To The Moon

Here's a look at the ASX end of week performances for some of the larger stocks in each sector (11 sectors).

No surprise to see the Energy sector with an increase as those stocks are involved in Petroleum, Gas and Electricity, all of which are experiencing pricing increases.

With our market closed on Monday (June 13 ) it added a bit more uncertainty, so we see another decent fall on the ASX today.

CPI Index figures coming out of the U.S and China will be on today's market interest.

1. Communications Sector

 $TELSTRA CORPORATION LIMITED.(TLS.AU)$ belongs to Communications Sector, now price at AU$3.8, the weekly performance is -3.1%, 

For decades, Telstra was a dividend royalty on the ASX, After savage dividend cuts a few years ago, Telstra reemerged as a dividend favourite over the pandemic

It's currently offering a fully franked dividend yield of 4.13%. The company’s yield is still beating out $COMMONWEALTH BANK OF AUSTRAL(CBA.AU)$ at the moment. But it is now trailing the other big four banks.

2. Consumer Discretionarly Sector

 $WESFARMERS LIMITED(WES.AU)$ , $TABCORP HOLDINGS LIMITED(TAH.AU)$ $ are in Consumer Discretionary Sector, they've see -7.38% and 7.98% increase respectively this week.

$WESFARMERS LIMITED(WES.AU)$ dropped to it's 2-year lows.because it's Kmart stores affected by inflation due to their volume sales model(supply chain impacts), not based on price level. 

With the demerger of $TABCORP HOLDINGS LIMITED(TAH.AU)$ into two separate entities – The Lottery Corporation (TLC) and New Tabcorp (TAH) [wagering, media and gaming services], The Lottery Corporation (TLC) spin off took main businees. Management believes the lottery business should almost be viewed like a infrastructure asset which mostly unaffected by the recession.

3. Consumer Staples Sector

$WOOLWORTHS GROUP LTD(WOW.AU)$ ,$Coles Group(COL.AU)$ ,$A2 Milk(A2M.AU)$ are larger stocks belong to Consumer Staples Sector. The past week see declined around 1%~3%.

Under inflation ,the two big supermarket ASX shares $WOOLWORTHS GROUP LTD(WOW.AU)$ ,$Coles Group(COL.AU)$ can pass on price increases to consumers. YTD of COL is -2.9%, YTD of WOW is 10.76% .

The formal market darling $A2 Milk(A2M.AU)$ is set to face a further class action from shareholders for allegedly engaging in misleading and deceptive conduct. It;s YTD in 2022 is 19.18%.

4. Energy Sector

 $WOODSIDE ENERGY GROUP LTD(WDS.AU)$ ,$SANTOS LIMITED(STO.AU)$ ,$ORIGIN ENERGY LIMITED(ORG.AU)$ are larger stocks of Energy Sector, weekly performances are 9.5%, 1.55%, and 0 change respectively. 

$WOODSIDE ENERGY GROUP LTD(WDS.AU)$, the largest energy company listed on the ASX, acquired the entire share capital of BHP Petroleum (BHPP) and issued approximately 914 million new Woodside shares to BHP. the company highlighted “We are focused on unlocking pre-tax annual synergies of more than $400 million as we merge the two businesses.”

$SANTOS LIMITED(STO.AU)$ is one of Australia’s leading energy producers with a number of quality operations and growth projects. Morgans remain very positive on the company despite its strong gain (32%+) this year. The broker currently has an add rating and $10.00 price target on its shares.

Australia's second-largest power producer $ORIGIN ENERGY LIMITED(ORG.AU)$ withdrew its earnings guidance for the year to June 2023 on Wednesday, as it struggles to secure coal for a key power plant amid soaring spot energy prices, knocking its shares down recently.

5. Financial Sector Companies

$COMMONWEALTH BANK OF AUSTRAL(CBA.AU)$ ,$WESTPAC BANKING CORPORATION(WBC.AU)$ ,$QBE INSURANCE GROUP LIMITED(QBE.AU)$ are 3 Financial Sector companies, WBC.AU and CBA.AU declined more than 10% in this week , and QBE slightly decreased 0.42%.

