Looking for some investment ideas for July? Well, it could be worth hearing what Ord Minnett has to say about the ASX shares in this article.

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

CAR Group Limited (ASX: CAR)

Ord Minnett has put a buy rating and $35.00 price target on this auto listings company’s shares.

While it is facing a tough period, the broker remains positive and highlights its strong track record of resilience. It said:

CAR Group (CAR) has a strong track record of resilience through macroeconomic cycles, but current conditions suggest some modest near-term pressure. Reflecting this, Ord Minnett has trimmed its forecasts slightly, with our EPS estimate for FY26 and FY27 by around 1% for FY26–FY27. Our changes imply slightly softer growth than the broader market is anticipating. Our central assumption is that growth in the second half of FY26 moderates compared to the first half, before re-accelerating into FY27 and beyond.

Overall, currency movements and these modest operational adjustments translate to only minor forecast changes. On a constant currency basis, CAR is still expected to deliver around 10–11% net profit growth in FY27, or approximately 9% after foreign exchange impacts. Importantly, these macroeconomic pressures are likely to be temporary, with scope for growth to strengthen again from FY27.

Judo Capital Holdings Ltd (ASX: JDO)

The broker isn’t feeling as positive on this small business lender. In response to a disappointing trading update, Ord Minnett downgraded Judo Capital shares to a hold rating with a heavily reduced price target of $1.60.

Commenting on the downgrade, it said:

The speed at which conditions for these three specific exposures deteriorated – none were on a watch list – is a significant concern for Ord Minnett and the broader market, raising questions as to just how rigorous and reliable Judo’s monitoring processes are, not to mention management’s credibility. We also highlight the large size of these particular loans – the combined exposure for Judo is $80 million, versus its average SME loan size of around $3 million – and question why Judo was making such large individual loans.

Post the trading update, we have cut our EPS estimates by 9.4%, 19.6% and 7.6% for FY26, FY27 and FY28, respectively, which drives a steep downgrade of our target price to $1.60 from $2.40. We also cut our recommendation on Judo to Hold from Buy despite the apparent value on offer, given uncertainty around the company’s processes and the time it will take for management to rebuild market confidence.

Worley Ltd (ASX: WOR)

Worley is another ASX share that Ord Minnett has downgraded. It has cut its rating on the engineering company’s shares to a hold rating with a reduced price target of $12.70.

Ord Minnett has concerns about its near-term earnings outlook. It explains:

There remains considerable uncertainty over short-term earnings for Worley and its peers. More broadly, we highlight the change in Worley’s business mix, with a modest shift to engineering, procurement and construction (EPC) work, i.e. larger developments and responsibility for full project delivery, a business segment that is higher risk than traditional consultancy and advisory.

‍Worley does not have the same exposure as the EPC sector’s major operators, e.g. Italy’s Maire or France’s Technip Energies, but its risk profile has increased versus consulting and advisory peers such as US-based Jacobs Solution and Fluor Corp. There is apparent value on offer in Worley but the uncertainty around near-term earnings, and what we see as an increasing risk profile, mean we cut our recommendation to Hold from Accumulate.

The post Buy, hold, sell: CAR Group, Judo Capital, and Worley shares appeared first on The Motley Fool Australia.

More reading

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• Judo Bank shares rise despite Morgan Stanley price target cut
• 7 ASX shares downgraded by brokers this week

Motley Fool contributor James Mickleboro 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 CAR Group Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Experts are always on the lookout for ASX shares that could produce strong returns. We’re going to look at two names that could outperform the S&P/ASX 200 Index (ASX: XJO).

It’s interesting when one analyst likes a business, it’s very intriguing when multiple analysts think an ASX share is a buy.

Below are two of the most potentially exciting stocks with multiple buy ratings.

Goodman Group (ASX: GMG)

Goodman is the largest property business on the ASX – it develops, owns and manages a global portfolio of industrial properties.

According to the Commsec collation of analyst opinions, there are currently 12 buy ratings, two hold ratings and no sell ratings on the business. There are very few ASX shares that have as much analyst backing as Goodman right now.

Goodman is working on a very impressive development pipeline that could significantly add to its underlying value.

In the quarterly update for the three months to 31 March 2026, Goodman said that its work in progress (WIP) was $14.5 billion, with an annualised production rate of around $6 billion. The yield on cost on the current WIP is 8%.

Data centres under construction represent around 73% of WIP, so the business is looking to benefit from that high demand for new data centre facilities.

The rental performance of its property portfolio continues to perform solidly. Its third-quarter update revealed 4.1% like-for-like net property income (NPI) growth.

