Business
2 star ASX shares to buy this week
If you’re looking for a few shares to add to your portfolio this week, then you could do a lot worse than the ones listed below.
Here’s why these ASX shares come highly rated right now:
The first ASX share to look at is Kogan. While this ecommerce company has been performing positively in recent years, its growth went up a level in the second half of FY 2020 after the pandemic accelerated the shift to online shopping.
This led to a material jump in customers, sales, and earnings in FY 2020 and has continued into the new financial year. During the first four months of FY 2021, Kogan’s sales were up 99.8% and its operating earnings rose a massive 268.8% over the same period last year.
Analysts at Canaccord Genuity are very…
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