If you are looking for S&P/ASX 200 index (ASX: XJO) shares to buy (and sell), then it could be worth hearing what one expert is saying, courtesy of The Bull.

Here are two ASX 200 shares they are tipping as buys and one share that they think is a sell:

Coles Group Ltd (ASX: COL)

The team at Catapult Wealth is positive on supermarket giant Coles. 

It highlights the company’s attractive and reliable dividend yield and defensive earnings as reasons to buy. It said:

The supermarket industry structure remains favourable, with Coles and competitor Woolworths dominating market share. Coles posted group sales revenue of $45.580 billion in full year 2026, up 2.8 per cent on the prior corresponding period. Excluding significant items, group earnings before interest and tax of $2.322 billion was up 9.9 per cent. 

Supermarket eCommerce sales was a highlight, growing 26.4 per cent. Coles offers a reliable dividend yield, backed by defensive earnings. Catalysts for growth include online expansion, population growth and supply chain automation.

National Australia Bank Ltd (ASX: NAB)

Catapult Wealth isn’t as positive on NAB and has named it as an ASX 200 share to sell this week.

It believes that growth will be challenging for the banking giant in the near term and thinks investors could get better value for money elsewhere in the market. Catapult Wealth explains:

Revenue grew by 2 per cent in the third quarter of fiscal year 2026 when compared to the first half quarterly average. Cash earnings also increased by 2 per cent. In our view, the broader banking sector is facing several headwinds. The Federal Government announced changes to capital gains tax and negative gearing in the May Budget. 

Investment loan applications have slowed amid a cost of living crisis. While the NAB business is well managed and the balance sheet is solid, it’s difficult to identify any significant growth on the horizon. Investors may want to consider taking some profits and explore superior earnings growth opportunities elsewhere.

Netwealth Group Ltd (ASX: NWL)

The wealth management firm has named Netwealth as an ASX 200 share to buy.

It believes the investment management platform provider’s shares are trading at an attractive level following recent weakness. Catapult Wealth said:

Netwealth operates a leading investment management platform used by financial advisers in Australia. The company’s full year 2026 results continued to deliver strong growth, with the platform’s funds under administration increasing 20.3 per cent to $135.7 billion and earnings per share growing 16 per cent to 55.2 cents. 

Despite these strong results, the share price has fallen significantly, most likely and partially in response to a compensation payout of about $101 million to members in the collapsed First Guardian Master Fund. Share price weakness presents an opportunity, as Netwealth still holds a net cash position and is poised to generate strong revenue growth moving forward.

The post 2 ASX 200 shares to buy and 1 to sell now appeared first on The Motley Fool Australia.

More reading

• Buy, hold, sell: Coles, NAB, CSL shares
• Down 15% and paying record dividends: Are CBA shares now a good buy for passive income?
• Here’s the dividend forecast out to 2029 for Coles shares
• Telstra vs NAB: Which ASX blue chip is the better buy?
• 6 ASX 200 shares boosted 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 positions in and has recommended Netwealth Group. The Motley Fool Australia has positions in and has recommended Netwealth Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Once a week, I like to look at ASIC’s short position report to find out which ASX shares are being targeted by short sellers.

That’s because I believe it is worth keeping a close eye on short interest levels as high levels can sometimes be a sign that something isn’t quite right with a company.

With that in mind, listed below are the 10 most shorted shares on the ASX this week according to ASIC.

The top 10 most shorted ASX shares

• Lotus Resources Ltd (ASX: LOT) remains at the top of the table with short interest of 17%, up from 15.9% last week. The uranium producer continues to attract short sellers, possibly due to concerns over its ability to ramp up production at Kayelekera and deliver the expected financial benefits.
• DroneShield Ltd (ASX: DRO) has seen its short interest rise to 16.2%. Short sellers may be questioning whether the counter-drone technology company’s growth can justify its valuation, particularly with the ASIC investigation still creating uncertainty.
• 4DMedical Ltd (ASX: 4DX) has short interest of 12.3%, which is up slightly week on week. Despite encouraging progress with its US commercial rollout, short sellers may believe its current revenue base is too small to support its market valuation.
• Domino’s Pizza Enterprises Ltd (ASX: DMP) has seen its short interest rise to 12%. The pizza chain operator remains under pressure as it works to improve store profitability and restore earnings growth following a difficult period.
• IperionX Ltd (ASX: IPX) has jumped to fifth with short interest of 11.7%, up from 10.6% last week. Short sellers may have concerns over the titanium company’s valuation and how quickly it can turn its growing production capacity into meaningful earnings.
• Treasury Wine Estates Ltd (ASX: TWE) has seen its short interest ease to 11.4%. The Penfolds owner continues to face challenging conditions in the Americas, with short sellers potentially questioning how quickly its restructuring efforts will improve profitability.
• PLS Group Ltd (ASX: PLS) has 11.2% of its shares held short, which is broadly unchanged since last week. Uncertainty over the timing of a sustained lithium price recovery may be keeping short sellers interested in the miner.
• Telix Pharmaceuticals Ltd (ASX: TLX) has returned to the top ten with short interest of 11%. Despite recently securing US FDA approval for Pixclara, short sellers may still be questioning how quickly its expanding product portfolio can drive earnings growth.
• Flight Centre Travel Group Ltd (ASX: FLT) has seen its short interest ease slightly to 11%. Short sellers may remain wary of disruption to international travel and whether the company can deliver a meaningful improvement in margins.
• Paladin Energy Ltd (ASX: PDN) has short interest of 10.9%, which is broadly flat week on week. The uranium producer continues to attract short sellers, possibly due to doubts over its ability to meet production expectations and keep operating costs under control.

