Stong iron ore prices could spell a nice windfall for ASX miners and their shareholders
The post Miners flying, a takeover for Priceline, and business confidence 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 cash splash ahead for shareholders of iron ore miners, Wesfarmers’ plans to take over API, the parent company of Priceline, and the importance of Tuesday’s business confidence numbers.
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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.
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Motley Fool contributor Scott Phillips has no position in any of the stocks mentioned. 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 Wesfarmers Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.