The BHP Group Ltd (ASX: BHP) share price has come off the boil.

The mining giant is trading around $60.34, down from its 52-week and record high of $65.98. That puts the BHP share price about 8% below its recent peak.

For a company of BHP’s size, that is a meaningful pullback. It also raises a fair question for investors: is this a chance to buy? I think it could be.

The Jansen update was disappointing

Part of the recent weakness can be linked to BHP’s update on its Jansen potash project.

The company has completed a detailed review of Stage 2 and now expects the total investment estimate to rise from US$4.9 billion to US$6.9 billion, including contingencies. First production is now expected in late FY31, two years later than planned.

That is clearly disappointing.

A US$2 billion cost increase is substantial, and the timing shift means investors will have to wait longer for the next stage of Jansen to contribute. BHP said the majority of the increase relates to additional construction hours, more materials, and escalation identified through its review.

I do not think investors should simply brush that aside. Large mining projects are complex, and cost discipline is important.

At the same time, I do not think the update changes the entire investment case for BHP.

The company still expects Jansen Stage 2 to deliver approximately 4.36 million tonnes per annum of production. After ramp-up, combined output from Jansen is expected to be 8.5 million tonnes per annum, which BHP says would represent around 10% of total global potash production.

The project is now taking longer and costing more, but it still gives BHP exposure to a commodity tied to food security and agricultural productivity. I see that as a useful future boost rather than the main reason to own the stock today.

Copper remains the bigger attraction

For me, the strongest reason to stay positive on BHP is copper.

The world is becoming more electricity-intensive. Power grids, renewable energy, data centres, electric vehicles, industrial systems, and artificial intelligence (AI) infrastructure all require more copper.

At the same time, copper supply can be difficult to bring on quickly. New mines require huge capital, long approvals, technical expertise, and often many years of development.

That is a powerful position for a company with BHP’s scale.

Iron ore remains important to group earnings, and commodity prices will always move around. But I think BHP’s copper exposure is becoming more valuable as investors look further ahead.

If copper prices remain elevated over the long term, BHP could be well placed to keep producing strong cash flows.

Valuation and income

The pullback also makes the valuation a little more interesting.

According to CommSec, consensus estimates point to earnings per share of $3.55 in FY26 and $3.81 in FY27.

At a share price of around $60.34, that puts BHP on a price-to-earnings ratio of approximately 17 times FY26 earnings and 15.8 times FY27 earnings.

That is not a screaming bargain for a cyclical miner, but it looks reasonable if investors believe copper, iron ore, and future-facing commodities can support stronger earnings over time.

The dividend also remains part of the appeal. CommSec forecasts dividends per share of $2.12 in FY26 and $2.02 in FY27, implying dividend yields of around 3.5% and 3.3%, respectively.

Those yields are useful, especially alongside the potential for capital growth if commodity markets remain supportive.

Foolish takeaway

I think the BHP share price remains a buy for long-term investors.

The Jansen update is frustrating, and it reminds investors that even world-class miners can face cost and schedule pressure on major projects. But BHP’s broader position remains attractive.

The company has scale, a strong asset base, iron ore cash generation, and growing exposure to copper. Potash still adds a longer-term option, even if the timeline has moved further out.

After an 8% pullback from its record high, I think the BHP share price offers a reasonable entry point for investors who can handle the ups and downs that come with owning a global miner.

The post Down 8%, is the BHP share price a buy? appeared first on The Motley Fool Australia.

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Motley Fool contributor Grace Alvino 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 BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Investors searching for ASX growth shares often look for the same ingredients: market leadership, a strong competitive moat, and a share price that doesn’t fully reflect future potential.

Telix Pharmaceuticals Ltd (ASX: TLX) and Catapult Sports Ltd (ASX: CAT) fit that description.

Both companies have faced significant share price pressure over the past year. Telix shares are up 26% year to date but remain down 43% over 12 months. Catapult has fared even worse, falling 28% in 2026 and 47% over the past year.

Despite those declines, analysts see substantial upside ahead for the ASX shares. Here’s why.

Telix Pharmaceuticals

Telix develops radiopharmaceutical products used to diagnose and treat cancer. Its flagship products target some of the largest oncology markets globally, giving the company exposure to a rapidly growing area of healthcare.

One of Telix’s biggest strengths is its moat. Developing radiopharmaceuticals requires specialised expertise, manufacturing capabilities, regulatory approvals, and distribution networks that are difficult and expensive to replicate. Those barriers help protect established players such as Telix.

After a difficult period, the ASX growth share appears to have found its groove since February. The rebound began when the company confirmed it had filed for a key regulatory approval in Europe.

Momentum continued into April. Telix announced that the US Food and Drug Administration had accepted its New Drug Application for TLX101-Px (Pixclara®), an important milestone for the business. It also revealed a major collaboration with US biotechnology giant Regeneron Pharmaceuticals, further strengthening confidence in its long-term prospects.

Analysts remain highly optimistic. TradingView data shows the majority of brokers rate the $5 billion ASX growth share as a strong buy. The most bullish price target sits at $31.64 per share, implying upside of approximately 123% from current levels.

