Why the People Infrastructure (ASX:PPE) share price is charging higher today
James Mickleboro | March 15, 2021 10:48am |
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People Infrastructure Ltd(ASX: PPE) share price is charging notably higher on Monday morning.
At the time of writing, the workforce management company’s shares are up a solid 4% to $3.55.
This latest gain means the People Infrastructure share price is now up a sizeable 60% over the last 12 months.
Why is the People Infrastructure share price charging higher today?
Investors have been buying People Infrastructure shares this morning after it announced a new acquisition.
According to the release, the company has entered into a binding agreement to acquire the SwingShift Nurses business.
3 compelling ASX shares to buy in February
James Mickleboro | February 4, 2021 6:35pm |
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Are you planning to make some new additions to your portfolio in the near future? If you are, then you might want to take a look at the ones listed below.
Here’s why they have been tipped as ASX shares to buy:
CSL Limited
The first ASX share to look at is CSL. This biotechnology giant is is made up of two businesses, CSL Behring and Seqirus. CSL Behring is the number one player in a global plasma therapies industry worth a massive US$30 billion per year. Whereas Seqirus is the number two player in the US$6 billion global influenza vaccines industry. The CSL share price has come under pressure this year due to plasma collection headwinds. While this is likely to weigh on its growth, UBS appears to believe it is worth dealing with this short term pain for the long term gains. Earlier this week the broker retained its buy rating a