Buy, hold, sell: James Hardie, NextDC, and WiseTech shares

A man in his 30s with a clipped beard sits at his laptop on a desk with one finger to the side of his face and his chin resting on his thumb as he looks concerned while staring at his computer screen.

There are plenty of ASX shares to choose from on the local market.

To narrow things down, let’s see what analysts are saying about three big names, courtesy of The Bull.

Are they buys, holds, or sells this week? Let’s find out:

James Hardie Industries PLC (ASX: JHX)

The team at DP Wealth Advisory has named James Hardie as an ASX share to sell this week.

It has concerns about the company’s exposure to a struggling housing construction market in the US and increasing cost of living expenses. It explains:

This Australian building materials company generates most of its revenue in the United States. The acquisition of US decking business AZEK for $US8.75 billion has left the market concerned about earnings risk in response to a flat housing construction market in the US and increasing cost of living expenses. The structure of the contentious acquisition left angry Australian investors without a vote on the deal. Too much uncertainty exists about the company’s outlook.

NextDC Ltd (ASX: NXT)

Dolphin Partners Financial Services has named data centre operator NextDC as a hold this week.

Despite its strong earnings growth outlook, the financial services company appears to believe investors should wait for a more attractive entry point. It said:

This global data centre operator recently raised capital via a 1 for 5.4 pro rata, non renounceable rights issue to institutions and retail investors at $12.70 a share. Proceeds of more than $1 billion will be used to construct data centres to meet rapidly growing demand from cloud computing customers. A compounded annual growth rate in operating earnings of more than 40 per cent is expected between fiscal years 2025 and 2028, as contracted capacity translates to revenue and earnings going forward.

WiseTech Global Ltd (ASX: WTC)

The team at Dolphin Partners Financial Services is more positive on WiseTech Global shares and has named them as a buy this week.

It highlights that the company’s shares are trading at a deep discount to broker valuations following significant share price weakness due to artificial intelligence disruption concerns. It said:

WiseTech develops and provides software solutions to the global logistics industry. The company recently reaffirmed EBITDA and margin guidance for fiscal year 2026. WTC wasn’t immune to the recent sharp sell off in technology stocks due to potential artificial intelligence disruption. Most broker forecasts are at a significant premium to the recent share price.

The post Buy, hold, sell: James Hardie, NextDC, and WiseTech shares appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has positions in Nextdc and WiseTech Global. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended WiseTech Global. The Motley Fool Australia has positions in and has recommended WiseTech Global. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.