S&P/ASX 200 Index (ASX: XJO) shares are just inside the green on Tuesday, up 0.04% to 8,683.4 points.

Among the 11 market sectors, technology is streaking ahead, up 4.4%, while energy is trailing the group, down 1.6%.

Let’s look at some new ratings from the experts (courtesy of The Bull).  

BHP Group Ltd (ASX: BHP)

The BHP share price is $60.36, up 0.9% today and up 44% over 12 months. 

Michael Gable from Fairmont Equities has a buy rating on this ASX mining share. 

Gable said: 

I believe commodities markets are in the early stages of a bull run, leaving BHP’s share price in a prime position to move higher.

Copper now generates most of BHP’s earnings after it produced almost 2 million tonnes in full year 2026. The company should also benefit from constrained global supplies of copper.

Iron ore is also a significant contributor to full year earnings. The company posted an attributable profit of $US9.8 billion in full year 2026, up 9 per cent on the prior corresponding period.

We view any share price dips as a buying opportunity.

JB Hi-Fi Ltd (ASX: JBH) 

The JB Hi-Fi share price is $66.95, up 1% today and down 43% over 12 months. 

Mark Gardner from MPC Markets has a hold rating on this ASX consumer discretionary share. 

Gardner said: 

JB Hi-Fi remains one of the better retailers on the ASX.

The consumer electronics giant delivered record sales of $11.06 billion in full year 2026, up 4.8 per cent on the prior corresponding period. Net profit after tax of $489.9 million was up 6 per cent. The total fully franked dividend of $3.37 was up 22.5 per cent.

A concern is momentum, as total sales growth for JB Hi-Fi Australia was down 0.5 per cent between July 1 and July 31, 2026.

Hold, but keep an eye on the news flow and numbers.

Corporate Travel Management Ltd (ASX: CTD)

The Corporate Travel Management share price is $2.37, up 1.7% today and up 2% over 12 months. 

John Athanasiou from Red Leaf Securities has a sell rating on this ASX retail share. 

Athanasiou said: 

CTD reported improved underlying earnings in fiscal year 2026. However, in my view, questions remain around historical customer remediation, governance, financial controls and funding requirements.

In a company update on April 22, 2026, a review had found that UK customers were charged in excess of their contractual entitlement.

On September 1, 2026, the company noted about 78 per cent of customer refunds had been agreed or were nearing finalisation.

In my view, the near term risk-reward equation remains unattractive.  

The post Buy, hold, sell: Corporate Travel Management, JB Hi-Fi, BHP shares appeared first on The Motley Fool Australia.

More reading

• BHP vs Coles: Which ASX share is better for passive income?
• Experts name 3 popular ASX 200 shares to buy this week
• 3 ASX shares to sell now according to experts
• Expert names Woodside and BHP shares as top buys today
• Should I buy BHP shares in October?

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 Corporate Travel Management. The Motley Fool Australia has positions in and has recommended Corporate Travel Management. 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.

The ResMed Inc. (ASX: RMD) share price is trading around $31.62 on Tuesday.

At that price, I think the sleep treatment company is starting to look cheap given the earnings growth expected over the next few years.

Here is why.

The earnings growth catches my attention

I think ResMed has a bright outlook that makes it worth considering today.

The company generated earnings per share (EPS) of $1.54 in FY26.

Consensus forecasts point to EPS increasing to $1.69 in FY27, $1.85 in FY28, and $2.02 in FY29.

That works out to annual earnings growth of roughly 9% to 10% across each of the next three years.

I think that is a very healthy pace for a business of ResMed’s size.

It means that at $31.62, the ResMed share price is trading on a PE ratio of roughly 18.7 times forecast FY27 earnings. That falls to around 17 times FY28 earnings and less than 16 times the FY29 estimate.

For a global healthcare company expected to compound earnings at close to double-digit rates, those numbers look quite reasonable to me.

Plenty of room to keep growing

The valuation is only attractive if the business has somewhere to go from here. I think ResMed does.

Sleep apnoea is a major global health problem with an estimated 1 billion+ sufferers, and a significant number of them remain undiagnosed or untreated.

That gives ResMed a substantial market opportunity as awareness improves and more patients enter the healthcare system.

The company is already one of the global leaders in sleep and respiratory care, with its devices helping patients manage obstructive sleep apnoea and other conditions.

