Investors have seen a wide increase in market volatility over the past few years due to many factors. Amid covid 19, many global supplies chain issues have persisted to varying degrees. When Russia invaded Ukraine, the Australian share market started hiking interest rates in an aggressive tightening cycle. For new investors, it’s vital to keep in mind that downturns are just one side of the story. In fact, identifying new leaders in the market is easiest during a downturn because they glaringly buck the trend a’ la Mineral Resources (MIN). Although, it’s no coincidence that bull markets have much stronger returns than bear markets.
Investing in the stock market doesn’t have to be daunting but it can be a tricky balancing act between picking the right stock at the right time. Part of the problem is the false sense of security the internet provides with the overwhelming amount of bias information at one’s fingertips. Clearly, the right ASX stock advice can put the probabilities in your favor. Data such as forecasted earnings and sales growth are amongst the most important characteristics of winning stocks. Let’s dive a little deeper to unpack this!
Does ASX Stock Advice Impact Your Investing Decision?
Depending on your source, the purpose of stock market news is to give you unbiased data on which companies are performing with the strongest fundamentals and earnings. Getting to know the best ASX stocks to buy with such characteristics is how the big money is made. But this can work only if you have the right ASX stock advice from a professional who has an established track record in the industry.
Without guidance, you, as an investor, might get to know 20 stocks, while they will tell you to concentrate on a few high-quality stocks. Similarly, one of the greatest challenges an investor faces is how they should respond to a particular rise or fall in their stocks share price. For example, what do you do with a 15-page earnings report that led to a 10% fall in your stocks share price! Even still, how can investors who work full time but outside the industry build a foundation in the stock market?
A person who has experienced numerous bull and bear markets is aware of the Australian stock market because they have experienced cycle after cycle. That said, one of the best things you can do to make the right investment decisions is to get in touch with a seasoned professional. Each stockbroker has differing investment philosophies and fee for service that can impact on your level of returns. Although, it’s here your knowledge of the markets will be fast tracked which will save you a lot of time and money. They will also be able to clear any doubts you may have that the internet would otherwise not be able to. The following is some of the best stock market news in Australia:
ASX Stock Advice That You Must Consider: A Few Tips To Read!
Decide how much you can risk- Every investor will lose money, and if you cannot handle losses, limit your investment amount and position size. If you feel you’ve taken on too much risk, seek ASX stock advice from professionals who may educate you on the use stop losses. Any smart professional will tell you rule # 1 is to cut your losses to preserve capital because without capital, you can’t participate!
Reassess your portfolio– Even if you have the best stock market news in Australia, there are still unanswered questions. For instance, what is the right mix for your portfolio? How should you spread your risk amongst different stocks? How many stocks should you own? Are there any merits to asset allocation? Seeking Professional ASX stock advice will answer these portfolio questions so you can produce the big gains.
Don’t panic– Tough markets can chop up your account and wipe you out. The share market can turn quicker than you think so you need to preserve your emotional capital and be on point when it rebounds. Ask your preferred financial advisor about the best ASX stocks to buy now rather than make investment decisions based on costly emotional reactions.
Which Are the Best ASX Stocks to Buy Now?
Looking ahead to brighter spring days, where in the market can investors find leaders in growth?
# Lynas Rare Earths Ltd
Lynas (LYC) has a portfolio of aligned assets to explore, develop, mine and process rare earth minerals. Fortunately for LYC, the company possesses one of the highest-grade and long life (25years) deposits in the world, with Mt Weld in Western Australia. This makes Lynas well placed to benefit from a growing move by nations to ensure they can receive a dependent flow of valuable rare earth elements. The Lynas share price closed around 3% higher at $8.88. Lynas shares come with a consensus price target of $9.89 per share.
# South32 Ltd
Siuth32 (S32) is a diversified mining and metals company with a portfolio of assets that include Alumina, Aluminium, Bauxite, Manganese ore, Nickel, Silver, Copper, Lead, and Zinc. The portfolio is 80% in that future facing (clean and green) area most notably with Aluminium as most of the material is sourced by green power (so it produces a green product with green power). S32 also pays a consistent dividend which is fully franked – certainly not a good reason to buy the stock but it’s nice to have a little dividend kick. S32 has been priced to climb to $5.50 over the next 12 months.
# CSL Limited
CSL Limited is a global biotechnology company that created innovative therapies and vaccines to save lives. The company aims to protect public health and help people with life-threatening medical conditions. CSL’s share price closed at $293.54 this week. CSL’s margins look likely to improve in the near term.
Enter The Stock Market With The Best Stock Market News In Australia
The stock market is always in the news and despite the current market trending down, there is always a bull market somewhere. So that means investors must be patient and picky to get the right stock at that time. When it comes to getting the best ASX stock advice, MF & Co. Asset Management is an experienced company you should connect with. They have knowledgeable and experienced stock market investors who offer an advisory service for the Australian and US stock market. You can learn more about them by visiting the official website.
Note: This is general advice only. MF & Co Asset Management has not considered your personal financial needs, objectives, or current situation. Accordingly, this information is not an offer, solicitation, or recommendation for any financial product unless expressly stated. You should seek professional investment advice before making any investment decision.