2 ASX shares I'd buy to quickly add diversification

MotleyFool04-04

The S&P/ASX 200 Index (ASX: XJO) is heavily influenced by two sectors – ASX bank and mining shares. ASX large-cap shares within these sectors include big iron ore miners like BHP Group Ltd (ASX: BHP)...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2424820744?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-04-04 02:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2424820744","market":"hk","top_or_hot":-1,"title":"2 ASX shares I'd buy to quickly add diversification","media":"MotleyFool","content":"<div>\n<p>The S&P/ASX 200 Index (ASX: XJO) is heavily influenced by two sectors – ASX bank and mining shares.  ASX large-cap shares within these sectors include big iron ore miners like BHP Group Ltd (ASX: BHP)...</p>\n\n<a href=\"https://www.fool.com.au/2024/04/04/2-asx-shares-id-buy-to-quickly-add-diversification/\">Source Link</a>\n\n</div>\n","source":"motleyfoolau_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 ASX shares I'd buy to quickly add diversification</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 ASX shares I'd buy to quickly add diversification\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-04 02:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com.au/2024/04/04/2-asx-shares-id-buy-to-quickly-add-diversification/><strong>MotleyFool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The S&P/ASX 200 Index (ASX: XJO) is heavily influenced by two sectors – ASX bank and mining shares.  ASX large-cap shares within these sectors include big iron ore miners like BHP Group Ltd (ASX: BHP)...</p>\n\n<a href=\"https://www.fool.com.au/2024/04/04/2-asx-shares-id-buy-to-quickly-add-diversification/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ING.AU","symbol_name":"INGHAMS GROUP LTD","start_time":0,"source_url":"https://www.fool.com.au/2024/04/04/2-asx-shares-id-buy-to-quickly-add-diversification/","article_id":"2424820744","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2424820744","pubTimestamp":1712167200,"sourceInfo":{"source_id":"motleyfoolau_stock","name":"MotleyFool"},"weMediaInfo":null,"summary":"The S&P/ASX 200 Index (ASX: XJO) is heavily influenced by two sectors – ASX bank and mining shares.  ASX large-cap shares within these sectors include big iron ore miners like BHP Group Ltd (ASX: BHP)","collect":0,"end_time":0,"defaultTopTitle":"fool.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"ING.AU":"INGHAMS GROUP LTD","BK7153":"综合零售","BK7082":"大卖场与超市","TLS.AU":"TELSTRA GROUP LTD","COL.AU":"COLES GROUP LTD","CLW.AU":"CHARTER HALL LONG WALE REIT","MTS.AU":"METCASH LTD","XKO.AU":"标普/澳交所 300指数","CBA.AU":"COMMONWEALTH BANK OF AUSTRAL","BK7141":"包装食品与肉类","REIT.AU":"VANECK FTSE INTERNATIONAL PR","FMG.AU":"FORTESCUE LTD","BK7095":"多种金属与采矿","BK7501":"新冠治疗股","MYR.AU":"MYER HOLDINGS LTD","BK7087":"多样化房地产投资信托v","XAO.AU":"标普/澳交所 普通股指数","EDV.AU":"Endeavour Group Ltd","REIT":"ALPS Active REIT ETF","WBC.AU":"WESTPAC BANKING CORPORATION","BK7135":"综合性银行","BK7507":"资源股","RIO.AU":"力拓","BK7129":"钢铁","BK7028":"食品分销商","BK7040":"食品零售","BK7042":"综合电信业务","BHP.AU":"BHP GROUP LTD","BK7505":"食品股","BK7029":"百货商店","XJO.AU":"标普/澳交所 200指数","BK7511":"ESG概念"},"translate_title":"我会买2股ASX股票来快速分散投资","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"REIT":1,"CBA.AU":1,"CLW.AU":1,"COL.AU":1,"EDV.AU":1,"FMG.AU":1,"ING.AU":1,"MTS.AU":1,"MYR.AU":1,"REIT.AU":1,"RIO.AU":1,"TLS.AU":1,"WBC.AU":1,"XJO.AU":1,"BHP.AU":1,"XKO.AU":0.72,"XAO.AU":0.72},"content_text":"The S&P/ASX 200 Index (ASX: XJO) is heavily influenced by two sectors – ASX bank and mining shares.  ASX large-cap shares within these sectors include big iron ore miners like BHP Group Ltd (ASX: BHP), Fortescue Ltd (ASX: FMG) and Rio Tinto Ltd (ASX: RIO). Within the banking sector, we have the big four banks, including the Commonwealth Bank of Australia (ASX: CBA). But there's a lot of competition in the banking space, and ASX iron ore shares are at the mercy of the iron ore price.  In this article, I'm going to discuss two large businesses from other sectors that can provide diversification. I think the below stocks are quality long-term choices. Telstra Group Ltd (ASX: TLS)  Telstra is the market leader in Australia's telecommunications sector. It has a strong market position in the mobile space, enabling it to generate enormous amounts of revenue and profit. The profit enables Telstra to re-invest more into its new 5G network than other telcos, keeping it ahead of rivals and continuing the market-leading position. Technology continues to grow in usage and importance in Australia. An internet connection is essential for most businesses and households, so I think it has very defensive existing earnings. It continues to win new subscribers, which is increasing its operating leverage. Telstra is working on a 5G-powered wireless home broadband – it could capture much of the NBN's profit margin. It offers an appealing and growing dividend. The ASX share is projected (according to Commsec) to grow its dividend by 5.6% to 19 cents per share, which is a grossed-up dividend yield of 7%. Charter Hall Long WALE REIT (ASX: CLW)  This real estate investment trust (REIT) owns a diversified commercial property portfolio. Aussies love residential property, but I think commercial property is worth a spot in a portfolio, particularly for income-seekers. It's exposed to a number of defensive tenant industries such as government (19%), pubs and bottle shops (19%), telecommunications (14%), fuel and convenience (11%), grocery and distribution (10%), food manufacturing (8%), waste and recycling management (2%) and 'other' (18%). The 'other' category includes life sciences, retail, banking, financial and defence services. The business has numerous listed tenants including Endeavour Group Ltd (ASX: EDV), Telstra, BP, Inghams Group Ltd (ASX: ING), Metcash Ltd (ASX: MTS), Coles Group Ltd (ASX: COL), Myer Holdings Ltd (ASX: MYR) and Westpac Banking Corp (ASX: WBC).  Pleasingly, it has a long portfolio weighted average lease expiry (WALE) of more than 10 years. Its guided FY24 distribution translates into a distribution yield of 6.8%.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2424820744"}