JB Hi Fi Ltd (ASX: JBH) shares are charging higher today.

Shares in the S&P/ASX 200 Index (ASX: XJO) electronics retailer closed trading yesterday for $78.40. In afternoon trade on Thursday, shares are swapping hands for $81.57 apiece, up 4.1%.

For some context, the ASX 200 is down 0.4% at this same time.

Today’s rally adds fuel to the stock’s recent rebound. JB Hi-Fi shares plumbed a one-year closing low of $68.89 on 3 June, and the share price is now up 18.4% in three weeks.

Longer-term, however, shares in the ASX 200 electronics retailer remain down 25.0% since this time last year, underperforming the 2.5% 12-month gains posted by the benchmark index.

Though we shouldn’t forget the two fully franked dividends, totalling $4.15 a share, that the company paid out to eligible stockholders over this time.

JB Hi-Fi stock currently trades on a 5.1% fully franked trailing dividend yield.

And looking ahead, Baker Young’s Toby Grimm believes the stock’s recent rally has further to run (courtesy of The Bull).

Here’s why.

Should I buy JB Hi-Fi shares today?

“The share price of this consumer electronics giant has significantly fallen since August 2025 in response to cost of living and supply chain cost pressures and increasing interest rates,” Grimm noted.

Citing the first reason he’s bullish on the ASX 200 stock, Grimm said, “Despite these issues, JBH is expected to deliver positive sales and underlying earnings growth during the next two years.”

As for the second reason, he has a buy recommendation on JB Hi-Fi shares, Grimm said, “The outlook for consumer electronics remains structurally sound. Diminishing rate hike expectations is another positive.”

And the third reason you may want to buy shares in the Aussie electronics retailer today is the attractive passive income.

“The stock is trading on more appealing multiples compared to 2025 and was recently offering an attractive dividend yield above 5%,” Grimm concluded.

What’s the latest from the ASX 200 electronics retailer?

The last price-sensitive news from JB Hi-Fi was the company’s third quarter (Q3 FY 2026) sales update, released on 6 May.

The company reported a 4.0% year-on-year increase in sales at JB Hi-Fi Australia and a whopping 23.2% increase in sales at JB Hi-Fi New Zealand.

As for its other two business segments, third-quarter sales at the Good Guys were up 2.5% year-on-year, while e&s sales went the other way, falling 1.4% from Q3 FY 2025.

With investor expectations clearly running high, JB Hi-Fi shares closed down 6.3% on the day of the update.

The post 3 reasons to buy the rebound in JB Hi-Fi shares today appeared first on The Motley Fool Australia.

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Motley Fool contributor Bernd Struben 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 no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The oil price rally has faded quickly, and ASX energy shares are being pulled lower with it.

At the time of writing, crude oil is down 1.71% to US$69.14 a barrel, while Brent crude is down 1.88% to US$72.35 a barrel.

That leaves crude oil below US$70 and Brent below US$73, with both benchmarks now moving back toward levels seen before the recent Middle East war.

It’s a clear shift from earlier in the month, when traders were closely watching the Strait of Hormuz and pricing in the risk of supply disruptions.

Here’s what has changed.

Oil prices fall as US-Iran talks continue

According to reports, tanker traffic through the Strait of Hormuz has improved after recent progress in US-Iran talks.

One report said 14 oil tankers crossed the maritime chokepoint on Tuesday, carrying about 20 million barrels of oil. That compares with roughly 12 tankers a day the previous week.

Trading Economics also noted that shipowners are becoming more confident moving through the area after safety guarantees from the International Maritime Organization.

The International Energy Agency (IEA) estimates the United Arab Emirates is exporting oil at nearly 85% of pre-war levels, selling roughly 60 million barrels from the Persian Gulf.

China demand is also being watched

The demand side is not helping oil prices either.

Oilprice.com reported that China’s crude imports have fallen to their lowest level since 2018.

The report said China imported 7.82 million barrels per day in May. That was down 38% from February’s pre-conflict level.

China is one of the world’s biggest oil buyers, so that number is getting plenty of attention.

The same report said China has been relying more on physical cargoes already in storage, while cutting back purchases from major Middle East suppliers.

