The Hidden Risk of Investing in an Australian ETF
In this segment of the MarketFoolery podcast, host Chris Hill and special guest Scott Phillips of Share Adviser and Million Dollar Portfolio Australia talk a bit about the unusual nature of the Australian Securities Exchange and why exchange-traded funds that track it aren't as strong on the diversification front as U.S. investors might expect.
Turns out that just two industries account for the lion's share of the value in the ASX. They also dig into a few specific cases of gangbusters business down under. One involves a restaurant chain with a name familiar to Foolish fans, but there are a couple of surprise twists to the story of Domino's (NYSE: DPZ) in Australia. The other is a whole niche that has grown thanks to a very large neighbor that has been unable to trust its domestic providers.
A full transcript follows the video.
Source: Fool.com
Domino's Pizza Inc. Stock
Our community is currently high on Domino's Pizza Inc. with 55 Buy predictions and 5 Sell predictions.
With a target price of 477 € there is a positive potential of 27.34% for Domino's Pizza Inc. compared to the current price of 374.6 €.
