These boring shares could provide exciting returns

Whilst it can be fun to invest in exciting tech shares like Appen Ltd (ASX: APX), which operates in the artificial intelligence and machine learning industries, investing in boring industries can be just as rewarding.

Two boring shares which I think investors ought to consider buying today are listed below.

Bingo Industries Ltd (ASX: BIN)

It certainly is hard to get excited about waste management, but don’t let that put you off investing in Bingo Industries. The $1.1 billion waste management company has been a big hit since its IPO and I expect more of the same over the next decade.

This is because the predominantly New South Wales-based company intends to expand its footprint nationally over that time. If this is a success, it could put Bingo Industries in a position to deliver above-average earnings growth for a long-time to come. In the first-half of FY 2018 the company posted a 37.1% increase in pro forma NPAT to $21.3 million.

BWP Trust (ASX: BWP)

One of Australia’s best retail companies in my opinion would be the Wesfarmers Ltd (ASX: WES) operated Bunnings Warehouse. As of the end of the third quarter, the hardware retailer had achieved sales of $9.6 billion in Australia and New Zealand, up 9.6% on the prior corresponding period. This made it Wesfarmers’ best performing retail asset during the period.

One of the best ways to gain exposure to Bunnings Warehouse is through BWP Trust. The majority of its properties are tenanted by Bunnings, putting BWP in a position to benefit from the retailer’s strong growth and expansion plans. Its shares have provided an impressive total average return of 13.5% per annum over the last 10 years. I believe more market-beating returns could be on the way, especially with its shares providing a trailing 5.5% dividend at present.

That's enough boring shares for now, so here are some exciting shares which are delivering staggering profit growth right now.

Top 3 ASX Blue Chips To Buy In 2018

For many, blue chip stocks mean stability, profitability and regular dividends, often fully franked..

But knowing which blue chips to buy, and when, can be fraught with danger.

The Motley Fool’s in-house analyst team has poured over thousands of hours worth of proprietary research to bring you the names of "The Motley Fool’s Top 3 Blue Chip Stocks for 2018."

Each one pays a fully franked dividend. Each one has not only grown its profits, but has also grown its dividend. One increased it by a whopping 33%, while another trades on a grossed up (fully franked) dividend yield of almost 7%.

The names of these Top 3 ASX Blue Chips are included in this specially prepared free report. But you will have to hurry. Depending on demand – and how quickly the share prices of these companies moves – we may be forced to remove this report.

Click here to claim your free report.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Wesfarmers Limited. The Motley Fool Australia owns shares of Appen Ltd. The Motley Fool Australia has recommended BWP Trust. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The 5 mining stocks we’re recommending in 2019…

For decades, Australian mining companies have minted money for individual investors like you and me. But if you believe the pundits and talking heads on TV, those days are long gone. Finito! Behind us forever…

We say nothing could be further from the truth. To earn the really massive returns, you’ve got to fish where others aren’t fishing—and the mining sector could be primed for a resurgence. That’s why top Motley Fool analysts just revealed their exciting new research on 5 ASX miners they believe could help you profit in 2019 and beyond…


The best way we see to play the global zinc shortage… Our #1 favourite large-cap miner (hint: it’s not BHP)… one early-stage gold miner we think could hit the motherlode… Plus two more surprising companies you probably haven’t heard of yet!

For free access to our brand-new research, simply click here or the link below. But be warned, this research is available free for a limited time only, and we reserve the right to withdraw it at any time.

Click here for your FREE report!