Reward 2000 Tiger-coinsHi Aussie,
I would like to share with you the most popular stocks and ETFs among Australian users on Tiger Trade. Have you traded any of these stocks before?
The year 2022 was a challenging one for investors due to increased interest rates. Nevertheless, investors still made excess returns through certain stocks, including mining stocks, energy stocks, etc. Let's see what happens.
$Pilbara Minerals Ltd(PLS.AU)$
Pilbara Minerals owns 100% of the large Pilgangoora Lithium Project in Western Australia. After a slow start to the year, the company's shares recovered in the second quarter of 2022 as lithium prices rose. Margin growth was due more to higher lithium prices than to an increase in production.
Lake Resources NL is a lithium exploration company. The principal activities of the company are the exploration and development of lithium brine projects and lithium hard rock projects; and exploration of minerals.
Lake Resources initially benefitted from the lithium boom through June 2022. After the unexpected departure of the CEO, the company's shares fell by 55%. The recent surge can be attributed in part to the DLE technology, which was integral to the success of the Kachi Project in Argentina.
$Betashares Asia Technology Tigers(ASIA.AU)$
It tracks the 50 largest technology and ecommerce companies that have their main area of business in Asian. Among its biggest holdings you'll find the likes of ecommerce giant Alibaba, search engine Baidu, online retailer JD.com, and WeChat owner Tencent.
$Core Exploration Ltd(CXO.AU)$
Core Lithium Ltd engages in the development of lithium and various metal deposits in Northern Territory and South Australia.Share prices have been boosted by announcements of the acquisition of a new project in April and high grade lithium discoveries in August
$Global Energy Companies ETF(FUEL.AU)$
Betashares Global Energy Companies ETF - Currency Hedged (FUEL)aims to track the performance of the NASDAQ Global ex-Australia Energy Hedged AUD Index. With oil prices trading above US$80 per barrel, energy producers are generating significant free cash flow at present. Among its holdings are the likes of BP, Chevron, ExxonMobil, and Royal Dutch Shell.
$Betashares Global Cybersecurity(HACK.AU)$
It covers a specific sector in cybersecurity. Its portfolio is dominated by US shares. Among its holdings include Okta, Broadcom, Fortinet and Cisco Systems.
Zip has fallen since the end of 2021, as a result of a general decline in the tech sector and concerns regarding the company's future. In July, the stock had a small rally, but in August, it was confirmed that the business was still not profitable. Furthermore, they are facing increasing competition, particularly from Apple, which has entered the payments market as well.
BHP is a natural resources company that discovers, acquires and markets various commodities including iron ore, coal, nickel, copper, gold and so on.BHP Billiton benefits from strong commodity sentiment in 2022, and with the recent removal of COVID-19 restrictions in China, new demand for commodities is likely to emerge in 2023
$BetaShares Global Healthcare Currency Hedged(DRUG.AU)$
DRUG aims to track the performance of an index that comprises the largest global healthcare companies hedged into Australian dollars. Among its holdings are the likes of ABBVIE INC,PFIZER,JOHNSON & JOHNSON,NOVARTIS and so on.
$FORTESCUE METALS GROUP LTD(FMG.AU)$
Fortescue is the fourth largest iron ore producer in the world. At present, their prices are heavily influenced by iron prices and are generally determined by Chinese demand. The decline in 2022 was primarily attributed to concerns about real estate debt levels, while the recent removal of COVID-19 restrictions in China caused the share price to surge.
💡Share Your Insights
Please leave a message in the comments section of this post.
- Have you traded any of these stocks before? and if so, did you make any profits or losses?
- In regards to these stocks, which ones are you bullish or bearish on, and why?
🎁Prizes
- 🐯All Tigers who comment on the following post will receive 10 Tiger Coins.
- 🐯10 Tigers will receive 100 coins for the most popular and high-quality comments.
- In addition, you get a chance to win USD 5 stock voucher( Australian citizens only 🇦🇺).
⏰Activity Duration
1 February 2023-8 February 2023
Comments
to get back in.
Holding $Pilbara Minerals Ltd(PLS.AU)$ now and that’s green now. Waiting for Q1 or Q2 2023 to sell. If any friends are interested in lithium stocks, can research on PLS and $Allkem Limited(AKE.AU)$🥰 Thanks loads @Tiger_AU for this detailed post and rewards as it helps in our investing💐💐💐