Top10: The most popular ASX stocks of 2022🌟🌟
Hi 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.
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- 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?
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⏰Activity Duration
1 February 2023-8 February 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.
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💐💐💐
In its annual results for 2022, the company posted a huge 577% increase to AU$1.2 billion, along with an operating profit after tax of AU$562 million. The company’s spodumene shipments have increased by 28% over the previous year. The company also launched Battery Material Exchange (BMX), which is a platform for trading spodumene concentrate. With this, it is able to benefit from much higher prices through auctions. @Tiger_AU
The company is diversifying its business through FFI (Fortescue Future Industries) – its green energy and technology operation. The aim of the corporation is to be an integrated global green energy and resources company. @Tiger_AU
BHP (BHP) originally planned to kick off production at the underground potash mine in 2027, but market conditions have sparked it to try to bring forward Stage 1 first production into 2026, which is expected to yield 4.35M tons/year of potash.
$FORTESCUE METALS GROUP LTD(FMG.AU)$ my best performance
$Betashares Asia Technology Tigers(ASIA.AU)$ newest buy but I have long term hopes
Under the plan, Apple customers will be able to split their purchases into equal repayments without paying any interest or fees, as is the case with BNPL offerings. Users will be able to pay for instalments over 6 weeks, with payments managed in the iPhone Wallet app.
Apple Pay Later will be available for all Apple Pay payments – currently used by 85% of US merchants – and will use the Mastercard network. Apple says it will launch the service in the US but will later expand it into other markets around the world including Australia.
Also, Australia's financial services minister has said the new government will push ahead with plans to bring BNPL operators such as Zip and Afterpay under credit laws, in a further blow to the embattled sector. @Tiger_AU
🌈🌈🌈Australia is the world's largest lithium producer and $Pilbara Minerals Ltd(PLS.AU)$
owns the world's largest independent hard rock lithium operation. Pilbara Minerals has jumped 23% in just 1 month and 46% in 1 year.
I am super excited about Pilbara as it may reward its shareholders with a dividend in 2023 as its cash balance has increased 62% in December 22 quarter to AUD 2.22 billion from last quarter of AUD 1.375 billion.
I am monitoring its share price closely and lintend to invest in Pilbara Minerals as I believe it has substantial exponential growth ahead.
Another lithium stock I am considering is $Core Exploration Ltd(CXO.AU)$
Its share price has jumped 45% in 1 year. It owns Finnuss Lithium project with 10 year lifespan and 173,000 tonnes p.a. of high grade lithium. It has also signed a supply deal with Tesla to supply up to 110,000 tonnes of lithium oxide over 4 years.
I am bullish on these 2 stocks as they have great upside potential ahead.
@Tiger_AU
🌟🌟🌟I am bullish on $Betashares Asia Technology Tigers(ASIA.AU)$ as I believe it has the most potential to skyrocket this year due to the reopening of the Chinese economy. ASIA ETF had been oversold and undervalued in 2022, dropping a hefty 27%. With 50 of the largest technology and ECommerce stocks in Asia, ASIA is well diversified.
At the last closing price of AUD 7.58, ASIA offers great value for my hard earned dollars. It also minimises my risk for individual stocks. I also like that it is not China centric but also has exposure to Taiwan, South Korea and India.
The Top 10 holdings include Tencent, Alibaba, Samsung Electronics, Taiwan Semiconductor, Pinduoduo, JD. com and many others.
The management fees is 0.67%. ASIA ETF also pays dividends half yearly. The current dividend yield is 1.2%.
ASIA is my Top Pick for 2023 as it has the most upside potential and even pays a dividend too. This is the year that the Asian Tigers will shine!
@Tiger_AU @MillionaireTiger