Many ASX 200 stocks enjoyed a steady climb yesterday as the S&P/ASX 200 Index (ASX: XJO) rose 0.56%Â
However two stocks that were heavily sold off were Zip Co Ltd (ASX: ZIP) and GQG Partners Inc. (ASX: GQG).Â
These two ASX 200 stocks fell by 7.6% and 8.6% respectively.
So what was behind the sell-off? And is it a buy the dip opportunity?
Let’s find out.
Zip Co Ltd (ASX: ZIP)Â
The buy now, pay later (BNPL) company saw its share price tumble more than 7% yesterday.
It appears investors were likely profit-taking.
There was no sensitive news out of the ASX 200 company yesterday.
Zip shares were up more than 27% in the six months prior to yesterday’s sell-off which had been on the back of measured and strategic growth.
Following yesterday’s decline, it appears this could be a true, buy the dip opportunity for investors.
Despite yesterday’s sharp fall, Zip is fundamentally the same company. There was no change in guidance or forecast, just a slightly lower valuation.
Looking at price targets out of analysts, it seems they would tend to agree.
Earlier this month, Macquarie retained an outperform rating and $4.85 price target on Zip shares.
From yesterday’s closing price of almost 48% from yesterday’s closing price of $3.28.
Furthermore, the Motley Fool’s Grace Alvino reported yesterday that Commsec Data shows a projected earnings per share of 7.9 cents in FY26, rising to 12.1 cents in FY27.
The upside tipped from TradingView is even more, with an average one year price target of $5.45 for this ASX 200 stock.
This indicates more than 66% upside.
GQG Partners Inc. (ASX: GQG)
Yesterday was an equally tough day for GQG Partners shares.
This ASX 200 company saw its share price fall by 8.6%.
This came after the global fund manager reported Funds Under Management (FUM) of US$163.9 billion at 31 December 2025.
This was up from US$153.0 billion a year ago.
However, it also reported December 2025 net outflows of US$2.1 billion which may have contributed to the sell off as overall, annual net inflows were negative.
After dropping 8% however, it could now be a good entry opportunity for investors.
Macquarie currently has an outperform rating and $2.50 price target on its shares.
This indicates an upside of more than 52%.
Even more tempting for income investors is the projected yield of approximately 12% in the coming years.
The post After crashing 8% yesterday, should investors buy the dip on these ASX 200 stocks? appeared first on The Motley Fool Australia.
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* Returns as of 1 Jan 2026
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More reading
- Why I think Zip shares offer major upside in 2026
- Zip shares slide 10% today as investors head for the exits. Here’s why
- The 3 stocks I’d buy and hold into 2026
- Why Endeavour, GQG Partners, Kingsgate, and Super Retail shares are dropping today
- GQG Partners reports US$163.9bn FUM for 2025
Motley Fool contributor Aaron Bell has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Gqg Partners. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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