ASX energy shares slide

The latest developments have flowed through to ASX energy shares.

Woodside Energy Group Ltd (ASX: WDS) shares are trading 2.92% lower at $27.41. The ASX’s biggest energy stock has now fallen almost 15% in a month.

Santos Ltd (ASX: STO) shares are also tumbling, down 2.69% to $7.04. The Santos share price has dropped 14.5% across the same period.

What investors are watching now

There was some supportive inventory data in the background.

According to the US Energy Information Administration, US crude inventories fell by 6.1 million barrels in the week ending 19 June.

Commercial crude stockpiles fell to 412.1 million barrels, which is around 7% below the 5-year average.

However, that wasn’t enough to stop oil prices from falling today.

At the moment, the market appears more focused on easing Middle East supply concerns than lower US inventories.

The post Crude oil falls below US$70 as ASX energy shares sell-off appeared first on The Motley Fool Australia.

More reading

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• Why Judo Capital, Minerals 260, Santos, and Worley shares are dropping today
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• Buying Woodside shares? Here’s the dividend yield you’ll get today

Motley Fool contributor Aaron Teboneras 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 no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

S&P/ASX 200 Index (ASX: XJO) shares are down 0.4% to 8,772.2 points on Thursday.

Among the 11 market sectors, healthcare is in the lead today, up 2.7%, amid signs of a meaningful sector rebound. 

The energy sector is the drag on Thursday, down 2.5%, as the supply outlook improves in the Middle East.

Trading Economics analysts reported that growing confidence in a lasting peace deal had prompted more tankers to transit the Strait of Hormuz with their tracking signals on.

Supply has also increased across key segments of the market, with buyers facing a surge of crude offers from the Middle East and other exporting regions, including West Africa.

In addition, a temporary US waiver permitting purchases of already-loaded Iranian oil is expected to further boost available supply.

Meanwhile, three experts let us in on their opinions of three ASX shares.

Let’s check them out.

Capricorn Metals Ltd (ASX: CMM)

The Capricorn Metals share price is $11.98, down 5.5% today and down 17% in the calendar year to date (YTD). 

David Coates from Bell Potter has a buy rating on this ASX gold share. 

Coates said: 

CMM is a sector leading gold producer, unhedged and debt free. It is fully funded to grow production from ~120kozpa to ~300kozpa from two gold mines in WA, each with +10 year mine lives.

CMM is run by a management team that has an excellent track record of delivery.

Our NPV-based valuation is up marginally to $16.25/sh.

Chrysos Corporation Ltd (ASX: C79)

The Chrysos Corporation share price is $5.65, down 3.4% today and down 23% YTD. 

Toby Grimm from Baker Young has a hold recommendation on this ASX industrials share. 

On The Bull this week, Grimm said: 

The company combines science and software to create technology solutions for the global mining industry. The company’s flagship product is PhotonAssay.

A pull back in gold prices, if protracted, presents a potential headwind. However, we’re encouraged by expansion into South America, where we see a large copper analysis opportunity as C79 continues to branch out from gold.

The company’s decision to upsize its debt facility to $200 million reflects management’s confidence in the near term growth runway.

In our view, the stock offers significant recovery potential given it was recently trading at a substantial discount to its February highs.

Cochlear Ltd (ASX: COH)

The Cochlear share price is $115.31, up 1.6% today and down 56% YTD.

Niv Dagan from Peak Asset Management has a sell rating on this ASX healthcare share.

He explained: 

Hospital capacity constraints amid softer consumer sentiment and reduced referral activity are weighing on implant volumes, while cost base restructuring is likely to impact earnings in the near term.

In April, the hearing implants maker materially reduced its fiscal year 2026 underlying net profit guidance to between $290 million and $330 million from between $435 million from $460 million in February.

The downgrade was a response to weaker than expected demand in developed markets amid Middle East uncertainty, lower margins and foreign exchange headwinds.

The post Buy, hold, sell: Capricorn Metals, Chrysos, Cochlear shares appeared first on The Motley Fool Australia.

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Motley Fool contributor Bronwyn Allen 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 Chrysos and Cochlear. The Motley Fool Australia has positions in and has recommended Chrysos. The Motley Fool Australia has recommended Cochlear. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.