The Commonwealth Bank of Australia(CBA.AU) share price and Westpac Banking Corp(WBC.AU)'s share price being rocked by RBA’s decision to increase rates 0.5% on Tuesday.

$QBE INSURANCE GROUP LIMITED(QBE.AU)$ is now recruiting for key posts ahead of the international insurer’s further expansion in Europe by way of a Netherlands branch.

6. Health Care Sector

$RAMSAY HEALTH CARE LIMITED(RHC.AU)$ ,$SONIC HEALTHCARE LIMITED(SHL.AU)$ are star stocks belong to Health Care Sector, weekly performances are 0.66% and -5.33%. Healthcare is an essential sector and also withstand inflationary pressures.

The private hospital operator $RAMSAY HEALTH CARE LIMITED(RHC.AU)$  was trading fairly flat for most of 2022, but did suddenly rocketed to a 52-week high of $84.58 in April after the company received a $14.8 billion takeover offer from a consortium of investors led by KKR. RHC is in 10 different countries with over 8 million admissions /patient visits to its facilities in over 532 locations.

$SONIC HEALTHCARE LIMITED(SHL.AU)$ have many institutional investors. on June 2nd 2022, the largest shareholder is BlackRock, Inc. with 7.2% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 5.2% and 5.0%, of the shares outstanding, respectively.

7. Industrial Sector

$TRANSURBAN GROUP(TCL.AU)$ and $QANTAS AIRWAYS LIMITED(QAN.AU)$ are stocks we want highlight from Industrial Sector, their weekly performances are -2.99% and 6.01%. 

Analysts remain split on Toll road operator $TRANSURBAN GROUP(TCL.AU)$ next moves. Rates sensitivity is likely to remain an issue for Transurban, Credit Suisse says. JP Morgan remain constructive on the Transurban share price, gaining “increased comfort” from the company’s March 2022 traffic update. TCL.AU 's YTD in 2022 remains green at 3.18%.

Taking a 37% market share in April, with a strong rebound in domestic travel numbers and international travel,  $QANTAS AIRWAYS LIMITED(QAN.AU)$ is finding itself short-staffed in the wake of its pandemic workforce reductions. The ACCC also had dropped its investigation into potential anti-competitive behaviour by Qantas. QAN.AU's YTD in 2022 is around 3%.

8. Information Technology Sector

$Altium(ALU.AU)$ ,$Appen Ltd(APX.AU)$ ,$Technology One(TNE.AU)$ ,$Wisetech Global(WTC.AU)$ are stocks belong to Information Technology Sector. APX.AU dropped the most around 15%, WTC.AU declined about 9%, ALU.AU lost 6% weekly, only TNE.AU gain 0.55%.

$Technology One(TNE.AU)$ has grown EPS by 48% per year, over the last three years. It's a profitable company with insiders own 14% of this business. Technology One's earnings per share growth have been levitating higher, the YTD performance is -13.76%.

The technology company $Appen Ltd(APX.AU)$ share price sinks to 4-year low now, because A $850 Mn buyout was cancelled withdrawn by Telus.. Appen provides data for machine learning and artificial intelligence. Appen’s customers include technology giants such as Google, Amazon, Microsoft and Salesforce. Analysts at Citi have recently cut the company’s shares to a neutral rating and cut the price target by 28%. It's YTD is -51%.

$Altium(ALU.AU)$ is one of the globally leading electronic PCB software design providers, In the FY22 half-year result, the company saw its revenue rise by 28%. Altium is expecting its underlying EBITDA margin in FY22 to be between 34% and 36%. One of the features of the Altium balance sheet is that it has no debt. Seems ALU is a strong and health stock, But the YTD is -40%.

