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Top fundie names these 2 ASX shares as buys
Tristan Harrison | December 23, 2020 9:19am |
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Respected fund manager Wilson Asset Management (WAM) has recently identified two ASX shares that it owns in its portfolio.
WAM operates several listed investment companies (LICs). Two of those LICs are
WAM Capital Limited (ASX: WAM) and
There’s also one called
WAM Research Limited (ASX: WAX) which looks at smaller businesses on the ASX.
WAM says WAM Research invests in the most compelling undervalued growth opportunities in the Australian market.
The WAM Research portfolio has delivered gross returns (that’s before fees, expenses and taxes) of 15.8% per annum since the strategy changed in July 2010, which is superior to the S&P/ASX All Ordinaries Accumulation Index return of 8.8% per annum.
How to turn $20,000 into over $250,000 in 10 years with ASX shares
James Mickleboro | December 19, 2020 8:03am |
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I’m a big fan of buy and hold investing and believe it is the best way for investors to grow their wealth.
To demonstrate how successful it can be, I like to pick out a number of popular ASX shares to see how much a single $20,000 investment 10 years ago would be worth today.
This time around I have picked out the three ASX shares that are listed below:
Although this corporate travel booking company’s shares are down 43% from their all-time high, that hasn’t stopped them from smashing the market since 2010. The catalyst for this has been the success of its growth through acquisition strategy and focus on technology. This has underpinned strong sales and earnings growth over the last decade. For example, in FY 2011, its first full year since listing, Corporate Travel Management generated revenue of $46.8 million. Whereas in FY 2020, the company’s re
(1)
The Travel Management Services Market is poised to experience spend growth of more than USD 534 billion between 2020-2024 at a CAGR of over 6.16%. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic.
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SpendEdge has announced the release of its Global Travel Management Services Market Procurement Intelligence Report (Graphic: Business Wire)
Read the 120-page research report with TOC and LOE on Travel Management Services Market Procurement Intelligence Report, Pricing Outlook in Geographies that include APAC, North America, South America, and MEA, and insights into best practices to optimize procurement spend.
Why the Webjet (ASX: WEB) share price is climbing higher
Ken Hall | December 14, 2020 3:46pm |
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The
Webjet Limited (ASX: WEB) share price is among the ASX travel shares moving higher towards the end of Monday’s trade.
Shares in the Aussie travel company are down 1.2% for the day but have climbed 3.6% since midday.
Why is the Webjet share price surging higher?
The big news pushing travel shares higher was the announcement of a potential Trans-Tasman travel bubble. New Zealand Prime Minister Jacinda Ardern on Monday confirmed an in-principle agreement to open up a bubble with Australia in early 2021.
The move comes with Australia already allowing many New Zealand travellers into the country in recent months. However, today’s announcement paves the way for a potential two-way opening of the regional borders.