3 stocks to instantly diversify your portfolio

4 min read | September 11, 2018 08:04 AM AEST | By Team Kalkine Media

When talking about diversifying of stocks in your portfolio it becomes equally important to choose stocks from different sectors as it is to pick different stocks. Here are three stocks with exposure in various themes or segments which are discussed herein.

Betashares Nasdaq 100 ETF (ASX:NDQ) – Through a launch of the range of new international ETFs and to expand its global shares product suite, the company has recently announced its plans. BetaShares Global Blockchain Innovators ETF (BLOK), BetaShares Asia Technology Tigers ETF (ASIA), and BetaShares Global Robotics and Artificial Intelligence ETF (RBTZ) are the three products which are expected to launch soon. As at the end of December 31, 2017, the cash and cash equivalents stood at $15.89 million. As at September 11, 2018, the stock went up at a market price of $18.210 which is a percentage change of 0.331% trading near its 52-week high. In the last one year, the stock has noted a performance change of 41.80%. On an industry level the Australian ETF industry continued to grow to a record high of $39.98 billion showcasing a huge potential for the company. [optin-monster-shortcode id="wxhmli4jjedneglg1trq"]

Apiam Animal Health Ltd (ASX:AHX) – It is a leading rural veterinary practices company. For the FY 2018 the revenue has gone up by 8.8% reaching to $106.6 million as compared to FY 2017. The underlying EBITDA was also up by 17.3% to $9.8 million as compared to the PCP, resulting into a marginal increase of 1% in underlying NPAT to $4.4 million. The operating cashflow was also positive in FY 18 with an addition of $7.5 million to reach $9.2 million against the FY 17. In line with FY 2017 the company declared a dividend of 0.8 cps. As at September 11, 2018, the stock was at a market price of $0.550 with a flat daily price change, trading near its 52-week low. In the last one year, the stock has noted a performance change of -27.63%. The company is soon going to declare 0.8cents dividend with dividend pay date as October 26, 2018.

Propel Funeral Partners Ltd (ASX:PFP) – Providing services for death care, the company’s revenue increased to $80.9 million from $46.1 million in FY17, pro forma operating NPAT increased 125% to $12.3 million. Ahead expectation reaching up to $21.5 million in FY18, Pro forma operating earnings before interest tax, depreciation and amortization (EBITDA) also grew by 75%. The company has completed three acquisitions which include Seasonal Funerals, Brindley Group and Norwood Park, in the year of its official listing on ASX. The company holds a strong balance sheet with cash of $28.3 million and new $50 million undrawn debt facility, as at 30 June 2018. As at September 11, 2018, the stock was at a market price of $2.970 with a daily price change of 2.062%. In the last one year, the stock has noted a performance change of -11.82%. The company is soon to pay fully franked dividend of 6.4 cents as at October 05, 2018.

Serial Number                        Stock (ASX)       P/E       EPS
1. Betashares Nasdaq 100 ETF (ASX:NDQ) 17.100 Â 1.061 AUD
2. Apiam Animal Health Ltd (ASX:AHX) 17.130 Â 0.032 AUD
3. Propel Funeral Partners Ltd (ASX:PFP) Â Â Â - -0.197 AUD

Table: P/E and EPS of three stocks

Dividend Stocks To Buy

The Income available from dividends remains attractive for many investors.

We take a look at the best yields on the market and assess what they say about a company’s prospect.

One Thing is certain, though, Australia interest rates are still low, making income difficult to come by and keeping the focus for many investors on high yielding stocks. Kalkine’s team of analysts bought you handpicked report for “Top 25 Dividend Stocks For 2018.”

ASX-relevant Special Reports are published year-round to provide a detailed analysis into an investing opportunity or a potential risk to your portfolio.

Click here to get your free report.


Disclaimer

The advice given by Kalkine Pty Ltd and provided on this website is general information only and it does not take into account your investment objectives, financial situation or needs. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. Kalkinemedia.com  and associated websites are published by Kalkine Pty Ltd ABN 34 154 808 312 (Australian Financial Services License Number 425376). website), employees and/or associates of Kalkine Pty Ltd do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.