Morgans is also positive on the stock, with a $24.33 price target, which suggests a 71% upside. The broker recently noted that increasing consolidation across the healthcare sector could generate additional interest in Telix shares.

Catapult Sports

Catapult develops athlete performance and analytics technology used by professional sporting teams around the world.

Its solutions help coaches and performance staff monitor player workloads, reduce injury risks, analyse performance, and improve decision-making. The technology is widely used across major sporting organisations, including teams in the AFL, NRL, Premier League, NFL, NBA, MLB, and international rugby competitions.

That extensive customer base gives Catapult a significant competitive advantage. Once teams integrate the company’s hardware, software, and performance data into their operations, switching providers becomes difficult. This creates sticky customer relationships and recurring revenue streams.

Despite these strengths, investors have remained cautious, helping drive the share price of the ASX growth share sharply lower over the past year.

Analysts, however, remain overwhelmingly bullish. TradingView data shows every analyst covering Catapult currently rates it as either a buy or strong buy. The average price target stands at $5.72, implying upside of approximately 94% from current levels. The most optimistic forecast suggests the ASX growth stock could rise by as much as 175% over the next year.

Morgans has a buy rating and a $5.40 target price. Based on the current share price of $2.95, that points to potential gains of roughly 83%.

The post 2 ASX growth shares that could double your money appeared first on The Motley Fool Australia.

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Motley Fool contributor Marc Van Dinther 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 Catapult Sports and Telix Pharmaceuticals. The Motley Fool Australia has positions in and has recommended Catapult Sports. The Motley Fool Australia has recommended Telix Pharmaceuticals. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Commonwealth Bank of Australia (ASX: CBA) shares have pulled back from their highs, but they still trade at a sizeable premium to the other major banks.

At around $163.56 at the time of writing, CBA shares are above their 52-week low of $146.97 but still well below their 52-week high of $192.

That creates an interesting setup. The banking sector is dealing with a difficult backdrop, including higher interest rates and proposed changes to negative gearing weighing on the housing market. But I think there are still good reasons to buy CBA shares today.

Quality counts in a tougher banking market

The first reason is quality. When conditions become more uncertain, I think investors have a strong reason to focus on the highest-quality bank in the sector. CBA has long held a powerful position in Australian banking, helped by its huge customer base, strong deposit franchise, digital strength, and trusted brand.

Those advantages can be especially useful when the operating environment is harder.

Higher interest rates can put pressure on borrowers. Housing market sentiment can shift. Competition for deposits and mortgages can affect margins. Credit quality also needs watching when households and businesses are under pressure.

In that environment, I think CBA’s scale and customer relationships matter.

The bank has a broad presence across home lending, deposits, business banking, payments, cards, apps, and everyday financial services. It is deeply embedded in the financial lives of many Australians, and that gives it a level of resilience that is hard to replicate.

CBA shares are rarely cheap. But I think the premium reflects a business that investors trust to navigate more difficult periods better than most.

The dividend still has appeal

The second reason is income. CBA shares may not offer the highest dividend yield among the major banks, but the dividend still looks attractive, particularly because it is expected to be fully franked.

According to CommSec, consensus estimates point to dividends per share of $5.10 in FY26 and $5.15 in FY27.

Based on the current share price of around $163.56, that implies forward dividend yields of approximately 3.1% in both years.

For investors who can use franking credits, the grossed-up income picture could look more appealing.

I also think investors should consider the total return potential. A bank share does not need to have the highest yield on the ASX to be worthwhile. If CBA can keep paying reliable dividends while also delivering capital growth over time, the overall return can still be attractive.

That combination is why I think CBA remains such a popular long-term holding.

Earnings support the premium

The third reason is the earnings base. CommSec consensus estimates suggest CBA could generate earnings per share of $6.54 in FY26 and $6.72 in FY27.

At the current share price, that puts the bank on a price-to-earnings (P/E) ratio of about 25 times FY26 earnings and 24 times FY27 earnings.

That is a premium multiple for a bank. But CBA is also the bank with the strongest market reputation, and I think investors have historically been willing to pay more for its quality, consistency, and digital leadership.

The key question is whether CBA can keep justifying that premium.

I think it can. The bank’s technology investment, customer engagement, balance sheet strength, and ability to generate substantial profits all support the case. It may not deliver explosive growth, but it does not need to. A high-quality bank with strong dividends, disciplined lending, and a trusted position in the economy can still create value for shareholders over time.

Foolish Takeaway

CBA shares are not priced like a bargain-bank stock, and that is unlikely to surprise anyone who follows the sector.

But I do not think the investment case rests on the bank suddenly becoming cheap. It rests on the strength of the franchise, the role CBA plays in Australian financial life, and the likelihood that patient investors can still be rewarded through a mix of earnings, dividends, and time.

The sector faces uncertainty, especially around borrowers, housing sentiment, and competition. Even so, for long-term investors looking for exposure to Australian banking, I think CBA remains a share worth considering.

The post 3 big reasons to buy CBA shares appeared first on The Motley Fool Australia.

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Motley Fool contributor Grace Alvino has positions in Commonwealth Bank Of Australia. 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.