading its guidance for FY 2021. It now expects constant currency revenue of $316 million to $326 million with an underlying EBITDA margin of 37% to 39%.