Thu, December 19, 2024
Wed, December 18, 2024
[ Wed, Dec 18th 2024 ] - Forbes
Best High-Return Stocks In India
Tue, December 17, 2024
Mon, December 16, 2024
Sun, December 15, 2024
Sat, December 14, 2024
[ Sat, Dec 14th 2024 ] - Yahoo Finance
10 Top Stocks to Buy in 2025
Fri, December 13, 2024
[ Fri, Dec 13th 2024 ] - CNBC
The best annuity companies of 2025
Thu, December 12, 2024

The pros and cons of buying Fortescue shares this month


//stocks-investing.news-articles.net/content/202 .. -cons-of-buying-fortescue-shares-this-month.html
Published in Stocks and Investing on Sunday, December 15th 2024 at 21:01 GMT by MSN   Print publication without navigation

  • Let's dig into whether this stock is an opportunity. The post The pros and cons of buying Fortescue shares this month appeared first on The Motley Fool Australia.

The article from MSN discusses the potential benefits and drawbacks of investing in Fortescue Metals Group (FMG) shares in May 2024. Pros include Fortescue's strong financial performance with a significant increase in net profit after tax, a robust dividend yield of 7.8%, and its strategic shift towards green energy, particularly through its Fortescue Future Industries (FFI) division, which could diversify revenue streams. The company's focus on decarbonization and its potential in the green hydrogen market are also highlighted as positive factors. Cons involve the cyclical nature of the iron ore market, which could lead to price volatility; concerns over the high capital expenditure required for green energy projects, potentially impacting short-term profitability; and the risk associated with the transition to new energy sectors where Fortescue has less experience. Additionally, there's mention of potential regulatory and environmental challenges that could affect operations. The article suggests that while there are promising growth avenues, the investment carries risks due to market conditions and the company's ambitious green initiatives.

Read the Full MSN Article at:
[ https://www.msn.com/en-au/money/economy/the-pros-and-cons-of-buying-fortescue-shares-this-month/ar-AA1vUlV0 ]

Publication Contributing Sources