$Wisetech Global(WTC.AU)$ is an Australian software-as-a-service (SaaS) logistics company that specialises in logistics software solutions. The company develops, sells, and integrates software that makes it easier for logistics service providers. WiseTech's have recorded negative growth of more than 38% YTD. This Tech industry earnings uncertainty and previous over-valued tech stocks.

9. Material Sector

$BHP GROUP LTD(BHP.AU)$ ,$FORTESCUE METALS GROUP LTD(FMG.AU)$ ,$NEWCREST MINING LIMITED(NCM.AU)$ ,$Rio Tinto Ltd(RIO.AU)$  are 4 large stocks in Material Sector that many investors farmiliar with. Their weekly performances from -1% to -5%. The ASX mining share has been rising in recent weeks. Since 10 May 2022. 

$BHP GROUP LTD(BHP.AU)$ the board declared a record fully franked interim dividend an increase of 49% over the prior corresponding period, The market is optimistic that the demand for iron ore will return to the normal level. Jefferies has slapped a price target on the energy giant, The price target implies a possible rise of around 18% over the next year.

Goldman Sachs's analysts have reiterated the iron ore giant $FORTESCUE METALS GROUP LTD(FMG.AU)$ to sell rating and cut their price target down because of the stock's valuation..Shareholders might want to keep a close eye on this stock after insiders sold US$9.4m stock earlier this year.

$NEWCREST MINING LIMITED(NCM.AU)$ is a gold producer with assets in Australia, Papua New Guinea and Canada, it's shares are still attractive to the team at JPMorgan, investment bank JPMorgan retained their overweight rating on Newcrest in a recent note, flagging several positives.

The $Rio Tinto Ltd(RIO.AU)$ share price has gone on a bit of a rollercoaster in 2022. The broker UBS currently has a neutral rating on the miner, That implies a possible decline of around 10% over the next year. 

10. Real Estate Sector

$GOODMAN GROUP(GMG.AU)$ , $Scentre(SCG.AU)$ are stocks from Real Estate Sector, SCG declined 6.38% weekly, GMG declined 8.2%. Both are top ASX REITs on investors.

Industrial property manager $GOODMAN GROUP(GMG.AU)$ is a landlord for warehouses — or fulfilment centres. According to CMC Markets, eight out of 12 analysts currently recommend Goodman shares as a strong buy. Currently the company exposed to the rising interest rates, would see declining sentiment. The YTD in 2022 is -30%.

With the return of more foot traffic to physical retail, the brokers have upgraded $Scentre(SCG.AU)$ 's rating. As this REIT owns 42 Westfield centres. The company had a strong performance by the post-COVID-19 recovery phase and earnings expected to grow in excess of 5.3% in 2022. YTD in 2022 is -14%.

11. Utility Sector

$AGL ENERGY LTD(AGL.AU)$ ,$APA GROUP(APA.AU)$ are two star stocks from Utility Sector, the weekly performance of each is -0.46% and 1.24%. 

Australia’s biggest electricity supplier and carbon emitter $AGL ENERGY LTD(AGL.AU)$ extends the power outage period of its Loy Yang A Unit 2 to the second half of September due to global supply chain issues and the availability of specialised materials. This cause concerns for people all across the east coast. In other news this week, the company confirmed the resignation of chief customer officer Christine Corbett after a shareholder push halted the board’s proposed demerger. Seems AGL needs find a new direction. The YTD in 2022 is 45.3%.

$APA GROUP(APA.AU)$ just recieved over $20 Bn in energy infrastructure assets. the company said it received strong support from more than 20 new and existing financiers enabled APA to increase the size of the offering from $500 million to $1 billion. The loan syndicate includes a number of Australian and Asian banks. The company believe this illustrates the confidence from institutions and enables APA to continue to strengthen our balance sheet. The YTD in 2022 is 14%.

Up to now, all the important ASX stocks in this week have been sorted out. Hope it will be helpful to your investment.

If you still care about which stock, please comment in the message area.