Articles On Megaport (ASX:MP1)

At the start of each week I like to look at ASIC’s short position report to find out which shares are being targeted by short sellers. This is because I believe it is well worth keeping a close eye on short interest levels as high levels c...

ASX data centre shares have been receiving more media attention as the growth in global cloud computing shows no signs of easing. Cloud computing, if you’re unfamiliar, involves storing and processing data outside of your own computer hard...

Weekly update on stockbroker recommendation, target price, and earnings forecast changes. By Mark Woodruff Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macqu...

With so many growth shares to choose from on the Australian share market, it can be hard to decide which ones to buy over others. To help narrow things down, I have picked out three ASX growth shares that could be top options for investors...

Summary IDP Education could be an outperformer due to many of its smaller competitors failing to survive the crisis. Megaport clocked a decent 8% quarter-on-quarter growth in monthly recurring revenue (MRR) to AU$6.8 million. Temple &...

In Short & Caught, Stockhead recaps the ASX stocks that are the most shorted right now.   How does shorting work? Shorting works by selling stocks you do not actually own in the hope of buying them back at a lower price. Investors are i...

With so many growth shares to choose from on the Australian share market, it can be hard to decide which ones to buy over others. To help narrow things down, I have picked out three ASX growth shares that could be top options for investors...

COVID-19 has arguably brought forward years of digital change in the way companies do business. According to McKinsey, the restriction of movement due to lockdowns has fast-tracked the adoption of digital platforms by consumers and busines...

With so many shares to choose from on the ASX, it can be hard to decide which ones to buy. The good news is that brokers across the country are doing a lot of the hard work for you. Three top ASX shares that leading brokers have named as b...

At the start of each week I like to look at ASIC’s short position report to find out which shares are being targeted by short sellers. This is because I believe it is well worth keeping a close eye on short interest levels as high levels c...

ShareCafeMP1 – UBS rates the stock as Buy The SD-WAN partnerships are building momentum with the four partnerships to date representing a 49% share of the traditional markets, UBS observes. The broker now has some indication of the potentia...

Could BetaShares S&P/ASX Australian Technology ETF (ASX: ATEC) be a good buy after dropping 10% sine the middle of April 2021? What’s happening to the ATEC ETF? An exchange-traded fund (ETF) is going to perform in line with its underlyi...

Summary The ASX 200 continued gaining momentum on Thursday, hitting a fresh record high. The market sentiment got a lift after trade balance and retail sales both rose in April. Energy stocks emerge as top gainers, owing to a rise in...

In early afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record another solid gain. At the time of writing, the benchmark index is up 0.4% to 7,249.1 points. Four ASX shares that are climbing more than most today are l...

Data#3 Limited (ASX: DTL) and Megaport Ltd (ASX: MP1) shares fell by 4% yesterday. I think these 2 ASX growth shares could be sound long term businesses. DTL share price Source: Rask Media DTL 1-year share price chartData#3 provides IT solu...

The S&P/ASX 200 Index (ASX: XJO) closed 1.05% higher at 7,217.80 points on a big Wednesday of trade. That means the index comprising all ASX 200 shares is sitting at a 100-day high right now. What’s driving ASX 200 shares higher? There...

Morgans believes the Megaport Virtual edge (MVE) product can access the mass market and could be a game changer. The target is increased to $15.83 from $13.31, as the broker adds in more details around MVE. For now, the Hold recommendation...

“Your Stock Request” is a weekly video where we analyse share price charts for stocks on the Australian market (ASX) as requested by you! Email us at [email protected] with your stock request. Limit of one per person, no guarantee o...

On 2nd June 2021, the broader market ended the session in green as robust buying was witnessed in energy and utility stocks. Notably, ASX 200 closed in green, reflecting a gain of 1.05% to 7,217.80. Resultantly, it managed to set the new 10...

The Australian shares are set to close in green on Wednesday on back of strong macroeconomic data. The market is upbeat, as Reserve Bank of Australia said that the economy has been recovering faster than anticipated earlier. The benchmark...

The S&P/ASX 200 Index (ASX: XJO) is back on form and charging higher on Wednesday. In afternoon trade, the benchmark index is up 1% to 7,212.3 points. Four ASX shares that have failed to follow the market higher today are listed below....

Summary The ASX 200 closed lower by 19 points or 0.27% at 7142.60. The Australian dollar and bond yields rise after the RBA policy decision. The RBA kept interest rates steady at record lows to support the economic growth. Austral...

There are a number of companies in the tech sector that are growing at a strong rate currently. Two tech options that you might want to get better acquainted with are listed below. Here’s what you need to know about them: BetaShares Globa...

At the start of each week I like to look at ASIC’s short position report to find out which shares are being targeted by short sellers. This is because I believe it is well worth keeping a close eye on short interest levels as high levels c...

2020 was a banner year for global tech companies. While lockdowns, border closures and travel restrictions wreaked havoc across broad sectors of the economy, many tech companies saw demand for their services increase. In the US, there was...

