4 shares on the radar this week

Sydney Airport improves its traffic flow, Dick Smith beats its prospectus guidance, and two tiny energy shares have exciting breakthroughs.

| More on:
a woman

Sydney Airport Holdings Ltd (ASX: SYD)

Sydney Airport and the NSW Government jointly announced yesterday a commitment to invest almost $500 million to improve traffic flow in and around Sydney Airport. With the airport expecting to serve some 74 million passengers by 2033, ongoing infrastructure improvements are essential to ensuring the efficient transition of customers.

Better yet, the expansions are all included in this year’s profit guidance released in February, which means no downside for investors. It’s yet to be seen if there will be any significant extra costs associated with the power outage over the weekend however.

Dick Smith Holdings Ltd (ASX: DSH)

Six months out of its IPO, and the new and improved Dick Smith has beaten its prospectus forecast in tough retail conditions, with like-for-like sales up 4%. It’s welcome news in a company whose share price has fallen sharply recently over fears of a retail slump amid poor consumer confidence.

The company also expects to announce its Asian strategy later this week. Considering many Asian nations are enjoying booming economies and a rapidly expanding middle class, Dick Smith might well turn out to be a diamond hiding in the rough of Australian retail.

Alternative energy breakthroughs

These two tiny tech shares aren’t the usual fare of a Foolish investor, not least because the rate of attrition for tech companies trying to strike it big is horrific. However, I do like to keep an eye on the ones that appear more commercially viable, two of which have big news this week.

Carnegie Wave Energy Limited (ASX: CWE) received a grant of $11 million dollars for its 1MW energy generator project CETO 6, which will sell its power to naval base HMAS Stirling. Combined with a $20 million dollar loan from the government Clean Energy Finance Corporation, the company looks very likely to complete the next step in its wave energy commercialisation.

Ceramic Fuel Cells Limited (ASX: CFU) today announced a massive improvement in their cell technology, to the point where its BlueGEN products degrade 70% slower over the course of 4,000 operating hours. It’s still a fair way off the target 10-year product lifespan, but such a huge improvement is very encouraging and much welcomed by the company’s customers.

You don’t need to look to risky tech shares to earn outstanding returns on your investment. The Motley Fool targets ASX200 shares with great growth potential and fair valuations, often giving you the opportunity to invest before the wider market twigs to its potential.

Our top analyst has just released our latest report on a great company flying under the radar of most investors. It’s completely FREE, and you’ll also receive our free newsletter Take Stock into the bargain. You can get them both here by simply entering your email address – it takes literally thirty seconds, and yes, it is that easy!

Wondering where you should invest $1,000 right now?

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

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.

*Returns as of January 12th 2022

Motley Fool contributor Sean O'Neill doesn't own shares in any company mentioned.

More on ⏸️ Investing

Close up of baby looking puzzled
Retail Shares

What has happened to the Baby Bunting (ASX:BBN) share price this year?

The share price of ASX infant products retailer Baby Bunting Group Ltd (ASX:BBN) has been a solid performer so far …

Read more »

woman holds sign saying 'we need change' at climate change protest

3 ASX ETFs that invest in companies fighting climate change

A new landmark report by the Intergovernmental Panel on Climate Change (IPCC) was released earlier this week. It provided a …

Read more »

a jewellery store attendant stands at a cabinet displaying opulent necklaces and earrings featuring diamonds and precious stones.
⏸️ Investing

The Michael Hill (ASX: MHJ) share price poised for growth

Investors will be keeping an eye on the Michael Hill International Limited (ASX: MHJ) share price today. The keen interest …

Read more »

ASX shares buy unstoppable asx share price represented by man in superman cape pointing skyward
⏸️ Investing

The Atomos (ASX:AMS) share price is up 15% in a week

The Atomos Limited (ASX: AMS) share price has been on a tear this past week, rising 15% on the back …

Read more »

asx share price competitions represented by businessmen arm wrestling
Retail Shares

How does the Temple & Webster (ASX:TPW) share price stack up against Nick Scali (ASX:NCK)?

Online furniture retailer Temple & Webster Group Ltd (ASX: TPW) had a breakout year in 2020, moving from relative obscurity …

Read more »

A medical researcher works on a bichip, indicating share price movement in ASX tech companies
Healthcare Shares

The Aroa (ASX:ARX) share price has surged 60% since its IPO

Shares in ASX healthcare company Polynovo Limited (ASX: PNV) almost doubled in price last year. And, despite a shaky start …

Read more »

asx investor daydreaming about US shares
⏸️ How to Invest

How to buy US shares from Australia right now

Investing in other geographic markets has become a popular way to diversify a portfolio. The risks associated with being exposed …

Read more »

person reading news on mobile phone
⏸️ Investing

Why Fox (NASDAQ:FOX) might hurt News Corp (ASX:NWS) shareholders

Despite the News Corporation (ASX: NWS) share price getting a 31% bump between November last year and today, News Corp …

Read more »