The post These are the 10 most shorted ASX shares appeared first on The Motley Fool Australia.

More reading

• ASX 200 healthcare shares lead a weaker market amid 82% chance of a rate hike
• Here are the top 10 ASX 200 shares today
• 4DMedical shares are rocketing 11% today. Is a short squeeze starting?
• Could this evolving development smash ASX lithium shares like Liontown, Mineral Resources and PLS?
• 3 ASX 200 shares forecast to fly 30% to 40% higher

Motley Fool contributor James Mickleboro has positions in Domino’s Pizza Enterprises and Treasury Wine Estates. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Domino’s Pizza Enterprises, DroneShield, Telix Pharmaceuticals, and Treasury Wine Estates. The Motley Fool Australia has positions in and has recommended Treasury Wine Estates. The Motley Fool Australia has recommended Domino’s Pizza Enterprises, Flight Centre Travel Group, and Telix Pharmaceuticals. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

On Friday, the S&P/ASX 200 Index (ASX: XJO) finished the week with the smallest of declines. The benchmark index fell slightly to 8,731.2 points.

Will the market be able to bounce back from this on Monday? Here are five things to watch:

ASX 200 expected to fall

The Australian share market looks set for a poor start to the week following a mixed session on Wall Street on Friday. According to the latest SPI futures, the ASX 200 is expected to open the day 57 points or 0.65% lower. In the United States, the Dow Jones was down 0.2%, the S&P 500 rose 0.15%, and the Nasdaq pushed 0.4% higher.

Oil prices drop

ASX 200 energy shares including Santos Ltd (ASX: STO) and Woodside Energy Group Ltd (ASX: WDS) could have a soft start to the week after oil prices pulled back on Friday night. According to Bloomberg, the WTI crude oil price was down 1.6% to US$100.30 a barrel and the Brent crude oil price was down 0.9% to US$103.87 a barrel. This was driven by optimism over Saudi Arabian oil flows.

Buy Nickel Industries shares

Nickel Industries Ltd (ASX: NIC) shares could be worth a look according to Bell Potter. This morning, the broker has retained its buy rating and $1.45 price target on the nickel producer’s shares. It said: “NIC is one of the world’s largest listed nickel producers and offers exposure across a range of nickel products and markets. It has a track record of maintaining margins through low nickel prices, benefitting from its diversified product suite and margin exposure across an integrated value chain. We retain our Buy recommendation and TP$1.45/sh.”

Gold price rises

It could be a positive start to the week for ASX 200 gold shares Capricorn Metals Ltd (ASX: CMM) and Northern Star Resources Ltd (ASX: NST) after the gold price rose on Friday night. According to CNBC, the gold futures price was up 0.55% to US$4,424.9 an ounce. Easing oil prices gave the precious metal a boost.

New Hope shares downgraded

New Hope Corporation Ltd (ASX: NHC) shares are overvalued according to Bell Potter. This morning, the broker has downgraded the coal miner’s shares to a sell rating with a $5.00 price target. It said: “We have downgraded our NHC recommendation to Sell on recent share price appreciation. Our $5.00/sh Target Price already incorporates a 14% premium to our sum-of-the-parts valuation, reflecting NHC’s leverage to global energy security themes amplified by recent geopolitical tensions. We expect energy markets will normalise over the near-term. Beyond the ramp-up of New Acland Stage 3, NHC has a limited organic production growth pipeline, and we expect earnings will peak in FY27. We expect NHC may participate in further industry consolidation as an acquirer.”

The post 5 things to watch on the ASX 200 on Monday appeared first on The Motley Fool Australia.

More reading

• ASX 200 healthcare shares lead a weaker market amid 82% chance of a rate hike
• Here are the top 10 ASX 200 shares today
• Santos vs Woodside: Which ASX energy share is better value?
• Here’s the earnings forecast out to 2028 for Woodside shares
• ASX 200 slips into the red after a positive start. Here’s why

Motley Fool contributor James Mickleboro has positions in Woodside Energy Group Ltd. 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.