That position means ResMed does not need to create an entirely new market. It can continue growing as diagnosis rates increase and treatment reaches a larger proportion of the people who could benefit from it.

I also think broader health trends support the long-term opportunity. Ageing populations and rising obesity rates can contribute to the prevalence of sleep apnoea, potentially increasing the number of people who require treatment over time.

So, is the ResMed share price cheap?

I think it is a cheap buy. A forward PE ratio below 19 times does not strike me as demanding when analysts expect earnings to grow at roughly 9% to 10% a year.

If ResMed reaches the FY29 EPS forecast of $2.02, today’s price would represent less than 16 times those earnings.

Of course, forecasts can change, and healthcare companies still need to execute well to turn market opportunity into earnings.

But at the current price, I think investors are getting a compelling risk/reward ratio.

Foolish takeaway

At $31.62, I think the ResMed share price looks cheap for the growth on offer.

With earnings expected to keep rising and the company still facing a large global market opportunity, I would be happy buying at current levels and holding for the long term.

The post Is the ResMed share price a cheap buy? appeared first on The Motley Fool Australia.

More reading

• 5 best ASX shares to buy in October
• How I’d build a $50,000 ASX share portfolio today
• 5 things to watch on the ASX 200 on Thursday
• How to build a $50,000 passive income from ASX shares
• ASX 200 healthcare shares lead a weaker market amid 82% chance of a rate hike

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

The S&P/ASX 200 Index (ASX: XJO) is little changed on Tuesday.

After climbing as high as 8,697 points shortly after the open, the benchmark has since slipped back.

The ASX 200 is currently up just 0.04% at around 8,682 points, leaving it pretty much where it started the day.

It’s also a mixed session across the market, with 87 shares higher, 101 lower and 12 unchanged.

There are some big moves among individual shares, but investors also have one eye on this afternoon’s interest rate decision.

That could make things a lot more interesting later today.

So, let’s take a look at what’s happening.

Tech shares steal the show

The S&P/ASX 200 Information Technology Index (ASX: XIJ) is one of the strongest areas of the market today, up 2.41%.

Megaport Ltd (ASX: MP1) shares are 12% higher after announcing three new AI infrastructure contracts worth a combined $978.6 million.

The company also upgraded its FY27 revenue guidance to between $720 million and $810 million.

Codan Ltd (ASX: CDA) shares have also jumped around 18% to $60.84 after upgrading its earnings guidance.

Elsewhere, South32 Ltd (ASX: S32) shares are up 3.18% to $5.04, while QBE Insurance Group Ltd (ASX: QBE) has climbed 1.43% to $23.44.

However, those gains are being offset by weakness elsewhere in the market.

Banks weigh on the market

The major banks aren’t offering much support today, with all four trading lower.

Commonwealth Bank of Australia (ASX: CBA) shares are down 0.67% to $151.45, and National Australia Bank Ltd (ASX: NAB) has slipped 0.61% to $41.70.

Westpac Banking Corp (ASX: WBC) shares are down 0.50% to $38.15, with ANZ Group Holdings Ltd (ASX: ANZ) having fallen 0.62% to $37.04.

Wall Street falls overnight

Our share market also received a weak lead from Wall Street overnight.

The Dow Jones Industrial Average (DJX: .DJI) fell 0.67%, while the S&P 500 (SP: .INX) dropped 0.77%.

The Nasdaq Composite (NASDAQ: .IXIC) fell the most, down 0.92%.

US Treasury yields also moved higher, with the 10-year yield climbing above 5.2%.

All eyes on the RBA

The big event is still to come, with the RBA set to announce its latest interest rate decision at 2:30pm AEST.

The cash rate currently stands at 4.35% after three increases in 2026, with another rise widely expected today.

Investors also received new household spending figures this morning.

Spending was flat in August after climbing 1.1% in July, while annual growth remained at 6.8%.

The RBA decision, and what Governor Michele Bullock says afterwards, could have a much bigger say in where the market finishes today.

The post ASX 200 holds steady as investors brace for a big afternoon appeared first on The Motley Fool Australia.

More reading

• Why I’d buy NAB shares in October
• This ASX tech company just surged past the $10 billion valuation mark after a major profit upgrade
• Megaport shares on watch after locking in almost $1 billion of new AI deals
• Megaport lifts FY27 outlook after landing $1B in new AI infrastructure deals
• Codan trading update: Record H1 FY27 profit and revenue

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 positions in and has recommended Megaport. 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.