5 ASX shares I’d buy with $5,000 this week

From miners to airlines, these are the ASX shares which have caught my eye this week.

Zip Co Ltd (ASX: ZIP)

Zip shares have had an unexciting start to 2026 so far, but analysts are bullish that there is plenty of upside left for the ASX financial tech company this year. I certainly think the stock is a screaming buy for 2026.

Zip has posted some robust financial results over the past few quarters and the business has some great growth plans in place for 2026. The company is expected to post its FY26 half-year results next month where investors will find out if the company is still on track. Good news could push the share price quickly higher.

Coles Group Ltd (ASX: COL)

Coles’ growth strategy has paid off. The business was a strong performer overall in 2025. The ASX retailer posted a strong quarterly update in late October, where it reported a 3.9% increase in group sales and quarterly results generally in line with analyst expectations. 

It looks like the supermarket giant could face some headwinds this year as resilient inflation and cost-of-living pressures continue to weigh heavily on Aussie pockets. But the stock is fiercely defensive and the business is now well positioned to remain resilient. I still think the stock is a good buy with some potential ahead this year.

Qantas Airways Ltd (ASX: QAN)

Qantas and its subsidiary, Jetstar, are adding capacity to their routes this year. The aviation giant said it is also planning to scale AI usage across the business over the coming year.

Analysts at Macquarie think there is plenty more upside to come out of the ASX airline’s shares this year. The team recently said that its Jetstar business continues to be a key driver of growth for the business and that there is a “favorable outlook” ahead.

BHP Group (ASX: BHP)

The mining giant reported its first half production update yesterday. Its copper production was flat versus the previous corresponding period, iron ore was up 2%, steelmaking coal production was up 2% and energy coal production up 10%. Management also upgraded parts of its FY 2026 guidance.

The latest update follows strong production figures throughout 2025. It also follows an announcement in December that it has struck up a new US$2 billion infrastructure agreement with Global Infrastructure Partners (GIP), an investment group owned by BlackRock. 

Analysts are pretty divided about the stock but I think there is potential for some decent upside for the ASX miner’s shares in 2026 if its growth continues.

Mader Group Ltd (ASX: MAD)

Shares in the maintenance services company, which contracts to the resources sector, are in focus this week after analysts at Bell Potter upgraded its rating and target price on the stock (buy, $9.00). The broker said it thinks consensus expectations are conservative and disclosure of the company’s 5-year strategy could be a near-term catalyst. 

At the time of writing, Bell Potter’s target price implies a 7% upside for the shares over the next 12 months, however some analysts think the ASX stock could rise another 23.66% to $10.40.

The post 5 ASX shares I’d buy with $5,000 this week appeared first on The Motley Fool Australia.

More reading

• Are Zip shares a buy, hold or sell in 2026?
• Why this fund manager is buying BHP shares
• Should you buy DroneShield, Westpac, and BHP shares?
• BHP shares rise on solid half and copper upgrade
• BHP lifts copper guidance after record half-year output

Motley Fool contributor Samantha Menzies has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Macquarie Group and Mader Group. The Motley Fool Australia has positions in and has recommended Macquarie Group and Mader Group. The Motley Fool Australia has recommended BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.