I pick $Coles Group(COL.AU)$.

2022-12-25

I pick $Coles Group(COL.AU)$. Coles Group Limited is an Australian retailer of groceries and goods with a market capitalization of A$22.619 billion as of December 6. Given its market share, it has meaningful normalized earnings power.
For the 2022 financial year, the sales rose 2% year over year and its earnings before interest and tax remained at levels comparable with the previous year despite headwinds such as COVID-19 lock downs in the first half and floods in the January. According to Reuters, the company trades at a forward P/E ratio of 21.11 which is a fair price for a business with Coles Group Limited's quality. @Tiger_AU

@Tiger_AU：[Events] Recommend an ASX share for 2023 💸💸

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

CYberviRus
2022-12-25
CYberviRus
Thank you
Taylee
2022-12-25
Taylee
👍
FionBai
2022-12-25
FionBai
Ok
Cash88
2022-12-25
Cash88
g
Kundos
2022-12-25
Kundos
ok
tiggerteh
2022-12-25
tiggerteh
Ok

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According to Reuters, the company trades at a forward P/E ratio of 21.11 which is a fair price for a business with Coles Group Limited's quality. @Tiger_AU","highlighted":2,"essential":1,"paper":1,"likeSize":50,"commentSize":45,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9925369219","repostId":9926482117,"repostType":1,"repost":{"magic":2,"id":9926482117,"tweetId":"9926482117","gmtCreate":1671607892440,"gmtModify":1676538563205,"author":{"id":4106546596749190,"authorId":4106546596749190,"authorIdStr":"4106546596749190","name":"Tiger_AU","avatar":"https://community-static.tradeup.com/news/389f94c108c37b450e63a265a5cad778","vip":4,"userType":4,"introduction":"Tiger Community Official Account","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"currentWearingBadge":{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.03.31","individualDisplayEnabled":0},"individualDisplayBadges":[],"starInvestorFlag":false},"themes":[{"themeId":"f36cba73808e4e79abe3276fb55deacd","categoryId":"7a15628ce2174325bddc6229505e0d70","name":"2023 Q3 Outlook: Your Trading Target/Plan is......","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":f36cba73808e4e79abe3276fb55deacd}&rnconfig={\"headerBarHidden\": true}","description":"As Q3 approaches, investors are busy strategizing their trades. \n---------------\nWhich sector will be the top winner/loser?\nWhich companies are you bullish on? \nWhat's your trading plan for Q3?","image":"https://community-static.tradeup.com/news/0c775167b72e536f4fc43cd636816c69"}],"images":[{"img":"https://community-static.tradeup.com/news/28378d2046042b2e2cc72a8858128bf7","width":"612","height":"367"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/28378d2046042b2e2cc72a8858128bf7","width":"612","height":"367"}],"title":"[Events] Recommend an ASX share for 2023 💸💸","extraTitle":"","html":"<html><head></head><body>With a new year approaching, now could be a good time to look at making some new additions to your portfolio.&nbsp;I&nbsp;&nbsp;would&nbsp;like&nbsp;to&nbsp;invite&nbsp;you&nbsp;to&nbsp;recommend an ASX share for 2023,and&nbsp;you&nbsp;will&nbsp;win&nbsp;Tiger&nbsp;Coins.<img referrerpolicy=\"no-referrer\" src=\"https://community-static.tradeup.com/news/28378d2046042b2e2cc72a8858128bf7\" tg-width=\"612\" tg-height=\"367\">In the absence of the previous rate-hiking periods, Australia's stock market has experienced turbulent times. 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