Guzman Y Gomez Ltd (ASX: GYG)

Another ASX share with strong backing is Guzman Y Gomez, one of Australia’s largest Mexican food businesses.

At 31 March 2026, the business had 242 locations in Australia (of which 155 were franchise restaurants), 23 locations in Singapore and five in Japan – this represented an increase of at least 14% year over year for each market.

The Commsec collation of analyst opinions shows there are currently 10 buy ratings on the business, with two hold ratings and two sell ratings.

The Guzman Y Gomez share price is much cheaper than it was a year ago – it’s 25% lower. Yet, the company continues to grow strongly. In the third quarter of FY26, Australian network sales grew by 19.7% to $320.4 million, and Asian network sales increased 15% to $21.5 million, with those markets delivering combined comparable sales growth of 6.6%.

The ASX share expects the Australian and Asian divisions to deliver year-over-year growth in underlying operating profit (EBITDA) of approximately 29%.

Over time, the company expects to reach 1,000 Australian restaurants and segment underlying EBITDA as a percentage of network sales of 10%. This could increase the value of the business significantly in the coming years.

The post 2 ASX shares highly recommended to buy: Experts appeared first on The Motley Fool Australia.

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• 2 ASX shares highly recommended to buy: Experts

Motley Fool contributor Tristan Harrison has positions in Guzman Y Gomez. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Goodman Group. The Motley Fool Australia has recommended Goodman Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Something changed in every Australian worker’s pay packet this week.

From 1 July 2026, the tax rate on income between $18,201 and $45,000 dropped from 16% to 15%. This delivered a tax cut to almost every Australian taxpayer regardless of income level.

The cut is applied automatically through your employer’s payroll. You do not need to do anything to receive it.

The actual dollar amount

The size of the benefit depends on how much of your income falls in the $18,201 to $45,000 bracket.

For someone earning exactly $45,000, the benefit from this round of cuts alone is approximately $268 per year, or around $5.15 per week.

For someone earning above $45,000, the benefit is also $268, since the portion of income taxed at the lower rate also receives this benefit.

However, the government’s total tax cuts since 2024 are larger than this single round.

An average earner on $81,245 will receive $1,978 in total tax cuts in FY27 compared to 2023-24 settings, when all three rounds of legislated tax cuts are combined.

That is $38 per week more in take-home pay than two years ago.

From 1 July 2027, the same bracket rate drops again to 14%, adding an additional maximum of $268 per year in tax savings.

The $1,000 instant tax deduction

Alongside the rate cut, a new $1,000 instant tax deduction for work-related expenses starts this financial year.

Previously, workers could only claim up to $300 in work-related expenses without providing receipts.

From FY27, that cap rises to $1,000, meaning workers can reduce their taxable income by up to $1,000 from the first dollar of work expenses without keeping a single receipt.

For a worker paying the 32.5% marginal rate, claiming the full $1,000 deduction is worth approximately $325 in tax savings when they lodge their FY27 tax return.

The deduction does not apply to FY26 returns lodged from 1 July 2026. But it does apply to FY27.

What to do with the extra money

A tax cut of $268 per year is not life-changing.

But small, consistent amounts invested over time compound into meaningful outcomes.

An extra $268 per year invested into the share market, earning the historical ASX 200 average of approximately 8.5% per annum, grows to approximately $13,400 over 20 years.

For investors who want to put their tax saving to work immediately, Commonwealth Bank of Australia (ASX: CBA) remains one of the most widely held ASX shares among Australian retail investors. CBA shares offer a fully franked dividend yield and long-term earnings track record that suits a small, consistent investment approach.

Foolish takeaway for your tax bill

Your tax rate dropped on 1 July 2026.

The cut is small, worth up to $268 this year and $536 from 2027. But combined with the new $1,000 instant tax deduction, FY27 is meaningfully less taxing than FY26 was.

The smartest move is to direct that saving somewhere productive rather than letting it disappear into the household budget unnoticed.

The post Your tax rate just dropped. Here is exactly how much more you will take home from 1 July appeared first on The Motley Fool Australia.

More reading

• Forget CBA shares, I’d buy these ASX bank stocks instead
• ASX financials went from the best sector in FY25 to negative growth in FY26. Here’s what changed
• Owned CBA shares for 10 years? Here’s how much money you’ve made
• 2 world-class ASX 200 shares I want in my portfolio
• How much do I need in superannuation to receive $5,500 per month in passive income?

Motley Fool contributor Mark Verhoeven 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.