Business
2 stellar ASX shares to buy and hold
If you are looking to emulate Warren Buffett’s strategy of buy and hold investing, then you may want to take a look at the two shares listed below.
Both have significant potential and have been rated as buys recently. Here’s what you need to know about these top ASX shares:
Adore Beauty is a growing online beauty retailer that has almost 800,000 active customers in an Australian beauty and personal market currently worth ~$11 billion a year.
Last month the company released its half year results and revealed an 85% increase in first half revenue to $96.2 million. This was well ahead of its prospectus forecast of $89 million. It is also only a very small slice of its overall market opportunity, even when annualised.
This means…
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