ASX:VBC
ASX:VBCConstruction

ASX Penny Stocks To Consider In December 2024

As the Australian market braces for a slower start to Week 51, with the ASX 200 expected to open lower amid concerns over rate cuts and shifts in China's economic strategy, investors are keenly observing how these factors might influence their portfolios. Penny stocks, despite being an old term, continue to capture attention as they often represent smaller or newer companies with potential for growth at attractive price points. When these stocks are backed by strong financials and sound...
ASX:XRO
ASX:XROSoftware

Xero (ASX:XRO) Sees Revenue Growth with Syft Analytics Acquisition and U.K. Regulatory Tailwinds

Xero (ASX:XRO) continues to demonstrate its strong market position with a 25% increase in revenue to $996 million and a 52% rise in adjusted EBITDA, driven by significant growth in Australia and the U.K. The recent acquisition of Syft Analytics and expansion in payments highlight Xero's strategic focus on innovation and diversification, despite challenges such as a low ROE and high valuation concerns. This report delves into Xero's competitive advantages, vulnerabilities, emerging market...
ASX:AXP
ASX:AXPOil and Gas

AXP Energy And 2 Other Promising Penny Stocks On The ASX

The Australian market has recently experienced a downturn, with the ASX200 dipping below the 8,300-point level amid mixed sector performances. Despite this volatility, there are still opportunities for investors willing to explore less traditional avenues like penny stocks. Although the term may seem outdated, these smaller or newer companies can provide significant potential when backed by strong financials and growth prospects.