In the days before COVID-19, much of the Australian financial news headlines centred around the WAAAX group of companies. This collection of tech market darlings, consisting of WiseTech Global Ltd (ASX: WTC), Afterpay Ltd (ASX: APT), Appen...

Are you interested in growth shares? Three to look closely at are listed below. All three have been growing strongly in recent years and look well-placed for more of the same during the 2020s. Here’s what you need to know about these ASX...

At the start of each week I like to look at ASIC’s short position report to find out which shares are being targeted by short sellers. This is because I believe it is well worth keeping a close eye on short interest levels as high levels c...

The good news for growth investors is that there are plenty of quality options for them on the Australian share market. Two options to consider are listed below. Here’s why they are highly rated right now: Megaport Ltd (ASX: MP1) The first...

So far, 2021 has been a frustrating year for shareholders of ASX tech company Pushpay Holdings Ltd (ASX:PPH). Investors would have been hoping for a repeat of last year, in which the online payment platform’s shares gained around 80% and e...

Megaport Virtual Edge (MVE) enables Fortinet customers to modernise their SD-WAN connectivity, optimise network performance, and reduce provisioning time from months to minutes. BRISBANE, Australia, May 19, 2021 /PRNewswire/ — Megaport L...

Summary The ASX 200 is set to close higher for third straight session on Tuesday, led by gains in gold and energy stocks. Software firm Nuix Limited (ASX:NXL) emerged as top gainer today, rising 11.6% to AU$3.505. On the sectoral fron...

Summary The ASX 200 rose on Tuesday despite US stocks ending lower overnight. The domestic benchmark surged buoyed by gold and iron ore stocks. Despite the domestic equity benchmark rising today, tech shares slipped. The Australia...

Summary The ASX 200 opened higher on Tuesday and gained 25 points at the open. On Monday, Wall Street closed on a muted note, with all indices settling down. The investors would be closely tracking the Reserve Bank of Australia’s (RBA...

One fund manager has picked out 3 shares that he believes will become the next Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) or Amazon.com Inc (NASDAQ: AMZN). Holon Global Investments portfolio manager Heath Behnke reckons investing in digit...

Shares in ASX tech company Bigtincan Holdings Ltd (ASX: BTH) have had a disappointing start to 2021. The Bigtincan share price has already slid roughly 25% lower this year – and at their current price of $0.825, the software developer’s sh...

At the start of each week I like to look at ASIC’s short position report to find out which shares are being targeted by short sellers. This is because I believe it is well worth keeping a close eye on short interest levels as high levels c...

With so many growth shares to choose from on the Australian share market, it can be hard to decide which ones to buy over others. To help narrow things down, I have picked out three ASX growth shares that could be top options for investors...

In Short & Caught, Stockhead recaps the most shorted ASX stocks and in this edition many of them are previous market darlings.   How does shorting work? Shorting works by selling stocks you do not actually own in the hope of buying them...

Ask A Fund Manager In part 1 of our interview, Eley Griffiths portfolio manager Nick Guidera revealed his secret sauce for evaluating shares to buy. Now in part 2, he tells us 2 ASX shares that are hot right now and one that he says is com...

At the start of each week I like to look at ASIC’s short position report to find out which shares are being targeted by short sellers. This is because I believe it is well worth keeping a close eye on short interest levels as high levels c...

The market is trading near day’s high at the close, after the Reserve Bank of Australia’s (RBA) maintained status quo in its latest policy announcement and upgraded the country’s GDP growth estimates. The benchmark index ASX 200 was up 35.5...

The Australian share market continued to trade in positive on Tuesday afternoon, owing to favourable global cues, with the benchmark index ASX 200 adding 21.9 points or 0.31% to trade at 7,050. Seven of 11 sectors were trading in green, wh...

Summary May 2021 could prove to be a good month to find ASX shares that are growing and could deliver good returns. Retailers, technology companies and miners are especially well-poised to perform in today’s changing landscape. While...

As we enter a brand new month (can you believe it’s already May?!), it’s a timely opportunity to reflect on the month just gone and what’s changed on the ASX share market. Here’s a round-up of seven big news stories for ASX investors in Apr...

At the start of each week I like to look at ASIC’s short position report to find out which shares are being targeted by short sellers. This is because I believe it is well worth keeping a close eye on short interest levels as high levels c...

Weekly update on stockbroker recommendation, target price, and earnings forecast changes. By Mark Woodruff Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macqu...

It certainly was a great month for the S&P/ASX 200 Index (ASX: XJO). The benchmark index had its best month of the year, rising 3.5% over the period to 7,025.8 points. While a good number of shares rose with the market, some recorded p...

Are you look for a growth share to buy next month? Three that could be worth considering are listed below. All three have been growing strongly in recent years and look well-placed for more of the same during the 2020s. Here’s what you nee...

On April 29, 2021, ASX 200 ended the session in green as there was a surge of 17.60 points or 0.25% to 7082.30. The ASX 200 managed to set a new 100-day high. As can be seen from the below table, ASX 300 surged by 0.29% to 7077.80. Data...