What can the surging lithium sector tell us about the Afterpay (ASX:APT) share price?
What can the surging lithium sector tell us about the Afterpay (ASX:APT) share price?
A white metal used to make batteries and a platform used to pay in instalments. What could they possibly have in common?
Kerry Sun is a site writer at The Motley Fool Australia. He holds a Bachelor of Commerce, majoring in Finance and Economics. Kerry started his investing and trading journey back in 2014, riding the highs of A2 Milk and lows of Slater and Gordon. Kerry takes a techno-fundamental view on stocks, understanding the importance of sound fundamentals supported by a strong technical chart. Current sectors of interest include US sports betting, rare earths, lithium and BNPL.
How has the Afterpay (ASX:APT) share price responded to competition in the past?
How has the Afterpay (ASX:APT) share price responded to competition in the past?
As competition intensifies in the BNPL sector, we look at how did the Afterpay share price respond in the past.
Kerry Sun is a site writer at The Motley Fool Australia. He holds a Bachelor of Commerce, majoring in Finance and Economics. Kerry started his investing and trading journey back in 2014, riding the highs of A2 Milk and lows of Slater and Gordon. Kerry takes a techno-fundamental view on stocks, understanding the importance of sound fundamentals supported by a strong technical chart. Current sectors of interest include US sports betting, rare earths, lithium and BNPL.
Things have taken a sharp u-turn for
Wednesday was a sea of red for buy now, pay later (BNPL) shares after news broke that Apple might be working on a new BNPL product.
Ever since, Zip shares have been on a rollercoaster ride, tumbling 16.3% in the last three sessions to $6.88.
According to an article featured on Livewire yesterday, Shaw and Partners portfolio manager and Market Matters (MM) author James Gerrish is considering reducing exposure to Zip shares.
BNPL shares yet to stage a rebound
BNPL shares have struggled to rebound following Wednesday’s news.
“News that the current main US player
2 easy ways to buy-and-hold lithium shares: expert
2 easy ways to buy-and-hold lithium shares: expert
Renewable energy generation and storage seems to be the future. So how do you invest in it for the long term?
Senior journalist at The Motley Fool
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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There are many ASX and overseas shares for investors who want to put money into the growing demand for lithium, rare earths and batteries.