Almost a quarter of all Australians began investing in the last two years. More than 45 percent of these new investors are women. This storm appears to have left the conventional power players unharmed. Losses experienced as a result of the COVID-19 pandemic, as well as calls for heightened urgency from global players in respect to climate change action, have prompted a greater focus on diversification. Oil Search Limited, one of the top options in the Australian market, has been undertaking air quality tests near its exploration sites. Large Australian oil corporations have lately revealed that they are having difficulty obtaining funding for new projects. The retail industry has fared better than predicted in adjusting to market shifts. In addition to the top ASX stocks, there are a few dual-listed stocks that trade in both Australia and the United States. Rio Tinto Group and BHP Group are both natural resource mining companies. Last year, the COVID-19 situation led Westpac Banking Corporation to cancel dividend payments.
Insider Monkey highlights the list of the 10 best ASX stocks to buy now. Woolworths Group Limited is a retail firm situated in Bella Vista. It is tenth on the list of the top ten ASX stocks to purchase right now. Over the last year, Woolworths stock has returned more than 16 percent to investors. Sonic Healthcare Limited is a medical company situated in Sydney that was established in 1934. It ranks ninth on the list of the top ten ASX stocks to purchase right now. In the last year, Sonic stock has returned more than 27% to investors. Laboratory, pathology, and radiology services are all sold by the company. Woodside Petroleum Ltd, situated in Perth, was established in 1954. It’s number eight on the list of the top ten ASX stocks to purchase right now. It owns holdings in the Greater Browse, Greater Sunrise, Greater Pluto, and Greater Exmouth oil exploration and production projects, among others. The APA Group is a company established in New South Wales that owns natural gas and power-producing facilities. It ranks seventh on the list of the top ten ASX stocks to purchase right now. Solar and wind farms are also owned and operated by the company. Telstra Corporation Limited is a telecommunications company based in Melbourne. It comes in sixth place on the list of the top ten ASX stocks to purchase right now. Over the last 12 months, Telstra stock has returned over 12% to investors. They pay monthly dividends, therefore income investors should consider investing in them. For more details, click 10 Best ASX Stocks to Buy Now.
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