Fortescue shareholders, including Twiggy Forrest, are to enjoy a massive payday which explained the fall in the Fortescue share price on Monday.
The post Fortescue’s big fall, job ad numbers disappoint and rates in focus. Scott Phillips on Nine’s Late News appeared first on The Motley Fool Australia. –
Motley Fool Australia Chief Investment Officer Scott Phillips joined Nine’s Late News on Monday night to discuss the big fall in the Fortescue Metals Group Limited (ASX: FMG) share price, the disappointing job ads figures, a market update from Washington H. Soul Pattinson and Co. Ltd (ASX: SOL) and a look ahead to Tuesday’s interest rates decision.
Wondering where you should invest $1,000 right now?
When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.
*Returns as of August 16th 2021
ASX 200 edges higher, Soul Patts (ASX:SOL) falls, Hansen (ASX:HSN) declines
Here’s why the Brickworks (ASX:BKW) share price is lifting on Monday
Why BlueBet, Fortescue, Hansen, & Pro Medicus shares are sinking
Motley Fool contributor Scott Phillips owns shares of Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Washington H. Soul Pattinson and Company Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.